Orosur Mining Inc Announces Infill Continues to Deliver, 71.85m @ 6.13g/t Au
Orosur Mining (TSXV:OMI) has announced exceptional drilling results from its 100% owned Anzá Gold Project in Colombia, with significant gold intersections at the Pepas prospect. The latest results include standout intercepts of 71.85m @ 6.13g/t Au from hole PEP052, continuing the project's strong performance following previous results like 62.3m @ 12.76g/t Au.
The company is advancing on multiple fronts: 45% completion of El Cedro soil sampling program in Colombia, and finalizing contracts for a maiden drilling program at El Pantano Gold/Silver Project in Argentina, scheduled to commence mid-October 2025. The El Pantano program will consist of 10-14 diamond holes totaling approximately 3000m, marking the first-ever drilling on the property.
The Pepas infill drilling program aims to establish a NI43-101 compliant Mineral Resource Estimate by year-end, with drilling designed to define boundaries and understand geological controls on mineralization.
Orosur Mining (TSXV:OMI) ha annunciato risultati di perforazione eccezionali nel suo progetto aurifero Anzá in Colombia, di cui detiene il 100%, con significative intersezioni d'oro presso il prospetto Pepas. Gli ultimi risultati includono intercetti notevoli di 71,85 m @ 6,13 g/t Au dal foro PEP052, proseguendo le solide performance del progetto dopo rilevamenti precedenti come 62,3 m @ 12,76 g/t Au.
La società procede su più fronti: il programma di campionamento del suolo a El Cedro è completato al 45% e sono in fase di definizione i contratti per un primo programma di perforazione al progetto El Pantano (oro/argento) in Argentina, che dovrebbe iniziare a metà ottobre 2025. Il programma a El Pantano comprenderà 10�14 fori diamantati per un totale di circa 3000 m, rappresentando la prima perforazione mai effettuata sulla concessione.
Il programma di perforazione di infill a Pepas mira a definire entro fine anno una stima delle risorse conforme alla NI43�101, con forature progettate per definire i limiti e comprendere i controlli geologici della mineralizzazione.
Orosur Mining (TSXV:OMI) ha anunciado resultados excepcionales de perforación en su Proyecto Aurífero Anzá en Colombia, del que es propietaria al 100%, con intersecciones de oro destacadas en el prospecto Pepas. Los últimos resultados incluyen interceptos destacados de 71,85 m @ 6,13 g/t Au del sondaje PEP052, manteniendo el buen rendimiento del proyecto tras anteriores resultados como 62,3 m @ 12,76 g/t Au.
La compañía avanza en varias áreas: el programa de muestreo de suelos en El Cedro está al 45% y se están finalizando contratos para un programa de perforación inicial en el Proyecto El Pantano (oro/plata) en Argentina, previsto para comenzar a mediados de octubre de 2025. El programa en El Pantano constará de 10�14 sondajes diamante por un total aproximado de 3000 m, siendo la primera perforación realizada en la propiedad.
El programa de perforación de relleno en Pepas tiene como objetivo establecer una Estimación de Recursos conforme a la NI43�101 antes de fin de año, con perforaciones diseñadas para definir los límites y comprender los controles geológicos de la mineralización.
Orosur Mining (TSXV:OMI)� 콜롬비아� 100% 소유 Anzá � 프로젝트에서 페파�(Pepas) 유망지에서 탁월� 시추 결과� 발표했습니다. 최신 결과에는 구멍 PEP052에서 나온 71.85m @ 6.13g/t Au와 같은 눈에 띄는 교차구간� 포함되어 있으�, 이전� 62.3m @ 12.76g/t Au � 우수� 성과가 이어지� 있습니다.
회사� 여러 과제� 병행하고 있습니다: 콜롬비아 El Cedro 토양 시료 프로그램은 45% 완료되었�, 아르헨티나의 El Pantano �/은 프로젝트에서� � 시추 프로그램 계약� 마무� 중이� 2025� 10� 중순 착수 예정입니�. El Pantano 프로그램은 � 3000m� � 길이� 10�14개의 다이아몬� 시추공을 포함하며, 해당 부지에서 실시되는 최초� 시추가 됩니�.
