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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