Company Regains Full Control of Anzá Gold Project in Colombia

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Mining Nouvelles

Anza Gold Project,Colombia,Exploration Agreement

A company has fully regained ownership and operatorship of its Anzá Gold Project in Colombia without making any upfront payments. The Anzá Project, located 50km west of Medellin, is a gold exploration site in the Mid-Cauca belt, boasting high-grade gold mineralization discovered through extensive drilling. Newmont Corporation was involved as a joint venture partner since September 2020.

Company has reassumed 100% ownership and operatorship of its flagship Anzá Gold Project in Colombia with no upfront paymentsAnzá is a gold exploration project, comprising granted exploration licences and applications for exploration licences in the prolific Mid-Cauca belt of Colombia. Since September 2018, the Anzá Project was the subject of an Exploration Agreement with Venture Option with MMA. Since September 2020, MMA has been a 50/50 joint venture between Newmont Corporation .

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.The information in this news release was compiled, reviewed and verified by Mr. Brad George, BSc hons , MBA, Member of the Australian Institute of Geoscientists , CEO of Orosur Mining Inc. and a qualified person as defined by National Instrument 43-101.

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.

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 contactConsumers in price sensitive regions such as India had been finding it difficult to cope with gold's rally in recent months.

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