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Alliance News

Orosur Mining Identifies Five Targets At Anza Gold Project In Colombia

Fri, 11th Jan 2019 14:44

LONDON (Alliance News) - Orosur Mining Inc said Thursday a technical report filed on its Anza gold exploration project in Colombia highlighted its location in the "most important" gold mining district in the country.

Orosur said tests and surveys carried out have identified five initial targets in the property, located 50 kilometres west of Medillin, in north west Colombia.

Metallurgical work carried out in 2016 showed average gold recoveries ranging from 95.9% to 96.1%. Drilling confirmed gold and sulphide mineralization associated with a structurally controlled hydrothermal system.

Orosur completed 18 diamond drill holes in late 2017, totalling 6,314 metres at the APTA target, "improving and validating the geological model".

Shares in Orosur Mining were down 10% on Friday at 5.24 pence each.

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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