Orosur Mining Inc - Pepas Drilling Continues to Intersect High Grades

Rhea-AI Summary

Orosur Mining (OROXF) reported assay results from five additional Pepas infill drill holes at the Anzá gold project in Colombia dated October 7, 2025. Key intercepts include PEP060: 63.55m @ 8.23 g/t Au and PEP064: 49.95m @ 4.29 g/t Au (including 15.6m @ 9.88 g/t). The company said the infill program aims to convert Pepas to a NI43-101 Mineral Resource Estimate by year-end, with a mid-program review underway and a likely site visit by resource consultants around early November. Since the November 2024 SPA closing, 53 holes have been drilled post-transaction. Work continues on defining mineralisation margins and refining the geological model ahead of the MRE process.

Positive

• PEP060: 63.55m @ 8.23 g/t Au
• PEP064: 49.95m @ 4.29 g/t Au including 15.6m @ 9.88 g/t
• 53 holes drilled at Pepas since November 2024
• Project now 100% owned following 28 Nov 2024 SPA

Negative

• NI43-101 MRE delivery subject to a mid-program review, creating timing uncertainty
• Two recent holes reported no significant intersections (PEP039, PEP043)

• Assays for five more holes from the Pepas MRE infill program include:

  • PEP060 - 63.55m @ 8.23g/t Au

  • PEP064 - 49.95m @ 4.29 g/t Au

• Mid-program Resource drilling review underway.

LONDON, UK, AL / ACCESS Newswire / October 7, 2025 / Orosur Mining Inc. ("Orosur" or the "Company") (TSXV:OMI)(AIM:OMI), is pleased to announce an update on the progress of exploration activities at the Company's flagship, 100% owned, Anzá Gold Project ("Project") in Colombia.

Anzá - Colombia

As announced on 14^th July 2025, the Company took the formal decision to commence infill drilling at its Pepas gold prospect at Anzá, with the objective of moving Pepas to a NI43-101 compliant Mineral Resource Estimate (MRE) by the end of the year.

This drilling program continues to progress well and remains on target, subject to a mid-program review. Drilling is currently focussing on locating and defining the margins to mineralisation and on better understanding the geological controls on the high grade that is evident in the central part of the Pepas orebody.

Results from these five holes remain consistent with expectations and continue to develop the geological model that is required as part of the Mineral Resource process.

Hole Number	From (m)	To (m)	Interval (m)	Au (g/t)
PEP060	15.25	78.8	63.55	8.23
including	24.85	62.35	37.5	12.99
PEP061	3	6.4	3.4	0.48
PEP062	2.2	9.25	7.05	0.47
	60.8	66.1	5.3	0.48
PEP063	0	14	14	2.56
	54.7	61.7	7	1.21
PEP064	0	18.5	18.5	1.28
	25.65	75.6	49.95	4.29
including	44.9	60.5	15.6	9.88

Table 1. Latest drill Intercepts, Pepas Prospect

Figure 1. Plan of holes

Figure 2. Section, PEP060

Figure 3. Section, PEP064

The Company is currently engaging with its geological consultants in advance of formally triggering the MRE process to ensure that work on the deposit is sufficiently advanced, and that all the necessary inputs are prepared ahead of the required site visit by the resource consultants, probably at the start of November.

Orosur CEO Brad George commented:

"Pepas continues to move inexorably forward. The NI43-101 MRE process is rigorous, but all of the pieces are falling into place".

Colombia - ANZÁ Project

The Anzá Project is now 100% owned by the Company following completion of a Share Purchase Agreement ("SPA"), announced 28^th November 2024, whereby the Company purchased all of the shares of its previous JV partner; Minera Monte Aguila ("MMA").

The Project, which is located 50km west of Medellin, is easily accessible and boasts excellent infrastructure including water, power and communications as well as a large exploration camp.

From September 2018 to November 2024, the Anzá Project was under the control of its previous JV partner MMA, itself a 50/50 venture between the world's two largest gold miners, Agnico Eagle Mines and Newmont Mining.

