GreenOre increases size of prospecting area in Aberdeenshire

“GreenOre Gold PLC is pleased to announce the acquisition of a further 248km squared prospecting area to the north and east of the ‘Towie’ licence.  This has increased the total prospecting area to 500km squared encompassing the townships of Towie, Rhynie and Alford.  The increased size of the prospecting area was due to the positive results obtained in the second half of 2015.  The results include many high grade rock samples up 53.8g/t over a 10km trend.  Visible gold was also noted in a rock sample and numerous streams.  Future work will aim to identify the extent of the gold trend and locate new targets.  Work will include stream sediment sampling, rock and soil analysis with the possibility of trenching and drilling to obtain gold in bedrock.  This move is a part of the joint venture agreement with Koza Ltd.”