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Bjorkdal Gold Mine, Sweden - Project Update and 2008 Plans
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Gold-Ore Resources Ltd. is pleased to summarize 2007 activities at the
Bjorkdal Gold Mine in Sweden. On December 31, 2007 Gold-Ore completed
the acquisition of the Bjorkdal Mine and, along with other
acquisitions, has assembled 100% of the mineral rights to 73 square
kilometres of highly prospective terrain covering numerous
gold-tellurium occurrences and drill targets.

Highlights from 2007 include:

- acquired 100% ownership of Bjorkdalsgruvan AB and associated assets
- produced 19,200 ounces of gold
- completed 1,400 metres of underground tunnels
- drilled 13,400 metres in 128 holes
- commenced test mining
- initiated a resource estimate and feasibility study
- expanded land holdings

Bjorkdal Gold Production

The goal of the Company is to reduce feed from the low-grade stockpiles
and increase production from underground while maintaining the 3,300
tonnes/day throughput thereby increasing annualized gold production to
50,000 to 75,000 ounces.

The Bjorkdal gold concentrating plant operated for 337 days during 2007
and produced 19,200 ounces of gold. The plant processed 1.1 million
tonnes of ore at an average daily throughput of 3,300 tonnes/day. Gold
grades averaged 0.63 grams/tonne with an average recovery of 85.2%. The
surface stockpiles accounted for 85.5% of the plant feed while the
underground production accounted for 14.5% of the material processed.

The Bjorkdal plant is in very good operating condition and is capable
of sustaining production at rated capacity for years with normal
maintenance and minimal upgrades.

2007 Exploration/Development Activities

In May 2007 the Company commenced a work program designed to test the
feasibility of underground mining at Bjorkdal. The program involved
diamond drilling, underground tunnelling and test mining, all of which
were to be completed by year-end, and documented in a feasibility
study. Due to contractor delays in procuring machinery, the test mining
was delayed and was not initiated until mid-December, but is currently
advancing rapidly.

The underground mining method selected for Bjorkdal is long-hole
stoping utilizing stope widths of 2.5 to 3.0 metres with a sub-level
spacing of 20 metres. The test mining will involve mining at least four
stopes resulting in approximately 50,000 tonnes of plant feed.

Underground tunnels totalling 1,400 metres in length were excavated on
two levels during 2007 (compared to 1,100 metres in 2006). The rock
excavated from the tunnels was principally low-grade development muck
and was processed resulting in the production of 2,500 ounces of gold
that were sold at spot prices generating C$1.75 million. Two diamond
drill rigs operated on the property all year and 128 holes totalling
13,400 metres (compared to 91 holes and 7,950 metres in 2006) were
completed. Late in 2007 the emphasis in the drilling shifted from a
systematic resource drill pattern to a broader step-out pattern to
demonstrate a larger target dimension.

Step-out drill holes extended the strike of the gold bearing system
another 300 metres beyond the underground development. The Company is
very optimistic that the current development footprint can be extended
to the northeast adding significant resources.

Resource Estimate and Feasibility Study

In June 2007 the Company commissioned an independent engineering firm,
Wardell Armstrong International of Cornwall, England, to conduct a
feasibility study that would address all issues regarding re-activation
of the Bjorkdal Gold Mine as an underground mining operation. It was
initially proposed that the study would be completed by the fourth
quarter of 2007; however, delays in the test mining have impacted on
the feasibility study. The study has examined the plant process,
tailings disposal, mine design and mining methods, manpower and
machinery requirements, rock mechanics and the mine closure plan. The
study will be finalized at the completion of the test mining and
resource estimate. An NI 43-101 compliant resource estimate is now
underway and is also being conducted by Wardell Armstrong
International. The completion schedule is for the end of February.

At the request of the Company's auditors, the Company commissioned GBM
Materials Engineering Consultants to provide an independent evaluation
of the Bjorkdal plant. GBM estimates that the replacement cost is
US$40.0 million, not including infrastructure.

2008 Planned Activities

Between June and December 2007 an average 400 tonnes per day were mined
from underground at Bjorkdal supplemented with 2,900 tonnes per day
from surface stockpiles. Starting in January, with the onset of
stoping, the underground output will increase to 750 tonnes per day.
Upon completion of the test mining, the underground output will
increase again with the addition of more mining equipment and crews
eventually reaching 1,500 tonnes per day. The goal is to initially
reach annualized gold production of 50,000 to 75,000 ounces. The
Company plans to aggressively explore other nearby gold targets to
further increase its annual gold production.

In October 2007 the Company purchased the adjacent Ronnberget Property
where historic exploration work has identified Bjorkdal-style quartz
veins that contain gold associated with tellurium. Significant gold
grades were intersected in previous drill programs including 179.8
grams/tonne over 6.0 metres and 13.7 grams/tonne over 3.2 metres.

The database purchased with the Ronnberget Property included the
results of a GEOTEM airborne geophysical survey conducted in the late
1990's. The Company is currently re-evaluating the results of this
survey to identify additional targets on the property. The Company
plans to assemble the database from all available previous work and
conduct an aggressive diamond drill program to test several of the high
priority targets.

Tellurium By-product

Gold mineralization at Bjorkdal is strongly associated with tellurium,
tungsten and bismuth. Tellurium is currently enjoying increased demand
from emerging new applications such as solar panels, high definition
DVD discs and computer memory. Economically significant quantities of
tellurium are found in the middling gold concentrate at Bjorkdal.
Gold-Ore is investigating the by-product sales potential for this
specialty metal.

Vallberget Property

The Company acquired the rights to purchase 100% of the Vallberget
Project, a volcanogenic massive sulphide target in the historic
Bergslagen mining district in central Sweden. Wide spread zinc and
copper mineralization has been identified on the property. The Company
plans an airborne geophysical survey as the first step in evaluating
this project.

For more information please contact Glen Dickson or Bob Wasylyshyn at
(604) 687-8884. Bjorkdal property information is posted on the
Company's web site at www.goldoreresources.com Robert S. Wasylyshyn; P.
Geo. is the Company's Qualified Person for the Bjorkdal Project.


ON BEHALF OF THE BOARD

Robert S. Wasylyshyn, President


The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. This news
release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work
programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements
address future events and conditions and therefore, involve inherent
risks and uncertainties. Actual results may differ materially from
those currently anticipated in such statements.

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Copyright (c) 2008 GOLD ORE RESOURCES LTD. (GOZ) All rights reserved.
For more information visit our website at
http://www.goldoreresources.com/ or send
mailto:info@goldoreresources.com
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