Orosur Mining Shares Surge After Promising Drilling Results in Colombia

Orosur Mining’s shares rose 8% following positive drilling results from its Anzá gold project in Colombia. Notable assays from the Pepas prospect confirmed extensive gold mineralisation. The company is also progressing with geological surveys and metallurgical testing, underscoring its commitment to the project’s development.

Orosur Mining Inc., trading on AIM and TSX-V, experienced an 8% increase in shares following the announcement of positive drilling outcomes from its Anzá gold project in Colombia. The fresh assay results from the Pepas prospect demonstrated significant gold mineralisation across extensive intervals, with one exceptional drill hole yielding 62.5 metres at 5.4 grams per tonne of gold and another approaching 80 metres of mineralisation.

Since acquiring full control of the Anzá project in late 2024, Orosur has actively progressed its development. Located in Colombia’s Mid-Cauca gold belt, known for its numerous high-profile gold and copper deposits, the potential for mining success is considerable. Orosur is not solely focused on drilling at Pepas but has also commenced an aeromagnetic survey aiming to enhance the geological mapping of the site and is preparing to explore the El Cedro prospect.

In addition to the exploration advancements, Orosur is conducting metallurgical testing to gain insights into the optimal processing methods for its gold deposits. Following the release of the drilling update, the share price saw a modest rise, concluding at 11.05p, reflecting a slight gain of 0.4p after the initial surge.

The recent drilling update from Orosur Mining highlights promising developments in the Anzá gold project, encouraging investor confidence. The significant mineralisation results from the Pepas prospect, and the company’s ongoing exploration and testing efforts, position Orosur for potential growth within Colombia’s lucrative mining sector. Continuous advancements in geological mapping and processing methodologies will further enhance the project’s attractiveness.

Original Source: www.proactiveinvestors.com