Pepas� 인필(infill) 시추 프로그램은 연말까지 NI43�101 기준� 자원추정(Mineral Resource Estimate) 수립� 목표� 하며, 시추� 광체 경계� 정의하고 광화� 지질학� 제어 요인� 파악하도� 설계되었습니�.
Orosur Mining (TSXV:OMI) a annoncé des résultats de forage exceptionnels sur son projet aurifère Anzá en Colombie, détenu à 100 %, avec d'importantes intersections aurifères au prospect Pepas. Les derniers résultats incluent des interceptions marquantes de 71,85 m @ 6,13 g/t Au depuis le trou PEP052, poursuivant les solides performances du projet après des résultats antérieurs tels que 62,3 m @ 12,76 g/t Au.
La société progresse sur plusieurs fronts : le programme d'échantillonnage de sols à El Cedro est à 45 % d'achèvement et les contrats pour un premier programme de forage au projet El Pantano (or/argent) en Argentine sont en cours de finalisation, avec un démarrage prévu à la mi-octobre 2025. Le programme d'El Pantano comprendra 10�14 forages diamantés pour un total d'environ 3000 m, constituant les premiers forages jamais réalisés sur la propriété.
Le programme de forage d'infill à Pepas vise à établir d'ici la fin de l'année une estimation des ressources minérales conforme à la NI43�101, les forages étant conçus pour définir les limites et comprendre les contrôles géologiques de la minéralisation.
Orosur Mining (TSXV:OMI) hat außergewöhnliche Bohrergebnisse von seinem zu 100 % gehaltenen Anzá-Goldprojekt in Kolumbien bekanntgegeben, mit bedeutenden Goldabschnitten am Pepas-Prospekt. Die neuesten Ergebnisse beinhalten hervorstechende Abschnitte von 71,85 m @ 6,13 g/t Au aus dem Bohrloch PEP052 und setzen die starke Performance des Projekts nach früheren Ergebnissen wie 62,3 m @ 12,76 g/t Au fort.
Das Unternehmen arbeitet an mehreren Fronten: Das Bodenprobenprogramm in El Cedro ist zu 45 % abgeschlossen und Verträge für ein erstes Bohrprogramm beim El Pantano Gold-/Silberprojekt in Argentinien werden finalisiert; der Beginn ist für Mitte Oktober 2025 geplant. Das Programm in El Pantano umfasst 10�14 Diamantbohrlöcher mit insgesamt etwa 3000 m und stellt die erste jemals auf dem Gelände durchgeführte Bohrung dar.
Das Infill-Bohrprogramm in Pepas zielt darauf ab, bis Jahresende eine NI43�101-konforme Mineralressourcenschätzung zu erstellen. Die Bohrungen sind so ausgelegt, dass sie Grenzen definieren und die geologischen Steuerungsfaktoren der Mineralisierung aufklären.
- Exceptional gold intercepts including 71.85m @ 6.13g/t Au from Pepas prospect
- Consistent high-grade mineralization from surface or near surface
- Progress toward NI43-101 compliant Mineral Resource Estimate by year-end
- 100% ownership of Anzá Project following completion of Share Purchase Agreement
- Expansion with new El Pantano drilling program in Argentina's prolific Deseado Massif region
- Additional US$2M spending requirement within two years to earn 100% of El Pantano Project
- Remote location of El Pantano requiring substantial infrastructure development
- Seasonal weather and access issues affecting El Cedro sampling program
Orosur Mining Inc - infill drilling continues to deliver, 71.85m @ 6.13g/t Au.
Assays from four more holes from the Pepas MRE infill program include:
PEP050 - 34m @ 2.33g/t Au from surface
PEP051 - 61.3m @ 3.36g/t Au
PEP052 - 71.85m @ 6.13g/t Au
El Cedro soil sampling
45% complete - first samples submitted for assay.Contracts being finalised for El Pantano (Argentina) drilling - planned to commence mid-October.
LONDON, UK / / August 26, 2025 / Orosur Mining Inc. ("Orosur" or the "Company") (TSXV:OMI)(AIM:OMI), is pleased to announce an update on the progress of exploration activities at the Company's flagship,
Anzá - Colombia
As announced on 14th July 2025, the Company took the formal decision to commence infill drilling at its Pepas gold prospect at Anzá with the objective of moving Pepas to a NI43-101 compliant Mineral Resource Estimate ("MRE") by the end of the year.
