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Orosur Mining Inc on Wednesday said that the sampling and mapping programme at its Ariquemes tin project in Brazil’s Rondonia state has now commenced. The South America-focused minerals explorer and developer said the project has a large number of granted licences and applications that cover more than 3,000 square kilometres. It said this is the largest holding in the key mining district. Chief Executive Officer Brad George said: ‘Work at the Ariquemes project has progressed as per the planned timetable, to allow us to gradually develop our understanding of the region and the local controls on mineralisation. This work is now bearing fruit, and this current phase, if successful could mark a major milestone in identifying areas of economic mineralisation. At a time of encouraging tin and niobium prices, this may provide the company with valuable optionality.’ Orosur Mining shares were 2.3% higher at 3.32 pence each on Wednesday morning in London. Copyright 2023 Alliance News Ltd. All Rights Reserved.
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