Orosur Mining Inc (AIM:OMI, TSX-V:OMI) shares fell more than 30% on Friday due to disappointing drilling results that have emerged from the AIM-quoted gold producer’s flagship Anzá Project in Colombia.
Drilling has been temporarily suspended in order to focus on field mapping, sampling and trenching activities.
In a statement, Orosur chief executive Brad George commented: "While these drill results are not as exciting as hoped, this is not surprising.
“Epithermal gold systems by their nature are complex and several phases of drilling are often required to properly define the geometry before more substantial drilling can then be undertaken.”
Orosur shares are now changing hands at 8.45p, nearly 40% down in the year-to-date.