Technology Minerals, Canada Nickel & Goldplat presented at London South East's May live webinar. Catch up here.

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TechMin, the battery metals recycler/explorer, gave an operational update to London South East
TechMin, the battery metals recycler/explorer, gave an operational update to London South EastView Video
Canada Nickel, the Canadian nickel explorer, presented at London South East May webinar
Canada Nickel, the Canadian nickel explorer, presented at London South East May webinarView Video

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Pin to quick picksOrosur Mining Media (OMI)

Share Price Information for Orosur Mining (OMI)

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Share Price: 9.50
Bid: 9.00
Ask: 10.00
Change: -0.10 (-1.04%)
Spread: 1.00 (11.11%)
Open: 9.50
High: 9.50
Low: 9.00
Prev. Close: 9.50
OMI Live PriceLast checked at -

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Orosur CEO Brad George looks forward to life as an AIM explorer with a major gold project secured

Brad George, CEO at Orosur Mining (OMI), the South American gold and tin explorer/developer is in London. London South East took the opportunity to catch up with him for an in-depth conversation updating investors on all aspects of the business.

Orosur is best known for the Anza gold project near Medellin in Colombia. This is a prospective Tier One Gold mine, and Brad told us responsibility for drilling operations at Anza has now been handed over to the Agnico/Newmont joint venture partnership.

100% ownership of the project remains with Orosur. Brad tells us the handover was harder than anticipated because they had over 100 people and five drill rigs operational on the ground at one point last year. The joint venture runs through an exploratory phase for a further 8.5 years as Monte Aquila (Agnico/Newmont) earn up to 75% participation, leaving Orosur with a free carry on the balance. Everything is more or less paid for in other words, 'giving Orosur a 25% share of a large project'.

Brad also explained the proposed tin joint venture isn't quite signed but 'we are just dotting the i's and crossing the t's'. He is keen on the tin project in Brazil because demand for tin is high, tin is currently priced at $40,000 per ton and there is less interest from other juniors. He hopes to do a first site visit in a couple of weeks time.

Related Orosur Mining Media

Brad George, Orosur Mining CEO unveils the New Orosur strategy, supported by the Anza gold project

Orosur CEO Brad George believes Agnico want JV negotiations for Anza phase 2 to begin soon

Orosur LSE Webinar 6 July2021

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