Drilling Commences At Pantanillo In Chile
SANTIAGO, CHILE - Orosur Mining Inc. reported results of the drilling campaigns at its projects in Chile: Talca, Pantanillo and Anillo.
Initial assay results from three holes drilled during 2012 at the Talca project in Chile have defined 2 meters at 5.7 g/t Au in hole number Talca 12-23-RC on the Metallera fault and two intercepts of 1 meter at 10 g/t Au in holes Talca 12-29-RC and Talca 12-30-RC in the southern sector. These results are encouraging and consistent with expectations for these targets.
A 3,000 meter drill campaign has commenced at the Pantanillo project in Chile. Three targets will be tested during this programme Pantanillo Sur, Oro 52 and Quebrada Pantanilio. Recent sampling and mapping supports the potential for discovery on these targets and follows up historical drilling and trenching on these targets by previous operators.
David Fowler, CEO of the Company commented: Initial drilling in the southern sector at Talca is encouraging with intercepts confirming the potential for multiple narrow high grade gold mineralization over a potential strike length of 500 meters. This sector and the Metallera central zones which have been significant historical production areas are the focus of current drilling. Drilling has also commenced at the Pantanillo project on three priority targets, Pantanillo Central, Oro 52 and Quebrada Pantanillo. 3,000 meters of RC drilling will target the discovery of new oxide resources.