Orosur Mining investor Newmont sells 9.4% interest

Mr. Louis Castro reports OROSUR MINING INC ANNOUNCES SALE OF STAKE IN COMPANY Orosur Mining Inc. has been notified that Newmont Mining Corp., which held a stake of approximately 9.4 per cent in the company, has sold this holding to several institutional long-term investors, at a price of 19 cents per common share of Orosur. The sale of the stake is in keeping with Newmont's program of non-core divestments. In its release of yesterday to the Toronto Stock Exchange, after market close, announcing the sale, Newmont also stated that "Newmont may, depending on price, market conditions, or other conditions or factors it considers relevant from time to time, increase its beneficial ownership, control or direction over common shares or other securities of Orosur through market transactions, private agreements or otherwise." Orosur executive chairman Louis Castro commented: "Whilst we are sad to see Newmont go, we understand that the sale of the stake is part of Newmont's strategy of non-core disposals. Newmont has been a loyal and supportive partner to Orosur. We part on good terms and we welcome a number of strong and knowledgeable long-term investors as we push further into an exciting growth phase for the company. Their investment is testament to the potential of the projects we are developing." About Orosur Mining Inc. Orosur Mining is a minerals explorer and developer currently operating in Colombia, Argentina and Nigeria.