Progress Update

Orogen Gold Plc

('Orogen' or 'the Company')

Progress Update

Orogen Gold Plc (AIM:ORE), the AIM listed mineral exploration company focussed on Gold exploration and development in Eastern Europe, provides the following update on the exploration programme at the Deli Jovan gold project in Eastern Serbia.

A 7,500 metre diamond drilling programme commenced on 22 May 2012 and the Company is pleased to report that solid progress is being made, with 15 holes drilled so far at the Gindusa mine target. The programme is on schedule, with 3,800 metres of drilling completed.

Drilling has covered a strike length of 250 metres targeting the potential down-plunge extension of high-grade gold shoots within the Gindusa lodes indicated from underground sampling and mapping. A major 100 metre wide shear-zone has been intersected along the full strike length drilled to date. This shear-zone contains several narrow quartz-pyrite lodes that were previously exploited through shallow underground mining at Gindusa. The deepest hole drilled to date has confirmed that the shear-zone continues beyond 250 metres vertical depth - Gindusa was mined historically to just 80 metres depth. Drill core logging and assaying of core samples will be used to identify possible depth extensions to the Gindusa lodes and to evaluate their economic potential.

Logging and sampling of core is progressing well and a batch of drill core samples has been dispatched to the ALS Chemex laboratory at Rosia Montana, Romania for assay testing. Analytical results will be reported as soon as they are received and appraised.

Chief Executive of Orogen Gold Plc, Ed Slowey, commented:

"The programme at Deli Jovan is on target, and we are encouraged with all aspects of the operation and in particular the depth to which the shear-zone at Gindusa has been identified by drilling. We look forward to further updating shareholders shortly, with the Company's Interim Report due in September."

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Ed Slowey, CEO of Orogen is a Competent Person as defined by various international instruments and takes responsibility for the release of this information.

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Notes to Editors

The Deli Jovan gold project is in eastern Serbia, the site comprising two shallow underground gold mines at Rusman and Gindusa, about 6 kilometres apart along a major shear zone. Production at the mines was halted in the 1930s due to the impending Second World War, and was never restarted. The mines lay untouched for over 70 years until Orogen Gold reassessed, dewatered and restarted exploration at Deli Jovan in 2011.