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0.3¢ orinoco gold limited

Ann: Cascavel Gold Project Development Update, page-12

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KirbieCat

1,794 Posts.

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17/03/16

17:10

Post #: 17302866
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Originally posted by jimone ↑

Not sure exactly where in the 4 meter thickening the bulk sample was taken, so it might have been totally in the high grade vanes, or not, but I think the other shots are around 20 meters wide and from the drilling I think they extend down dip over 1600 meters. If that is correct, then there is at least 320k tons in just this one shot , even at 30 g/t, that is still a lot of the yellow stuff.. Management keep telling us that they are confident that this it is a large high grade system. Geology tells us that these sort of deposits usually extend a long way down dip, but not usually far along strike, looking more and more likely that this system does extend over a large strike, sure hope this is the case....

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Would certainly be nice to 'win' on this share, after being fleeced with AGS.

KC

OGX Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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