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Orosur Mining prepares to start new drill programme in Colombia

Monday, October 2, 2017 6:25

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Orosur Mining Inc (LON:OMI) has updated investors on its upcoming drill programme at the Anzá gold project, in Colombia.

Following the group’s C$4mln financing, completed in August, it is now gearing up for a programme of 15,000 metres drilling as is aims to delineate a maiden resource estimate and expand on the known areas of mineralisation.

Preparation work is now underway ahead of drilling, expected to start later this month. First drill results are anticipated during the third quarter.

“We are pleased to announce that the resource definition drilling campaign at our high-grade Anzá project in Colombia, will start in October 2017 following the successful US$3.2m financing in August and recent contract execution with Logan Drilling,” said Ignacio Salazar, Orosur chief executive.

“Orosur is well advanced with its preparatory work for the drilling campaign and Logan is in the process of mobilizing drill rigs to the property at present.

“We look forward to commencing the drilling campaign before the end of the month.”

Story by ProactiveInvestors

Source: http://www.proactiveinvestors.com/companies/news/184925/orosur-mining-prepares-to-start-new-drill-programme-in-colombia-184925.html

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