The first several holes of this program (announced 17th July 2025), vindicated this decision by returning exceptional widths and grades, especially hole PEP045 which returned 62.3m @ 12.76g/t Au.
The drill program has been designed in conjunction with external consultants to facilitate a MRE being calculated, with the multiple objectives of infilling previous drilling, expanding beyond current drilling to define the boundaries, and understanding the geological controls upon mineralisation and the variations in geology and grade across the deposit.
Holes will be drilled in an order that attempts to address these issues concurrently.
These four holes announced today are a continuation of this program and designed largely to infill to the required spacing to allow a MRE to be calculated to a high level of confidence. Drilling continues to return thick sequences of high-grade gold mineralisation, starting from surface or near surface.
Importantly, drilling is also providing guidance as to grade and mineralogical variation across the ore body that will allow our teams to define various metallurgical domains that will in turn form the basis of more advanced metallurgical studies that are planned to commence soon.
Hole Number | From (m) | To (m) | Interval (m) | Au (g/t) |
PEP050 | 0 | 34 | 34 | 2.33 |
including | 9.65 | 12.65 | 3 | 3.71 |
including | 23.3 | 25.4 | 2.1 | 9.4 |
PEP051 | 0 | 7.4 | 7.4 | 0.43 |
11.2 | 72.5 | 61.3 | 3.36 | |
including | 27.4 | 36.5 | 9.1 | 5.93 |
including | 39.3 | 48.9 | 9.6 | 5.31 |
PEP052 | 0 | 4.4 | 4.4 | 2.24 |
9.4 | 81.25 | 71.85 | 6.13 | |
including | 29.95 | 48.4 | 18.45 | 13.51 |
65.2 | 71.2 | 6 | 9.11 | |
PEP053 | 17 | 27.1 | 10.1 | 0.9 |
Table 1. Latest drill Intercepts, Pepas Prospect
Figure 2. Plan of holes
Figure 3. Section, PEP050
Figure 4. Section PEP051, PEP051 and PEP053
El Cedro - Anzá, Colombia
The El Cedro prospect is a large gold porphyry system, located toward the south of the Anzá project, on the same granted exploration licence as the Pepas and APTA deposits.
The Company has recommenced a large ridge and spur soil sampling program that had been previously suspended due to seasonal rain and access issues. This program is now roughly
The first batch of 40 samples from the restarted program have been submitted for assay this week, with results expected soon.
El Pantano - Argentina
The El Pantano Project is an early-stage gold/silver exploration project in Santa Cruz province, southern Argentina.
The Project comprises approximately 550km2 of contiguous licences in the prolific Deseado Massif region, roughly 45km from Anglo Gold's Cerro Vanguardia mining camp.
The El Pantano Project is subject to an Exploration & Joint Venture ("JV") agreement ("Agreement") with private Argentinean company DESEADO DORADO S.A.S and its shareholders ("Deseado"), the details of which were announced on February 15th 2022. The Company has earned a
The Company has been carrying out regional exploration at El Pantano for several years, including geological mapping, geochemical sampling, ground magnetics and induced polarisation geophysical surveys. These work programs have provided evidence suggestive of major rift-related low sulphidation epithermal system, of the type that has led to the development of major gold and silver deposits in the region.
Drill permits for El Pantano were obtained late in 2024, and the Company is now finalising drill contracts with a view to commencing drilling in mid-October 2025, the first drill program that has ever been undertaken anywhere on the property.
Between 10 and 14 diamond holes are planned for a total of approximately 3000m, targeting geological structures and geochemical/geophysical anomalies identified from previous work. Additional details will be provided once more precise timing is finalised.
The area is very remote and largely unpopulated and thus substantial effort has been required to plan and develop the necessary camp and access infrastructure for a drilling program of this size.
The Deseado Massif is a major gold producing area in Argentina and thus some necessary downstream infrastructure exists in the region. In particular, an international laboratory company has a fire assay facility in the regional town of Perito Moreno and thus a short assay turnaround time (for gold and silver) is anticipated.
Orosur CEO Brad George commented:
"Pepas remains on track and the high bar set by the early holes continues to be cleared on a regular basis. In the meantime, we are excited to be getting close to opening a second drilling front on our El Pantano project in Argentina. Early stage, but this is elephant country, and we like what we have seen thus far".
