For thousands of other reports visit RSC's Mineral Intellingence Map
Orosur Mining Inc.
Summary
| Project: | San Gregorio | |
|---|---|---|
| Deposit: | San Gregorio | |
| Location: | Uruguay | |
| Commodities: | Gold | |
| Date: | 4/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 3-4-2017: Orosur Mining Inc. announces an Exploration/Drilling Update report for its San Gregorio deposit at the San Gregorio project. Drilling results incl. 3.15m @ 4.20g/t Au from 310.25m. Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI), t | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Miguel Fuentealba (Not stated) | |
| ABSTRACT: | Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI), the South American-focused gold producer, developer and explorer is pleased to announce its unaudited results for the third quarter ended February 28, 2017 (“Q3 17” or the “Quarter”) and an update of its exploration and development activities. Ignacio Salazar, CEO of Orosur, said: In Colombia, we have made significant progress in the geological interpretation and modelling of our high grade Anzá gold project and we plan to commence a 15,000m - 30,000m drilling campaign. We are excited to be moving this project forward since taking over operatorship of the gypsum mine, which has now resumed operations after finalizing remediation work and improved operational standards during the quarter. With exploitation permits in place, the existing gypsum can be readily expanded, enabling Orosur to fast-track future gold mining operations.” SGW UG is a continuation, at depth, of the historic San Gregorio open pit deposit which has produced approximately 536,000 oz at an average grade of 2.12 g/t. During FY17, the Company intends to add reserves 4 and expand prospective SGW UG operations within three neighboring underground projects. These projects are the SGE Underground, SGW UG Deep Extension and the SG Central UG areas. The last two projects relate to areas which were not previously considered in the SGW UG mining plans and represent new opportunities with a strong potential for near term resource and reserve delineation. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report