202614 releases
Orosur Mining Inc - Pepas West Expanding
Drilling at the Pepas West zone at the Anzá project in Colombia returned 16.1m at 2.68g/t Au in PEP085, 21.7m at 1.42g/t Au in PEP087, 9.8m at 1.41g/t Au in PEP088 and 23.45m at 2.98g/t Au in PEP090, which stepped out 30m north of previous holes and extended mineralisation over 100m of strike. The rig has moved to targets south of Pepas and will return to Pepas West in several weeks. At APTA, hole MAP-106 is past 300m and within the target zone.
NewsOrosur Mining Inc - Granting of RSUs
A total of 13,650,000 Restricted Stock Units have been granted to directors, officers, employees and consultants, comprising 7,700,000 to Directors and 5,950,000 to officers, employees and consultants, with 9,500,000 of the total going to named directors and officers. The RSUs carry no purchase price, vest on the first anniversary of the 1 May 2026 grant date and expire three years after grant. Total options, RSUs and DSUs now stand at 26,440,004, or 6.7% of non-diluted issued share capital.
CorporateOrosur Mining Inc - Total Voting Rights
395,949,074 Common Shares are in issue, Orosur Mining advised for the purposes of the Disclosure Guidance and Transparency Rules. Shareholders may use this figure as the denominator when determining whether they must notify an interest, or a change in interest, in the Company's share capital. Orosur is a minerals explorer and developer with projects in Colombia and Argentina, listed on AIM and TSXV.
CorporateOrosur Mining Inc - Results for the Third Quarter ended February 28
Unaudited results for the quarter ended February 28, 2026 show a cash balance of $13,650,000, versus $4,877,000 at May 31, 2025, and a net loss of $6,594,000 for the nine months (2025: net income of $1,095,000). During the quarter 3,171,898 warrants were exercised for $323,000 and 666,664 options for $29,000. At the Anza Project in Colombia, in-fill drilling at Pepas was completed and a maiden resource estimate of 219,000 ounces of gold declared; in Argentina, circa 4,400 metres of drilling at El Pantano was completed by end-March 2026, with results awaited.
CorporateOrosur Mining Inc - El Cedro sampling opens new horizons
Soil sampling at El Cedro south, part of the Anzá project in Colombia, returned gold in soils at times over 1 g/t Au across an area of roughly 2km x 3km, with the southern intrusive system similar to the northern body. A drone-mounted magnetic survey over El Cedro and APTA has been completed, with several weeks needed to process the data; drilling at El Cedro is anticipated once targeting and access permitting finish. At Pepas, nine holes have been drilled into Pepas West and the rig has been moved temporarily to a new target several hundred metres south.
Drill resultsOrosur Mining Inc - New mineralised zone discovered near Pepas
Drilling 100m west of the Pepas deposit at the Anzá project in Colombia has intersected a new mineralised zone, with PEP082 returning 26.4m at 2.85g/t Au from 5.3m and PEP083 returning 14.45m at 8.27g/t Au from surface, both showing the same lithologies and two mineralising events as Pepas. Orientation drilling of the zone is underway, with holes PEP084 to PEP086 completed. Drilling has also begun at APTA with hole MAP106, planned to 400m, alongside a drone-mounted magnetic survey over the southern half of the project.
Drill resultsOrosur Mining Inc - 43-101 technical report for its Anza Project
A National Instrument 43-101 compliant technical report has been filed for the 100%-owned Anza Project in Colombia, including the maiden Mineral Resource Estimate for the Pepas deposit. The report has an effective date of 16 January 2026 and an issue date of 25 March 2026, and supports disclosures made in the Company's 10 February 2026 announcement. It is available on the Company's website and on SEDAR+.
Study resultsOrosur Mining Inc - Total Voting Rights
1,316,949 new common shares were issued during February 2026 for total consideration of US$110,703, following the exercise of 1,016,949 warrants at US$0.0558 and 300,000 warrants at Cdn$0.25 under the block listing announced January 14, 2026. Orosur Mining, which has projects in Colombia and Argentina, now has 394,547,125 common shares in issue, including 85,000 shares scheduled for admission to trading on 2 March.
CorporateOrosur Mining Inc - Exercise of RSUs
85,000 common shares have been issued following the exercise of 85,000 restricted stock units by non-executive director Thomas Masney, representing 0.02% of current issued share capital; 35,000 shares were sold at 25.6p to cover withholding taxes, leaving him with 260,000 shares. Admission to trading on AIM is expected at 8:00am UK time on or around March 2nd, 2026, after which Orosur Mining will have 394,632,125 common shares in issue, with 2,755,004 options and 9,065,000 RSUs outstanding.
CorporateOrosur Mining Inc - Maiden Mineral Resource Estimate at Pepas
A maiden Mineral Resource Estimate for the Pepas deposit at the Anzá Project in Colombia totals 1.14 Mt at 5.46 g/t Au for 201,000 ounces Indicated, plus 0.19 Mt at 2.99 g/t Au for 18,000 ounces Inferred. Prepared by Bara Consulting Limited with an effective date of 16 January 2026, the estimate is contained within an open pit shell to about 100m vertical depth, using a US$3,000/oz gold price and a 0.92 g/t Au cut-off. Orosur said it will move Pepas into economic study and permitting.
Resource updateOrosur Mining Inc - Total Voting Rights
During January 2026, 1,857,949 new common shares were issued for total consideration of US$286,160 following the exercise of 1,471,000 warrants at Cdn$0.25 and 386,949 warrants at US$0.0558, from the block listing announced January 14, 2026. Orosur Mining, a minerals explorer and developer with projects in Colombia and Argentina, now has 394,547,125 common shares in issue, to be used as the denominator for shareholder notification calculations.
CorporateOrosur Mining Inc - Results for Second Quarter ended November 30, 2025
Unaudited results for the quarter ended November 30, 2025 show a cash balance of US$16,280,000 (US$4,877,000 at May 31, 2025) and a net loss of US$4,543,000 for the six months, after an upsized brokered private placement completed October 2, 2025 raised CAD$20 million via 58,823,530 shares at CAD$0.34, with no warrants. Infill drilling continued at Pepas in Anzá, Colombia, with a NI 43-101 resource estimate anticipated by end-January 2026. Orosur earned a direct 51% interest in Deseado Dorado S.A.S, owner of the El Pantano licences in Santa Cruz, Argentina, and moved to Phase 2, requiring a further US$2m to reach 100%, including a 3,000 metre drill program started in November.
CorporateOrosur Mining Inc - Block listing six monthly return
A block listing six monthly return covering 14 July 2025 to 14 January 2026 was filed under AIM Rule 29 and Schedule Six for Orosur's unlisted warrants scheme. The opening balance of unallotted securities was 15,203,116, increased by 19,586,444, with 15,036,912 securities issued or allotted during the period. The balance not yet issued or allotted at the end of the period was 19,752,648.
CorporateOrosur Mining Inc - Anzá restarts with strong set of drilling results
Final three infill holes at the Pepas prospect, Anzá project in Colombia, returned PEP072B 47.60m at 3.43g/t Au from surface, PEP073 104.45m at 5.96g/t Au from surface and PEP074 71.35m at 6.46g/t Au from surface, completing the drill database, which has been handed to consultants for Mineral Resource Estimate modelling. Planning for a feasibility process and permitting work has begun. Two applications were converted to exploration titles, giving three contiguous granted titles totalling 173km2, a 65% increase, with 154km2 still under application. Drilling has restarted north of Pepas.
Drill results
202551 releases
Orosur Mining Inc - Total Voting Rights
Total issued share capital stands at 392,689,176 common shares following the admission of 666,664 common shares on 16 December 2025 on exercise of options by consultants, announced 15 December 2025. No warrants were exercised and no shares were issued during December under the block listing. Shareholders may use the 392,689,176 figure as the denominator for notifications under the FCA's Disclosure and Transparency Rules.
CorporateOrosur Mining Inc - AGM Results, Investor Q&A Session
All resolutions put to shareholders at Orosur Mining's Annual General Meeting held on 17 December 2025 were passed, including setting the board at four directors, electing Louis Castro, Bradley George, Thomas Masney and Nick von Schirnding, appointing Baker Tilly WM LLP as auditors, and approving the Amended and Restated Equity Incentive Plan. A total of 80,362,529 of 392,022,512 shares outstanding at the 7 November 2025 record date were voted, about 20.5%. Chairman Castro and CEO George will hold an Investor Meet Company Q&A on 18 December 2025 at 5.30pm UK time.
CorporateOrosur Mining Inc - Consultants Exercise Options
666,664 common shares have been issued, representing 0.17% of current issued share capital, following the exercise of options by consultants at C$0.06. External Chief Financial Officer Omar Gonzalez exercised 166,666 options and now holds 166,666 common shares, or 0.04% of issued share capital. Admission to trading on AIM is expected at 8:00am UK time on or around December 15, 2025, after which Orosur will have 392,689,176 common shares in issue and 2,755,004 options outstanding.
NewsOrosur Mining Inc - Pepas MRE drilling near completion
Drilling for a maiden mineral resource estimate at the Pepas prospect, part of the Anzá project in Colombia, is expected to finish within days, with the MRE and NI 43-101 technical report to be completed during January 2026. Assays from five holes include PEP067, which returned 83.7m at 4.29g/t Au from surface, including 17.45m at 7.12g/t and 10.8m at 8.06g/t. At El Pantano in Santa Cruz, Argentina, seven holes have been completed and confirm a low sulphidation epithermal mineral system, with assays pending and drilling due to end in late January 2026.
Drill resultsOrosur Mining Inc - Exercise of Warrants and Total Voting Rights
A total of 500,000 new common shares were issued during November 2025 for total consideration of US$24,700 following the exercise of 500,000 warrants from the block listing announced on January 8th 2025. Orosur Mining, which has projects in Colombia and Argentina, has 19,752,648 warrants outstanding. Following admission, issued share capital will comprise 392,022,512 common shares, the figure shareholders should use as the denominator for voting rights calculations.