Prospects

The Company is currently focussed on three prospects within the Anzá Project - Pepas, APTA and El Cedro. All three prospects are within the same granted exploration title that is broken into two, non-contiguous pieces (Figure 2).

Drilling is currently being undertaken at the Pepas prospect in the northern extent of the Anzá Project (pre-acquisition) over 10km north of the central base camp at APTA. In parallel, mapping and sampling is being undertaken over the El Cedro porphyry system in the south of the project area.

Figure 3. Main prospects, licences and applications pre-MMA acquisition

Holes Drilled post MMA Transaction

53 holes have been drilled at Pepas since the MMA Transaction in November 2024.

Assay results are tabulated below.

Hole Number	From (m)	To (m)	Interval (m)	Au (g/t)
PEP012	0	66.75	66.75	5.64
PEP013	0	77.30	77.30	7.68
PEP014	0	75.1	75.1	5.58
PEP015	23.5	63.7	40.2	3.75
PEP016	61.6	105.3	43.7	3.13
PEP017	56.1	96.3	40.2	2.06
PEP018	0	54.1	54.1	6.01
PEP019	0	44.3	44.3	1.63
PEP020	0	54.65	54.65	1.94
PEP021	0	107.05	107.05	6.22
PEP022	0	76.3	76.3	7.24
PEP023	0	15	15	1.7
PEP024	9.24	15.6	6.35	1.99
PEP025	0	10.1	10.1	1.45
	16.5	79	62.5	5.4
PEP026	0	14.8	14.8	0.57
	43.6	72	28.4	2.52
PEP027	1	80.15	79.15	2.0
PEP028	29.5	60.85	31.35	1.61
PEP029	0	30.7	30.7	0.31
PEP030	0	77.9	77.9	0.32
	115.6	122.6	7	0.31
PEP031B	28.15	41.1	12.95	0.73
	74.1	95.9	20.8	0.3
PEP032	0	92	92	1.68
PEP033	0	21.3	21.3	5.88
PEP034	36	95	59	10.15
PEP035	0	11.4	11.4	2.71
PEP036B	0	40.45	40.45	0.62
PEP037	0	3	3	0.65
PEP038	0	16.8	16.8	0.68
PEP039	No significant intersections
PEP040	0	10.25	10.25	1.35
PEP041	34.35	66.1	31.75	2.01
PEP042	104.8	107.55	2.75	1.41
	116.45	119.7	3.25	4.89
PEP043	No significant intersections
PEP044	5.8	44.3	38.5	6.01
PEP045	9.5	71.8	62.3	12.76
PEP046	0	53.2	53.2	3.36
PEP047	0	104	104	6.61
PEP048	0	32.3	32.3	3.65
PEP049	0	94.2	94.2	3.74
PEP050	0	34	34	2.33
PEP051	0	7.4	7.4	0.43
	11.2	72.5	61.3	3.36
PEP052	0	4.4	4.4	2.24
	9.4	81.25	71.85	6.13
PEP053	17	27.1	10.1	0.9
PEP054	20	40.6	20.6	2.01
PEP055	22.05	69.3	47.25	15.25
PEP056	6	28.5	22.5	1.64
PEP057	10.85	18.3	7.45	3.05
	29.8	46.9	17.1	5.47
PEP058	32.95	67.8	34.85	3.42
PEP059	13.4	27.6	14.2	0.75
PEP060	15.25	78.8	63.55	8.23
PEP061	3	6.4	3.4	0.48
PEP062	2.2	9.25	7.05	0.47
	60.8	66.1	5.3	0.48
PEP063	0	14	14	2.56
	54.7	61.7	7	1.21
PEP064	0	18.5	18.5	1.28
	25.65	75.6	49.95	4.29

Table 2. Results to date, post MMA Transaction

For further information, visit www.orosur.ca, follow on X @orosurm or please contact:

Orosur Mining Inc
Louis Castro, Chairman,
Brad George, CEO
info@orosur.ca
Tel: +1 (778) 373-0100

SP Angel Corporate Finance LLP - Nomad & Joint Broker
Jeff Keating / Jen Clarke / Devik Mehta
Tel: +44 (0) 20 3470 0470

