Orosur Mining Inc. announces the unaudited results for the fiscal first quarter ended August 31, 2018 . All dollar figures are stated in US$ unless otherwise noted. Highlights Operational In August 2018, the Company placed its San Gregorio operations in Uruguay under care and maintenance. The reorganization process of Orosur’s Uruguayan operating subsidiary, Loryser S.A., has been ongoing since June 2018. Under the [...]
Orosur Mining Inc. today announces that it has received notice from Jorge Aceituno, Chief Operating Officer and Executive Director of the Company of his resignation from the Board and executive positions with the Company, with immediate effect, in order to accept a position closer to his family in Chile. Given the Company’s renewed focus and recently announced Strategic agreement with Newmont Mining Corp. on its [...]
Orosur Mining Inc. today announces that it has completed a non-brokered private placement of US$2,000,000 with Newmont Mining Corporation and an exploration agreement with venture option with Newmont Colombia S.A.S., a wholly-owned subsidiary of Newmont , for the Anzá exploration property in Colombia. ANZÁ PROJECT The Anzá Project is located in Antioquia, Colombia, and comprises total land holdings of [...]
Orosur Mining Inc. announces the results for the fiscal year ended May 31, 2018 . All dollar figures are stated in US$ unless otherwise noted. FY18 Highlights Operational FY18 production of 27,586 oz of gold, in line with the updated guidance , . The grade mined and processed at San Gregorio was lower than anticipated, leading to higher costs and reduced gold production. 875,440 tonnes of ore were processed at a grade of [...]
Orosur Mining Inc. is delighted to announce that it continues to advance discussions to finance the next stage of exploration at the Anzá project in Colombia. In connection with these discussions, a sophisticated international mining company has agreed to advance US$250,000 to subscribe for 3,603,077* common shares of Orosur at a price of CAD$0.091 per share . The share price represents a 102% premium to the [...]
Orosur Mining Inc. , a South American-focused gold producer, developer and explorer is delighted to announce the appointment of Bob Schafer, 64, as Non-Executive Director of the Company with immediate effect and the retiring of Roger Davey as Non-Executive Director of the Company with immediate effect. Mr. Schafer has nearly 40 years of experience in the mineral industry, working in the international sector with both [...]
Loryser S.A. , the operating subsidiary of Orosur Mining Inc. , a South American-focused gold producer, developer and explorer announces that it has applied to commence reorganisation proceedings under Uruguayan legislation . The San Gregorio mine and processing complex has been in operation since 1997 and has produced approximately 1.5Moz of gold during this time. Since late 2017, Orosur has been hindered by operational [...]
Orosur Mining Inc. , a South American-focused gold producer, developer and explorer is pleased to announce the final results from the recently completed gold exploration campaign at its high grade Anzá project in Colombia. Having confirmed consistent gold mineralisation in the APTA portion of the Anzá project in the first 18 holes of the exploration campaign, the final 5 holes of the drill programme were [...]
Orosur Mining Inc. , a South American-focused gold producer, developer and explorer announces its decision to terminate the option agreement on its Anillo gold exploration project with Nacional del Cobre de Chile , Chile’s national mining company, located close to Antofagasta, in Region II, Chile and focus its resources on its core properties in Colombia and Uruguay. The Anillo project was originally optioned from [...]
Orosur Mining Inc. , a South American-focused gold producer, developer and explorer announces its unaudited results for its third quarter ended February 28, 2018 . All dollar figures are stated in US$’000 unless otherwise noted. HIGHLIGHTS In Colombia, high grade drilling continued at APTA during the Quarter with results from the current diamond drilling campaign including 4.89 g/t Au over 13.9m, 4.86 g/t Au over [...]
Orosur Mining the South America-focused gold producer, developer and explorer is pleased to report new results from the ongoing step-out drill program at its 100% owned high grade Anzá project in Colombia. These are the last drill holes from the APTA target in this exploration campaign, with a further five drill holes planned and currently underway at Charrascala, a highly prospective and untested target within the [...]
Orosur Mining Inc. the South America-focused gold producer, developer and explorer is pleased to report new results from the ongoing step-out drill program at its 100% owned high grade APTA deposit; one of five identified target areas in the Anzá project in Colombia . Notable results to date from 17 intercepts in 7 drill holes focused on expansion drilling at the APTA deposit are highlighted below and include [...]