OVL 0.00% 0.7¢ oro verde limited

Ann: Permits approved - Commencement of Drilling Imminent, page-4

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  1. 974 Posts.
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    I'd say at this stage it looks very encouraging, and more importantly, Newcrest seems to like it enough to at least fund the initial small drilling campaign. What the likelihood is of having all these indicators at surface and then not finding a deposit underneath, I don't know. I'd think all the anomalous gold in soil has to come from somewhere.

    I've noted that both a recent news article on Oro Verde's website (from "The Pick") and OVL's recent Vancouver presentation point out similarities between Rebeca and known epithermal gold deposits (and mines!!!) such as Gosowong and Cracow, the news article also mentions Pajingo. Of course it's a quantum leap between an undrilled prospect and a proven deposit.
 
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