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OceanaGold Corp T.OGC

Alternate Symbol(s):  OCANF

OceanaGold Corporation is an intermediate gold and copper producer. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The gold, copper, and silver it produces are essential to the renewable energy and transport sectors, life-saving medical devices and technology which connects communities around the world. The Didipio gold and copper mine is in Luzon, Philippines. It produces gold and silver as dore bars and copper in concentrate. The Macraes Operation on the South Island of New Zealand is an active gold producing mine. The operation includes a large-scale surface mine, an underground mine, and an adjacent process plant inclusive of an autoclave for pressure oxidation of the ore. Its Waihi Operation in the North Island of New Zealand is an underground operation. The Haile Gold Mine, located in Kershaw, South Carolina, is a gold mine on the East Coast.


TSX:OGC - Post by User

Bullboard Posts
Comment by DirkStHouseon Feb 24, 2020 9:19am
57 Views
Post# 30725177

RE:Resource Update

RE:Resource Update
It is a big increase, just checked vs the 2019 denver gold presentation. ( sept )
It had gold indicated 234000 oz and infered 401000 oz

now we have :

Highlights

  • Indicated Resources increase 80% to 1.0 million tonnes grading 13.4 g/t gold for 421,000 ounces and 25.5 g/t silver for 803,000 ounces on the East Graben vein.
  • Inferred Resources increase 79% to 1.9 million tonnes grading 12 g/t gold for 717,000 ounces and 20 g/t silver for 1,230,000 ounces from the East Graben zone and T-Stream vein.

I bought some more on friday. ( rotating out of usa.to due to mexico problems )
I think its time to buy more.
Bullboard Posts