Turner Pope Investments (TPI) Ltd - Joint Broker
Andy Thacker/James Pope
Tel: +44 (0)20 3657 0050

Flagstaff Communications and Investor Communications
Tim Thompson
Mark Edwards
Fergus Mellon
orosur@flagstaffcomms.com
Tel: +44 (0)207 129 1474

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Drill Hole Details - Pepas prospect 2022/2024 Programme*

Hole ID	Easting (m)	Northing (m)	Elevation asl (m)	Dip (°)	Azimuth (°)
PEP-001	403384	705000	1001	-50	150
PEP-002	403384	705000	1001	-60	290
PEP-003	403240	705142	1001	-49.60	95.2
PEP-004	403508	705671	838	-59.8	99.8
PEP-005	403373	704990	1008	-49.8	94.6
PEP-007	403374	704990	1008	-69.9	170
PEP-008	403232	704803	971	-50	60
PEP-009	403032	705057	1055	-50	80
PEP-010	403375	705106	982	-50.31	190.4
PEP-011	403573	704939	1001	-50.3	255
PEP-012	403415	704890	997	-56	352
PEP-013	403413	704887	997	-50	43
PEP-014	403400	704910	1007	-50	43
PEP-015	403375	704938	1017	-50	43
PEP-016	403326	704912	999	-50	43
PEP-017	403365	704848	976	-40	47
PEP-018	403345	704851	977	-45	43
PEP-019	403446	704890	991	-45	43
PEP-020	403446	704890	991	-75	43
PEP-021	403424	704935	1012	-62	223
PEP-022	403424	704935	1012	-42	223
PEP-023	403245	704927	969	-50	43
PEP-024	403245	704927	969	-78	43
PEP-025	403369	704888	1001	-45	43
PEP-026	403339	704955	1008	-63	50
PEP-027	403468	704909	1003	-46	228
PEP-028	403398	704957	1012	-58	223
PEP-029	403311	705018	1011	-50	50
PEP-030	403311	705018	1011	-50	000
PEP-031B	403486	704901	998	-52	220
PEP-032	403431	704861	982	-60	15
PEP-033	403431	704861	982	-65	100
PEP-034	403431	704861	982	-45	315
PEP-035	403369	704882	996	-45	223
PEP-036	403311	705152	989	-45	30
PEP-037	403354	705227	958	-50	210
PEP-038	403332	705219	967	-45	128
PEP-039	403411	704798	957	-45	73
PEP-040	403369	704882	995	-80	212
PEP-041	403373	704936	1008	-50	3
PEP-042	403396	705038	716	-50	82
PEP-043	403298	704942	981	-50	43
PEP-044	403402	704948	1011	-62	33
PEP-045	403406	704949	1011	-60	223
PEP-046	403420	704933	1007	-53	43
PEP-047	403414	704927	1008	-74	223
PEP-048	403448	704922	1005	-54	043
PEP-049	403447	704920	1005	-55	223
PEP-050	403459	704905	1003	-45	43
PEP-051	403391	704928	1011	-61	43
PEP-052	403391	704928	1011	-87	43
PEP-053	403391	704929	1012	-60	223
PEP-054	403380	704954	1011	-52	43
PEP-055	403380	704954	1011	-86	223
PEP-056	403371	704970	1012	-61	43
PEP-057	403371	704970	1012	-71	223
PEP-058	403371	704970	1012	-85	223
PEP-059	403384	704976	1007	-59	43
PEP-060	403372	704908	1005	-55	43
PEP-061	403361	704988	1010	-80	223
PEP-062	403361	704988	1010	-61	43
PEP-063	403345	705005	1009	-50	80
PEP-064	403356	704923	1005	-51	43

* Coordinates WGS84, UTM Zone 18

About Orosur Mining Inc.

Orosur Mining Inc. (TSXV: OMI; AIM: OMI) is a minerals explorer and developer currently operating in Colombia, Argentina and Nigeria.

About the Anzá Project

Anzá is a gold exploration project, comprising three exploration licences, and a large number of licence applications, totalling 399km2, in the prolific Mid-Cauca belt of Colombia.

