· First results from mapping and sampling program on first licence.

· Abundant pegmatites evident, with LiO2 results in excess of 2%, analysed by way of XRF and LIBS.

· Two additional licences confirmed, expanding land position in the key Lithium districts to 533km2.

LONDON, UK / ACCESSWIRE / November 28, 2023 / Orosur Mining Inc. ("Orosur" or the "Company") (TSXV:OMI)(AIM:OMI), is pleased to provide an update on exploration progress at its new Lithium West Joint Venture ("the Project) in Nigeria,.


Details
As announced on Oct 16th 2023, the Company has entered into a Joint Venture ("JV") with Nigerian company Jurassic Mines Ltd ("Jurassic"), whereby Orosur, via a new 100% owned UK subsidiary, Lithium West Limited ("Lithium West"), may earn up to 70% equity in the Project by spending US$5m over 5 years in two phases:

1. Phase 1 - Lithium West can earn 51% equity in the Project by spending a total of US$3m over a maximum of three years.

2. Phase 2 - Lithium West can earn an additional 19% equity in the Project, up to a total of 70%, by spending an additional US$2m over a maximum of two years.
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