Cleveland to plan, fund and assist Orinoco to mine Cascavel with the potential
to commence near-term operations utilising OGX’s existing underground licence
with a plan to be developed for subsequent open pit operations following a
request to modify OGX’s existing extraction licence.
Ore to be treated at Cleveland’s Premier Gold Mine, located in the same region,
with mining targeted to commence in Q4 2014. Profits to be distributed on a
50/50 basis.
considering ogx potential gold resource,a 50% interest of treated ore sounds very positive to me anyways.
Cleveland to plan, fund and assist Orinoco to mine Cascavel with...
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