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An update from Orosur Mining ( (TSE:OMI) ) is now available.
Orosur Mining reported unaudited third-quarter results to February 28, 2026, highlighting progress at its Anza gold project in Colombia, where it completed in-fill drilling at Pepas and declared a maiden resource of 219,000 ounces of gold. The company has started further drilling around Pepas, initiated drilling at APTA, advanced mapping and sampling at El Cedro and a newly identified porphyry, and is flying new airborne geophysics to refine drilling targets.
In Argentina, Orosur finished its first 4,400-metre drilling campaign at the El Pantano project, with results pending and a potential second program later in the year. Financially, the company strengthened its balance sheet, with cash rising to $13.65 million from $4.88 million year-on-year, supported by share, warrant and option exercises, though it posted a nine‑month net loss of $6.59 million driven by higher corporate costs and a loss on warrant fair value, underscoring its status as a cash-funded explorer focused on asset growth rather than current profitability.
More about Orosur Mining
Orosur Mining Inc. is a minerals exploration and development company listed on TSX-V and AIM, with primary operations in Colombia and Argentina. The company focuses on gold and related mineral projects, advancing early-stage exploration assets such as the Anza project in Colombia and the El Pantano project in Argentina to define resources and potential future deposits.
Find detailed analytics on OMI stock on TipRanks’ Stock Analysis page.