Key facts
| Company | Orosur Mining Inc (TSXV: OMI) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Early exploration |
About Anzá Project
After being acquired by Orosur in 2014, the project saw little work as the Company focussed on its Uruguay operations, but since late 2020, Anzá was transformed into our main asset and one of the more exciting gold projects in the region.
News releases47 on file
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
NewsOrosur 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 acce
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
Drill resultsOrosur 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
Resource updateOrosur 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 applica
Drill resultsOrosur 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 E
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
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 M
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 bo
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. Proceed
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 r
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 so
Drill resultsOrosur 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 infi
Drill resultsOrosur 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, ha
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
Drill resultsOrosur 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. Pr
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
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 no
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 averag
CorporateOrosur 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
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 i
CorporateOrosur 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, an
Drill resultsOrosur 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 ex
FinancingOrosur 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 pu
Drill resultsOrosur 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 P
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% owne
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
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
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 n
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 - 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
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, conti
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 co
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
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 co
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 a
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. Negotia
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 ventu
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 P
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%
Corporate