Orosur Mining Inc Announces Colombia update

Assays received from four additional diamond holes at Pepas and Pupino.

Results provide guidance for future targeting.

Near-term focus will shift from drilling to groundwork to better define local structural controls.

Finalisation of Phase 2 of JV continuing.

LONDON, UK / ACCESSWIRE / December 2 2022 / 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 AnzA? Project ("Project") in Colombia.The Project is the subject of an Exploration Agreement with Venture Option ("Exploration Agreement") with Colombian company Minera Monte A?guila ("MMA"). MMA is itself a 50/50 joint venture ("JV") between Newmont Corporation ("Newmont") (NYSE:NEM, TSX:NEM) and Agnico Eagle Mines Limited ("Agnico") (NYSE:AEM,TSX:AEM), and is the Colombian vehicle by which these two companies jointly exercise their rights and obligations with respect to the Exploration Agreement over the Project.MMA is the operator of the Project after exercising its right to assume operational control in the second half of 2021.Assay Results
Assay results for four additional diamond drill holes from the Pepas and Pupino prospects have been received.Both the Pupino and Pepas prospects are located in the northern region of the AnzA? Project, roughly 8km and 12km, respectively north-northeast from the central APTA prospect that had seen most drilling at AnzA? up until early 2022.
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