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COLOMBIA - Orosur Mining (LON:OMIN) Inc. (TSXV/AIM:OMI), a mining company with operations in Colombia, has announced significant advancements in its exploration activities at the Anzá Project, particularly at the Pepas prospect. The company revealed assay results from five new drill holes, with notable findings including 31.35 meters at 1.61 grams per ton of gold (g/t Au) and 92 meters at 1.68 g/t Au from the surface.
The company also reported that channel sampling at North Pepas has expanded the high-grade anomalous zone, with the best surface sample yielding 27.23 g/t Au. Access to North Pepas has been completed, and drilling is expected to commence shortly. Concurrently, soil sampling is in progress at another prospect within the same exploration title, El Cedro.
Since acquiring the entire Anzá Project, previously under the control of Minera Monte Aguila, a joint venture between Agnico Eagle (NYSE:AEM) Mines and Newmont Mining (NYSE:NEM), Orosur has intensified its exploration efforts. The project, situated in the mid-Cauca belt, is now fully owned by Orosur following a Share Purchase Agreement completed on November 28, 2024.
The recent drilling at Pepas has been concentrated on a central, high-grade core around the initial discovery holes. The strategy is aimed at understanding the mineralization and its geological controls, expanding the anomalous zone, developing access for drilling, and potentially moving a portion of Pepas to resource status, which could aid in the Colombian permitting process.
The latest drill results from Pepas include a range of gold intersections, with some lower grade but still significant findings that suggest the potential for a consistent low-grade halo surrounding a higher-grade core. The company is now preparing to drill at North Pepas following the completion of access negotiations and development.
In addition to Pepas, Orosur’s exploration teams are actively working on the El Cedro prospect, where a large-scale soil sampling program is underway to confirm and extend previous findings. This work is expected to continue into May, with results anticipated in the coming weeks.
Orosur’s CEO, Brad George, expressed optimism about the progress at the Anzá Project, noting the continued definition of Pepas and the opening of new exploration fronts at North Pepas and El Cedro.
This report is based on a press release statement from Orosur Mining Inc.
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