Orosur Signs Anillo Option Agreement Ignacio Salazar, CEO of Orosur, said:
“We are delighted to have entered into this Agreement with Asset Chile to option a minority share in our interest
in the Anillo project. The Agreement enables Asset Chile to spend up to US$3.5 million in three phases option
as well as committing exploration expenditures in order to earn up to 40% of Orosur’s interestin the Project.
This transaction is non-dilutive to Orosur shareholders and enables us to progress a solid exploration program
at Anillo for the next three years with limited capital requirements by the Company..
We are looking forward to working with Asset Chile as partners in our exploration efforts at Anillo and to the
results of the program ahead. We appreciate the support of Codelco to the transaction.
https://www.orosur.ca/files/2015-06-08-Anillo-farm-out-PR-FINAL.pdf