Orinoco has produced the first gold from its 70%-owned Cascavel mine in central Brazil.

The company said that this was a trial gold pour using some of the concentrate produced at the time of ongoing plant commissioning phase, derived from low-grade development material.

The trial has been designed to commission the gold furnace and test fluxing requirements for smelting.

Orinoco’s Cascavel gravity processing plant, which is currently running on a 24-hour basis, is continuing to process stockpiles of low-grade development material.

"It marks the beginning our transition to commercial gold miner."

High-grade parcels of ore from production stopes are expected be processed over the next few weeks and assayed as Orinoco commences its production ramp-up.

Orinoco managing director Mark Papendieck said the first gold pour marked a milestone for the company and its shareholders.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Papendieck said: “It marks the beginning our transition to commercial gold miner and vindicates the faith and commitment which our shareholders, investors, financiers and supporters have placed in the Company over a number of years.

“The start of production and cash-flow marks a huge milestone for Orinoco and I would like to take this opportunity to thank everyone who has assisted us to get to this point.”

The Cascavel gold mine lies within Orinoco’s 70%-owned Faina Goldfields project in the State of Goiás and is currently operating with a gravity-only processing circuit.

Orinoco’s current focus at Cascavel is on expanding production of the existing mine and continuing to prove the extensions to the Cascaevl mineralisation.

Mining Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Mining Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now