undervalued gold play or just a dog

Not liked by many actually probaly by no one lol, but there gold results that have been announced are pretty good, may be one to watch in 2007, there targeting jorc resource of 700,000oz with a market cap of $10mil only a matter of time before someone takes control & re rates ORP on good news, then you have India which I really wouldnt count on but any good results there will reflect in the sp, & if directors are eager to bring back life to the sp they will be looking at some more aquisitions, one to keep watch if the gold price continues to higher levels in 07


recent gold results:


ASX ANNOUNCEMENT
11 October 2006
__________________________________________________
HIGHLIGHTS
�� Diamond drilling at the Sambung prospect identifies broad
zones of gold mineralisation
�� Continuous high grade zone identified over 300m strike
length
�� Better recent intersections include:
SAMDD054: 25m @ 2.84 g/t Au from 15m
(including 6m @ 8.77 g/t Au from 23m)
SAMDD055: 24m @ 3.25 g/t Au from 14m
SAMDD056: 8m @ 8.66 g/t Au from 35m
(including 3m @ 20.85 g/t from 35m)
SAMDD059: 10m @ 3.40 g/t Au from 48m
SAMDD061: 8m @ 2.60 g/t Au from 0m
21m @ 5.36 g/t from 27m
�� Geological model confirmed; indicates exploration upside
�� Further drilling to test down – dip extent of high grade zone
this quarter
__________________________________________________
Oropa is pleased to announce further encouraging drilling
results from its Sambung prospect, North Sumatra, Indonesia.
The completion of over 5000m of diamond drilling at Sambung
by Oropa has enabled the exploration team to complete
detailed geological modelling of the central portion of the
Sambung prospect. Modelling indicated the presence of a
core zone of high grade gold mineralisation, which was tested
by the completion of holes SAMDD054, 55, 56, 59 and 61; all
of which intersected strong zones of gold mineralisation within
predicted zones. Additional holes were designed to close off
mineralisation on selected drill sections.
Gold mineralisation at Sambung predominantly occurs as a
blanket of shallow-dipping siliceous jasperoid that formed at or
near the unconformity contact between older Permian
limestone and younger Tertiary sediment. Mapping, drilling
and geological interpretation strongly suggested the presence
RECENT PUNGKUT PROJECT
ANNOUNCEMENTS
21 September 2006
Exploring the Pungkut Project-
Presentation
19 September 2006
Discovery at Tambang Ubi
18 September 2006
Sambung Exploration Update
31 July 2006
June 2006 Quarterly Report
24 July 2006
High Grade Silver Discovery at Sihayo 1
North
CORPORATE
25 Charles Street
South Perth WA 6151
Ph: +61 8 9368 4544
Fax: +61 8 9368 4522
Email: [email protected]
www.oropa.com.au
ABN: 77 009 241 374
BOARD OF DIRECTORS
Brian Hurley Chairman
Phillip Christie- Director
Rod Murchison- Non-Executive
Director
Bruce Tomich Non Executive
Director
DRILLING REVEALS HIGH GRADE GOLD ZONE AT SAMBUNG