VANCOUVER, BC, Aug. 15,
2023 /CNW/ - OceanaGold Corporation (TSX:
OGC) ("OceanaGold" or the "Company") is pleased to
announce year to date results from our ongoing 2023 drill
program at the Didipio Mine in the
Philippines. The 2023 drill program is 45% complete, focused
on resource growth and conversion of Inferred Resources.
Highlights from extensional drill intercepts
include1,2:
- 72.0 m @ 3.40 g/t AuEq (2.44 g/t
Au and 0.69% Cu) (RDUG611) (Didipio Deeps)
- 18.6 m @ 4.24 g/t AuEq (2.56 g/t
Au and 1.20% Cu) (RDUG465) (Eastern Breccia)
- 30.0 m @ 2.08 g/t AuEq (1.16 g/t
Au and 0.66% Cu) (RDUG467) (Eastern Breccia)
- 21.0 m @ 1.65 g/t AuEq (0.90 g/t
Au and 0.54% Cu) (RDUG466) (Eastern Breccia)
Highlights from resource conversion drill intercepts
include1,2.:
- 218.0 m @ 4.55 g/t AuEq (3.39 g/t
Au and 0.83% Cu) (RDUG603) (Northern Monzonite)
- 86.5 m @ 5.35 g/t AuEq (4.22 g/t
Au and 0.81% Cu) (RDUG481) (Balut Dyke)
- 197.0 m @ 2.23 g/t AuEq (1.47 g/t
Au and 0.55% Cu) (RDUG602) (Northern Monzonite)
- 132.0 m @ 2.30 g/t AuEq (1.52 g/t
Au and 0.56% Cu) (RDUG475) (Northern Monzonite)
- 56.1 m @ 3.51 g/t AuEq (2.90 g/t
Au and 0.44% Cu) (RDUG484) (Balut Dyke)
- 62.0 m @ 1.56 g/t AuEq (1.07 g/t
Au and 0.35% Cu) (RDUG492) (Balut Dyke)
- 49.0 m @ 1.83 g/t AuEq (1.38 g/t
Au and 0.33% Cu) (RDUG611) (Didipio Deeps)
- 13.2 m @ 3.01 g/t AuEq (1.65 g/t
Au and 0.98% Cu) (RDUG611) (Didipio Deeps)
Resource conversion drill results are in line with and support
historic drilling within the resource model shell.
Gerard Bond, President & CEO
of OceanaGold said, "Our 2023 drilling program at Didipio has
delivered exceptional results to date, supporting our focus on
creating value through near-mine exploration targeting resource
growth and conversion. Drilling continues to improve confidence
within the Inferred portions of the deposit and supports potential
reserve growth and our target to increase underground mining rates
to at least 2 million tonnes per year, approximately 20% above
current underground mining rates. The drilling has also identified
exciting extensions beyond known mineralization at the Didipio
Deeps, Eastern Breccia and the Balut Dyke, representing significant
upside potential outside of existing resources."
Overview
Since December 2022, 9,172 metres
of resource conversion and extensional drilling in 45 holes has
been completed year to date ("YTD") and the Company is on track to
complete 20,250 metres ("m") in 2023 (Figures 1 and 2). Extensional
drilling has identified new areas of porphyry gold-copper
mineralization 100m below existing
Inferred Resources within the Didipio Deeps target (previously
untested), extensions of the Balut Dyke to the west, and depth
extensions of known mineralization within the Eastern Breccia.
These targets all remain open for extension beyond the existing
resource.
Resource conversion drilling of Inferred Resources, utilising
the same holes as extensional drilling, has also successfully
returned broad intersections of high-grade gold-copper
mineralization within the Balut Dyke, the Monzonite, and the
Syenite. These results are in line with and support historic
drilling within the resource model shell.
Didipio Deeps
2023 drilling YTD has extended gold-copper mineralization down
to a depth of 1860 mRL, which is characterised by
chalcopyrite-bornite veinlets and disseminations and remains open
at depth. Hole RDUG611 is the deepest hole drilled to date,
intersecting several zones of mineralization down hole. The lower
zone of 72m at 3.40 g/t AuEq extends
mineralization approximately 100m
below the current limit of the Inferred Resource shell. Holes
RDUG609, RDUG610 and RDUG611 all intersected wide zones of
mineralization and will support the conversion of Inferred
Resources. Further drilling is underway to better define these
zones (Figure 3).