FinancingOrosur Mining Inc - Notification of Investor Q&A Session
Notice of the Annual and Special Meeting, including the Management Information Circular and proxy forms, has been posted to shareholders, with the AGM to be held on 17 December 2025 at 12.30pm GMT at the offices of SP Angel Corporate Finance LLP, 35-39 Maddox Street, London. Executive Chairman Louis Castro and CEO Brad George will hold a live Investor Q&A session via the Investor Meet Company platform on 18 December 2025 at 5.30pm GMT, with questions accepted until 1pm GMT on 17 December. Orosur operates in Colombia and Argentina.
CorporateOrosur Mining Inc - Exercise of RSUs and options
4,358,332 common shares have been issued, representing 1.13% of Orosur Mining's current issued share capital, following the exercise of 3,123,332 RSUs and 1,280,000 options by directors and consultants; all directors will retain their shares. CEO Brad George exercised 1,350,000 RSUs, non-executive director Thomas Masney 200,000 RSUs, Commercial VP Joaquin Sarroca 521,666 RSUs, and non-executive director Nick von Schirnding 300,000 options at CAD$0.06 on a cashless basis for 255,000 shares. AIM admission is expected at 8:00am UK time on or around November 4, 2025, taking shares in issue to 391,522,512.
NewsOrosur Mining Inc - Exercise of Warrants and Total Voting Rights
A total of 2,000,256 new common shares of no par value were issued during October 2025 for total consideration of US$112,381 following the exercise of 2,000,256 warrants from the block listing announced on January 8th 2025. Orosur Mining, an explorer and developer with projects in Colombia and Argentina, has 20,252,648 warrants outstanding. Following admission, issued share capital will comprise 387,164,180 common shares, the denominator for shareholder voting rights calculations.
FinancingOrosur Mining Inc - Operational Update Exploration Footprint Expanding
Three infill and metallurgical holes at the Pepas prospect, Anzá, Colombia returned PEP065 33.4m @ 2.84g/t Au, PEP065B 33.8m @ 2.84g/t Au and metallurgical hole PEP066 112m @ 5.25g/t Au from surface, including 3.25m @ 22.95g/t Au. Resource consultants arrive on site in the first week of November to begin work on an updated NI 43-101 technical report that may include a Pepas MRE. Soil sampling at El Cedro returned assays at times exceeding 1g/t Au and identified a possible second porphyry, with drilling expected in Q1 2026 and an airborne magnetic/radiometric survey planned for November or December.
CorporateOrosur Mining Inc - Results for First Quarter ended August 31, 2025
A net loss of $718,000 was reported for the first quarter ended August 31, 2025, versus $279,000 a year earlier, with cash of $3,906 thousand at period end and $17.2 million as at the date of the MD&A following the CAD$20 million private placement of 58,823,530 shares at CAD$0.34, completed October 2, 2025. In-fill drilling continued at the Pepas prospect within the Anzá project in Colombia toward a maiden resource estimate, soil sampling at El Cedro is 90% complete, and a 3,000 metre diamond drill program is to start at El Pantano in Santa Cruz, Argentina, where Orosur has earned 51% of Deseado after investing US$1m and can reach 100% with a further US$2m over two years.
CorporateOrosur Mining Inc - New Corporate Investor Presentation
A corporate investor presentation delivered via the Investor Meet Company platform on 15 October is now available on Orosur Mining's website at https://www.orosur.ca/investors/presentations/. The company, listed on TSXV and AIM as OMI, is a mineral explorer and developer with current operations in Colombia, Argentina and Nigeria.
CorporateOrosur Mining Inc - Notification of Investor Webinar
A live investor webinar Q&A will be held on the Investor Meet Company platform on 15 October 2025 at 5.00 pm UK time, hosted by Executive Chairman Louis Castro and CEO Brad George. The session is open to existing and potential shareholders, with questions accepted in advance until 9am UK time on the day or during the live presentation. Orosur is a mineral explorer and developer with operations in Colombia, Argentina and Nigeria.
CorporateOrosur Mining Inc - Pepas drilling continues to intersect high grades
Five more infill holes from the Pepas prospect at the 100%-owned Anzá gold project in Colombia returned results including PEP060 at 63.55m @ 8.23 g/t Au (including 37.5m @ 12.99 g/t) and PEP064 at 49.95m @ 4.29 g/t Au (including 15.6m @ 9.88 g/t). A mid-program resource drilling review is underway, with a site visit by resource consultants expected around the start of November ahead of a NI 43-101 Mineral Resource Estimate targeted by year-end. 53 holes have been drilled at Pepas since November 2024.
Drill resultsOrosur Mining Inc - Close of Private Placement for Gross Proceed C$20M
A brokered private placement closed for gross proceeds of approximately C$20,000,000, including full exercise of the agents' option for C$2,000,000, through the sale of 58,823,530 common shares at C$0.34 per share (about £0.1809). Net proceeds will principally advance the Anzá exploration project in Colombia, plus general working capital and corporate purposes. Substantial shareholder 1832 Asset Management subscribed for 4,412,000 shares, taking its interest to about 11.5%; shares in issue will total 385,163,924, with AIM admission expected around October 3rd, 2025.
FinancingOrosur Mining Inc - Total Voting Rights
Admission of 260,000 common shares from options exercised by two consultants at C$0.22 (140,000 shares) and C$0.325 (120,000 shares), plus 8,675,418 shares from warrants exercised in September under the block listing announced 8 January 2025 for total consideration of US$701,894, becomes effective at 8:00 am on or around 1 October 2025. The company will then have 325,758,894 common shares in issue, with 4,701,668 options and 22,834,404 warrants outstanding.
CorporateOrosur Mining Inc - Full Year 2025 Results
Audited results for the fiscal year ended May 31, 2025 show net income of $9,936 thousand, including $12,851 thousand from discontinued operations, versus a net loss of $3,378 thousand a year earlier, with a net loss from continuing operations of $2,915 thousand. Cash stood at $4,877 thousand at May 31, 2025, against $1,328 thousand a year earlier, and $4,188 thousand as at the date of the MD&A. During the year Orosur completed the acquisition of Minera Monte Aguila on November 27, 2024, taking 100% of the Anzá Gold Project in Colombia and resuming operatorship, and earned a 51% interest in Deseado Dorado, owner of the El Pantano licences in Santa Cruz, Argentina, after investing US$1m.
CorporateOrosur Mining Inc - Corporate update, Exercise of options and warrants
The upsized brokered private placement to raise up to C$20 million, announced on September 18, 2025, is now scheduled to close on October 2, 2025, comprising up to 58,823,530 new common shares, with AIM admission expected at 8:00am UK time on or around October 3, 2025. Separately, 260,000 shares were issued on exercise of consultant options at C$0.22 and C$0.325, and 8,675,418 shares on warrant exercises for US$701,894. Shares in issue will total 325,758,894.
FinancingOrosur Mining Inc - Upsize of Brokered Private Placement up to C$20M
Orosur Mining has increased its "best efforts" brokered private placement from gross proceeds of up to C$15,000,000 to up to C$18,000,000, selling up to 52,941,177 common shares at C$0.34 (approximately £0.1809) per share, with an agents' option for up to 5,882,353 additional shares for up to C$2,000,000 more, taking the total to up to C$20.0 million. Red Cloud Securities is lead agent and sole bookrunner, with UK brokers Turner Pope and Greenwood Capital Partners. Proceeds are intended principally to advance the Anzá gold exploration project in Colombia and for general working capital.
FinancingOrosur Mining Inc - Private Placement for Gross Proceeds up to C$17m
A brokered best efforts private placement has been agreed for gross proceeds of up to C$15,000,000 through the sale of up to 44,117,647 common shares at C$0.34 (approximately GBP 0.1809) each, with an agent's option for up to 5,882,353 additional shares for up to C$2,000,000 more. Red Cloud Securities is lead agent and bookrunner, with UK brokers Turner Pope and Greenwood Capital Partners. Proceeds will principally advance the Anzá gold exploration project in Colombia plus working capital. Closing is scheduled on or around September 30, 2025, with AIM admission expected around October 1, 2025.
FinancingOrosur Mining Inc - High grades continue Pepas, El Cedro prospectivity
Six further holes from the Pepas mineral resource infill program at the 100%-owned Anzá gold project in Colombia returned intercepts including 47.25m at 15.25g/t Au in PEP055, 34.85m at 3.24g/t Au in PEP058, 20.6m at 2.01g/t Au in PEP054 and 17.1m at 5.47g/t Au in PEP057. The infill program is ahead of schedule and could finish by late October 2025, targeting an NI 43-101 resource by year-end. A ridge and spur soil program at El Cedro is about 65% complete, with areas above 0.3g/t Au and at times over 1g/t Au.
Drill resultsOrosur Mining Inc - Exercise of Warrants and Total Voting Rights
A total of 3,279,738 new common shares were issued during August 2025 for consideration of US$174,711.67 following the exercise of 3,279,738 warrants from the block listing announced on January 8th 2025. Orosur Mining has 31,509,822 warrants outstanding, and issued share capital following admission will comprise 316,823,476 common shares, the figure shareholders should use as the denominator for voting rights calculations. The company has projects in Colombia, Argentina and Nigeria.
FinancingOrosur Mining Inc - Infill continues to deliver, 71.85m @ 6.13g/t Au
Infill drilling at the Pepas prospect on the 100%-owned Anzá gold project in Colombia returned 71.85m at 6.13g/t Au from 9.4m in PEP052, 61.3m at 3.36g/t Au in PEP051 and 34m at 2.33g/t Au from surface in PEP050, part of a program targeting a NI 43-101 resource estimate by year-end. Ridge and spur soil sampling at El Cedro is 45% complete, with 40 samples submitted. Contracts are being finalised for 10 to 14 diamond holes totalling about 3,000m at El Pantano, Santa Cruz, Argentina, from mid-October 2025.
