July 23 (Reuters) - Orca Gold Inc ORG.V :
* ORCA GOLD REPORTS ON SUDAN DEVELOPMENTS AND PROVIDES CORPORATE UPDATE
* ORCA GOLD INC - AGREEMENT HAS BEEN REACHED IN REPUBLIC OF SUDAN
* ORCA GOLD INC - ORCA TO RESUME DISCUSSIONS WITH INTERESTED PARTIES ON FINANCING DEVELOPMENT OF BLOCK 14
* ORCA GOLD INC - CURRENT WORKING CAPITAL OF C$8 MILLION WILL SOLELY BE FOCUSED ON FINANCING EFFORTS AND ADVANCING BLOCK 14 TOWARDS PRODUCTION
* ORCA GOLD INC - ORCA IS WELL-FINANCED TO ACHIEVE ITS OBJECTIVE OF PROJECT FUNDING OVER COMING MONTHS
* ORCA GOLD - ON RE-ESTABLISHMENT OF MINISTERIAL STRUCTURE IN KHARTOUM, CO WILL COMMENCE DISCUSSIONS WITH NEW GOVERNMENT FOR POTENTIAL BANKING, INDUSTRY PARTNERS
* ORCA GOLD INC - WITH FINANCING COMMITMENT, BLOCK 14 COULD BE IN PRODUCTION WITHIN 24 MONTHS