Orosur Mining’s shares rose 8% after favorable drilling results from the Anzá project in Colombia, revealing significant gold mineralization. The company is actively progressing with the project and conducting various surveys and tests to further understand the geological and processing aspects of its gold resources.
Orosur Mining Inc. experienced an approximately 8% surge in share price during early trading on March 10, 2025, following the release of encouraging drilling findings from its Anzá gold project in Colombia. The latest assay results from the Pepas prospect demonstrated significant gold mineralization, highlighted by a notable drill hole yielding 62.5 meters at 5.4 grams per tonne of gold, while another conducted nearly 80 meters interception of mineralization.
Since acquiring complete ownership of the Anzá project late in 2024, after a buyout of its previous joint venture partner, Orosur has made rapid advancements. The project, located within Colombia’s Mid-Cauca gold belt, benefits from proximity to numerous prestigious gold and copper classifications.
In addition to the drilling at Pepas, Orosur has initiated an aeromagnetic survey aimed at obtaining more intricate geological insights of the terrain. Preparations for exploration at the El Cedro prospect are also underway, alongside ongoing metallurgical testing to enhance understanding of gold processing.
Following an initial share price surge, Orosur’s stock registered an increase of 0.4 pence, reaching a new value of 11.05 pence.
In conclusion, Orosur Mining Inc.’s recent drilling updates from the Anzá project have significantly boosted investor confidence, leading to a notable increase in share price. The promising mineralization results at Pepas and the strategic advancements, including aeromagnetic surveys and metallurgical testing, signify the company’s commitment to exploring and enhancing its gold prospects in Colombia’s rich mineral belt.
Original Source: www.proactiveinvestors.com