Colombia - ANZÁ Project ("Project")
The Anzá Project is now
The Project, which is located 50km west of Medellin, is easily accessible and boasts excellent infrastructure including water, power and communications as well as a large exploration camp.
From September 2018 to November 2024, the Anzá Project was under the control of its previous JV partner MMA, itself a 50/50 venture between the world's two largest gold miners, Agnico Eagle Mines and Newmont Mining.
Prospects
The Company is currently focussed on three prospects within the Anzá Project - Pepas, APTA and El Cedro. All three prospects are within the same granted exploration title that is broken into two, non-contiguous pieces (Figure 2).
Drilling is currently being undertaken at the Pepas prospect in the northern extent of the Anzá Project (pre-acquisition) over 10km north of the central base camp at APTA. In parallel, mapping and sampling is being undertaken over the El Cedro porphyry system in the south of the project area.
Figure 5. Main prospects, licences pre-MMA acquisition
Holes Drilled post MMA Transaction
38 holes have been drilled at Pepas since the MMA Transaction in November 2024.
Assay results are tabulated below.
Hole Number | From (m) | To (m) | Interval (m) | Au (g/t) |
PEP012 | 0 | 66.75 | 66.75 | 5.64 |
PEP013 | 0 | 77.30 | 77.30 | 7.68 |
PEP014 | 0 | 75.1 | 75.1 | 5.58 |
PEP015 | 23.5 | 63.7 | 40.2 | 3.75 |
PEP016 | 61.6 | 105.3 | 43.7 | 3.13 |
PEP017 | 56.1 | 96.3 | 40.2 | 2.06 |
PEP018 | 0 | 54.1 | 54.1 | 6.01 |
PEP019 | 0 | 44.3 | 44.3 | 1.63 |
PEP020 | 0 | 54.65 | 54.65 | 1.94 |
PEP021 | 0 | 107.05 | 107.05 | 6.22 |
PEP022 | 0 | 76.3 | 76.3 | 7.24 |
PEP023 | 0 | 15 | 15 | 1.7 |
PEP024 | 9.24 | 15.6 | 6.35 | 1.99 |
PEP025 | 0 | 10.1 | 10.1 | 1.45 |
16.5 | 79 | 62.5 | 5.4 | |
PEP026 | 0 | 14.8 | 14.8 | 0.57 |
43.6 | 72 | 28.4 | 2.52 | |
PEP027 | 1 | 80.15 | 79.15 | 2.0 |
PEP028 | 29.5 | 60.85 | 31.35 | 1.61 |
PEP029 | 0 | 30.7 | 30.7 | 0.31 |
PEP030 | 0 | 77.9 | 77.9 | 0.32 |
115.6 | 122.6 | 7 | 0.31 | |
PEP031B | 28.15 | 41.1 | 12.95 | 0.73 |
74.1 | 95.9 | 20.8 | 0.3 | |
PEP032 | 0 | 92 | 92 | 1.68 |
PEP033 | 0 | 21.3 | 21.3 | 5.88 |
PEP034 | 36 | 95 | 59 | 10.15 |
PEP035 | 0 | 11.4 | 11.4 | 2.71 |
PEP036B | 0 | 40.45 | 40.45 | 0.62 |
PEP037 | 0 | 3 | 3 | 0.65 |
PEP038 | 0 | 16.8 | 16.8 | 0.68 |
PEP039 | No significant intersections | |||
PEP040 | 0 | 10.25 | 10.25 | 1.35 |
PEP041 | 34.35 | 66.1 | 31.75 | 2.01 |
PEP042 | 104.8 | 107.55 | 2.75 | 1.41 |
116.45 | 119.7 | 3.25 | 4.89 | |
PEP043 | No significant intersections | |||
PEP044 | 5.8 | 44.3 | 38.5 | 6.01 |
PEP045 | 9.5 | 71.8 | 62.3 | 12.76 |
PEP046 | 0 | 53.2 | 53.2 | 3.36 |
PEP047 | 0 | 104 | 104 | 6.61 |
PEP048 | 0 | 32.3 | 32.3 | 3.65 |
PEP049 | 0 | 94.2 | 94.2 | 3.74 |
PEP050 | 0 | 34 | 34 | 2.33 |
PEP051 | 0 | 7.4 | 7.4 | 0.43 |
11.2 | 72.5 | 61.3 | 3.36 | |
PEP052 | 0 | 4.4 | 4.4 | 2.24 |
9.4 | 81.25 | 71.85 | 6.13 | |
PEP053 | 17 | 27.1 | 10.1 | 0.9 |
Table 2. Results to date, post MMA Transaction
For further information, visit , follow on X @orosurm or please contact:
Orosur Mining Inc
