For thousands of other reports visit RSC's Mineral Intellingence Map
Orsu Metals Corp.
Summary
| Project: | Sergeevskoe | |
|---|---|---|
| Deposit: | Klyuchi | |
| Location: | Russia | |
| Commodities: | Gold | |
| Date: | 8/8/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-8-2018: Orsu Metals Corp. announces an Exploration/Drilling Update report for its Klyuchi deposit at the Sergeevskoe project. Drilling results incl. 58.5m @ 1.27g/t Au from 83.05m. Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is excite | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Alexander Yakubchuk (Internal) | |
| ABSTRACT: | Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is excited to announce excellent drill results at the Klyuchi West Zone of its Sergeevskoe Gold Project in Russia. Dr. Alexander Yakubchuk, Director of Exploration of Orsu commented: “Although Orsu identified a gold-mineralized stockwork at Klyuchi West in 2017, its extent remained unknown. New drilling in 2018 intercepted a 200-m-wide envelope with voluminous disseminated porphyry-like gold mineralization, superimposed by a linear 75-m-wide stockwork of northwest-trending gold-quartz veins. The highest gold grades tend to appear near the contact between granite and granodiorite porphyry intrusions. The stockwork trends towards the central part of the Kozie prospect, located some 250 m northwest from Klyuchi West. The area in between was never drilled or trenched in the past, and Orsu is currently drill-testing this area”. Dr. Sergey Kurzin, the Executive Chairman of the company added: “This is great news, we have not yet seen that sheer volume of mineralization at Sergeevskoe deposit. It is hoped that results from further drilling will connect this stockwork with the Kozie occurrence, to potentially double the expected size and tonnage of the Klyuchi West zone. We are nearing completion of the 2018 exploration program having drilled 8 000 out of 10 500 planned meters. I am very happy with what we have seen so far. All three zones that we worked on this year – Zone 23, Adit 5 and Klyuchi West - comfortably met and more often exceeded our expectations by a margin. Orsu is firmly on track to deliver the resource statement in Q4 2018.“ | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report