Orinoco Gold Limited (ASX: OGX) (“Orinoco”or“the Company”) is pleased to advise that it has completed a new 101ounce gold sale from recent production at the Company’s Cascavel Gold Mine in Brazil.
A total of 3,127 grams of 100% equivalent gold (101 oz) was sold on March 15th. The price received per ounce was US$1300, which resulted in net proceeds, after commissions and fees, of approximately A$173K. This follows a sale of 109 ounces in February 2019.
As with the prior gold sale, mineralised material was processed from run-of-mine (“ROM”) from slot raises between the level 7 and level 6 Mestre zones.
IMO
Looks like averaging just over 100 ounces per month over past 2 months
On par for a little over 300 ounces per quarter
