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Orsu Metals Corp.
Summary
| Project: | Sergeevskoe | |
|---|---|---|
| Deposit: | Adit 5 | |
| Location: | Russia | |
| Commodities: | Gold | |
| Date: | 10/15/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-10-2018: Orsu Metals Corp. announces an Exploration/Drilling Update report for its Adit 5 deposit at the Sergeevskoe project. Drilling results incl. 18.3m @ 1.34g/t Au from 17.7m. Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is deligh | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Alexander Yakubchuk (Internal) | |
| ABSTRACT: | Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is delighted to announce drilling results from 15 drill holes and 3 trenches at Adit 5, as part of the extended 12,500 meters (‘m’) drilling program at its Sergeevskoe Gold Project in Russia. The program is designed to deliver an estimation of a maiden resource in Q4 2018. Dr. Alexander Yakubchuk, Director of Exploration of Orsu commented: “Instead of finding the historically anticipated presence of 4 to 5 northwest-trending goldquartz-sulfide veins at Adit 5, Orsu identified gold in 15 closely-spaced fanshaped northwest to northeast-striking mineralized zones within a 450x250 m area. The vein swarms in the west and east of Adit 5 are grading on average between 0.52 g/t Au and 3.07 g/t Au over a variable drill width of 2 to 21.8 m to a depth of 100-200 m. The combined drill width of some closely spaced goldmineralized veins, intercepted in individual drill holes varies from 4 to 61 m. In the north, mineralization at Adit 5 almost orthogonally joins the eastern part of Zone 23, therefore occurring on the southeastern flank of Zone 23. Orsu believes that gold mineralization at Adit 5 significantly expands the resource potential for the forthcoming NI43-101 estimate” | |
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