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17.65 -0.15 (-0.84%)

Bid:

17.50

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Spread: 0.30 (1.714%)

Market Cap: £70.78m

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Orosur Mining Extends Anza Mineralisation Through Drill Programme

Wed, 04th Apr 2018 13:01

LONDON (Alliance News) - South America-focused gold miner Orosur Mining Inc said on Wednesday that further drilling in the Anza project in Colombia has extended the mineralised zones to a total depth of 400 metres.

The last drill holes from the APTA target have been drilling, with a further five holes planned and underway at the Charrascala target, currently untested and within the broader Anza land package.

"We are delighted with progress in Colombia. Drilling results at APTA continue to extend the mineralized area, while also remaining open along strike and at depth, resulting in a drill tested and improved geological model for follow-on drilling campaigns.APTA represents only 10% of the land base of the Anzá project, which covers over 200 square kilometres and contains four additional gold targets. We are excited to be drilling Charrascala at present and look forward to testing the broader potential of our additional targets over time," said Chief Executive Officer Ignacio Salazar.

Shares in Orosur Mining were down 0.2% at 6.86 pence on Wednesday.