RE: Newmont to Update Geological model27 Aug 2019 10:40
News update soon imo:
Medellin, Colombia, July 9, 2019. Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI), a South American-focused gold developer and explorer is pleased to announce the start of exploration activities with Newmont at the Anzá project in Colombia and provide an update on the Uruguayan reorganisation process.
Start of Exploration Activities in Colombia
Exploration activities at the Anzá project have been initiated within the scope of the Exploration Agreement with Venture Option with Newmont Colombia SAS, a subsidiary of Newmont Goldcorp (“Newmont”). The Company has already relogged 2,400 metres of the drill core from an area north of APTA. This is the area where a new broad zone of gold mineralization covering a continuous strike of 450m was discovered by Orosur during the 2018 drilling campaign. Geophysical and geochemical reinterpretation is now planned at the Anzá project. The objective of this initial activity, which requires no field work, is to update the geological model, in conjunction with Newmont.