Prefer to substantiate my post with a direct link from OGX website today - to clarify my post being fact...
''Under the terms of the JV agreement, AngloGold may earn up to a 70% interest in the Faina Project, excluding Cascavel, by spending up to US$9.5 million on exploration over three years.
In addition, AngloGold has the right to negotiate an agreement to earn up to a 50% interest in Cascavel.''