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Orinoco declares maiden resource at Sertao

Brazil-focused Orinoco Gold has reported a maiden mineral resource of 223 111 t, grading 6.9 g/t gold for 49 268 oz of contained gold at its Sertao gold project, located some 28 km from the Cascavel gold mine.

The Sertao project forms part of the broader Faina goldfields project, and was previously mined as a shallow openpit, with historical production of 256 000 oz at an average grade of 24.95 g/t gold.