Orinoco Gold hits a 45g/t average at Brazilian operation

Cascavel mine.

Orinoco has cited the benefits of its back-to-basics approach to milling at its Cascavel gold mine in Brazil, returning six samples from its pilot hammer mill with an average grade of 36.68 grams per tonne (g/t) of gold.

The mine, a flagship of Orinoco’s Faina Goldfields project, started initial trials in August 2016, and comprises of three main zones, Mestre, Centra and Northern.

Orinoco’s latest return of samples pushes the company’s overall average to 45.19g/t of gold, from a total of 21 samples. The company was naturally elated at this development.

“This ‘back to basics’ approach is proving an important step in showing Cascavel’s true potential as one of the higher grading gold mines in Latin America,” said Orinoco chief operating officer Richard Crew. “I look forward to taking Cascavel forward and putting the past behind us.”

“The positive results currently being attained are attributed to the hard work and forward thinking of our new management, highly experienced geological and planning teams, miners and the support of our loyal shareholders.”

In 2016, mining at the project’s Northern zone ceased following disappointing results but has recently recommenced.

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