Tag: #OceanaGold

OceanaGold increases Martha resources to 1 million ounces

OceanaGold increases Martha resources to 1 million ounces

Using a cut-off grade of 2.15 g/t gold, OceanaGold (OGC.TO, OGC.AX) has now more than doubled the resources at its Martha underground project, part of its Waihi gold complex in New Zealand. The inferred resource almost doubled to 667,000 ounces gold at an average grade of 4.59 g/t, while the […]

OceanaGold increases its exposure to Nevada

OceanaGold increases its exposure to Nevada

OceanaGold (OGC.TO, ASX:OGC) recently signed a definitive agreement with Renaissance Gold (REN.V) which allows it to acquire a 75% interest in the Spring Peak gold project in Nevada. As per the terms of the agreement, OceanaGold can earn an initial 51% by spending US$4M in exploration over a 5-year period, […]