Gold-Ore Resources Ltd. provided operational highlights for the first quarter of 2010 (three month period ending February 28, 2010) at the 100%-owned Bjorkdal Gold Mine in Sweden. During the period a total of 10,065 ounces of gold were recovered and this marks the second consecutive quarter with greater than 10,000 ounces recovered. Gold production during the period was on target at over 40,000 ounces on an annualized basis. Tonnes processed in the plant during the first quarter were impacted by an unusually long cold period in January and February resulting in a daily processing average of 3,088 tonnes per day. With improved weather in late February plant throughput averaged over 3,300 tonnes per day in the first half of March, and represents a 10% increase in tonnes processed and better reflects capacity in the plant.

Gold-Ore Resources Ltd. released its financial results for the year ended November 30, 2009. The company reported revenues of $39.7 million for 2009. The company stated that it plans to investigate potential merger and acquisition opportunities in 2010. Glen Dickson, Chairman of the company said: "Gold-Ore has completed a successful first year of commercial production at Bjorkdal. Looking forward, our operating team has identified several major objectives that will potentially increase production and reduce costs and are working diligently to achieve those goals. Management is optimistic that operations will continue to improve in 2010 and the Company will continue to add to its treasury."

Gold-Ore Resources Ltd. reported audited consolidated earnings results for the fourth quarter and full year ended November 30, 2009. For the quarter, the company has reported revenues of CAD 10.4 million, operating cash flow of CAD 3.4 million or CAD 0.04 per share and loss of CAD 26,900 or CAD 0.00 per share. For the year, the company has reported revenues of CAD 39.7 million, operating cash flow of CAD 11.9 million or CAD 0.14 per share and earnings of CAD 5.0 million or CAD 0.06 per share.