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The latest announcement is out from Orosur Mining ( (TSE:OMI) ).
Orosur Mining has reported a maiden mineral resource estimate for the Pepas gold deposit at its Anzá Project in Colombia, marking a significant step in defining the project’s scale. The estimate, prepared by Bara Consulting under Canadian NI 43-101 standards, outlines an Indicated resource of 1.14 million tonnes at 5.46 grams per tonne gold for 201,000 ounces, plus an Inferred resource of 0.19 million tonnes at 2.99 grams per tonne for 18,000 ounces, all within a shallow open-pit shell.
The mineralisation at Pepas begins at surface and extends to around 100 metres depth, with the resource constrained by a conceptual pit based on a gold price of $3,000 per ounce and a 0.92 grams per tonne cut-off grade. Management said the result validates its strategy to concentrate drilling on Pepas and confirmed plans to move quickly into economic studies and permitting, while ramping up exploration on other prospects within the broader Anzá licence area, potentially strengthening the company’s growth pipeline in Colombia’s established gold belt.
More about Orosur Mining
Orosur Mining Inc. is a Toronto Venture Exchange- and AIM-listed gold exploration and development company focused on Colombia’s Mid-Cauca gold belt. The company holds 100% of the Anzá Project, covering about 330 square kilometres in Antioquia state, through its wholly owned Colombian subsidiaries Minera Anzá and Minera Monte Aguila.
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