Orosur Mining announces drill results for the Mahoma Project, Uruguay

Orosur Mining, a South American-focused gold producer and explorer, today announce3d cad spiral concentrators drill results from its 100 per cent owned Mahoma Project in Uruguay. The drilling programme is designed to confirm grades and widths found historically at Mahoma.

David Fowler, CEO of the Company, stated, "We are pleased with drill results from our first pass drill program at Mahoma as they have confirmed historically identified grades and widths on Veta II. Orosur will now expand its drilling programme with the objective of defining a resource during calendar 2012. It is anticipated that this resource will provide the basis for a feasibility study to produce a total of 25,000 ounces per annum. The study will be based on ore being transported to the San Gregorio mine to minimise capital expenditure and reduce study and...