Toronto, Ontario – August 1, 2019 – Orefinders Resources Inc. (“Orefinders” or the “Company”) (TSX.V: ORX) is pleased to announce that, in conjunction with Young Mining Professionals (“YMP”), the Company will provide a $4,000 scholarship to an innovative student that is studying in a mining related field in Canada.

“Our team is a big believer in innovation, whether it’s exploration, operations, data analytics or metallurgical systems there is a yet to be discovered process that will revolutionize the way we locate and extract orebodies. We are proud to support the Young Mining Professionals and the next generation of entrepreneurs they represent,” said Stephen Stewart, Orefinders CEO and the Chairman of the Young Mining Professionals organization.

Full details on Orefinders’ Innovation in Mining Scholarship is available at the link below: 

www.orefinders.ca/innovation 

About YMP Scholarship Fund

The Orefinders Innovation in Mining Scholarship is one of ten scholarships totalling over $44,0000 on offer from the YMP Scholarship Fund in 2019. The Fund’s mandate is to attract young talent to the exploration and mining industry by supporting their academic studies in Canada.

The YMP Scholarship Fund donates 100% of its revenue to students via this scholarship program.

The Fund is a registered charity and is eligible to offer tax receipts to its donors.

Individuals or corporations who would like to support mining education in Canada or establish new scholarships are encouraged to contact us at toronto@youngminingprofessionals.com.

About Orefinders Resources Inc.

Orefinders is a Gold exploration and development company focused in the Kirkland Lake District of Ontario’s Abitibi Greenstone Belt. The Company is listed on the Toronto Venture Exchange under the symbol ORX.

To Speak to the Company directly, please contact:

Stephen Stewart, Chief Executive Officer

Phone:  416.644.1567

Email:  sstewart@orefinders.ca

www.orefinders.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Orefinders’ assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Orefinders. Additional information identifying risks and uncertainties is contained in filings by Orefinders with Canadian securities regulators, which filings are available under Orefinders’ profile at www.sedar.com