Orosur Mining Shares Surge Following Positive Drilling Results in Colombia
Orosur Mining Inc. shares rose 8% after releasing positive drilling results from the Anzá gold project in Colombia. Key findings included substantial gold mineralisation at the Pepas prospect. The company has also started geological surveys and metallurgical testing to optimize processing methods, further enhancing project development.
Orosur Mining Inc. experienced a notable increase in share value, rising as much as 8% in early trading on March 10, 2025. This surge followed the company’s release of encouraging drilling results from its Anzá gold project located in Colombia, which have excited investors.
The fresh assay results from the Pepas prospect revealed significant gold mineralisation across substantial intervals. Noteworthy findings included a drill hole that recorded 62.5 meters with a gold concentration of 5.4 grams per tonne, along with another drill which intercepted nearly 80 meters of mineralisation in the area.
Since acquiring full control of the Anzá project in late 2024, Orosur has made rapid progress in its development. The project is situated within Colombia’s Mid-Cauca gold belt, a region renowned for its world-class deposits of gold and copper.
In addition to drilling at Pepas, Orosur has initiated an aeromagnetic survey aimed at providing a more detailed geological map of the region. The company is also set to explore the El Cedro prospect as part of its development strategy.
Moreover, Orosur is undertaking metallurgical testing to enhance its understanding of the processing methods for the gold extracted from the project. Following the initial spike in value, the company’s stock price registered an increase of 0.4 pennies, reaching 11.05 pennies.
In summary, Orosur Mining Inc. has made substantial advancements at its Anzá gold project in Colombia, driven by promising drilling results that significantly increased investor interest. The initiative includes comprehensive geological surveys and metallurgical testing, reflecting the company’s commitment to maximizing the project’s potential. This combination of promising mineralisation and strategic development is poised to enhance Orosur’s position within the mining sector.
Original Source: www.proactiveinvestors.com