Orosur Mining (OMI) Q1 2027 earnings summary

Executive summary

• Q1 exploration advanced at Anzá in Colombia and El Pantano in Argentina, with new mineralized zones, a significant APTA intersection and a newly defined epithermal gold-silver system.

• A Cdn$16.0M brokered placement closed after quarter-end; quarter-end cash was $7.841M, and cash including placement proceeds was $16.840M as of the MD&A date.

Financial highlights

• Continued-operations net loss was $545,000 for the three months ended Aug. 31, 2026, versus $685,000 in the prior-year quarter; basic and diluted loss per share was $0.00.

• Discontinued-operations loss was $3,000, down from $33,000 YoY; the decrease primarily reflected foreign-exchange movements.

• Total assets were $23.835M and total liabilities $2.319M at Aug. 31, 2026; shareholders’ equity was $21.516M.

Outlook and guidance

• Investment focus remains on exploration in Colombia and Argentina, while evaluating additional opportunities in South America.

• El Cedro drilling recommenced after mechanical issues, with a planned hole depth of 500m; exploration plans for El Pantano were to be developed after considering the project’s exploration vectors.