Orosur Mining (AIM:OMI), the minerals explorer and developer operating in Colombia and Argentina, said ongoing drilling at its Anzá project has delivered a string of encouraging results from Pepas West.
Latest assays released by the company include PEP085 16.1m at 2.68g/t Au, PEP087 21.7m at 1.42g/t Au, PEP088 9.8m at 1.41g/t Au and PEP090 23.45m at 2.98g/t Au.
PEP090 was drilled about 30m northwest of earlier holes and the company says the results demonstrate mineralisation over c.100m of strike with further untested strike extension, following a maiden mineral resource estimate for Pepas published on 10 February.
After completing PEP090 the rig was moved south to other targets to allow geological and assay work at Pepas West to be compiled, and the company plans to return the rig in several weeks to begin size definition of the new zone.
At the APTA prospect hole MAP-106 has progressed beyond 300m and is now in the target zone after encountering difficult ground, with new drill pads being developed to avoid repeat issues.
"Pepas now has a resource, with more being found nearby, APTA being drilled and El Cedro yet to come," said Brad George, CEO.