Orosur Mining ( (TSE:OMI) ) has provided an update.
Orosur Mining Inc. has announced significant progress in its exploration activities at the Anzá Project in Colombia, particularly at the Pepas prospect. Recent drilling results have revealed substantial sequences of gold mineralization, indicating potential for rapid development into an economic resource. The company is also conducting a drone aeromagnetic survey to enhance geological understanding and planning further exploration activities. These developments position Orosur as a major landholder in the mid-Cauca gold belt, potentially impacting its industry standing and offering promising implications for stakeholders.
More about Orosur Mining
Orosur Mining Inc. operates in the mining industry, focusing on exploration and development of gold resources. The company’s primary project is the Anzá Project in Colombia, located in the mid-Cauca belt, a significant gold-producing region. Orosur Mining recently gained full ownership of the Anzá Project after acquiring shares from its previous joint venture partner, Minera Monte Aguila.
YTD Price Performance: 57.78%
Average Trading Volume: 2,558,758
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £29.24M
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