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Orosur Mining Inc.
Summary
| Project: | Anza | |
|---|---|---|
| Deposit: | Anza | |
| Location: | Colombia | |
| Commodities: | Gold-Silver-Zinc | |
| Date: | 6/7/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-6-2018: Orosur Mining Inc. announces an Exploration/Drilling Update report for its Anza deposit at the Anza project. Drilling results incl. 3.80m @ 1.44g/t Au, 13.69g/t Ag, 0.03% Zn from 540.2m. Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: O | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Miguel Fuentealba (Independent) | |
| ABSTRACT: | Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI), a South American-focused gold producer, developer and explorer is pleased to announce the final results from the recently completed gold exploration campaign at its high grade Anzá project in Colombia. Having confirmed consistent gold mineralisation in the APTA portion of the Anzá project in the first 18 holes of the exploration campaign, the final 5 holes of the drill programme were focussed on maiden scout drilling the untested Charrascala target. Drilling detected the presence of strong gold anomalies, with 4 of the 5 holes drilled intersecting gold mineralisation and a priority follow up zone has been identified. “We are very encouraged with the recently completed exploration campaign at APTA and Charrascala in Colombia. Drill results at APTA have extended the mineralized area at depth and along strike, while still remaining open. APTA represents only 10% of the land base of the Anzá project, which covers over 200km². Additionally, in the last phase of this exploration campaign, the Company successfully tested the Charrascala target, discovering the presence of gold anomalies along an 800m north-south corridor, including an intersect of 3.43 g/t Au and 30.60 g/t Ag over 1.5m, as well as identifying a specific target for future drilling. The Company’s future in Colombia is looking to be off to a promising start.”In addition to the APTA discovery, the Anzá project contains four additional untested high priority targets with coincident geochemical and geophysical anomalies (Fig. 1). One of them, Charrascala, is located approximately 1.5 km to the west of APTA. Charrascala is defined by an extensive coincident gold-in-soil anomaly and a geophysical anomaly that is approximately 3 km north-south by 1 km east-west and localized along a likely north-south structure. Surface mapping and sampling combined with interrogation of geophysical data sets share similar attributes to APTA, which have been validated by recent drilling. | |
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