Mining & Metals
Orosur Mining Says Developing New Drill Targets at Anza Project, Colombia
Orosur Mining (OMI.V) is developing new drill targets at its Anza project in Colombia, the company said in an update on Tuesday.The three target areas are Pepas, APTA, and El Cedro. So far, a drone mounted magnetic survey has been completed over El Cedro and APTA. It is expected that several weeks may be required to finalise processing of these data, which can then be used with the recent sampling data at El Cedro and drilling currently underway at APTA, to develop new drill targets in the region.Drilling can begin at El Cedro shortly once targeting and access permitting has been completed. Orosur noted that a cluster of gold porphyry intrusions in the south of the project area is also being mapped and sampled, with a view to potentially being drilled later in the first half of this year.Earlier this month, Orosur said a new zone of gold mineralisation was discovered 100 meters west of the Pepas deposit. The company has temporarily moved the Pepas rig to a new target several hundred metres to the south, to allow time for data from this recent drilling at Pepas West to be compiled and examined."With the possibility of three rigs operating soon on three prospects, Anza is now inexorably growing in scope, scale and complexity. The picture is emerging of a substantial mineralised province, the surface of which is only now starting to be scratched," said chief executive Brad George.Orosur Mining shares closed unchanged at $0.35 on the TSX Venture Exchange on Monday.
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