Louis Castro, Executive Chairman,
Brad George, CEO
[email protected]
Tel: +1 (778) 373-0100
SP Angel Corporate Finance LLP - Nomad & Joint Broker
Jeff Keating / Jen Clarke / Devik Mehta
Tel: +44 (0) 20 3470 0470
Turner Pope Investments (TPI) Ltd - Joint Broker
Andy Thacker/James Pope
Tel: +44 (0)20 3657 0050
Flagstaff Communications and Investor Communications
Tim Thompson
Mark Edwards
Fergus Mellon
[email protected]
Tel: +44 (0)207 129 1474
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Drill Hole Details - Pepas prospect 2022/2024 Programme*
Hole ID | Easting (m) | Northing (m) | Elevation asl (m) | Dip (°) | Azimuth (°) |
PEP-001 | 403384 | 705000 | 1001 | -50 | 150 |
PEP-002 | 403384 | 705000 | 1001 | -60 | 290 |
PEP-003 | 403240 | 705142 | 1001 | -49.60 | 95.2 |
PEP-004 | 403508 | 705671 | 838 | -59.8 | 99.8 |
PEP-005 | 403373 | 704990 | 1008 | -49.8 | 94.6 |
PEP-007 | 403374 | 704990 | 1008 | -69.9 | 170 |
PEP-008 | 403232 | 704803 | 971 | -50 | 60 |
PEP-009 | 403032 | 705057 | 1055 | -50 | 80 |
PEP-010 | 403375 | 705106 | 982 | -50.31 | 190.4 |
PEP-011 | 403573 | 704939 | 1001 | -50.3 | 255 |
PEP-012 | 403415 | 704890 | 997 | -56 | 352 |
PEP-013 | 403413 | 704887 | 997 | -50 | 43 |
PEP-014 | 403400 | 704910 | 1007 | -50 | 43 |
PEP-015 | 403375 | 704938 | 1017 | -50 | 43 |
PEP-016 | 403326 | 704912 | 999 | -50 | 43 |
PEP-017 | 403365 | 704848 | 976 | -40 | 47 |
PEP-018 | 403345 | 704851 | 977 | -45 | 43 |
PEP-019 | 403446 | 704890 | 991 | -45 | 43 |
PEP-020 | 403446 | 704890 | 991 | -75 | 43 |
PEP-021 | 403424 | 704935 | 1012 | -62 | 223 |
PEP-022 | 403424 | 704935 | 1012 | -42 | 223 |
PEP-023 | 403245 | 704927 | 969 | -50 | 43 |
PEP-024 | 403245 | 704927 | 969 | -78 | 43 |
PEP-025 | 403369 | 704888 | 1001 | -45 | 43 |
PEP-026 | 403339 | 704955 | 1008 | -63 | 50 |
PEP-027 | 403468 | 704909 | 1003 | -46 | 228 |
PEP-028 | 403398 | 704957 | 1012 | -58 | 223 |
PEP-029 | 403311 | 705018 | 1011 | -50 | 50 |
PEP-030 | 403311 | 705018 | 1011 | -50 | 000 |
PEP-031B | 403486 | 704901 | 998 | -52 | 220 |
PEP-032 | 403431 | 704861 | 982 | -60 | 15 |
PEP-033 | 403431 | 704861 | 982 | -65 | 100 |
PEP-034 | 403431 | 704861 | 982 | -45 | 315 |
PEP-035 | 403369 | 704882 | 996 | -45 | 223 |
PEP-036 | 403311 | 705152 | 989 | -45 | 30 |
PEP-037 | 403354 | 705227 | 958 | -50 | 210 |
PEP-038 | 403332 | 705219 | 967 | -45 | 128 |
PEP-039 | 403411 | 704798 | 957 | -45 | 73 |
PEP-040 | 403369 | 704882 | 995 | -80 | 212 |
PEP-041 | 403373 | 704936 | 1008 | -50 | 3 |
PEP-042 | 403396 | 705038 | 716 | -50 | 82 |
PEP-043 | 403298 | 704942 | 981 | -50 | 43 |
PEP-044 | 403402 | 704948 | 1011 | -62 | 33 |
PEP-045 | 403406 | 704949 | 1011 | -60 | 223 |
PEP-046 | 403420 | 704933 | 1007 | -53 | 43 |
PEP-047 | 403414 | 704927 | 1008 | -74 | 223 |
PEP-048 | 403448 | 704922 | 1005 | -54 | 043 |
PEP-049 | 403447 | 704920 | 1005 | -55 | 223 |
PEP-050 | 403459 | 704905 | 1003 | -45 | 43 |
PEP-051 | 403391 | 704928 | 1011 | -61 | 43 |
PEP-052 | 403391 | 704928 | 1011 | -87 | 43 |
PEP-053 | 403391 | 704929 | 1012 | -60 | 223 |
* Coordinates WGS84, UTM Zone 18
About Orosur Mining Inc.
