Orinoco Gold Ltd is one step closer to reaching its goal of becoming a near-term gold producer in Latin America following the acquisition of a new project in Brazil. The company purchased Sertao Mineragao Ltda, the entity that owns the Sertao and An-tena mining leases, previously 70% owned by Western Australia's Troy Resources Ltd and Brazil's Amazonia Mineragao Ltd. The leases purchased are located just 5km and 28km from Orinoco's high-grade Cascav-el gold project and will form a key part of the company's broader 70%-owned Faina Gold-fields project.
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