Oropa (ORP)

Shares / Stock Code

ORP

Stock Exchange / Sharemarket

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Oropa (ORP) is a mineral exploration Company principally engaged in the identification and development of resource projects in Australia, Africa and Asia, with a focus on creating maximum value for its shareholders. The Company was listed on the Australian Stock Exchange on 31st March, 1988.

Oropa's key projects include Pungkut gold project in Sumatra, Indonesia (earning 75%); Block D-7 and Raipur West diamond exploration projects in Chhattisgarh, India; Krishna River Delta and Krishna River Valley in Andhra Pradesh, India; Mzimba Northwest, Chitunde and Chinzani uranium exploration projects in Malawi, Africa; and Mulgabbie and Mt Keith gold projects in Australia.

Oropa has achieved significant exploration successes at its Pungkut Gold Project and it is presently focused on developing Pungkut to a mining stage. To date, three drilling programs (40 holes for 5,625 metres) at the Sihayo 1 North, Sihayo 2 and Sambung prospects have been completed by the Company which resulted in doubling of the inferred gold resource at Sihayo 1 North.

Oropa has a team of highly skilled and committed personnel that is aimed at maximising the wealth of the company through focused exploration on projects in highly prospective areas around the globe. Oropa’s management team is committed to transform Oropa from a global explorer into a successful producer of gold, diamonds and other minerals. Today the Company maintains a high quality portfolio of mineral assets that provide an excellent foundation for Oropa to become a miner from explorer.

Oropa History

Oropa made its debut on the ASX on 31 March 1988 under the name Finders Gold NL (FIG). During 1998 and 1999 the Company’s focus was on the development of the Lanut gold project. In September 1999 it acquired a 19.9% interest in CEPO. The Company was renamed from Finders Gold NL to Oropa Limited (ORP) on 16 February 2000.