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Orosur Mining Inc - Toronto-based mineral exploration and development company focused on South America - Announces positive assay results from follow-up soil sampling program at La Esfinge prospect at El Pantano, Santa Cruz province, Argentina. Results define a geochemical anomaly over a strike length over 1 kilometre, which is open to both east and west. The work has defined a high-priority exploration target, which Orosur will move forward will after the winter recess (at some point after early September).
‘It is early days at El Pantano, but it is highly encouraging to obtain such positive results from what is essentially an untouched grass roots project. We look forward to returning after the winter, but work so far has supported our strategy of carefully selecting attractive earlier stage projects on the best possible terms,’ says Chief Executive Officer Brad George.
Current stock price: 8.02 pence
12-month change: down 45%
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