OGX orinoco gold limited

Bond, good question where is money going to come from Build...

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    Bond, good question where is money going to come from


    Build their own CIL plant



    For the quarter ending 30th September we produced ounces 316 ounces partly due to theongoing substantial losses into the tailings.



    Our quarter was also severely affected by alack of reliable equipment underground in August and September which we are addressingwith the purchase of a third Toro that should arrive next week.• Effective Monday 29th of October, we have moved from one to two shifts per day with aparticular focus on processing up to 3,000 tonnes of tailings each month in addition to ourhigh grade ore. We hope the adjustments to the mill and the increased volume of feed fromtailings will allow us to reach our first production milestone in the near term.• Overall, the CIL tests confirm in our mind that Cascavel is extremely high grade and theapproximate 40,000t of dry stacked tails could contain a significant quantity of gold.



 
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Currently unlisted public company.

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