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Brazil conglomerate gold on Orinoco's radar

The conglomerate gold exploration play in the Pilbara region of Western Australia has sparked Brazil junior Orinoco Gold (ASX: OGX) to take a look at its ground and highlight the potential of its Eliseo project in the Faina goldfield.

Staff reporter

Exploration / Development > Discovery

Brazil conglomerate gold on Orinoco's radar

The conglomerate gold exploration play in the Pilbara region of Western Australia has sparked Brazil junior Orinoco Gold (ASX: OGX) to take a look at its ground and highlight the potential of its Eliseo project in the Faina goldfield.

Staff reporter

Brazil conglomerate gold on Orinoco's radar

Orinico Gold is moving to revive gold operations at Cascavel in Brazil

Orinoco said gold associated with regional conglomerates and widespread surface anomalies occurred at Eliseo, with a recent field review confirming the potential over a total strike extent of around 16km. Surface rock chips in the area have reportedly returned grades of up to 22 grams per tonne, while historical drilling at a prospect immediately north returned better hits of 33m at 4.22gpt gold and 28m at 3.96gpt gold.