Drill resultsOrosur Mining Inc - Infill drilling hits 104m @ 6.61g/t Au at Pepas
Infill drilling at the Pepas prospect on the wholly owned Anzá gold project in Colombia returned 104m at 6.61g/t Au from surface in PEP047, 32.3m at 3.65g/t Au from surface in PEP048 and 94.2m at 3.74g/t from surface in PEP049. The program targets a NI 43-101 compliant maiden Mineral Resource Estimate by year-end, with 38 holes drilled at Pepas since the November 2024 MMA transaction. Suspended soil sampling at El Cedro, about one-third complete, will recommence this week following road repairs.
Drill resultsOrosur Mining Inc - Sale of stake in Company
Newmont Mining Corporation has sold its approximately 9.4% stake in Orosur Mining to several institutional long-term investors at C$0.19 per common share, as part of Newmont's program of non-core divestments. Newmont stated it may, depending on price, market conditions or other factors, increase its beneficial ownership or control of Orosur common shares or other securities through market transactions, private agreements or otherwise. Orosur operates in Colombia, Argentina and Nigeria.
AcquisitionOrosur Mining Inc - Orosur drills 62.3m @ 12.76g/t Au at Pepas
Assays from nine further drill holes at the Pepas prospect, part of the wholly owned Anzá gold project in Colombia, include PEP045 with 62.3m @ 12.76 g/t Au from 9.5m, PEP044 with 38.5m @ 6.01 g/t Au, PEP046 with 53.2m @ 3.36 g/t Au, PEP041 with 31.75m @ 2.01 g/t Au and PEP040 with 10.25m @ 1.35 g/t Au; PEP039 and PEP043 returned no significant intersections. PEP044 to PEP046 form part of the infill programme aimed at a Mineral Resource Estimate. 26 holes have been drilled at Pepas since the MMA transaction in November 2024.
Drill resultsOrosur Mining Inc - Block listing six monthly return
A block listing six monthly return for the period 13 January 2025 to 14 July 2025 shows 16,645,103 securities issued under the unlisted warrants scheme, leaving a balance of 15,203,116 not yet allotted. Application has also been made to the London Stock Exchange for block admission of 19,586,444 new common shares, about 6.25% of current issued share capital, relating to investor and broker warrants from the brokered private placement announced 27 March 2025. Admission is expected on or around 18 July 2025.
CorporateOrosur Mining Inc - Pepas moving into MRE drilling programme
Infill drilling has begun at the Pepas gold prospect within the Anzá project in Colombia as a precursor to a maiden Mineral Resource Estimate, following positive external conceptual pit-shell studies. Between 1,500m and 2,000m of additional drilling is expected, with completion targeted for November 2025 and publication of an MRE targeted for December 2025. An external structural geology consultant is on site developing geological models for Pepas and APTA, while El Pantano in Argentina is drill ready, with drilling possible before year-end.
Drill resultsOrosur Mining Inc - Investor Webinar
A live investor webinar Q&A will be held on 2 June 2025 at 5.00pm UK time via the Investor Meet Company platform, hosted by Executive Chairman Louis Castro and CEO Brad George. The session is open to existing and potential shareholders, with questions accepted in advance until 9am UK time on the day or during the live presentation. Orosur is a mineral explorer and developer with operations in Colombia, Argentina and Nigeria.
CorporateOrosur Mining Inc - Orosur Mining Inc - Pepas Advancing
Assays from five further holes at the Pepas and Pepas North prospects on the wholly owned Anzá Project in Colombia returned 21.3m @ 5.88 g/t Au from surface in PEP033, 59m @ 10.15 g/t Au in PEP034 and 11.4m @ 2.71 g/t Au from surface in PEP035, while the first two Pepas North holes intersected lower-grade halo-style mineralisation. Preliminary technical studies, including external 3D modelling, have begun at Pepas; earlier metallurgical tests gave 88% Au recovery by cyanide leaching at a 120 micron grind. At El Cedro, 28% of a soil sampling program is complete, with areas above 0.3 g/t Au and some samples exceeding 1 g/t Au and 0.5% Cu.
CorporateOrosur Mining Inc - Director Purchase of shares
Independent Non-Executive Director Nick Von Schirnding acquired 184,000 common shares of no par value in Orosur Mining on 30 April 2025 at 10.9p per share on AIM. Following the transaction he holds 184,000 common shares, representing 0.06 per cent of the company's issued share capital.
CorporateOrosur Mining Inc - Granting of RSUs
A total of 7,550,000 Restricted Stock Units have been granted to directors, officers, employees and consultants, comprising 4,150,000 to directors and 3,400,000 to officers, employees and consultants, dated May 1, 2025. The RSUs carry no purchase price, expire three years from grant and vest half on the first anniversary and half on the second. Total shares under Option, RSUs and DSUs now stand at 18,538,332, or 5.9% of non-diluted issued share capital.
CorporateOrosur Mining Inc - Exercise of Warrants and Total Voting Rights
1,025,501 new common shares of no par value were issued during April 2025 for total consideration of US$56,138, following the exercise of 1,020,501 warrants from the block listing announced on January 8th 2025. Issued share capital following admission will comprise 313,543,738 common shares, the figure shareholders should use as the denominator for voting rights calculations. The Company has 34,789,560 warrants outstanding, including 19,586,444 new warrants issued in the brokered private placement announced 27 March 2025.
FinancingOrosur Mining Inc - Results for Third Quarter ended February 28th 2025
Unaudited results for the third quarter ended February 28, 2025 show a net income of $1,095,000 for the nine months (including $2,841,000 from discontinued operations) versus a $1,325,000 loss a year earlier, and cash of US$2,355,000 at period end, rising to US$5,570,000 including subsequent financings. During the quarter Orosur completed the acquisition of Minera Monte Aguila, taking 100% of the Anzá Gold Project in Colombia, and earned a 51% interest in Deseado Dorado, owner of El Pantano, Santa Cruz, Argentina, after investing US$1m.
CorporateOrosur Mining Inc - Drilling and sampling expands Pepas
Assays from five further holes at the Pepas prospect, part of the wholly owned Anzá Project in Colombia, included PEP028 with 31.35m at 1.61 g/t Au and PEP032 with 92m at 1.68 g/t Au from surface, including 11.85m at 6.84 g/t Au and 7.7m at 5.05 g/t Au. Channel sampling at North Pepas returned 49m at 2.59 g/t Au, including 10m at 6.93 g/t Au and a best 1m sample of 27.23 g/t Au; access is complete and drilling is to begin within weeks. Ridge and spur soil sampling at El Cedro is about 25% complete.
Drill resultsOrosur Mining Inc - Orosur Mining Inc - Consultant Exercises Options
83,333 common shares have been issued following the exercise of 83,333 options by a consultant at C$0.06 per share, representing 0.03% of current issued share capital. Admission to trading on AIM is expected to become effective at 8:00am UK time on or around April 25, 2025, after which Orosur will have 312,523,237 common shares in issue and 4,961,668 options outstanding. No board members or executives exercised options.
FinancingOrosur Mining Inc - TR-1: Notification of major holdings
1832 Asset Management L.P. of Toronto, Canada has increased its holding in Orosur Mining to 37,765,000 voting rights, or 12.087124%, up from 17,450,401 shares (7.410000%) previously notified. The threshold was crossed on 27/03/2025 and the issuer was notified on 31/03/2025. The holding is split between the Dynamic Precious Metals Fund (8.886413%) and the Dynamic Strategic Gold Class (3.200712%), both managed by 1832 Asset Management.
CorporateOrosur Mining Inc - Exercise of Warrants and Total Voting Rights
2,055,932 new common shares were issued during March 2025 for total consideration of US$96,071 following the exercise of 2,055,932 warrants from the block listing announced on January 8, 2025. Orosur Mining has 16,223,618 warrants outstanding. Following admission, including shares issued on 27 March 2025 under the Company's brokered private placement, issued share capital will comprise 312,439,904 common shares.
FinancingOrosur Mining Inc - Closing of Brokered Private Placement of C$6.0M
A brokered private placement closed for gross proceeds of C$6,000,000, including full exercise of the agent's option for C$1,000,000, through the sale of 35,294,117 units at C$0.17 per unit, each comprising one common share and half a warrant exercisable at C$0.25 until March 27, 2027. Red Cloud Securities acted as sole agent, receiving a C$313,860 cash commission and 1,846,235 broker warrants. Proceeds will principally advance the Anzá exploration project in Colombia and general working capital, leaving 312,439,904 shares in issue; AIM admission is expected around 31 March 2025.
FinancingOrosur Mining Inc - Private Placement for Gross Proceeds up to C$5.0M
A brokered best efforts private placement of up to 29,411,764 units at C$0.17 per unit will raise gross proceeds of up to C$5,000,000, with Red Cloud Securities Inc. as sole agent and bookrunner. Each unit comprises one common share and one half warrant exercisable at C$0.25 for 24 months after closing; an agent's option covers up to 5,882,353 additional units for up to C$1,000,000 more. Proceeds will mainly advance the Anzá exploration project in Colombia, with closing expected around March 27, 2025.
FinancingOrosur Mining Inc - Opening new fronts at Anzá
Assays from five further holes at the Pepas prospect on the 100%-owned Anzá project in Colombia include PEP025 with 62.5m at 5.4g/t Au (including 8.5m at 22.54g/t), PEP026 with 28.4m at 2.52g/t Au and PEP027 with 79.15m at 2.0g/t Au; PEP023 and PEP024 returned more moderate intercepts from a separate outcrop. A drone aeromagnetic survey over Pepas has begun, with data due later in March, access north of Pepas is being developed, and a bulk metallurgical composite was sent to a Canadian laboratory. A 2km x 2km ridge and spur soil sampling program at El Cedro is planned to start in March.
NewsOrosur Mining Inc - Consultants Exercise Options
83,333 common shares have been issued following the exercise of options by consultants at C$0.06, representing 0.03% of Orosur Mining's current issued share capital. Admission to trading on AIM is expected at 8:00am UK time on or around March 12, 2025, after which the company will have 275,089,855 common shares in issue and 5,045,001 options outstanding. No board members or executives exercised options.
