Key Points: • Paleo-placer conglomerate-hosted gold is one of...

Key Points: • Paleo-placer conglomerate-hosted gold is one of several mineralisation styles known to exist within Orinoco’s Faina Goldfields Project. • Gold associated with regional conglomerates and widespread surface anomalies occurs in the north-western portion of the Faina Greenstone Belt at Eliseo. • A recent field review has confirmed this potential over a total strike extent of ~16km. • At Eliseo, conglomerate-hosted gold occurs within a large (+10km) long regional anomaly. • Surface rock chips in the area have returned grades of up to 22g/t, while historical drilling at a prospect immediately north returned outstanding intercepts including 33m at 4.22g/t Au and 28m at 3.96g/t Au. • Eliseo is one of several key targets identified as a priority for upcoming exploration as part of Orinoco’s regional exploration Joint Venture with AngloGold Ashanti. • Additional low-cost reconnaissance exploration work to be undertaken this quarter to further evaluate the conglomerate-hosted gold potential in advance of work by the Joint Venture.