Orosur Mining Inc. has announced an update on the progress of exploration activities at the company’s flagship Anzá Project in Colombia.
Highlights:
- Assays from four additional diamond drill holes at Pepas and Pupino.
- Holes PEP005 and PEP007 drilled from the same pad as PEP001 but in different directions.
- Holes PEP005 and PEP007 return substantial gold intersections, with the best at PEP007 being 80.55 m @ 3.05g/t Au from surface (including 41.75 m @ 5.24g/t).
- Two holes are currently underway from new pads to attempt to better define the geometry of this mineralised body.
The Project is the subject of an exploration agreement with venture option with Colombian company Minera Monte Águila (MMA). MMA is itself a 50:50 JV between Newmont Corporation and Agnico Eagle Mines Limited, and is the Colombian vehicle by which these two companies jointly exercise their rights and obligations with respect to the exploration agreement over the project.
MMA is the operator of the project after exercising its right to assume operational control in the 2H21.