Company Description
Orosur Mining Inc (OTC: OROXF) is a minerals explorer and developer in the gold ore mining industry, with projects described as being in Colombia and Argentina, and in some disclosures also Nigeria. The company is listed on the TSX Venture Exchange and AIM under the symbol OMI, and its business is focused on identifying, exploring and advancing mineral projects rather than operating producing mines. According to multiple regulatory news releases, Orosur Mining Inc characterizes itself as a minerals explorer and developer currently operating in Colombia and Argentina, and in one release as having projects in Colombia, Argentina and Nigeria.
Core exploration projects
A central focus for Orosur Mining Inc is the Anzá Project in Colombia. Company announcements describe Anzá as an exploration project located within the Mid-Cauca gold belt, west of the city of Medellin. The project area comprises a number of granted exploration titles and applications covering roughly 327–330 km², held through two wholly owned Colombian subsidiaries, Minera Anzá and Minera Monte Aguila. Orosur states that it acquired Minera Monte Aguila from previous joint venture partners Newmont Mining and Agnico Eagle Mines, and that it therefore owns 100% of the Anzá Project.
Within Anzá, Orosur has highlighted three main gold prospects in its public updates:
- Pepas – described by the company as a shallow, high-grade body of gold mineralisation. Orosur has undertaken an infill drilling program at Pepas with the stated objective of moving the prospect to an initial NI 43‑101 compliant Mineral Resource Estimate (MRE). Company releases report multiple drill intercepts from surface over substantial downhole intervals, and note that the Pepas drill database has been delivered to resource consultants for MRE modelling.
- APTA – described as a high-grade body of gold mineralisation that has seen significant drilling to date. Orosur states that APTA is not yet sufficiently understood geologically to allow a Mineral Resource Estimate to be calculated, and that additional drilling is planned with the objective of advancing it toward an MRE.
- El Cedro – described as a large gold porphyry system in the south of the Anzá project area. The company reports that it has completed a large soil sampling program at El Cedro and has outlined plans for a maiden drill program.
Land position and licences
Orosur Mining Inc reports that it is continually assessing its land package in Colombia based on geological potential, holding costs, ability to explore and local community sentiment. Company announcements state that two larger, long‑held applications within the original Anzá joint venture area have been granted and converted to exploration licences, resulting in three large contiguous granted titles totalling approximately 173 km² within the Anzá municipality. The company also notes that some smaller applications have been dropped for reasons such as geological prospectivity or anticipated difficulty in conducting exploration, and that it has a further land position under application measured in the hundreds of square kilometres.
El Pantano project in Argentina
In Argentina, Orosur Mining Inc is advancing the El Pantano Project, which it describes as an early‑stage gold/silver exploration project in Santa Cruz Province, within the Deseado Massif. Company disclosures state that El Pantano comprises approximately 550 km² of contiguous granted licences and is subject to an Exploration & Joint Venture agreement with private Argentine company Deseado Dorado S.A.S and its shareholders. Orosur reports that it has earned a 51% interest in El Pantano by meeting an exploration expenditure obligation, and that it has entered a further phase in which it may earn up to 100% ownership by investing additional exploration capital, with the original vendors retaining a net smelter return (NSR) royalty interest subject to a partial buyback option.
Orosur has reported that it commenced the first phase of drilling at El Pantano after several years of surface field work. Company updates describe this program as reconnaissance drilling designed to test sources of geochemical anomalism, assess induced polarisation responses, intersect mineralised structures consistent with a low sulphidation epithermal model, and understand vertical variations in the mineral system. The company has stated that early drilling has intersected structures and vein textures it considers consistent with other low sulphidation epithermal systems in the region, and that it interprets this as evidence of a mineral system at El Pantano, while emphasizing the need for further targeting work.
Exploration approach and technical standards
Orosur Mining Inc’s news releases provide detail on its sampling and assay procedures at Anzá and El Pantano. The company states that its staff follow standard operating and quality assurance procedures intended to meet international reporting standards. Drill core is described as being split in half over variable widths, with one half retained on site and the other sent to accredited laboratories for preparation and assay. The company reports the use of industry‑standard QA/QC protocols, including blanks, repeats and certified reference materials as a proportion of total samples.
For the Anzá Project, Orosur has reported that samples from earlier Pepas holes were sent to ALS facilities in Colombia and Peru, and that samples from later holes are prepared and assayed by Actlabs in Colombia and Canada. For El Pantano, the company states that samples are prepared and assayed for gold by Alex Stewart Laboratories in Perito Moreno, with pulps then sent to a larger Alex Stewart facility in Mendoza for multi‑element analysis. Gold intersections in company releases are reported using a specified lower cut‑off grade over a minimum downhole interval, and the company notes that reported intersections are downhole thicknesses, with true thicknesses described as unknown.
Corporate profile and capital structure activity
Orosur Mining Inc is described in its regulatory announcements as a minerals explorer and developer with projects in Colombia and Argentina, and in some communications also Nigeria. The company’s shares trade on AIM and the TSX Venture Exchange under the symbol OMI, and the OTC symbol OROXF reflects trading in the United States over‑the‑counter market. Several releases detail corporate actions such as the exercise of warrants, options and restricted share units (RSUs), the admission of new common shares to trading on AIM, and the resulting total number of common shares in issue. These announcements also reference a block listing of warrants on AIM and provide periodic updates on the number of warrants outstanding and the balance of unallotted securities under the block scheme.
Orosur also reports on its annual general meeting (AGM) and shareholder voting outcomes, including resolutions on the number and election of directors, appointment of auditors and approval of an amended and restated equity incentive plan. The company has highlighted its use of investor communication platforms for live investor question‑and‑answer sessions following formal corporate events.
Status and regulatory context
The available news releases describe Orosur Mining Inc as an active company engaged in exploration and project advancement, with ongoing drilling at Anzá in Colombia and El Pantano in Argentina, and with corporate actions such as warrant and option exercises, AGM resolutions and block listing updates. The releases are disseminated through the London Stock Exchange’s Regulatory News Service (RNS) and reference the regulatory framework of the TSX Venture Exchange and AIM. No SEC filings are provided in the available data, which is consistent with the company being primarily listed on Canadian and UK markets rather than on a U.S. national securities exchange.
How OROXF fits within gold ore mining
Within the broader gold ore mining and mineral exploration sector, Orosur Mining Inc positions itself, according to its own disclosures, as a company focused on exploration and early‑stage project development rather than established large‑scale production. Its activities, as described in public announcements, center on drilling, resource definition work such as NI 43‑101 compliant Mineral Resource Estimates, metallurgical testwork, geophysical surveys, mapping, sampling and joint venture arrangements. Investors researching OROXF are therefore examining a company whose value proposition, based on its own statements, is tied to the exploration potential and technical advancement of its projects in Colombia, Argentina and, in some communications, Nigeria.
Stock Performance
Latest News
SEC Filings
No SEC filings available for Orosur Min.
Financial Highlights
Upcoming Events
Admission of 85,000 shares
Admission of 85,000 shares
JV earn-in spending deadline
Warrant exercise expiry
Warrants expiry
Short Interest History
Short interest in Orosur Min (OROXF) currently stands at 11.2 thousand shares, down 0.7% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has increased by 49.6%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Orosur Min (OROXF) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 4.0 days.