Some interesting aspects in Quarterly. Various low-cost...

Some interesting aspects in Quarterly.

Various low-cost modifications have been made to the Gekko gravity plant including the
removal of six gold traps .
Generally referred to within the industry as Gravity traps within the circuit, when if they are cleaned out
they will refill -saturate before recovery returns to normal !

With mining at the Intermediate zone underway, we now have 3 sources of high grade ore being Mestre, Cascavel and Intermediate.
The thickness of the Intermediate zone of 1.5m to 1.8m, height of 8m and width of 15m, means this zone has the potential to be an important source of high grade ounces near term.
It is the first time that Orinoco as a company will commercially mine this area which has reported panel sample grades of up to 2,560 g/t from a previous management report on 25 October
2012 entitled Broad Alteration Zones Intersected at Brazilian Gold Project.

You should understand what commercially mining means & what the terms where in the
Gold Stream agreement (CRH ) agreement.
Minimum production criteria had NOT been met hence reduced CRH payment obligations,
what has that meant over the last two quarters ?  (important -think about it)

So now we are informed in the quarterly ( different to twitter as far as Asx reporting )
that
Quote- Post quarter-end, during Friday 27th and Monday 30th July 2018,
Cascavel produced 100-110 ounces of gold doré and gold in concentrate.
That's more like it-remarkable coincidence that after the quarter & a huge outgoing
saving to Gold Stream as minimum production criteria had not been met ,
that the plants production falls into line as said think about it carefully.

Diamond Drilling Results 21.7 m @ 4.49 g/t at Antena-Xupe.-known.
Have we received exploration results for the completed holes at Antena ?-NO
see below
The current exploration program at Antena suggests that high grade gold mineralisation
remains both in the pits and down dip from the previously mined areas with decent thickness
and widths.

We are also awaiting results from Tinteiro for a second batch of rock chip samples after reporting on 13 June 2018 Tinteiro Rock Chip Samples Grade up to 1.75% cobalt 0.5% nickel and 0.6% copper.

As part of this review, the Company conducted a detailed study of the Sertão Prospect which has an existing JORC Mineral Resource estimate of 223,111 tonnes at 6.9g/t for 49,268 ounces of contained
gold.
As a result of this work, an IP anomaly consistent with existing ground geochemistry has been
identified directly to the west of the Sertão Stage 4 and Stage 5 open cut pits.

gltah-salt