Orosur Mining Inc. reported operating results for the third quarter ended February 28, 2015. For the quarter, the company gold production was 13,760 oz compared to 13,218 oz a year ago.

The company reported consolidated earnings results for the third quarter and nine months ended February 28, 2015. For the quarter, the company reported sales of $16,445,000 against $16,741,000 a year ago. Loss before income tax was $1,608,000 compared to profit before income tax of $84,000 a year ago. Total loss for the period was $1,884,000 compared to $15,000 a year ago. Total comprehensive loss for the period was $2,235,000 compared to $15,000 a year ago. Basic and fully diluted loss per common share was $0.02. The company invested $2.4 million in capital expenditures and $1.5 million in exploration expenditures in the quarter compared to $1.8 million and $1.1 million respectively a year ago. Cash flow from operations was $3.0 million compared to $3.5 million a year ago.

For the nine months, the company reported sales of $50,375,000 against $60,061,000 a year ago. Loss before income tax was $4,721,000 compared to profit before income tax of $4,710,000 a year ago. Total loss for the period was $4,408,000 compared to total income for the period of $2,486,000 a year ago. Total comprehensive loss for the period was $5,279,000 compared to total comprehensive profit for the period of $2,486,000 a year ago. Basic and fully diluted loss per common share was $0.06 compared to basic and fully diluted income per common share of $0.013 a year ago. Net cash generated from operating activities was $7,941,000 against $15,133,000 a year ago. Purchase of property, plant and equipment and development costs was $6,759,000 compared to $3,621,000 a year ago. Cash net of debt was $2,500,000 as on February 28, 2015.

The company maintains its forecast production guidance for fiscal year 2015 between 50,000 to 55,000 ounces of gold at operating cash costs of between $850 to $950 per ounce.

For the third quarter ended February 28, 2015, the company reported impairment of assets was $63,000.