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Orosur Mining ( (TSE:OMI) ) has issued an update.
Orosur Mining Inc. has successfully completed the first phase of its joint venture at the El Pantano gold exploration project in Santa Cruz, Argentina, securing a 51% stake after a $1 million investment. The completion of this phase marks a strategic milestone, allowing Orosur to potentially increase ownership to 100% by investing an additional $2 million over the next two years, thereby enhancing its position in a region known for world-class gold deposits.
More about Orosur Mining
Orosur Mining Inc. is a minerals explorer and developer operating in Colombia, Argentina, and Nigeria. The company is engaged in the exploration and development of gold and silver projects, with a focus on expanding its presence in key mineral-rich regions.
YTD Price Performance: 110.37%
Average Trading Volume: 3,374,812
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £37.96M
For an in-depth examination of OMI stock, go to TipRanks’ Stock Analysis page.