NewsOrosur Mining Inc - Exercise of Warrants and Total Voting Rights
9,018,250 new common shares of no par value were issued during February 2025 for total consideration of US$435,894 following the exercise of 9,018,250 warrants from the block listing announced on January 8th 2025. Orosur Mining has 18,279,550 warrants outstanding, and following Admission its issued share capital will comprise 275,006,522 common shares, the figure shareholders should use as the denominator for voting rights calculations. The company has projects in Colombia, Argentina and Nigeria.
FinancingOrosur Mining Inc - Participation at Investor Meet Company Spotlight
CEO Brad George will present at the online Investor Meet Company Spotlight Event on 26 February 2025 at 5:00 p.m. The presentation will cover Orosur's exploration progress, strategic vision and project potential, and investors can register to attend via the link provided. Orosur Mining Inc trades on the TSXV and AIM under OMI.
CorporateOrosur Mining Inc - Consultants Exercise Options
166,666 common shares have been issued, representing 0.63% of current issued share capital, following the exercise of options by consultants at C$0.06. Admission to trading on AIM is expected to become effective at 8:00am UK time on or around February 24, 2025. Following Admission, Orosur will have 265,988,272 common shares in issue and 5,128,334 options outstanding; no current board members or executives exercised options.
NewsOrosur Mining Inc - Orosur Completes Phase one of El Pantano JV
Phase one of the exploration joint venture over the El Pantano gold project in Santa Cruz province, Argentina, has been completed, earning Orosur a direct 51% interest in licence holder Deseado Dorado S.A.S after investing US$1m over three years. The Company can move to 100% ownership by investing a further US$2m over two years, with vendors retaining a 2% NSR royalty, 1% repurchasable for US$1m. Work to date on the 560km2 licence package identified a 25km long rift structure, and induced polarisation surveys are to commence shortly.
NewsOrosur Mining Inc - Colombia Update
Four more drill holes at the Pepas prospect, part of the wholly owned Anzá Project 50km west of Medellin, Colombia, returned 76.3m at 7.24g/t Au (PEP022), 107.05m at 6.22g/t Au (PEP021), 54.65m at 1.94g/t Au (PEP020) and 44.3m at 1.63g/t Au (PEP019), all from surface. Eleven holes totalling 941m have been completed since Orosur resumed control. Historical soil data and a 105m channel sample averaging 1.15g/t Au define a northern target, Pepas 2, extending combined strike to about 1000m.
CorporateOrosur Mining Inc - Exercise of Warrants and Total Voting Rights
4,550,420 new common shares have been issued since January 6, 2025 for total consideration of US$243,231, following the exercise of 2,881,356 warrants at US$0.0588 each (approximately 4.429p) and 1,669,064 warrants at US$0.0494 each (approximately 3.921p) from the block listing announced on January 8, 2025. Orosur Mining, which has projects in Colombia, Argentina and Nigeria, has 27,297,800 warrants outstanding. Issued share capital following admission will comprise 265,821,606 common shares.
FinancingOrosur Mining Inc - Results for Second Quarter ended November 30, 2024
Unaudited results for the quarter ended November 30, 2024 show a cash balance of $945,000, versus $2,104,000 at May 31, 2024, with cash of $2,200,000 as at the date of the announcement. Net income was $2,149,000 for the quarter, including $2,767,000 from discontinued operations, against a net loss of $1,066,000 from continuing operations for the six months. On November 27, 2024 the acquisition of Minera Monte Aguila S.A.S. completed, giving 100% ownership of the Anzá Gold Project in Colombia for a deferred 1.5% net smelter royalty plus US$75 per ounce on the first 200,000 gold equivalent ounces, with drilling started at Pepas.
CorporateOrosur Mining Inc - Colombia Update
Three further drill holes at the Pepas prospect, part of the wholly owned Anzá Project in Colombia, returned PEP016 43.7m at 3.13 g/t Au (including 14.65m at 8.09 g/t), PEP017 40.2m at 2.06 g/t Au and PEP018 54.1m at 6.01 g/t Au from surface (including 23.75m at 9.07 g/t). Seven holes have been drilled since Orosur reassumed ownership and control of Anzá in late November 2024, all returning gold intersections. Hole PEP019, 30m along strike to the southeast, is underway.
CorporateOrosur Mining Inc - Block Listing Application
A block listing application has been made to the London Stock Exchange for up to 31,848,219 common shares of Orosur Mining to be admitted to trading on AIM, expected to be effective on or around 13 January 2025. The shares relate to 31,848,219 unlisted investor and broker warrants outstanding from capital raisings in February, September and December 2024, exercisable at prices from US$0.0372 to US$0.0832 through to 2029.
CorporateOrosur Mining Inc - Exercise of Warrants
179,856 warrants have been exercised at US$0.0494 (approximately 3.984p) each, resulting in the issue of 179,856 new common shares for total consideration of US$8,885. Admission to trading on AIM is expected to become effective at 8:00am UK time on or around 10 January 2025. Following Admission, Orosur Mining's issued share capital will comprise 261,271,186 common shares, including shares admitted on 7 January from warrants announced on 30 December 2024.
Financing
202435 releases
Orosur Mining Inc - Exercise of Warrants
Warrant exercises will result in the issue of 4,932,593 new common shares for total consideration of US$240,131, comprising 1,694,615 warrants at US$0.0372, 559,712 at US$0.0494 and 2,677,966 at US$0.0558 each. Admission to trading on AIM is expected at 8:00am UK time on or around 7 January 2025. Following Admission, issued share capital will comprise 261,091,330 common shares. Orosur is a minerals explorer and developer with projects in Colombia, Argentina and Nigeria.
FinancingOrosur Mining Inc - Admission, issue of new common shares
18,939,394 new common shares were admitted to trading on AIM on 30 December 2024 at a placing price of £0.066 (CAD$0.12), following the placing announced on 19 December 2024. Total shares issued and outstanding with voting rights rise to 256,158,737. Joint broker Turner Pope Investments received a 6 per cent fee of £75,000, a £30,000 corporate finance fee, and 1,893,939 warrants exercisable at the placing price for five years following admission.
NewsOrosur Mining Inc - Exercise of Warrants
699,640 new common shares have been issued following the exercise of warrants at US$0.0494 each (approximately 3.952p), for total consideration of US$34,562. Admission to trading on AIM is expected to become effective at 8:00am UK time on or around 3 January 2025. Following Admission, issued share capital will comprise 256,158,737 common shares, including shares to be admitted on 30 December 2024. Orosur has projects in Colombia, Argentina and Nigeria.
FinancingOrosur Mining Inc - Pepas Drilling
Hole PEP015 at the Pepas prospect, part of the Anzá Project in Colombia, returned a composite intersection of 40.2m at 3.75g/t Au from 23.5m, including 6.8m at 9.02g/t Au and 5.3m at 6.95g/t Au. The Anzá Project is now 100% owned by Orosur following completion of the share purchase of former JV partner Minera Monte Aguila, announced 28 November 2024. Hole PEP016 is complete with assays pending, and recent capital raising will allow the planned 800m drill program to be substantially extended after a Christmas break.
Drill resultsOrosur Mining Inc - Holding(s) in Company
1832 Asset Management L.P. of Toronto, Canada holds 17,450,401 voting rights in Orosur Mining Inc, equal to 7.410% of voting rights, following an acquisition or disposal of voting rights. The threshold was crossed on 17/12/2024 and the issuer was notified on 20/12/2024. The shares are held indirectly through the Dynamic Precious Metals Fund, an Ontario-registered mutual fund managed by 1832 Asset Management L.P.
NewsOrosur Mining Inc - Share Placing
A placing of 18,939,394 new common shares at 6.6 pence each has raised £1.25 million before expenses, a discount of approximately 25 per cent to the 18 December 2024 closing mid-market price. Proceeds will largely fund the Anzá gold exploration project in Colombia, including further drilling at Pepas, resource review at APTA and sampling and mapping at El Cedro and El Roble. Admission to AIM is expected around 30 December 2024, taking shares in issue to 255,459,097; broker Turner Pope receives 1,893,939 warrants.
FinancingOrosur Mining Inc - Holding(s) in Company
1832 Asset Management L.P. of Toronto, Canada crossed a notifiable threshold in Orosur Mining Inc on 09/12/2024, holding 13,477,904 voting rights, or 5.720186%, all attached to shares. The holding is held indirectly through the Dynamic Precious Metals Fund, an Ontario-registered mutual fund for which 1832 Asset Management L.P. is portfolio manager. The issuer was notified on 11/12/2024.
NewsOrosur Mining Inc - Positive Drill Results Continue at Anzá
Hole PEP014 at the Pepas prospect on the Anzá gold project in Colombia returned a composite intersection of 75.1m at 5.58g/t Au from surface, including 11.5m at 8.34g/t and 13.95m at 13.68g/t, with the hole ending at 78m after intersecting the basement fault at 75m. Assays from PEP015 are at the lab, and PEP016 is underway to test mineralisation down dip. Orosur now owns Anzá 100% following its purchase of former JV partner Minera Monte Aguila.
Drill resultsOrosur Mining Inc - AGM Results & Investor Q&A Session
All resolutions were passed at Orosur Mining's AGM held 12 December 2024, with 49,022,607 shares voted, about 20.8% of the 235,620,423 shares outstanding at the 4 November 2024 record date. The board was set at four directors, with Louis Castro, Bradley George, Thomas Masney and Nick von Schirnding elected and Baker Tilly WM LLP appointed auditors. The company granted 970,000 deferred share units, 850,000 to Castro and 120,000 to von Schirnding, replacing 3,440,000 cancelled stock options; total options, RSUs and DSUs now stand at 10,988,332, or 4.6% of non-diluted share capital.
CorporateOrosur Mining Inc - Exercise of Warrants
899,280 new common shares have been issued following the exercise of warrants at US$0.0494 (approximately 3.697p) each, for total consideration of US$44,424. Admission to trading on AIM is expected to become effective at 8:00am UK time on or around 16 December 2024. Following Admission, Orosur Mining's issued share capital will comprise 236,519,703 common shares.
