OGX 0.00% 0.3¢ orinoco gold limited

HM3 Results - Due any time soon., page-22

  1. 1,524 Posts.
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    You'll find there are several posters who share good quality research.

    I suggest you start with these most recent posts by: @sirjohnnyboy
    https://hotcopper.com.au/posts/31402621/single
    https://hotcopper.com.au/posts/31565614/single
    https://hotcopper.com.au/posts/31575430/single

    And as @Just_Westy said, @Onspeed has compiled a good fundamentals thread... I think this is the last update he did:
    https://hotcopper.com.au/posts/31238536/single

    In addition to last quarterly report, also suggest prioritise reading ANN's of 31 Jan, 2 Feb, 19 Feb, 27 Feb and 6 Mar.

    Key notes:
    - Cascavel's Mestre Zone currently considered highest grade w avg returns as of 2 Feb of 31.42 g/t (highest sample was 185g/t)
    - Cascavel's Cuca Zone showing potential to be close second to Mestrea w avg returns as of 7 Feb of 31.7g/t (highest sample was 212 g/t)
    - "Tailings" are thought to contain high grades, with ANN of 31 Jan reporting avg grades of 9.7g/t. Total tailings are estimated between 30,000 and 60,000 tonnes
    - Last ANN advised OGX has commenced drilling at Antena-Xupe deposits 8km south of Cascavel. These open pits are ready for mining and 70kg sample returned 13.97g/t

    Impending ANN's include:
    - 25t/hr Hammer Mill 3. Commissioned about 20 Feb. This was being bedded-in on stockpiled ore from Cascavel on single shifts. Once double shifts commence, they'll commence processing 1,000 tonne tailings bulk sample
    - The second batch of Cuca samples are expected in mid March

    Hope this helps...
 
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