VanEck Vectors Global Alternative Energy ETF Announces Central Tunnel Drill Results - Bjorkdal, Sweden Evaluating Bulk Mining Methods by 24hgold

Re: News Release - Tuesday, June 17, 2008
Title: Gold-Ore Announces Central Tunnel Drill Results - Bjorkdal, Sweden Evaluating Bulk Mining Methods

Gold-Ore Resources Ltd. (the "Company") is pleased to provide infill drill results from recent underground drilling in the Central Tunnel at the Bjorkdal Gold Mine in Sweden. During 2007 and 2008 a total of 4,760 metres in 54 holes was drilled from the Central Tunnel. A 43-101 compliant resource calculation released on March 12, 2008 only incorporated a minor amount of the mineralization at the Central Tunnel due to the lack of infill drilling. The next resource calculation will better reflect the potential of the area.

Drilling commenced in 2008 with one rig on April 14 and 32 holes totalling 2,000 metres have been completed to-date. Of these, the first 15 were drilled from the Central Tunnel and the results are shown in the tables below. The drill has since moved to the Eastern Tunnel.

The results in Table 1 reflect a narrow vein mining plan with an average minimum stope width of 3 metres. Table 2 presents the results accommodating wider stopes or a possible underground bulk method of mining. A mining plan for this area is currently being designed.

Table 1. Central Tunnel Drill Results -- minimum 3 metre stope width

Hole Number	Section	Azimuth	Dip	From (m)	To (m)	Interval (m)	True Width (m)	Au Grade (g/t)
2008-001	225W	150	12	1.0 33.2 48.0	5.0 35.7 50.0	4.0 2.5 2.0	3.9 2.4 2.0	11.92 17.32 13.05
2008-003	225W	330	-18	2.2 17.2 26.4	7.2 22.3 30.5	5.0 5.1 4.1	4.8 4.9 3.9	6.87 5.98 7.97
2008-004	225W	330	-50	3.0 12.9	7.0 15.9	4.0 3.0	2.6 1.9	10.37 3.16
2008-006	195W	150	0	49.0	51.1	2.1	2.1	15.67
2008-007	195W	330	-18	8.9 23.0 33.7	19.0 25.0 36.0	10.1 2.0 2.3	9.6 1.9 2.2	7.83 10.75 4.52
2008-008	165W	330	-45	13.5	16.5	3.0	2.1	2.95
2008-010	165W	150	15	24.0 35.7 45.0 59.2	26.7 37.8 49.1 64.0	2.7 2.1 4.1 4.8	2.6 2.0 4.0 4.6	3.47 11.05 6.96 2.41
2008-012	135W	330	-15	58.9	62.6	3.7	3.6	4.49
2008-014	135W	150	12	63.9 82.2	66.5 85.0	2.6 2.8	2.5 2.7	2.54 5.95

Table 2. Central Tunnel Drill Results -- bulk mining averages

Hole Number	Section	Azimuth	Dip	From (m)	To (m)	Interval (m)	True Width (m)	Au Grade (g/t)
2008-001	225W	150	12	25.5	35.7	10.2	10.0	4.70
2008-002	225W	150	-45	13.5	23.5	10.0	7.1	0.99
2008-003	225W	330	-18	17.2	30.5	13.3	12.6	4.80
2008-004	225W	330	-50	3.0	14.9	11.9	7.6	4.29
2008-006	195W	150	0	44.0	51.1	7.1	7.1	4.89
2008-007	195W	330	-18	8.9	36.0	27.1	25.8	4.20
2008-010	165W	150	15	35.7	49.1	13.4	12.9	3.88
2008-012	135W	330	-15	58.9	73.0	14.1	13.6	2.10

Sample Protocol and Chain of Custody

In order to minimize the effects of the coarse, nugget gold at Bjorkdal, the Company has elected to submit 100% of the core for analysis, thus not retaining half core for archive. This provides a much larger sample for gold analysis and theoretically a more representative result. Historically, the Company has used this practice on 22% of previous drilling and there are over 20,000 metres of core archived on the property. The core is logged and photographed, and then the entire core is shipped to ALS Chemex for gold analysis. A rigorous QA/QC program is employed that involves the insertion of blanks, certified standards and field and lab duplicates.

Bjorkdal Gold Production

The Bjorkdal gold concentrating plant continues to operate at the full capacity of 3,400 tonnes/day or 100,000 tonnes/month. Gold production for May reached an annualized level of 29,200 ounces, which represents a 52% increase over 2007 production.

A scheduled maintenance shutdown in June will reduce the monthly throughput by 5,000 to 10,000 tonnes. July production from underground only will be reduced due to scheduled vacation by the contract mining crew. Gold production during July will be from open pit material and surface stockpiles.

Gold-Ore Resources is a mineral exploration development company with operations currently focussed in the country of Sweden. In addition to the Bjorkdal gold mine, the Company also has two other exploration concessions in the country, the Ronnberget Property (adjacent to Bjorkdal) and the Vallberget Property, and the recently acquired development project, the Norrliden deposit.

For more information please contact Glen Dickson, Ron Ewing or Bob Wasylyshyn at (604) 687-8884. Bjorkdal property information is posted on the Company's web site at www.goldoreresources.com. Robert S. Wasylyshyn; P. Geo. is the Company's Qualified Person for the Bjorkdal Project.

Robert S. Wasylyshyn, P. Geo
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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