Balut Dyke
2023 drilling YTD of the Balut Dyke below 2200 mRL has returned
significant results with similar thickness and grade to previous
intercepts extending mineralization along strike to the west
(Figure 4). The geometry of the dyke in the west is not adequately
defined due to acute drill hole intersection angles for RDUG481 and
RDUG484. Definition of the Balut Dyke mineralization and geometry
will continue as further underground platforms become
available.
Monzonite & Syenite
A wide zone of gold-copper mineralization is hosted by the Balut
Dyke, Monzonite and Syenite at the eastern extent of mineralization
where drilling supports the conversion of Inferred Resources
(Figure 5). Mineralization remains open at depth below 2000 mRL,
with the deepest hole (RDUG603) returning the best intercept of
218m @ 4.6 g/t AuEq. Drilling on
a similar section down to 1980 mRL is well advanced with a targeted
completion by the end of Q3 2023.
Eastern Breccia
2023 drilling YTD of the Eastern Breccia was undertaken
immediately below the previously reported intercepts from
December 2022 at 2250 mRL level and
outside existing Mineral Resources. Three drillholes intersected
significant gold-copper mineralization associated with chalcopyrite
and bornite veinlets, and pods of chalcopyrite-bearing quartz
(Figure 6). This target remains open at depth.
Table 1: 2023 Didipio Resource Definition and Extensional
drilling significant intercepts year to date (intervals are core
lengths, not true width). "Definition" drilling includes Conversion
drilling and is within the current resource model shell, while
"Extensional" drilling is outside the current resource model shell.
Definition drill results are in line with and support historic
drilling within the resource model shell.
HoleID
|
From
|
To
|
Interval
|
Au
g/t
|
Cu %
|
AuEq
g/t
|
AuEq
gxm
|
Drilling
Category
|
RDUG465
|
73.0
|
91.6
|
18.6
|
2.56
|
1.20
|
4.24
|
79.30
|
Definition
|
RDUG466
|
70.0
|
91.0
|
21.0
|
0.90
|
0.54
|
1.65
|
34.61
|
Definition
|
RDUG467
|
74.0
|
104.0
|
30.0
|
1.16
|
0.66
|
2.08
|
62.25
|
Extensional
|
RDUG469
|
26.0
|
57.0
|
31.0
|
1.67
|
0.56
|
2.45
|
75.99
|
Definition
|
including
|
26.0
|
30.0
|
4.0
|
3.72
|
1.51
|
5.81
|
23.23
|
Definition
|
including
|
30.0
|
57.0
|
27.0
|
1.37
|
0.42
|
1.95
|
52.76
|
Definition
|
RDUG470
|
38.0
|
55.0
|
17.0
|
1.76
|
0.44
|
2.37
|
40.33
|
Definition
|
including
|
38.0
|
48.0
|
10.0
|
2.37
|
0.59
|
3.19
|
31.85
|
Definition
|
including
|
48.0
|
57.0
|
7.0
|
0.89
|
0.23
|
1.21
|
8.48
|
Definition
|
RDUG471
|
23.0
|
66.0
|
43.0
|
1.26
|
0.53
|
2.00
|
85.88
|
Definition
|
including
|
23.0
|
37.0
|
14.0
|
1.30
|
0.52
|
2.02
|
28.25
|
Definition
|
including
|
37.0
|
58.0
|
21.0
|
1.43
|
0.62
|
2.30
|
48.34
|
Definition
|
including
|
58.0
|
66.0
|
8.0
|
0.73
|
0.31
|
1.16
|
9.29
|
Definition
|
RDUG472
|
31.3
|
116.0
|
84.7
|
1.94
|