FinancingOrosur Mining Inc - Colombia update
Hole PEP013 at the Pepas prospect on the Anzá Project in Colombia returned a composite intersection of 77.3m at 7.68g/t Au from surface, including 18.75m at 11.02g/t and 16.80m at 13.29g/t; the hole was terminated at 85m after intersecting a basement fault at 79m. Assays from PEP014 are expected shortly, PEP015 has been completed with samples sent to the lab, and a platform is being prepared for PEP016. Anzá is now 100% owned following the Minera Monte Aguila purchase completed 28 November 2024, expanding the project to roughly 400km2.
CorporateOrosur Mining Inc - Colombia update
The first hole of a new drilling program at the Pepas prospect, Anzá Project, Colombia, PEP012, returned 66.75m at 5.64g/t Au from surface, including 12.45m at 10.16g/t Au from 17.15m; the hole hit a fault at 67m and ended at 93m. A second hole, PEP013, was completed on 29 November 2024 with samples being submitted for assay, and a third hole, PEP014, is due to start shortly. Anzá is now 100% owned by Orosur following the purchase of Minera Monte Aguila, increasing the project area to over 400km2.
CorporateOrosur Mining Inc - Colombia Update
The acquisition of Minera Monte Aguila S.A.S. has been completed, giving Orosur 100% indirect ownership and operatorship of the Anzá Gold Project in Colombia's Mid-Cauca belt with no upfront payments. Waymar Resources Ltd. acquired all issued MMA shares from Agnico Eagle and Newmont under a share purchase agreement, on the terms announced on September 10, 2024. Drilling at Pepas, a program of six or seven holes totalling roughly 800m, has begun, with the first hole (PEP-012) completed and samples submitted to a Medellin laboratory.
CorporateOrosur Mining Inc - Colombia update
Drilling has commenced at the Pepas prospect on the Anzá Project in Colombia, with six or seven holes planned for roughly 800m over approximately six weeks, aimed at defining the orientation and litho-structural controls of high-grade gold intersected in 2022 holes PEP-001 (150m @ 3.0g/t Au from surface), PEP-005 (35.5m @ 2.12g/t Au) and PEP-007 (80.55m @ 3.05g/t Au). Completion of the acquisition of Minera Monte Aguila SAS, returning Orosur to 100% ownership, is expected in the next few weeks.
CorporateOrosur Mining Inc - Notice of Annual and Special Meeting and Q&A
Notice of the Annual and Special Meeting, including the Management Information Circular and proxy forms, has been posted to shareholders, with the meeting to be held on 12 December 2024 at 12pm GMT at the offices of SP Angel Corporate Finance LLP, Prince Frederick House, 35-39 Maddox Street, London. CEO Brad George and Chairman Louis Castro will hold a live investor Q&A session via the Investor Meet Company platform on Monday 16 December at 5.30pm GMT.
CorporateOrosur Mining Inc - Issuance of Options and RSUs
A total of 4,000,000 stock options and 4,723,332 RSUs have been granted to directors, officers, employees and consultants, with the options exercisable at Cdn$0.06 per share until November 1, 2034, being the October 31, 2024 TSXV closing price and a 19.6% premium to the AIM close. A further 1,693,332 RSUs were granted to replace 5,758,332 cancelled options. Total shares under option and RSU now stand at 13,596,665, or 5.8% of non-diluted issued share capital.
CorporateOrosur Mining Inc - Results for First Quarter ended August 31, 2024
A net loss of US$279,000 was reported for the first quarter ended August 31, 2024, versus US$614,000 a year earlier, with cash of US$710,000 at quarter end (May 31, 2024: US$1,328,000) and US$1,150,000 as at the announcement date. After quarter end, on September 10, 2024, a sale and purchase agreement was signed to acquire MMA from Newmont and Agnico subsidiaries, restoring 100% ownership of the Anza gold project in Colombia, with no upfront cash and consideration comprising a 1.5% net smelter royalty plus US$75 per ounce on the first 200,000 gold equivalent ounces. A placing on September 30, 2024 raised £835,000 before expenses via 30,035,971 shares at 2.78 pence.
CorporateOrosur Mining Inc - Colombia update
Sampling at the Pepas prospect on the Anzá Project in Colombia returned channel rock-chip results over an area roughly 120m in length, with multiple results over 2g/t Au, several over 5g/t Au and one of 80g/t Au. Two abandoned artisanal tunnels, each roughly 20m long, were channel sampled at 1m composites, returning 0.35g/t to 10.16g/t Au in tunnel A and up to 195g/t Au in tunnel B. Orosur plans new holes collared near tunnel B's entrance to intersect PEP-001, and will map El Cedro and El Roble, where porphyry lithologies cover about 2km x 2km with gold values up to 10g/t Au, to identify drill targets.
CorporateOrosur Mining Inc - Investor Webinar
An investor webinar will be held on 22nd October at 5pm UK time via the Investor Meet Company platform, hosted by Chairman Louis Castro and CEO Brad George, with a Q&A session following the presentation. It is open to existing and potential shareholders, with questions accepted in advance until 9am UK time on the day or during the live event. Orosur is a mineral explorer and developer with operations in Colombia, Argentina and Nigeria.
CorporateOrosur Mining Inc - Colombia update
TSX Venture Exchange approval has been granted for the transaction returning Orosur to 100% ownership of the Anzá gold project in Colombia, subject to the terms and deferred consideration outlined in the Company's September 10, 2024 announcement. Orosur is progressing toward technical completion of the transaction, with a view to commencing field activities at Anzá as soon as possible.
CorporateOrosur Mining Inc - Admission, issue of new common shares and warrants
30,035,971 new common shares were admitted to trading on AIM on 4 October 2024 at a placing price of £0.0278 (CAD$0.05), taking total issued shares with voting rights to 235,620,423. The Company also issued 15,017,986 warrants exercisable at US$0.0494 (approximately 3.697p), expiring 4 October 2026. Joint broker Turner Pope received a 6 per cent fee of £50,100, a £30,000 corporate finance fee and 3,003,597 broker warrants exercisable at the placing price for five years.
NewsOrosur Mining Inc - Full Year 2024 Results
Audited results for the fiscal year ended May 31, 2024 show a net loss of $3,378,000 (including a $1,841,000 impairment) versus $1,787,000 a year earlier, and a cash balance of $1,328,000 at year end against $3,748,000 in 2023. Post year end, a sale and purchase agreement signed September 10, 2024 will return 100% of the Anza Project in Colombia to Orosur, with no upfront cash, a 1.5% net smelter royalty and US$75 per ounce on the first 200,000 gold equivalent ounces, subject to TSXV approval. Placings raised £500,000 at 2.95 pence in February 2024 and £835,000 at 2.78 pence on September 30, 2024.
CorporateOrosur Mining Inc - Share Placing
A placing has raised £835,000 before expenses through 30,035,971 new common shares at 2.78 pence each, a discount of approximately 15 per cent to the 27 September 2024 closing mid-market price, with one warrant exercisable at US$0.0494 for every two shares subscribed. Proceeds will largely fund the Anzá project in Colombia, including drilling at Pepas and consultants assessing 38,000m of drilling at APTA for a possible Mineral Resource Estimate. Admission to AIM is expected around 4 October 2024, taking shares in issue to 235,620,423.
FinancingOrosur Mining Inc - Colombia update
A signed share purchase agreement will return Orosur to 100% ownership and operatorship of the Anzá gold project in Colombia's Mid-Cauca belt, acquiring Minera Monte Águila from Newmont and Agnico subsidiaries with no cash payable at closing. Consideration is a 1.5% aggregate NSR royalty on future production plus fixed royalties of US$75 per gold equivalent ounce on the first 200,000 ounces, contingent on commercial production. Closing requires customary conditions and TSXV approval; initial focus will be the Pepas discovery.
CorporateOrosur Mining Inc - Colombia update
Work continues on finalising the share purchase agreement and ancillary agreements for the transaction announced on March 25, 2024, under which Orosur would re-acquire a 100% ownership interest in the Anzá gold project in Colombia, along with seeking TSXV regulatory approval. There are no material changes to the previously announced terms. CEO Brad George said the finer details have proven more complex than initially anticipated, resulting in substantial delays to completion.
CorporateOrosur Mining Inc - Colombia update
Negotiations continue on the previously announced acquisition of Minera Monte Águila SAS, which would return Orosur to 100% ownership of the Anzá gold project in Colombia, with no material changes to the terms of the March 25, 2024 non-binding letter of intent. Consideration remains a 1.5% net smelter royalty plus deferred cash payments contingent on future production. Finalisation of details and determination of the need for approvals will continue in July, with the Company stating it has largely completed preparations to resume operational control and begin exploration on completion.
CorporateOrosur Mining Inc - Colombia update
Negotiations to acquire Minera Monte Águila SAS, which would give Orosur 100% ownership of the Anzá gold project in Colombia, are progressing, with definitive documentation extending into June. Consideration under the non-binding LOI announced 25 March 2024 comprises a 1.5% net smelter royalty and deferred cash payments contingent on future production. The acquisition requires TSXV approval and compliance with MI 61-101, as Newmont holds 14% of Orosur. Technical and commercial teams have been planning and consulting communities to reassume operatorship after completion.
CorporateOrosur Mining Inc - Argentina Update
Mapping and geochemical sampling at the El Pantano gold-silver project in Santa Cruz province, Argentina, completed at the end of April 2024, identified a SE-NW trending low-sulphidation epithermal rift system about 20km in strike length and 6km wide, with anomalous arsenic, mercury, lead, zinc and copper. Environmental studies for Santa Cruz drilling permits have been submitted, with permits expected later in the year, allowing drilling by year-end. Field teams shift to the Anzá gold project in Colombia over the Argentine winter.
CorporateOrosur Mining Inc - Results for Third Quarter ended February 29, 2024
Unaudited results for the third quarter ended February 29, 2024 show a net loss of $1,325,000 for the nine months, versus $226,000 a year earlier, and cash of $1,982,000 at quarter end (May 31, 2023: $3,748,000), falling to $1,650,000 as at the date of the MD&A. Post-period, a non-binding letter of intent signed March 22, 2024 would see Orosur repurchase MMA's interest in Colombia's Anza project for a 1.5% net smelter return royalty and up to US$15 million in production-linked cash payments, targeted for completion by end-May 2024. The company will terminate its JV with Meridian Mining UK Societas on Brazil's Ariquemes tin project.
