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Orosur Mining Inc Announces Board Appointment and Drilling Update
LONDON, UK / ACCESSWIRE / January 12, 2021 / Orosur Mining Inc. ("Orosur" or the "Company") (...
About this update from Orosur Mining Inc.
[{"type":"text","content":"Orosur Mining Inc Announces Board Appointment and Drilling UpdateLONDON, UK / ACCESSWIRE / January 12, 2021 / Orosur Mining Inc. (\"Orosur\" or the \"Company\") (TSX:OMI)(AIM:OMI), a South American-focused gold developer and explorer, is pleased to announce a new appointment to the Board and to provide a drilling update at its Anzá project.Board AppointmentThe Company is pleased to announce the appointment of Mr. Nicholas (Nick) von Schirnding to the Company's Board as an Independent Non-Executive Director with immediate effect.Nick has over 25 years' experience in mining and natural resources, including strategic development, M&A, restructuring, driving operational change and corporate governance.Nick is Executive Chairman of Arc Minerals plc, a London listed mining group with interests in Africa,and also Chairman of Fodere Group, a private company that has developed environmentally sustainable technology to extract high value minerals from ore. In addition, Nick is a Non-Executive Director of Jangada Mines plc and Edenville Energy plc, which are both listed on AIM in London.Previously Nick was CEO of Asia Resource Minerals plc (formerly Bumi plc), a FTSE listed mining company and was instrumental in successfully restructuring their 25mtpa open pit coal mining operations. Nick was also deputy chairman of Berau Coal, Indonesia's fourth largest listed coal company. Prior to this Nick held senior roles at both Anglo American plc and De Beers.Nick has worked and lived in both developed and emerging markets including the UK, India, SE Asia, Africa and South America.Nick will be joining the Company's Audit Committee and Remuneration Committee with immediate effect.Drilling UpdateDrilling work has been progressing well. The Company currently has two diamond drill rigs at the Anzá project, the first of which commenced drilling operations on 15th November 2020.To date, three holes have been completed and the rigs are currently well advanced on the 4th and 5th holes. Over 1,100 metres has been completed of the planned first phase of 2,400 metres, and over 1,000 samples have been submitted for analysis.However, the Company has been informed that Covid-19 related staff shortages at the ALS laboratory in Lima, Peru, has resulted in a substantial increase in expected assay turnaround times, especially those related to fire assa...