0.53
|
2.68
|
226.61
|
Definition
|
RDUG473
|
95.0
|
179.0
|
84.0
|
1.64
|
0.44
|
2.26
|
189.62
|
Definition
|
including
|
95.0
|
103.0
|
8.0
|
3.06
|
0.77
|
4.13
|
33.01
|
Definition
|
including
|
103.0
|
160.0
|
57.0
|
1.79
|
0.43
|
2.38
|
135.80
|
Definition
|
including
|
160.0
|
179.0
|
19.0
|
0.60
|
0.35
|
1.09
|
20.80
|
Definition
|
RDUG474
|
102.0
|
190.0
|
88.0
|
1.50
|
0.59
|
2.31
|
203.50
|
Definition
|
RDUG475
|
69.0
|
201.0
|
132.0
|
1.52
|
0.56
|
2.30
|
302.90
|
Definition
|
RDUG476
|
60.2
|
76.0
|
15.8
|
9.16
|
1.77
|
11.62
|
183.55
|
Definition
|
RDUG479
|
2.0
|
11.0
|
9.0
|
7.95
|
0.23
|
8.27
|
74.42
|
Extensional
|
RDUG480
|
55.0
|
104.0
|
49.0
|
5.87
|
1.14
|
7.45
|
365.26
|
Definition
|
RDUG481
|
59.0
|
145.5
|
86.5
|
4.22
|
0.81
|
5.35
|
462.41
|
Definition
|
and
|
205.8
|
216.0
|
10.2
|
4.07
|
1.35
|
5.94
|
60.61
|
Extensional
|
RDUG482
|
77.0
|
147.0
|
70.0
|
3.78
|
1.02
|
5.19
|
363.46
|
Definition
|
and
|
166.0
|
189.0
|
23.0
|
1.33
|
0.49
|
2.00
|
46.08
|
Definition
|
RDUG483
|
48.6
|
96.0
|
47.4
|
1.96
|
0.44
|
2.56
|
121.47
|
Definition
|
including
|
48.6
|
60.0
|
11.4
|
4.75
|
0.97
|
6.10
|
69.56
|
Definition
|
including
|
60.0
|
96.0
|
36.0
|
1.07
|
0.27
|
1.44
|
51.92
|
Definition
|
RDUG484
|
54.0
|
110.1
|
56.1
|
2.90
|
0.44
|
3.51
|
196.97
|
Definition
|
RDUG486
|
51.8
|
74.0
|
22.2
|
3.22
|
0.56
|
4.00
|
88.70
|
Definition
|
including
|
51.8
|
58.0
|
6.2
|
1.19
|
0.35
|
1.67
|
10.36
|
Definition
|
including
|
58.0
|
74.0
|
16.0
|
4.00
|
0.64
|
4.90
|
78.34
|
Definition
|
RDUG487
|
48.2
|
64.9
|
16.7
|
2.41
|
0.59
|
3.23
|
54.00
|
Definition
|
including
|
48.2
|
53.0
|
4.8
|
1.73
|
0.51
|
2.43
|
11.69
|
Definition
|
including
|
53.0
|
64.9
|
11.9
|
2.69
|
0.62
|
3.56
|
42.31
|
Definition
|
RDUG488
|
69.0
|
87.0
|
18.0
|
2.20
|
0.31
|
2.63
|
47.37
|
Definition
|
RDUG490
|
29.0
|
61.7
|
32.7
|
1.49
|
0.44
|
2.10
|
68.71
|
Definition
|
including
|
29.0
|
53.0
|
24.0
|
1.74
|
0.56
|
2.51
|
60.20
|
Definition
|
including
|
53.0
|
61.7
|
8.7
|
0.79
|
0.13
|
0.98
|
8.51
|
Definition
|
RDUG491
|
34.0
|
63.0
|
29.0
|
1.37
|
0.49
|
2.06
|
59.72
|
Definition
|
and
|
206.6
|
224.0
|
17.4
|
3.87
|
0.50
|
4.09
|
71.13
|
Extensional
|
RDUG492
|
38.0
|
100.0
|
62.0
|
1.07
|
0.35
|
1.56
|
96.51
|
Definition
|
and
|
223.0
|
234.5
|
11.5
|
1.71
|
0.35
|
2.20
|
25.27
|
Extensional
|
RDUG493
|
31.7
|
61.0
|
29.3
|
2.19
|
0.72
|
3.19
|
93.47
|
Definition
|
and
|
202.0
|
209.9
|
7.9
|
2.48
|
0.49
|
3.17
|
25.03
|
Definition
|
RDUG494
|
27.0
|
65.0
|
38.0
|
1.28
|
0.56
|
2.05
|
77.92
|
Definition
|
including
|
27.0
|
51.0
|
24.0
|
1.60
|
0.78
|
2.69
|
64.48
|
Definition
|
including
|
51.0
|
65.0
|
14.0
|
0.71
|
0.18
|
0.96
|
13.45
|
Definition
|
RDUG494
|
127.4
|
175.0
|
47.6
|
1.81
|
0.67
|
2.74
|
130.39
|
Definition
|
including
|
127.4
|
152.0
|
24.6
|
3.13
|
1.05
|
4.59
|
112.86
|
Definition
|
including
|
152.0