CorporateOrosur Mining Inc - Colombia update
A non-binding letter of intent signed on March 22 with Minera Monte Águila, the 50/50 Newmont–Agnico Eagle joint venture, would see Orosur repurchase MMA's 51% interest in the Anzá gold project in Colombia, returning it to 100% ownership. Consideration is a 1.5% net smelter return royalty plus cash payments of up to US$15 million contingent on agreed production thresholds. Completion is expected as early as end-April 2024, subject to definitive documentation and due diligence, with preparations underway to resume operatorship and drilling.
CorporateOrosur Mining Inc - Administrative Update & Options Exercise
The TSX-V has approved Orosur's new equity incentive plan, adopted by shareholders on 20 December 2023, allowing grants of stock options, restricted share units and deferred share units, with a maximum of 18,856,030 common shares issuable, replacing the prior stock option plan. Separately, a former employee exercised 75,000 options at Cdn$0.05 each, with AIM admission expected around 29 February 2024, taking shares in issue to 205,584,452 and options outstanding to 10,631,665.
CorporateOrosur Mining Inc - Issue of new common shares and issue of warrants
16,949,152 new common shares were admitted to trading on AIM on 21 February 2024 at a placing price of £0.0295 (CAD$0.0502), taking total issued and outstanding shares with voting rights to 205,509,452. The Company also issued 16,949,152 unlisted warrants exercisable at US$0.0558 (CAD$0.0758 or 4.425p), expiring 21 February 2026. Joint broker Turner Pope received a 6 per cent placing fee (£30,000), a £30,000 corporate finance fee and 1,694,915 broker warrants exercisable at the placing price for five years.
FinancingOrosur Mining Inc - Share Placing
A placing of 16,949,152 new common shares at 2.95 pence each has raised £500,000 before expenses, a 24 per cent discount to the 14 February 2024 closing mid-market price, with one warrant exercisable at US$0.0558 (approximately 4.425p) until 21 February 2026 granted per placing share. Proceeds will fund exploration projects while negotiations with partners in Colombia are concluded. Admission to AIM is expected at 8.00am on or around 21 February 2024, taking shares in issue to 205,509,452.
FinancingOrosur Mining Inc - Results for Second Quarter ended November 30 2023
Unaudited results for the quarter ended November 30, 2023 show a net loss of $256,000 (versus net income of $436,000 a year earlier) and a cash balance of $2,104,000 at November 30, 2023, down from $3,748,000 at May 31, 2023; cash was $1,722,000 at the date of the MD&A. Exploration was wound back in Colombia, while work continued in Brazil, Argentina and Nigeria, where two further licences took land under title to 533km2. Discussions continue on acquiring Monte Aguila's interest in the Anza Project.
CorporateOrosur Mining Inc - Colombia Update
Discussions are underway that could see Orosur acquire Minera Monte Águila's 51% interest in the Anzá Project in Colombia, returning the Company to a direct or indirect 100% interest. MMA, a 50/50 joint venture between Newmont and Agnico Eagle and the current operator, earned its 51% under a September 7, 2018 Exploration Agreement and had advised it was reviewing its continued involvement. Negotiations are not final, with no certainty a transaction will be agreed or on what terms.
Corporate
202318 releases
Orosur Mining Inc - AGM Results
All resolutions put to shareholders at Orosur Mining's Annual General Meeting, held at 10:00 a.m. EST on 19 December 2023, were passed. These included setting the number of directors at four, electing Bradley George, Thomas Masney, Louis Castro and Nick von Schirnding, appointing Baker Tilly WM LLP as auditors, approving a new Equity Incentive Plan, and approving the cancellation of existing stock options and issue of Restricted Stock Units. A total of 37,810,001 of 188,560,300 shares were voted, about 20.1%.
CorporateOrosur Mining Inc - Lithium JV, Nigeria
First mapping and sampling at exploration licence EL 43953, part of the Lithium West joint venture in Nigeria, returned several pegmatite samples above 2% LiO2 from approximately 70 of several hundred samples analysed by XRF and LIBS, with substantial areas showing K/Rb ratios below 100 and several locations below 50. Mapped pegmatite swarms extend over several kilometres of strike, with widths from sub-metre to over 30m. Two additional licences have been confirmed, taking the JV land position to 533km2 from 323km2, with no additional expenditure required. Crews have moved to the remaining licences, with results expected in coming weeks.
AcquisitionOrosur Mining Inc - Notice of AGM and Investor Q&A Session
The Notice of Annual General Meeting, Management Information Circular and proxy forms have been posted to shareholders and are available on the company website. The AGM will be held on 19 December 2023 at 10am EST at the offices of Fasken Martineau DuMoulin LLP, 333 Bay Street, Suite 2400, Toronto, Ontario. CEO Brad George and Chairman Louis Castro will hold a live investor Q&A via Investor Meet Company at 11.30am EST (4.30pm GMT) the same day.
CorporateOrosur Mining Inc - Results for First Quarter ended August 31, 2023
Unaudited results for the quarter ended August 31, 2023 show a net loss of $614,000, versus a $357,000 loss a year earlier, with cash of $3,186,000 at period end (May 31, 2023: $3,748,000) and $2,350,000 as at the date of the announcement. In Colombia, negotiations continued with Monte Aguila on a shareholders agreement for a new mining company to be 51% owned by Monte Aguila and 49% by Orosur; Brazil sampling assays from Oriente Novo and Paraiso are expected imminently.
CorporateOrosur Mining Inc - Investor Webinar
CEO Brad George will present at an investor webinar on Thursday 26 October 2023 at 5:30pm UK time, hosted by joint broker Turner Pope Investments and open to existing and prospective investors, with a Q&A session following the presentation. The webinar will cover the Company's move into lithium exploration in Nigeria through a joint venture with Jurassic Mines Ltd. and its other portfolio activities in Colombia, Argentina and Brazil.
CorporateOrosur Mining Inc - Lithium JV, Nigeria
An exploration joint venture has been signed with Nigerian company Jurassic Mines Ltd covering four exploration licences totalling circa 322km2 across Nigeria's primary pegmatite belt, prospective for lithium. Through new UK subsidiary Lithium West Limited, Orosur can earn 51% by spending US$3m over a maximum of three years, and a further 19% (to 70%) by spending an additional US$2m over a maximum of two years. Field programs, starting with preliminary reconnaissance, begin immediately with geologists and equipment in place.
AcquisitionOrosur Mining Inc - Full Year 2023 Results
Audited results for the fiscal year ended May 31, 2023 show a net loss of $1,787 thousand (versus $1,111 thousand a year earlier) and a cash balance of $3,748 thousand at year end, down from $4,221 thousand, with cash of $2,874 thousand as at the date of the MD&A. During the year the Company received the US$2 million Phase 2 option payment for the Anzá Project in Colombia, where JV partner Monte Aguila advised on May 4, 2023 it had reduced expenditures and placed the project in care and maintenance. Exploration continued at El Pantano in Argentina and Ariquemes in Brazil, and Omar González was appointed CFO.
CorporateOrosur Mining Inc - Operational Update, Brazil
Exploration has moved to a new phase at the Ariquemes Tin Project in Rondonia State, Brazil, following completion of a regional stream sediment program across the licence area that mapped large areas of tin and niobium anomalism. At the Oriente Novo licence, a handheld mechanised auger will sample to 5m, with metre intervals and periodic holes to 20m, over roughly six weeks, with assays by local XRF. At Paraiso, north of the Bom Futuro mine, altered mineralised granites and pegmatites were located and samples submitted for assay, with results expected in several weeks. Ariquemes is a joint venture with Meridian Mining UK, under which Orosur can earn 75% by spending US$4m over four years.
CorporateOrosur Mining Inc - Appointment of New Auditor
Baker Tilly WM LLP has been appointed as auditor to Orosur Mining Inc and the Group, on the recommendation of the company's audit committee. The appointment replaces PwC. Orosur operates in Colombia, Argentina and Brazil, with discontinued operations in Uruguay.
ManagementOrosur Mining Inc - Directors Purchase of shares
Three directors and officers bought shares on 5 May and 9 May 2023: CEO Brad George acquired 150,000 common shares at 4.85p, Executive Chairman Louis Castro acquired 60,000 shares (40,000 at 4.7798p and 20,000 at 4.804p), and Corporate Counsel and Secretary Joaquin Sarroca acquired 60,000 shares at CAD 0.09 (5.33p). Their resulting holdings are 312,000 shares (0.17 per cent), 205,000 shares (0.11 per cent) and 110,344 shares (0.06 per cent) respectively.
CorporateOrosur Mining Inc - Investor Webinar
An investor webinar hosted by London South East will be held on Monday 15th May 2023 at 6pm UK local time, with Chairman Louis Castro and CEO Brad George presenting. Attendees will be able to ask questions following the presentation, and registration is free. Orosur is a mineral explorer and developer focused on South America, with current operations in Colombia, Brazil and Argentina.
CorporateOrosur Mining Inc - Operational Update
Minera Monte Águila, the 50/50 Newmont–Agnico Eagle joint venture that holds a 51% interest in the Anzá project in Colombia, has reduced exploration spending and placed the project in care and maintenance while reviewing its involvement; Orosur says it is prepared to reassume operatorship. At El Pantano in Santa Cruz, Argentina, mapping and ground magnetics identified a NW-SE structural corridor over 20km long and 5km wide, plus more than 70 quartz veins over 20km² to the north. Work continues to mid-May 2023, with assays and magnetic data due in June, drill permitting starting in May 2023 and programs resuming in September 2023.
CorporateOrosur Mining Inc - Third Quarter Results for 2022/23
Results for the third quarter ended February 28, 2023 show a cash balance of $4,151k, versus $4,221k at May 31, 2022, and $3,857k as at the date of the announcement, with a total comprehensive loss for the quarter of $304k. The US$2 million Phase 2 option payment from Minera Monte Aguila for the Anzá Project in Colombia was received on March 2, 2023, with exploration wound back pending joint venture restructuring. All 10,897,058 outstanding warrants expired on December 7, 2022.
