Orosur Mining Inc is a Canada-based gold exploration and Development Company with focus in South America. That company aims to identify exploration opportunities in South America to deliver high and sustainable value to its shareholders. The company’s shares are traded on the Alternative Investment Market (AIM) segment of the London Stock Exchange as LON: OMI and has a secondary listing on the Toronto Stock Exchange as TSX: OMI.
The company’s objective is to be a premier gold mining business through diversified exploration and development high quality gold assets in South America, maintaining efficient operational practices, and generating efficient return in low cost and maintaining strong financial position. The company’s core exploration assets are located in Colombia. The company acquired the Waymar Resources in 2014, which was entered into an option agreement with Waymar Resources in 2010 to acquire a 100% stake in the Anza Project with 231 km sq of mineral rights, which is a high-grade gold and base metal exploration project located in the Western Cordillera. The option was exercised by Waymar in 2013.
The company entered into a strategic alliance with Newmont Goldcorp in 2018, which includes a three-phase earn-in structure and 75% stake in Anza project in Colombia to Newmont by spending at least US$30million in qualifying expenditure for 12 years. Newmount also acquired 19.4% stake in the company.
Further, the company owns a Arenal Deeeps underground mine in Uruguay and operates San Gregorio gold areas located in the Northern department of Rivera. It operates exploration and development activities on the Anillo property in Chile; it also owns the Pantanillo property in Maricunga Belt and has stakes in the Talca exploration asset located in Chile.
C/O Macdonald & Company 200-204 Lambert Street WHITEHORSE, YT Y1A 3T2 Canada