Orosur Mining shares rose by 8% after announcing promising drilling results from the Anzá gold project in Colombia, specifically from the Pepas prospect. The company has made significant advancements since acquiring full control of the project, including initiating aeromagnetic surveys and metallurgical testing.
Orosur Mining Inc. has seen shares increase by as much as 8% in early trading following the disclosure of encouraging drilling results from its Anzá gold project in Colombia. Investors were particularly optimistic due to new assay findings from the Pepas prospect, which indicated significant gold mineralization over extensive intervals, including one drill hole that revealed 62.5 metres at 5.4 grams per tonne of gold. Another notable drill hole reported nearly 80 metres of mineralization.
Since securing full ownership of the Anzá project in late 2024, Orosur has been expediting its development and exploration efforts. This project is strategically located in Colombia’s Mid-Cauca gold belt, an area renowned for exceptional gold and copper deposits. In addition to the drilling activities at Pepas, the company has initiated an aeromagnetic survey aimed at enhancing geological mapping of the area and is also preparing to investigate its El Cedro prospect further.
Moreover, Orosur is conducting metallurgical testing to refine the techniques for processing its gold output. After a brief surge in stock price, shares increased by 0.4 pence, settling at 11.05 pence.
In summary, Orosur Mining has experienced a notable rise in share price following positive drilling results from its Anzá project, highlighting significant gold mineralization at the Pepas prospect. The company continues to advance exploration and geological analysis while preparing to develop other prospects within the region. Orosur’s proactive measures position it strongly within the competitive mining sector.
Original Source: www.proactiveinvestors.com