Orosur Mining Inc. (TSXV: OMI; AIM: OMI) is a minerals explorer and developer currently operating in Colombia, Argentina and Nigeria.
About the Anzá Project
Anzá is a gold exploration project, comprising three exploration licences, and a large number of licence applications, totalling 399km2, in the prolific Mid-Cauca belt of Colombia.
The Anzá Project is currently wholly owned by Orosur via its subsidiaries, Minera Anzá S.A. and Minera Monte Aquila S.A.S.
The project is located 50km west of Medellin and is easily accessible by all-weather roads and boasts excellent infrastructure including water, power, communications and large exploration camp.
Qualified Persons Statement
The information in this news release was compiled, reviewed, verified and approved by Mr. Brad George, BSc Hons (Geology and Geophysics), MBA, Member of the Australian Institute of Geoscientists (MAIG), CEO of Orosur Mining Inc. and a qualified person as defined by National Instrument 43-101.
Orosur Mining Inc. staff follow standard operating and quality assurance procedures to ensure that sampling techniques and sample results meet international reporting standards.
Drill core is split in half over widths that vary between 0.3m and 2m, depending upon the geological domain. One half is kept on site in the Minera Anzá core storage facility, with the other sent for assay.
Industry standard QAQC protocols are put in place with approximately
Samples for holes PEP-001 to PEP-011 were sent to the Medellin preparation facility of ALS Colombia Ltd, and then to the ISO 9001 certified ALS Chemex laboratory in Lima, Peru.
Samples from PEP-012 onwards are sent to Medellin laboratory of Actlabs for preparation and assay.
30 gram nominal weight samples are then subject to fire assay and AAS analysis for gold with gravimetric re-finish for overlimit assays of >5 g/t. ICP-MS Ultra-Trace level multi-element four-acid digest analyses may also undertaken for such elements as silver, copper, lead and zinc, etc.
Gold intersections are reported using a lower cut-off of 0.3g/t Au over 3m.
Intersections are quoted as downhole thicknesses. True thicknesses are unknown.
Forward Looking Statements
All statements, other than statements of historical fact, contained in this news release constitute "forward looking statements" within the meaning of applicable securities laws, including but not limited to the "safe harbour" provisions of the United States Private Securities Litigation Reform Act of 1995 and are based on expectations estimates and projections as of the date of this news release.
Forward-looking statements include, without limitation, the continuing focus on the Pepas prospect, the exploration plans in Colombia and the funding of those plans, and other events or conditions that may occur in the future. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such forward-looking statements. Such statements are subject to significant risks and uncertainties including, but not limited to, those described in the Section "Risks Factors" of the Company's MD&A for the year ended May 31, 2024. The Company's continuance as a going concern is dependent upon its ability to obtain adequate financing, to reach profitable levels of operations and to reach a satisfactory closure of the Creditor´s Agreement in Uruguay. These material uncertainties may cast significant doubt upon the Company's ability to realize its assets and discharge its liabilities in the normal course of business and accordingly the appropriateness of the use of accounting principles applicable to a going concern. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events and such forward-looking statements, except to the extent required by applicable law.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit .
SOURCE: Orosur Mining Inc
View the original on ACCESS Newswire