|
175.0
|
23.0
|
0.40
|
0.26
|
0.76
|
17.53
|
Definition
|
RDUG495
|
31.0
|
65.0
|
34.0
|
1.43
|
0.55
|
2.19
|
74.50
|
Definition
|
including
|
31.0
|
58.0
|
27.0
|
1.17
|
0.50
|
1.87
|
50.39
|
Definition
|
including
|
58.0
|
65.0
|
7.0
|
2.43
|
0.73
|
3.44
|
24.11
|
Definition
|
RDUG495
|
148.0
|
177.0
|
29.0
|
1.37
|
0.55
|
2.14
|
61.99
|
Definition
|
RDUG496
|
37.1
|
81.0
|
43.9
|
1.73
|
0.53
|
2.46
|
108.01
|
Definition
|
RDUG497
|
30.0
|
86.0
|
56.0
|
1.98
|
0.37
|
2.43
|
136.31
|
Definition
|
including
|
30.0
|
45.0
|
15.0
|
1.86
|
0.61
|
2.71
|
40.58
|
Definition
|
including
|
45.0
|
86.0
|
41.0
|
2.02
|
0.28
|
2.42
|
99.08
|
Definition
|
RDUG497
|
120.0
|
132.0
|
12.0
|
4.40
|
0.76
|
5.46
|
65.49
|
Definition
|
RDUG600
|
27.0
|
142.0
|
115.0
|
1.42
|
0.40
|
1.98
|
227.55
|
Definition
|
including
|
27.0
|
47.0
|
20.0
|
1.28
|
0.63
|
2.15
|
43.07
|
Definition
|
including
|
47.0
|
57.0
|
10.0
|
0.87
|
0.39
|
1.40
|
14.03
|
Definition
|
including
|
57.0
|
93.0
|
36.0
|
1.66
|
0.40
|
2.22
|
79.90
|
Definition
|
including
|
93.0
|
113.0
|
20.0
|
1.83
|
0.26
|
2.20
|
44.01
|
Definition
|
including
|
113.0
|
123.0
|
10.0
|
1.32
|
0.32
|
1.76
|
17.58
|
Definition
|
including
|
123.0
|
142.0
|
19.0
|
1.01
|
0.37
|
1.52
|
28.97
|
Definition
|
RDUG601
|
45.0
|
167.0
|
122.0
|
1.21
|
0.44
|
1.82
|
219.82
|
Definition
|
RDUG602
|
45.0
|
242.0
|
197.0
|
1.47
|
0.55
|
2.23
|
440.15
|
Definition
|
RDUG603
|
60.0
|
278.0
|
218.0
|
3.39
|
0.83
|
4.55
|
991.82
|
Definition
|
RDUG604
|
32.0
|
74.0
|
42.0
|
1.66
|
0.54
|
2.40
|
100.78
|
Definition
|
including
|
32.0
|
47.0
|
15.0
|
1.41
|
0.77
|
2.47
|
37.07
|
Definition
|
including
|
47.0
|
74.0
|
27.0
|
1.79
|
0.41
|
2.36
|
63.71
|
Definition
|
RDUG605
|
35.0
|
67.0
|
32.0
|
1.65
|
0.42
|
2.24
|
71.79
|
Definition
|
including
|
35.0
|
57.0
|
22.0
|
1.45
|
0.48
|
2.11
|
46.38
|
Definition
|
including
|
57.0
|
67.0
|
10.0
|
2.11
|
0.31
|
2.54
|
25.41
|
Definition
|
RDUG606
|
47.0
|
65.0
|
18.0
|
1.49
|
0.33
|
1.95
|
35.16
|
Definition
|
including
|
47.0
|
60.0
|
13.0
|
1.48
|
0.34
|
1.95
|
25.36
|
Definition
|
including
|
60.0
|
65.0
|
5.0
|
1.53
|
0.31
|
1.96
|
9.80
|
Definition
|
and
|
93.0
|
117.0
|
24.0
|
1.82
|
0.10
|
1.96
|
47.00
|
Definition
|
including
|
93.0
|
104.0
|
11.0
|
3.45
|
0.09
|
3.57
|
39.27
|
Definition
|
including
|
104.0
|
117.0
|
13.0
|
0.45
|
0.10
|
0.60
|
7.74
|
Extensional
|
RDUG607
|
40.0
|
57.0
|
17.0
|
2.27
|
0.78
|
3.35
|
56.90
|
Definition
|
and
|
93.0
|
95.0
|
2.0
|
120.90
|
5.69
|
128.81
|
257.61
|
Definition
|
and
|
157.0
|
179.0
|
22.0
|
1.10
|
0.58
|
1.90
|
41.79
|
Definition
|
including
|
157.0
|
168.0
|
11.0
|
1.11
|
0.45
|
1.73
|
19.04
|
Definition
|
including
|
168.0
|
179.0
|
11.0
|
1.09
|
0.70
|
2.07
|
22.75
|
Extensional
|
RDUG608
|
50.0
|
83.0
|
33.0
|
1.51
|
0.48
|
2.18
|
71.96
|
Definition
|
RDUG608
|
196.3
|
233.0
|
36.7
|
1.50
|
0.72
|
