Orosur Mining’s shares rose 8% following promising drilling results from its Anzá gold project in Colombia. Key findings from the Pepas prospect confirmed significant gold mineralization, including a standout drill hole. The company, having gained full control of the project, is also conducting geological surveys and metallurgical testing to facilitate further exploration.
Orosur Mining Inc. has experienced a significant surge in share value, rising by as much as 8% following the release of favorable drilling results from its Anzá gold project in Colombia. This positive investor sentiment stems from assay results obtained from the Pepas prospect, which indicate extensive gold mineralization across substantial intervals, including a notable drill hole that recorded 62.5 meters at 5.4 grams per tonne of gold.
Since Orosur completed its acquisition of full control over the Anzá project in late 2024, following the buyout of its joint venture partner, the company has made rapid advancements at the site. The Anzá project is strategically located within Colombia’s Mid-Cauca gold belt, which is known for hosting several premier gold and copper deposits, enhancing its potential for investment.
In addition to drilling operations at Pepas, Orosur has initiated an aeromagnetic survey aimed at providing a more detailed geological mapping of the area. The company is also gearing up to explore an additional site known as the El Cedro prospect. To further support its developmental efforts, Orosur is conducting metallurgical testing to optimize gold processing techniques.
After an initial spike, the stock price has stabilized, showing an increase of 0.4p, bringing its value to 11.05p.
In summary, Orosur Mining Inc. has garnered positive attention in the market following encouraging drilling results from the Anzá gold project in Colombia, leading to an 8% surge in shares. The project, situated in a prolific gold-rich region, is set to benefit from ongoing geological surveys and metallurgical testing, which may enhance its overall prospects.
Original Source: www.proactiveinvestors.com