CorporateOrosur Mining Inc - Operational Update
A US$2m option payment from Minera Monte Águila, a 50/50 Newmont–Agnico Eagle joint venture, has been received in connection with the move to Phase 2 of the Anzá joint venture in Colombia, taking Orosur's cash to over US$4m; Phase 2 requires MMA to spend US$20m over a maximum of four years to lift its stake to 65%. Final Pepas holes PEP10 and PEP11 did not intersect substantial mineralisation. Mapping and sampling at El Pantano, Santa Cruz, Argentina, has outlined mercury and arsenic anomalism over more than 8km of strike, with permitting underway for drilling later this year. Regional sampling at the Ariquemes tin project in Brazil is complete, with results pending.
CorporateOrosur Mining Inc - Second Price Monitoring Extn
RNS Number : 1847R Orosur Mining Inc 27 February 2023 Second Price Monitoring Extension A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5…
NewsOrosur Mining Inc - Price Monitoring Extension
The auction call period in Orosur Mining Inc shares has been extended by 5 minutes under a London Stock Exchange price monitoring extension. Such extensions are triggered when the matching process would otherwise result in an execution price a pre-determined percentage above or below the price of the most recent automated execution that day.
CorporateOrosur Mining Inc - Second Quarter Results for 2022/23
Results for the second quarter ended November 30, 2022 show a cash balance of US$2,906k at quarter end (US$4,221k at May 31, 2022), with US$3,549k as at the date of the announcement, and a net loss from continued operations of US$543k for the quarter. At the Anzá project in Colombia, JV partner Monte Águila completed Phase 1 obligations including US$10 million of investment, and the US$2 million Phase 2 payment will be paid soon; the new Mining Company will be 49% Orosur and 51% Monte Águila. Drill results included PEP007 at 80.55m @ 3.05g/t Au from surface. In Uruguay, Loryser finished tailings dam remediation and began a one-year post-closure control phase.
CorporateOrosur Mining Inc - Colombia update
Negotiations with Minera Monte Águila (a Newmont–Agnico Eagle joint venture) on Mining Company Constituent Documents for the Anzá gold project in Colombia are advancing, and MMA has agreed to pay the US$2 million Phase 2 Payment in advance of finalising those documents, with funds expected soon. A new Colombian joint venture entity is being formed, expected to take several months, to be owned 49% by Orosur and 51% by MMA, with MMA as manager. MMA may earn a further 14% by spending US$20 million on qualifying exploration within four years.
Corporate
202239 releases
Orosur Mining Inc - Second Price Monitoring Extn
A second and final price monitoring extension has been activated in Orosur Mining's security on the London Stock Exchange, extending the auction call period by a further 5 minutes. Following the first extension, the security would still have executed more than a pre-determined percentage above or below the price of the most recent automated execution that day.
NewsOrosur Mining Inc - Price Monitoring Extension
The auction call period in Orosur Mining shares has been extended by 5 minutes on the London Stock Exchange. Price monitoring extensions are triggered when the matching process would otherwise produce an execution price a pre-determined percentage above or below the price of the most recent automated execution that day, with the applicable percentage set by the security's Millennium Exchange sector.
CorporateOrosur Mining Inc - AGM Results & Notification of Investor Q&A Session
All resolutions put to shareholders at Orosur Mining's Annual General Meeting, held at 12:00 p.m. GMT on 2 December 2022, were passed. A total of 35,561,715 common shares of the 188,560,300 outstanding at the 26 October 2022 record date were voted, about 18.9% of issued shares; the board was set at four directors, Bradley George, Thomas Masney, Louis Castro and Nick von Schirnding were elected, and PricewaterhouseCoopers LLP was appointed auditor. CEO Brad George and Chairman Louis Castro will hold a live Investor Meet Company Q&A on 5 December 2022 at 10.00am UK time.
CorporateOrosur Mining Inc - Second Price Monitoring Extn
RNS Number : 4199I Orosur Mining Inc 02 December 2022 Second Price Monitoring Extension A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5…
NewsOrosur Mining Inc - Price Monitoring Extension
RNS Number : 4195I Orosur Mining Inc 02 December 2022 Price Monitoring Extension The auction call period has been extended in this security by 5 minutes. Auction call extensions give London Stock Exchange electronic order book users a…
CorporateOrosur Mining Inc - Colombia update
Assay results from four additional diamond drill holes at the Pepas and Pupino prospects on the Anzá Project in Colombia returned no significant results at PEP006 and PUP002, 1.60m at 1.05 g/t Au in PEP008, and 37.05m at 0.30 g/t Au plus 14.05m at 0.38 g/t Au in PEP009. Operator Minera Monte Águila has temporarily suspended drilling to focus on mapping, sampling and trenching. Finalisation of Phase 2 of the joint venture, requiring MMA to invest US$20M over up to four years, is expected within the next few months.
CorporateOrosur Mining Inc - Notice of AGM and Investor Q&A Session
The Annual General Meeting will be held on 2 December 2022 at 12pm GMT at the offices of SP Angel Corporate Finance LLP, 35-39 Maddox Street, London, with the Notice of AGM, Management Information Circular and proxy forms posted to shareholders and available on the company website. CEO Brad George and Chairman Louis Castro will hold a live investor Q&A via Investor Meet Company on 5 December 2022 at 10.00am UK time, with questions accepted until 9am on 4 December.
CorporateOrosur Mining Inc - Results for First Quarter ended August 31, 2022
Unaudited results for the quarter ended August 31, 2022 show a net loss from continuing operations of US$428k (Q1 FY2022: US$185k) and a cash balance of US$3,634k at quarter end, down from US$4,221k at May 31, 2022, and US$3,033k as at the date of the announcement. JV partner Monte Águila issued a Phase 1 Earn-In Notice after investing US$10 million in the Anza Project, Colombia, giving Orosur 49% and Monte Águila 51% of a new mining company to hold the concessions. Drilling at Pepas returned 150.9m @ 3.00g/t Au from surface in PEP001 and 80.55m @ 3.05g/t Au from surface in PEP007, including 41.75m @ 5.24g/t.
CorporateOrosur Mining Inc - Second Price Monitoring Extn
A second and final Price Monitoring Extension has been activated in Orosur Mining's security on the London Stock Exchange, extending the auction call period by a further 5 minutes. Following the first extension, the security would still have executed more than a pre-determined percentage above or below the price of the most recent automated execution that day.
NewsOrosur Mining Inc - Price Monitoring Extension
RNS Number : 7070D Orosur Mining Inc 21 October 2022 Price Monitoring Extension The auction call period has been extended in this security by 5 minutes. Auction call extensions give London Stock Exchange electronic order book users a…
CorporateOrosur Mining Inc - Colombia update
Assay results from four additional diamond drill holes at the Pepas and Pupino prospects of the Anzá Project in Colombia returned 80.55m at 3.05g/t Au from surface in PEP007 (including 41.75m at 5.24g/t) and 36.85m at 2.13g/t Au from surface in PEP005, while PEP004 and PUP001 returned no significant results. PEP005 and PEP007 were drilled from the same pad as PEP001 in different directions; PEP007 was terminated at 134m in broken ground. Two further holes, PEP008 and PEP009, are underway from new pads, and drilling at Pupino has been temporarily suspended. The project is operated by Minera Monte Águila, a 50:50 joint venture between Newmont and Agnico Eagle.
CorporateOrosur Mining Inc - Full Year 2022 Results
Audited results for the fiscal year ended May 31, 2022 show a net loss from continuing operations of $1,445 thousand (2021: $1,712 thousand) and a cash balance of $4,221 thousand at year end, versus $6,958 thousand a year earlier and $3,390 thousand as at the date of the announcement. On September 8, 2022, JV partner Minera Monte Águila issued a Phase 1 Earn-In Notice after investing US$10 million in the Anzá Project, Colombia, leaving Orosur with an initial 49% of a new mining company holding the concessions. Also during the year Orosur signed JV agreements on the Ariquemes tin project in Rondônia, Brazil and the El Pantano gold/silver project in Santa Cruz, Argentina.
CorporateOrosur Mining Inc - Employee Options Exercise
40,000 common shares have been issued following the exercise of options by a former employee at C$0.05 per share. Admission to trading on AIM is expected to become effective at 8:00am UK time on or around 29 September 2022, after which the Company will have 188,560,300 common shares in issue and 11,499,999 options outstanding. No current board members or Company executives exercised any options.
FinancingOrosur Mining Inc - Colombia update
JV partner Minera Monte Águila, a 50/50 joint venture between Newmont and Agnico Eagle, has issued a Phase 1 Earn-In Notice for the Anzá gold project in Colombia after investing US$10 million, and will move to Phase 2 following negotiation of a joint venture agreement. The parties will form a new mining company to hold the project's concessions, owned 49% by Orosur and 51% by MMA, managed by MMA. MMA will pay Orosur US$2 million no later than early January 2023, and can earn a further 14% by spending US$20 million over up to four years.
CorporateOrosur Mining Inc - Second Price Monitoring Extn
RNS Number : 6687Y Orosur Mining Inc 07 September 2022 Second Price Monitoring Extension A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further…
NewsOrosur Mining Inc - Price Monitoring Extension
RNS Number : 6676Y Orosur Mining Inc 07 September 2022 Price Monitoring Extension The auction call period has been extended in this security by 5 minutes. Auction call extensions give London Stock Exchange electronic order book users a…
CorporateOrosur Mining Inc - Second Price Monitoring Extn
A second and final Price Monitoring Extension has been activated in Orosur Mining Inc shares on the London Stock Exchange, extending the auction call period by a further 5 minutes. Following the first extension, the security would still have executed more than a pre-determined percentage above or below the price of the most recent automated execution that day.
