Orinoco Gold Limited (ASX:OGX) has isolated 4 new high grade gold samples that demonstrate the continued potential of its Cascavel mine in Latin America.
The results are part of the gold miner’s ‘Back to Basics’ approach, which has already isolated another 11 samples with an average grade of 38.9 g/t.
The gold miner has indicated it will initiate an aggressive ramp-up in production in the Q1 of 2018.
A study is also now underway to open up the neighboring Cuca zone.
Shares in Orinoco Gold Limited (ASX:OGX) last traded at $0.02.