Orosur Mining Share Discussion Threads

[hazl] 28/11/2024 09:44

To explain the process.

'The rig achieves about 20m per day. Core is brought down from the mountain to the APTA camp each day. Is laid out, marked up and photographed by the technical team and then mapped by the geo on duty - in this case young Hernan. Then taken to the core saws where it is cut length ways and broken into samples of roughly 1m each.

The assay process destroys the core, so we only send half, and keep half for future use. Each sample is given a meaningless number that bears no relationship to the hole or depth so the lab does not know where it is from - this is for added security and QAQC.

Every second day or third day, these will be taken to the laboratory outside Medellin for assay. The lab is exceptional in so far living up to its promise of 3-4 days turnaround and that does make life so much easier.

This lab only does fire assay so it's only gold. We may send off a few to Canada for other elements, but we felt speed was of the essence and so have gone with the Medellin lab.

There is however a 5g/t upper limit to the first fire assay, with anything over that having to go back in for an additional step (gravimetric finish) that may add a couple of days - slows things down, but the more of these the merrier.

Assays come back and the company geos carry out all the QAQC checks, reformat the random assay numbers back into holes and depth and bring it all together - takes a couple of days.

Once we have assays for a complete hole, all checks have been passed and the data are deemed to be reliable, they may be released to the market if considered material. Materiality is of course somewhat subjective but at the moment we are setting a low bar.'

From Orosur on X.

[alfacomp] 28/11/2024 09:21

BMN was a scam, shares just been suspended, investors lost everything LOL! hope this aint the same ;-)

[overdale123] 28/11/2024 09:13

Fingers crossed, settling down a bit with a not unreasonable spread.

[hazl] 28/11/2024 08:57

Good for you!

I am holding onto a few different miners,too.
It's tempting when it flies up first thing but I am hoping there are bigger rewards to come.

[overdale123] 28/11/2024 08:49

Definitely should have topped up recently, on dips as well as for other reasons. As I have said previously I am now consolidating and holding my small cap shares of which OMI is my favourite.

[hazl] 28/11/2024 08:45

Often a poor time of the day 8.30 ish overdale, I have noticed over the years.

Has it's benefits,too.


8-)

[hazl] 28/11/2024 08:43

'While walking to the rig at Pepas yesterday, the lads point out a nondescript cut of rather ordinary soil and saprolite that I would have walked past without a second glance - that is running +5g/t Au (previously announced). The more we look the more we find - it's a good problem to have, but does mean there is a lot more going on here than just the bit we are drilling.
But not a lot we can do about that at the moment - we need to get some runs on the board with drilling results before we have the luxury of testing some new things. That's for another day.'

The team at Orosur.

[overdale123] 28/11/2024 08:43

Ouch. Hopefully, again, day trader effect :-(

[hazl] 28/11/2024 08:37

I like that bit....'enhanced newsflow'!

[hazl] 28/11/2024 08:37

Orosur CEO Brad George commented:



"It is pleasing to finally be back in charge of our destiny. And with drilling already well underway, we are looking forward to a period of enhanced newsflow."

[hazl] 28/11/2024 08:36

Drilling



As announced on November 21st, 2024, the Company has commenced drilling at Pepas ,with plans for a small program of six or seven holes for a total of roughly 800m. The first of these holes (PEP-012) has been completed with samples being submitted to an assay laboratory in Medellin on a gradual basis. First results are expected soon.

[hazl] 28/11/2024 08:35

London, November 28, 2024. Orosur Mining Inc. ("Orosur" or the "Company") (TSXV/AIM:OMI) is pleased to announce that it has completed the acquisition ("Acquisition") of Minera Monte Aguila S.A.S.("MMA") as a result of which the Company now has 100% indirect ownership of the Company's flagship Anzá Gold Project ("Anzá Project" or the "Project") in Colombia.



About the Anzá Project



Anzá is a gold exploration project, comprising granted exploration licences and applications for exploration licences in the prolific Mid-Cauca belt of Colombia. Since September 2018, the Anzá Project was the subject of an Exploration Agreement with Venture Option with MMA. Since September 2020, MMA has been a 50/50 joint venture between Newmont Corporation ("Newmont") and Agnico Eagle Mines Limited ("Agnico").

[overdale123] 28/11/2024 08:33

Trolls and shorters conspicuous by their absence. Hope us gold team are able to keep having bragging rights. Gla.

[hazl] 28/11/2024 08:17

Overdale.They have already sent some samples for testing.


8-)

[hazl] 28/11/2024 08:16

It's really quite exciting now.

[overdale123] 28/11/2024 08:11

Good. Now find the gold in them thar hills please.

[overdale123] 28/11/2024 08:00

Good. Now find the gold in them thar hills please.

[alfacomp] 27/11/2024 19:11

This reminds me of BMN ! Will this be the next AIM scandal LOL

[hazl] 27/11/2024 16:05

OMI ON X.


'While walking to the rig at Pepas yesterday, the lads point out a nondescript cut of rather ordinary soil and saprolite that I would have walked past without a second glance - that is running +5g/t Au (previously announced). The more we look the more we find - it's a good problem to have, but does mean there is a lot more going on here than just the bit we are drilling.
But not a lot we can do about that at the moment - we need to get some runs on the board with drilling results before we have the luxury of testing some new things. That's for another day.'

[hazl] 27/11/2024 16:05

Lot of enthusiasm over on LS E.

[overdale123] 27/11/2024 15:43

Nice to come home to again. Short term min target hit. Come on, find the gold.

[hazl] 27/11/2024 11:11

And


Orosur Mining
@OrosurM
Current drilling has two objectives. Firstly to understand what is going on between the surface samples and hole Pep-001. Second to get a sense of orientation. However the mineralised material is a bit of a mess and does not provide much info in this regard. So we need a large marker bed that we can clearly correlate between holes. And we have one, a very large fault intersected after the mineralisation in Pep-001. Once we get a couple of holes into this, we can start to draw lines on a map that shows us trends.

[saint in exile] 27/11/2024 10:50

Have they commenced drilling yet?

[overdale123] 27/11/2024 09:16

Ouch. Hopefully day trader effect :-(