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Pin to quick picksOrosur Mining Regulatory News (OMI)

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Orosur Mining Inc Announces New Staff Appointments at San Gregorio

14 Jun 2012 07:00

Orosur Mining Inc. ('OMI' or 'the Company') (TSX: OMI) (AIM: OMI), a South American-focused gold producer and explorer, announces new appointments at the San Gregorio mine.

Orosur is pleased to announce the appointment of Mr Juan Lacerda as General Manager for San Gregorio and Mr Alfredo Elizondo as the new Mining Manager.

Mr Lacerda is a Uruguayan Chemical Engineer who has worked for the Company for more than 10 years and has previously held the positions of Mill General Foreman, Mill Superintendent in San Gregorio and recently was Project Manager for the Company´s Pantanillo project in Chile, where he assisted in the completion of a positive Scoping Study (see press release on June 1st , 2012). During his time as Mill Superintendent, Juan was responsible for increasing plant throughput from 1 million tonnes per annum to 1.5 million tonnes per annum through improvement in operating practices and systems with minimal capital investment. Mr Lacerda will replace Mr Randall Corbett who is leaving the Company.

Mr Alfredo Elizondo is an Argentinian Mine Engineer specializing in underground and open-pit operations. Mr Elizondo has almost 15 years of experience, has been in charge of several expansion projects and has experience in planning, development and management of operations and production. He has worked for Barrick Gold Corp. (in the Veladero project), Yamana Gold (in the Gualcamayo project) and Panamerican Silver, among others.

David Fowler, Chief Executive Officer commented:

"The Company has made a strong commitment to developing its Uruguayan management teams at San Gregorio and it is very pleasing to appoint Mr Juan Lacerda as General Manager for San Gregorio. Juan has made a very significant contribution to operational improvements of our processing operation and we look forward to Mr Lacerda and Mr Elizondo demonstrating the same leadership for the entire operation."

About Orosur Mining Inc.

Orosur Mining Inc. is a fully integrated gold producer and exploration company focused on identifying and developing gold projects in Latin America. The Company operates the only producing gold mine in Uruguay (San Gregorio), and has assembled an exploration portfolio of high quality assets in Uruguay and Chile. The Company is quoted in Canada (TSX: OMI) and London (AIM: OMI).

Orosur Mining IncDavid Fowler, CEO + 598 2601 6354Ignacio Salazar, CFO + 598 2601 6354info@orosur.caorCanaccord Genuity Limited (Nominated Adviser & Broker)Rob Collins / Andrew Chubb, +44 (0) 20 7523 8000orBlythe Weigh Communications (Public Relations and Investor Relations)Tim Blythe: +44 (0) 7816 924626Rob Kellner

Copyright Business Wire 2012

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