We are due for another announcement with Orinoco Gold (OGX)
TRF own 19% of OGX.
Orinoco Gold Bigger is Better for New Player (Resources Stocks) mag early January, is an interesting article with diagram which everyone can Google.
There are very high grades here in the quartz varying from 193 grams a tonne to 937 grams a tone in the Winze. 30grams to an ounce of Gold ;)
We await more news regarding:
Current drilling results for 3000m of drilling commenced in July. More channel and bulk sampling grade results to better understand the size of the deposit and inferred resource of the Winzes. Possible 3D geophysical modelling of targets by Geos.
More electromagnetic surveys from helicopter to identify future anomaly leads of Polymetallic Base metal mineralization targets from the air. Also possible down hole down dip surveys like Rox Resources recently at Camelwood.
The next announcement by OGX-TRF could be truly interesting.
Lots of large news to come IMHO. Exciting Prospect
TRF Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held