Orosur Reports Preliminary Economic Assessment on Pantanillo Nort

By Midnight Trader June 01, 2012, 01:43:27 PM EDT

Orosur Mining Inc. (OMI.TO) today announced updated results of the Preliminary Economic Assessment on its wholly owned Pantanillo Norte project in Chile.

The Preliminary Economic Assessment is based on Mineral Resources, reported at a cut-off grade of 0.3 g/t Au for oxide and mixed material, and 0.5 g/t Au for sulphide material, that include 36.5 Mt grading 0.71 g/t Au in the Measured category, 10.5 Mt grading 0.63 g/t Au in the Indicated category and 0.3 Mt at 0.53 g/t Au in the Inferred category.

OMI was last traded at 69 cents a share.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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