The Anzá Project is currently wholly owned by Orosur via its subsidiaries, Minera Anzá S.A. and Minera Monte Aquila S.A.S.

The project is located 50km west of Medellin and is easily accessible by all-weather roads and boasts excellent infrastructure including water, power, communications and large exploration camp.

Qualified Persons Statement

The information in this news release was compiled, reviewed, verified and approved by Mr. Brad George, BSc Hons (Geology and Geophysics), MBA, Member of the Australian Institute of Geoscientists (MAIG), CEO of Orosur Mining Inc. and a qualified person as defined by National Instrument 43-101.

Orosur Mining Inc. staff follow standard operating and quality assurance procedures to ensure that sampling techniques and sample results meet international reporting standards.

Drill core is split in half over widths that vary between 0.3m and 2m, depending upon the geological domain. One half is kept on site in the Minera Anzá core storage facility, with the other sent for assay.

Industry standard QAQC protocols are put in place with approximately 10% of total submitted samples being blanks, repeats or Certified Reference Materials (CRMs).

Samples for holes PEP-001 to PEP-011 were sent to the Medellin preparation facility of ALS Colombia Ltd, and then to the ISO 9001 certified ALS Chemex laboratory in Lima, Peru.

Samples from PEP-012 onwards are sent to Medellin laboratory of Actlabs for preparation and assay.

30 gram nominal weight samples are then subject to fire assay and AAS analysis for gold with gravimetric re-finish for overlimit assays of >5 g/t. ICP-MS Ultra-Trace level multi-element four-acid digest analyses may also undertaken for such elements as silver, copper, lead and zinc, etc.

Gold intersections are reported using a lower cut-off of 0.3g/t Au over 3m.

Intersections are quoted as downhole thicknesses. True thicknesses are unknown.

Forward Looking Statements

All statements, other than statements of historical fact, contained in this news release constitute "forward looking statements" within the meaning of applicable securities laws, including but not limited to the "safe harbour" provisions of the United States Private Securities Litigation Reform Act of 1995 and are based on expectations estimates and projections as of the date of this news release.

Forward-looking statements include, without limitation, the continuing focus on the Pepas prospect, the exploration plans in Colombia and the funding of those plans, and other events or conditions that may occur in the future. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such forward-looking statements. Such statements are subject to significant risks and uncertainties including, but not limited to, those described in the Section "Risks Factors" of the Company's MD&A for the year ended May 31, 2025. The Company's continuance as a going concern is dependent upon its ability to obtain adequate financing, to reach profitable levels of operations and to reach formal closure of the Creditor´s Agreement in Uruguay. These material uncertainties may cast significant doubt upon the Company's ability to realize its assets and discharge its liabilities in the normal course of business and accordingly the appropriateness of the use of accounting principles applicable to a going concern. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events and such forward-looking statements, except to the extent required by applicable law.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Orosur Mining Inc

View the original press release on ACCESS Newswire

FAQ

What were Orosur (OROXF) latest Pepas drill highlights on October 7, 2025?

Highlighted intercepts include PEP060: 63.55m @ 8.23 g/t Au and PEP064: 49.95m @ 4.29 g/t Au (15.6m @ 9.88 g/t).

When does Orosur expect to complete a NI43-101 Mineral Resource Estimate for Pepas (OROXF)?

The company aims for a NI43-101 MRE by year-end 2025, subject to a mid-program review and a resource consultant site visit likely in early November.

How many holes has Orosur drilled at Pepas since the November 2024 acquisition (OROXF)?

The release states 53 holes have been drilled at Pepas post the November 2024 SPA closing.

Does Orosur (OROXF) fully own the Anzá Project after the 2024 transaction?

Yes; the company says it is 100% owner following completion of the Share Purchase Agreement announced 28 November 2024.

Will the new Pepas drill results materially change the geological model for Orosur (OROXF)?

The company reports the new assays are consistent with expectations and are being used to develop the geological model required for the MRE process.

Were there any Pepas drill holes with no significant intersections in the latest program (OROXF)?

Yes; the reported dataset includes holes recorded as having no significant intersections such as PEP039 and PEP043.