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Pin to quick picksOrosur Mining Share News (OMI)

Share Price Information for Orosur Mining (OMI)

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Share Price: 4.30
Bid: 4.20
Ask: 4.40
Change: 0.10 (2.38%)
Spread: 0.20 (4.762%)
Open: 4.20
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Low: 4.20
Prev. Close: 4.20
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IN BRIEF: Orosur Mining hails "spectacular" Anza drill results

Tue, 06th Jul 2021 13:41

Orosur Mining Inc - South American gold exploration and development company - Receives assay results for nine additional diamond drillholes at Anza project in Colombia. Notes multiple high-grade gold intersections with associated silver and zinc, including 59.55 metres at 9.61 grams per tonne gold and 61.75 metres at 2.05 grams per tonne gold.

"While a long time coming, these drill results are spectacular and give us great comfort that Anza has the potential to be a major gold system," says Chief Executive Brad George. "Further assays are expected in due course. We are now directing our teams to identifying the next drill targets - work that has so far shown great promise."

Orosur is nearing the end of its planned 9,500 metre drilling program at the Anza project that began in November 2020. Once the final hole of the program is complete, the operating rig will remain on site and continue to drill to gradually expand the zone of mineralisation, Orosur says.

Current stock price: 25.40 pence, up 97% Tuesday

Year-to-date change: up 1.5%

By Will Paige; willpaige@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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