2.50
|
91.88
|
Definition
|
including
|
196.3
|
205.0
|
8.7
|
1.10
|
0.58
|
1.91
|
16.63
|
Definition
|
including
|
205.0
|
233.0
|
28.0
|
1.63
|
0.76
|
2.69
|
75.25
|
Extensional
|
RDUG609
|
54.0
|
156.0
|
102.0
|
1.44
|
0.97
|
2.79
|
284.58
|
Definition
|
including
|
54.0
|
64.0
|
10.0
|
0.85
|
0.43
|
1.45
|
14.45
|
Definition
|
including
|
64.0
|
123.0
|
59.0
|
1.68
|
1.35
|
3.55
|
209.71
|
Definition
|
including
|
123.0
|
156.0
|
33.0
|
1.19
|
0.46
|
1.83
|
60.42
|
Definition
|
RDUG610
|
22.0
|
37.0
|
15.0
|
4.33
|
0.90
|
5.58
|
83.69
|
Definition
|
RDUG610
|
98.0
|
171.0
|
73.0
|
1.58
|
0.62
|
2.45
|
178.47
|
Definition
|
RDUG611
|
48.0
|
61.2
|
13.2
|
1.65
|
0.98
|
3.01
|
39.74
|
Definition
|
RDUG611
|
144.0
|
193.0
|
49.0
|
1.38
|
0.33
|
1.83
|
89.79
|
Definition
|
RDUG611
|
273.0
|
345.0
|
72.0
|
2.44
|
0.69
|
3.40
|
244.56
|
Extensional
|
For further information relating to drill hole data for Didipio
please refer to the Company's website
at https://oceanagold.com/investor-centre/tsx-asx-filings.
www.oceanagold.com | Twitter: @OceanaGold
About OceanaGold
OceanaGold is a growing intermediate gold and copper producer
committed to safely and responsibly maximizing the generation of
Free Cash Flow from our operations and delivering strong returns
for our shareholders. We have 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.
Qualified Person
Statement
The exploration results in this press release were prepared in
accordance with National Instrument 43-101 – Standards of
Disclosure for Mineral Projects of the Canadian Securities
Administrators ("NI 43-101").
Information relating to the Didipio exploration results in this
document has been verified and is based on and fairly represents
information compiled by or prepared under the supervision of Craig
Feebrey, a Member of the Australasian Institute of Mining and
Metallurgy and an employee of OceanaGold. Mr Feebrey has sufficient
experience that is relevant to the style of mineralisation and type
of deposit under consideration and to the activity being undertaken
to qualify as Qualified Persons for the purposes of the NI 43-101.
Mr Feebrey consents to the inclusion in this public report of the
matters based on their information in the form and context in which
it appears.
QA/QC at Didipio Mine
Exploration diamond core samples at the Didipio mine are
typically drilled with HQ core barrel equipment. The HQ
samples are then cut, with half of the core retained at the secure
core shed facility on site to which access is controlled. In
cases where OceanaGold has collected metallurgical samples, a
further quarter of the core has been taken with only one-quarter
core retained. Following core cutting the half-core sample is
submitted for analysis.
Since 2013, all OceanaGold samples have been processed on-site
at a laboratory facility operated by SGS Philippines Inc (SGS).
