27/11/2014 - 17:16

Grade is King for Orinoco

27/11/2014 - 17:16

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Even with a depressed gold price there are still a few WA gold explorers that are hurtling towards production but with one key advantage – grade !Orinoco Gold is one such company and with results of 15m @ 88 g/t or a whopping 2.8 ounces to the ton gold and other samples grading 239 g/t and 842 g/t g

Even with a depressed gold price there are still a few WA gold explorers that are hurtling towards production but with one key advantage – grade !
Orinoco Gold is one such company and with results of 15m @ 88 g/t or a whopping 2.8 ounces to the ton gold and other samples grading 239 g/t and 842 g/t gold who could blame them.
The company has completed 50m of an exploration decline at their Cascavel Gold project in Brazil with an abundance of coarse free gold regularly visible in the decline walls.
Orinoco have decided to simply start mining rather than spend any more money drilling the project to a JORC standard.

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