IM 2016 September 2016 | Page 20

OPERATION FOCUS- CASCAVEL_proof 23/08/2016 09:31 Page 2 OPERATION FOCUS the nearby Mestre winze (90 m south) recorded grades of 27 g/t Au (2.8 t) and 39 g/t Au (500 kg) respectively. While the coarse nature of the gold offers many advantages in terms of low-cost processing and recovery, it does make the task of resource estimation within the JORC code incredibly difficult. This is due to the very coarse nature of the gold (80% > 100 μm) and the small volume of sample that can be collected through diamond drilling (approximately 8 kg/m HQ core). Drilling provides a highly effective measure of the geological continuity of the Cascavel system but is not particularly useful for grade estimation in such high-grade, coarse gold systems. As a result, Orinoco has not quoted a JORC Mineral Resource or production target for Cascavel. However, it has undertaken a significant amount of work at Cascavel since 2012, including over 8,000 m of diamond drilling to delineate the gold-bearing structures. This has been coupled with extensive underground development, bulk sampling and specific vein and alteration sampling to provide an understanding of the distribution of gold grades within this extensive mineralised system. Based on the nuggetty nature of the gold mineralisation at Cascavel, the company decided that the commencement of low-cost mining is the most effective way to take the project forward. In a recent broker report from Breakaway Research, Research Analysts Grant Craighead and Mark Gordon noted that “development work Vi Mine Ventilation Services sit Bo us a ot t M h #1 INE 76 xp 0 o Through our recent merger with Mine Ventilation Services Inc., we now offer the design, planning, and control of environments in underground operations. Our experts use ventilation, climatic, and fire models to design systems for controlling dust, gas, diesel particulates, and heat. Let’s discuss your mine ventilation challenges. Email us at [email protected] Mine Ventilation Services – a new business unit of >1,400 professionals • >45 offices • >20 countries • 6 continents 18 International Mining | SEPTEMBER 2016 has confirmed the geometry, continuity and grade of the mineralisation, with the expected diluted production grade of ~20 g/t Au supported by some very high grades in the development sampling.” Orinoco currently holds a Guia de Utilização (GU) for Cascavel, which allows the removal of 50,000 t of material from underground. The GU can be continuously renewed until such time as Cascavel is converted to a full mining lease, which is expected to be completed in 2017. The initial mine plan will encompass only a small portion of the Cascavel and Mestre areas, where limited historical mining and the company’s exploration decline have opened up access to high-grade shoots. This area has been tested by diamond drilling, which enables accurate location of the vein system and also contains the old Cascavel exploration decline. The main incline access is 3.5 m wide by 3 m high, equipped for rail-bound ore haulage. The skip and rail system delivers ore to surface which is then truck-hauled about 300 m to the plant. The system was locally designed by the Orinoco engineering team, and manufactured by a local company (Grupo Irmãos Haase). The rail line does not extend beyond the foot of the decline, with ore loaded in the stopes and trammed to the decline and dumped in the skip using Mustang 2054 skid steer loaders. The standard load capacity of the Mustang 2054 is 750 kg. It is powered by a Yanmar Interim Tier IV diesel engine. With radial-lift arm design, it offers a lift height of 2.95 m. This unit has a fast tramming speed up to 11 km/h. There is also