Orosur Mining Set to Fully Own Anzá Gold Project

Orosur Mining (TSE:OMI) has released an update.

Orosur Mining Inc. is poised to regain full ownership of its Anzá gold project in Colombia, aiming to finalize a deal with Minera Monte Águila SAS, a joint venture between industry giants Newmont Corporation and Agnico Eagle Mines Limited. The transaction terms remain unchanged from the initial letter of intent, offering a 1.5% net smelter royalty and production-contingent deferred cash payments. Orosur is gearing up for exploration and operational activities, awaiting the completion of the acquisition process.

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