Oro Verde Limited announced that planning is advanced for initial drilling of priority targets at the Rebeca-Sahino Zone at the Topacio Gold Project, located in southeastern Nicaragua. The fertile Rebeca-Sahino Zone has been identified, on the basis of strong epithermal vein textures and coincident geophysical and geochemical anomalies, as a high priority target area with the potential to host a multi-million ounce gold resource. The first phase of drilling will focus on a number of key locations along the Rebeca vein, which has an interpreted strike length of at least 3 kilometres. The initial program will incorporate approximately 1,650 metres of diamond core drilling within seven drill holes and is expected to commence in the first quarter of 2017. Targets will include epithermal veins in the northwestern section of the Rebeca vein, as well as areas where the veins are covered by the Sahino silica-clay cap further to the southeast. Encouraging gold-thallium- arsenic-antimony-tungsten geochemistry is consistent with the view that a gold-bearing system may be concealed beneath the cap. The drilling will focus on a vein that cuts through the Rebeca-Sahino Zone, which incorporates a number of exposed veins as well as an extensive silica cap zone, masking the underlying geology. Historically, three veins named Isabella, Rebeca and Jose Hernandez were mapped, however recent work has indicated that the three veins are likely to be connected along strike, resulting in a continuous strike length of approximately 3 kilometres, trending NW-SE . This vein will now be referred to as the Rebeca Vein. The seven proposed drill holes are located astride the Rebeca Vein over a 2.5 kilometre strike length and are angled to intersect the interpreted epithermal vein system at depth below the surface expression of the vein and also below the silica cap.