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0.3¢ orinoco gold limited

Thank you Sir. HM3 is the only one I want now to be honest. If...

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georgecostanza

1,340 Posts.

39

16/03/18

08:42

Post #: 31795768
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Originally posted by sirjohnnyboy ↑

Hey George,

I thought I'd also mention Espanola here: It is essentially another lode that is above (and beyond?) Cascavel. Essentially we know almost nothing about it except for some rock chip samples. Doesn't fid into an imminent announcement category, but maybe not too far away. In fact it's not far away ...hundred's of meters actually.

View attachment 1013065
One more little comment about Sertao: Our neighbours drilled a hole that intersected mineralisation under our exploration lease (STO-023) and intersected very high grade ore .33m @129,6 g/t. Worth pointing out that this was 600m from Sertao open pit mine finalised by TROY 2007 with gold prices 1/3-1/2 of todays prices. It has been mentioned before, but the underground part of the potential resource has had sparse drilling and therefore the JORC figures have reflected this (conservative). Still even the current JORC at approx 50,000 Oz is not to be sneezed at ...Circa $80+ Million:

View attachment 1013074
Cheers,

SJB

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Thank you Sir.
HM3 is the only one I want now to be honest. If it proves to be a success with a high grade I will be taking a pretty large position so pretty eager to see the results. Nice to see the SP hold up at this level.

OGX Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

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