Cuca’s 2nd batch of panel samples average 48.3 g/t
Bonanza grades up 300 g/t
• Bonanza grades from Cuca’s second batch of 38 panel samples included 134.0 g/t, 184.5 g/t, 212 g/t, 222.0 g/t and 300 g/t
• This follows on from Cuca’s first batch of 35 samples reported on 27th February 2018 that averaged 31.7 g/t and included grades of 73.6 g/t, 102 g/t, 105 g/t and 212 g/t.
• The average grade over both batches is 40.9 g/t and now completes the panel sample program of the historic Cuca workings with assays tested by external certified lab (ALS).
• The vein is continuous along the historic workings and shows thicknesses up to 50 cm.
• Underground and surface drilling to start next month to test continuity of the system along strike and down plunge.
• The results further confirm the potential high-grade nature of the Cascavel-Mestre-Cuca mineralized system and supports potential for near term production at Cuca as part of the Cascavel ramp-up.
salt
OGX Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
