OVL 0.00% 0.7¢ oro verde limited

OVL TOPACIO GOLD PROJECT BACKGROUND On February 27, 2015 , Oro...

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    OVL
    TOPACIO GOLD PROJECT BACKGROUND
    On February 27, 2015 , Oro Verde announced the completion of a positive due diligence and acceptance of an Option to Purchase Agreement (“the Option”over the high grade Topacio Gold Project in southeastern Nicaragua (Figures 2 & 3, following).

    The project hosts a historical NI 43-101 (Canadian standard, similar to JORC) compliant Inferred Resource of 2,716,176 tonnes at 3.9 g/t gold, containing 340,345 ounces of gold, at a 1.5 g/t gold cutoff 2 & 3

    Took over the project from Newcrest, Oro Verde resumed total control of exploration of the Topacio Project during the September Quarter, 2017.
 
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