After dispatching to SGS, samples are dried at 105 degrees C for 8
to 12 hours, allowed to cool, and then weighed. Within the sample
assay workflow, the SGS lab randomly inserts laboratory duplicate
and replicate samples as well as certified reference materials for
quality control (QC) monitoring. Samples are crushed to
produce 500 to 1000g of material for the primary analysis and any
lab duplicates. The remaining coarse reject material is
retained during the assay process. The sample (and any lab
duplicates) are then pulverized to 75% passing 2mm, followed by a
subsequent pulverizing to 85% passing 75um. The primary
sample is then split down to 200g (with an additional 200g for
replicate sampling when applicable). A scoop of 30g is then
taken from the 200g sample with the remaining pulp retained.
Gold analysis is by Fire Assay with AAS finish. Copper analysis
is either by AAS on a 3-acid digest or XRF. These methods are
considered appropriate for the type of mineralisation and expected
grade tenor. The quantity and quality of the lithological,
geotechnical, and geochemical data collected in the exploration,
surface resource delineation, underground resource delineation, and
grade control drill programs are considered sufficient to support
the Mineral Resource and Ore Reserve estimation.
In addition to the internal SGS QC controls, OceanaGold also
monitors laboratory performance with the following processes:
- Inserting duplicate samples;
- Inserting CRM blanks and coarse blanks;
- Inserting CRM standards for Au, Cu, Ag; and,
- Monthly monitoring of SGS duplicate, replicate, and CRM
performance.
OceanaGold staff continue to work with SGS laboratory staff to
improve analytical performance. SGS is currently accredited
with ISO 9001, 14001, and 45001. SGS ISO 17025 accreditation was
maintained through 2019 when the site entered operational standby
during the FTAA permit renewal process. With the resumption
of mining activities in 2021, the SGS lab are working through
accreditation renewal requirements with the Philippines government and expect this to
be reapplied in mid-2023. Quality Control monitoring by OceanaGold
and SGS was undertaken for all the results included in this summary
with no issues having been noted.
Technical Reports
For further information, please refer to the following NI 43-101
technical report:
(a)
|
"NI 43-101 Technical
Report Didipio Gold/Copper Operations Luzon Island, Philippines"
dated March 31, 2022, prepared by OceanaGold
Corporation.
|
The above document has been filed with the Canadian securities
regulatory authorities and is available for review electronically
from the Canadian System for Electronic Document Analysis and
Retrieval (SEDAR) at www.sedar.com under the Company's profile.
Cautionary Statement for Public
Release
Certain information contained in this public release may be
deemed "forward-looking" within the meaning of applicable
securities laws. Forward-looking statements and information relate
to future performance and reflect the Company's expectations
regarding the generation of free cash flow, execution of business
strategy, future growth, future production, estimated costs,
results of operations, business prospects and opportunities of
OceanaGold Corporation and its related subsidiaries. Any statements
that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions
or future events or performance (often, but not always, using words
or phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans", "estimates" or
"intends", or stating that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved) are not statements of historical fact and may be
forward-looking statements. Forward-looking statements are subject
to a variety of risks and uncertainties which could cause actual
events or results to differ materially from those expressed in the
forward-looking statements and information. They include, among
others, the accuracy of mineral reserve and resource estimates and
related assumptions, inherent operating risks and those risk
factors identified in the Company's most recent Annual Information
Form prepared and filed with securities regulators which is
available on SEDAR at www.sedar.com under the Company's name. There
are no assurances the Company can fulfil forward-looking statements
and information. Such forward-looking statements and information
are only predictions based on current information available to
management as of the date that such predictions are made; actual
events or results may differ materially as a result of risks facing
the Company, some of which are beyond the Company's control.
Although the Company believes that any forward-looking statements
and information contained in this press release is based on
reasonable assumptions, readers cannot be assured that actual
outcomes or results will be consistent with such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements and information. The Company expressly
disclaims any intention or obligation to update or revise any
forward-looking statements and information, whether as a result of
new information, events or otherwise, except as required by
applicable securities laws. The information contained in this
release is not investment or financial product advice.
___________________________________
|
1 AuEq is
calculated as Au g/t + 1.39 x Cu %
|
2 Drill
results are presented as core lengths (not true widths)
|
SOURCE OceanaGold Corporation