Orosur Mining Inc. – Colombia update
Orosur Mining Inc. – Colombia update
Medellin, Colombia, November 7, 2019. Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI), a
South American-focused gold developer and explorer announces the receipt of US$690,000 from Newmont
Colombia S.A.S. (“Newmont”), a wholly owned subsidiary of Newmont GoldCorp Corporation, in connection
with maintaining its earn-in rights pursuant to the Exploration Agreement with Venture Option over the Anzá
project in Colombia (the “Exploration Agreement”).
During the first year of the Exploration Agreement, which concluded on September 7th 2019, Newmont funded
exploration costs totalling US$310,000 to Minera Anzá (Orosur’s Colombian subsidiary). In accordance with
the Exploration Agreement, Newmont has made a further cash payment of US$690,000 to Minera Anzá to
cover its outstanding commitments and to maintain its phase 1 earn-in rights.
For further information, please contact:
Orosur Mining Inc
Ignacio Salazar, Chief Executive Officer
Ryan Cohen, VP Corporate Development
Tel: +1 (778) 373-0100
SP Angel Corporate Finance LLP – Nomad & Joint Broker
Jeff Keating / Stephen Wong
Tel: +44 (0) 20 3 470 0470
The information contained within this announcement is deemed by the Company to constitute inside information as
stipulated under the Market Abuse Regulation ("MAR"). Upon the publication of this announcement via Regulatory
Information Service, this inside information is now considered to be in the public domain. If you have any queries on this,
then please contact Ryan Cohen, VP Corporate Development of the Company (responsible for arranging release of this
announcement on behalf of the Company) on: +1 (778) 373-0100.
About Orosur Mining Inc.
Orosur Mining Inc. (TSX: OMI; AIM: OMI) is a precious metals developer and explorer focused on identifying
and advancing gold projects in South America. The Company operates in Colombia and Uruguay.