NewsOrosur Mining Inc - Price Monitoring Extension
RNS Number : 4496Y Orosur Mining Inc 06 September 2022 Price Monitoring Extension The auction call period has been extended in this security by 5 minutes. Auction call extensions give London Stock Exchange electronic order book users a…
CorporateOrosur Mining Inc - Colombia update
The first drill hole at the Pepas prospect in the north of the Anzá Project, Colombia, PEP001, returned 150.90m at 3.00g/t Au from surface, including 102.40m at 3.73g/t Au; PEP002 returned 37.25m at 0.54g/t Au and PEP003 several narrower intervals. Nine holes have been completed, attempted or are underway at Pepas and one completed at Pupino, with three rigs at Pepas and one at Pupino. JV partner Minera Monte Águila has exceeded its US$4 million spending obligation for the year ending September 6, 2022, completing its Phase 1 earn-in work requirement toward a 51% interest.
CorporateOrosur Mining Inc - Second Price Monitoring Extn
A second and final Price Monitoring Extension has been activated in Orosur Mining's security on the London Stock Exchange, extending the auction call period by a further 5 minutes. Following the first extension, the security would still have executed more than a pre-determined percentage above or below the price of the most recent automated execution that day. Electronic order book users have a final opportunity to review order prices and sizes before the auction execution.
NewsOrosur Mining Inc - Price Monitoring Extension
The auction call period in Orosur Mining's security has been extended by 5 minutes under a London Stock Exchange price monitoring extension. Such extensions are triggered when the matching process would otherwise produce an execution price a pre-determined percentage above or below the price of the most recent automated execution that day, with the percentage set by the security's Millennium Exchange sector.
CorporateOrosur Mining Inc - Block Listing Six Monthly Return
A block listing six monthly return for the period 24/02/2022 to 23/08/2022 shows no securities issued or allotted under the Unlisted Warrants scheme, and no increase to the scheme. The balance of unallotted securities remains 10,897,058 at the end of the period.
CorporateOrosur Mining Inc - Second Price Monitoring Extn
A second and final Price Monitoring Extension has been activated in Orosur Mining Inc's security on the London Stock Exchange, extending the auction call period by a further 5 minutes. Following the first extension, the security would still have executed more than a pre-determined percentage above or below the price of the most recent automated execution that day. Electronic order book users have a final opportunity to review order prices and sizes before the auction execution.
NewsOrosur Mining Inc - Price Monitoring Extension
The auction call period in Orosur Mining Inc shares was extended by 5 minutes on the London Stock Exchange. Price monitoring extensions are triggered when the matching process would result in an execution price a pre-determined percentage above or below the most recent automated execution price that day, with the applicable percentage set by the security's Millennium Exchange sector.
CorporateOrosur Mining Inc - Notification of Investor Webinar
CEO Brad George will present at the London South East Retail Investor Webinar on Tuesday 6 September 2022 at 6pm UK local time, with a question-and-answer session following the presentation. Registration is free via a link provided in the release. Orosur is a mineral explorer and developer focused on South America, with current operations in Colombia, Brazil and Argentina.
CorporateOrosur Mining Inc - Investor Presentation
The presentation given by management at an Investor Presentation held on 28 June is now available on Orosur Mining's website at www.orosur.ca. Orosur is a mineral explorer and developer focused on South America, with current operations in Colombia, Brazil and Argentina, and is listed on TSX-V and AIM under OMI.
CorporateOrosur Mining Inc - El Pantano, Argentina Update
Follow-up soil sampling at the La Esfinge prospect, El Pantano project, Santa Cruz Province, Argentina, returned gold in soil values up to 152ppb Au, defining a geochemical anomaly over a strike length in excess of 1km that remains open to east and west, with correlated pathfinder elements including Ag, As, Bi, Cu and In. The program comprised 13 additional soil sampling lines at nominal 120m spacing across the western end of the silicified ridge. Work has ceased for the winter recess, expected to last until early September, after which follow-up may include wider geochemistry, ground magnetics and mapping, potentially leading to drilling in the medium term.
CorporateOrosur Mining Inc - Shareholder/Investor Meeting and Presentation
A shareholder/investor meeting and presentation, followed by a Q&A session, will be held at 6.00pm on 28 June 2022 at 1 America Square Conference Centre, 17 Crosswall Street, London EC3N 2LB. Chairman Louis Castro and CEO Brad George will host. Pre-registration is required via orosur@flagstaffcomms.com, and no new material information will be released at the meeting. Orosur operates in Colombia, Brazil, Argentina and Uruguay.
CorporateOrosur Mining Inc - Colombia update
Assay results from the final five holes at the APTA prospect on the Anzá project in Colombia showed generally lower gold anomalism than earlier drilling, with high-grade base metals at depth, including MAP-105 returning 9.70m @ 0.17g/t Au, 2.59g/t Ag, 13.88% Zn and 0.91% Cu, and 5.95m @ 18% Zn and 1.4% Cu from 478m. MAP-104 returned 5.35m @ 2.62g/t Au. Drilling has moved north, with two rigs at Pepas and one at Pupino and a fourth being mobilised; first Pepas assays are expected in July.
CorporateOrosur Mining Inc - Shareholder/Investor Meeting and Presentation
A shareholder/investor meeting and presentation, followed by a Q&A session, will be held at 6.00pm on 28 June 2022 at 1 America Square Conference Centre, 17 Crosswall Street, London EC3N 2LB. Executive Chairman Louis Castro and CEO Brad George will host. Pre-registration is required via orosur@flagstaffcomms.com, and no new material information will be released at the meeting.
CorporateOrosur Mining Inc - El Pantano, Argentina Update
A first reconnaissance soil sampling program at the La Esfinge prospect, El Pantano, Argentina returned anomalous gold over a 3.3km strike length, with moderate anomalism over an additional 3.4km, plus arsenic, silver, bismuth, indium and copper anomalies across almost 7km. A total of 362 samples were taken on nine lines at about 1km spacing, with gold values above 24ppb Au and a high of 118ppb Au. Geological teams have remobilised for a roughly two-week infill program on the western half before winter.
CorporateOrosur Mining Inc - Third Quarter Results for 2021/22
Results for the third quarter ended February 28, 2022 show a cash balance of $4,791k, down from $6,958k at May 31, 2021, with cash of $4,478k as at the date of the MD&A. The net loss from continuing operations was $37k for the quarter and total comprehensive loss was $505k. During the period Orosur signed joint venture agreements on the Ariquemes tin project in Rondonia, Brazil with Meridian Mining (75% for US$3m over four years) and the El Pantano gold/silver project in Santa Cruz, Argentina with Deseado Dorado (100% for US$3m over five years). Post period, Anza drilling in Colombia returned 8.35m at 14.27 g/t Au and 59.15m at 0.91 g/t Au.
CorporateOrosur Mining Inc - Colombia update and Exercise of Options
Drilling has begun at the Pepas prospect at the Anzá project in Colombia, after 35 holes (MAP-072 to MAP-105) totalling 15,195 metres were drilled at the central APTA project since October 2020; samples from five holes (MAP-101 to MAP-105) are at the laboratory. Operator Minera Monte Águila, a 50/50 Newmont–Agnico Eagle joint venture, is importing two further man-portable rigs capable of drilling beyond 1,200 metres, expected on site in several weeks. Two employees exercised 100,000 options at Cdn$0.05, taking shares to 188,520,300.
CorporateOrosur Mining Inc - Orosur Mining Inc. - Directors purchase of shares
CEO Brad George and Executive Chairman Louis Castro each purchased 50,000 common shares of Orosur Mining on 23 March 2022, at 9.9935p and 9.920p respectively, on AIM. George now holds 162,000 common shares, or 0.09 per cent of issued share capital, and Castro holds 145,000 common shares, or 0.08 per cent.
CorporateOrosur Mining Inc - Orosur Mining Inc. - Argentina Update
Geological teams have mobilised to Santa Cruz Province, Argentina, to begin the first field exploration program at the El Pantano Gold/Silver Project, covering soil sampling across the La Esfinge prospect and mapping and rock chip sampling at San Antonio. The roughly two-week program is expected to collect about 400 soil samples and 30-50 rock chip samples. El Pantano comprises nine contiguous licences totalling 607km2 under a JV with Deseado Dorado S.A.S, allowing Orosur to earn 100% by investing US$3m over five years.
CorporateOrosur Mining Inc - Annual Stock Options Issuance
An aggregate of 4,120,000 stock options were granted to directors, officers and employees, comprising 2,400,000 to directors and 1,720,000 to officers and employees, vesting half immediately and half on the grant anniversary. The options are exercisable at Cdn$0.22 per common share on or before March 11th, 2027, a 22% premium to the March 10th, 2022 TSX Venture Exchange closing price. Total shares under option now stand at 11,639,999, or 6.2% of non-diluted issued share capital.
CorporateOrosur Mining Inc - Colombia update
Assay results from four diamond holes at the Anzá project in Colombia returned 6.05m @ 2.72g/t Au, 14.2m @ 1.84g/t Au and 8.35m @ 14.27g/t Au, 49.92g/t Ag, 3.93% Zn in MAP-098, and 59.15m @ 0.91g/t Au, 3.88g/t Ag, 0.39% Zn in MAP-100; MAP-099 returned no significant results. The MAP-098 high-grade structure lies over 100m below previous anomalous intersections. Regional mapping and rock chip sampling defined anomalous targets at Pupino, Pepas and Guaimarala, with permitting and access for drilling advancing.
CorporateOrosur Mining Inc - Investor Webinar
CEO Brad George will present at the London South East Natural Resources Investor Webinar on Tuesday 8 March 2022 from 6-8 pm UK local time, with a question-and-answer session following. Attendance is free via registration. Orosur is a mineral explorer and developer focused on South America, with current operations in Colombia, Brazil and Argentina.
CorporateOrosur Mining Inc - Block Listing Six Monthly Return
A block listing six monthly return for the period 24/08/2021 to 23/02/2022 was filed for Orosur Mining's unlisted warrants scheme. The balance of unallotted securities carried forward from the previous return was 10,897,058, with no increase applied for and no securities issued or allotted during the period, leaving 10,897,058 not yet issued at period end.
Corporate