Orosur Mining Inc V.OMI

Alternate Symbol(s): OROXF

Metals & Mining Gold

Orosur Mining Inc. is a Canada-based mineral exploration company. The Company has 100% ownership interest in its flagship Anza gold project in Colombia. Anza is a gold exploration project, comprising three exploration licenses, four exploration license applications, and a small exploitation permit, totaling in aggregate 207.5 square kilometers (km2) in the prolific Mid-Cauca belt of Colombia. The project is located 50 kilometers (km) west of Medellin and is easily accessible by all-weather roads and boasts infrastructure, including water, power, communications and large exploration camp. The El Pantano Project is an early-stage gold and silver exploration project in the Deseado Massif region of Santa Cruz state in southern Argentina. The El Pantano Project comprises nine contiguous exploration licenses that total 607km2. The Lithium West Project at inception comprised four exploration licenses across Nigeria's primary pegmatite belt, covering a total of circa 322Km2.

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Orosur Mining Inc

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Comment by MatthewZyon Feb 05, 2014 11:41am

187 Views

Post# 22174638

RE:RE:RE:RE:I view this as a turnaround situation

Londry. You're right but I would rather look at OMI's M&I than reserves. I don't think OMI has spent as much time infill drilling as Brigus. Also, it seems OMI has a lot of satelite deposits that are not included in the #'s below or are not up to NI43-101 standards. These could prove interesting.

So based on reserves only about a 5yr mine life but based on M&I 11years.

OMI reserves and resources:

P+P 4.8Mt @ 2.0 g/t or 300koz (combined op & ug)
M+I 12.6Mt @ 1.69 or 685koz
Inferred 2.4Mt @ 1.24 or 94koz

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