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Market: AIM / TSX-V
Sector: General Mining - Gold
EPIC: OMI
Latest Price: 9.13p  (0,00%)
52-week High: 51.00p
52-week Low: 9.13p
Market Cap: 7.14M
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Orosur Mining
www.orosur.ca
Deal Orosur Mining Tax Free* Losses can exceed
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Orosur Mining Inc. is a gold producer and exploration company focused on identifying and developing gold projects in Latin America. The Company is a fully integrated mining company, possessing the skills necessary to explore and develop its discoveries. The Company operates the only producing gold mine in Uruguay (San Gregorio), and...

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Orosur Mining granted tailings licence for San Gregorio gold mine

July 10 2012, 7:51am Building work is ongoing and the second phase of the facility will be completed in the third quarter of the current financial year.

 

Orosur Mining (LON:OMI, CVE:OMI) this morning said it has received an operating licence for processing tailings at the San Gregorio mine in Uruguay.

This environmental approval applies to the first phase of the tailings operation. In all, the new facility will be built in four phases and each will require approval.

Building work is ongoing and the second phase of the facility will be completed in the third quarter of the current financial year.

"We are very pleased that the DINAMA has granted us this new operating license,” said chief executive David Fowler.

“This license is an important milestone in the continuing operation of San Gregorio and reflects Orosur’s consistently good environmental performance and community engagement.”

Orosur says it does not anticipate any issues in receiving further approvals for the phased development of the tailings facilities.

 

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