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Orsu Metals Corp.
Summary
| Project: | Sergeevskoe | |
|---|---|---|
| Deposit: | Klyuchi West | |
| Location: | Russia | |
| Commodities: | Gold | |
| Date: | 1/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-1-2018: Orsu Metals Corp. announces an Exploration/Drilling Update report for its Klyuchi West deposit at the Sergeevskoe project. Drilling results incl. 21.45m @ 1.2g/t Au from 82.9m. Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is p | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Alexander Yakubchuk (Internal) | |
| ABSTRACT: | Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is pleased to announce additional encouraging drill results at the Klyuchi West Zone of its Sergeevskoe Gold Project in Russia. Dr. Alexander Yakubchuk, Director of Exploration of Orsu commented: “Drillhole SDH17-13 intercepted new mineralized intervals, not hitherto known from historical or surface trenching data at the Klyuchi West zone. Together with previously reported drillholes, SDH17-3 and SDH17-7, and trenches, S10ZTR17-15 and S10ZTR17-16, the newly reported results identified an approximately 250-m-wide stockwork, extending in northwestern direction to the Klyuchi West from adjacent Klyuchevskoe gold license. Although there are still gaps in data, this more than doubles the width of the mineralized stockwork, identified in the previously reported drillholes SDH17-3 and SDH17-7. Drillhole SDH17-14, drilled in parallel section some 60 m northwest from SDH17-13, demonstrated that gold-mineralized stockwork further extends to the northwest and mineralization remains open downdip, as well as across and along the strike.” The license of the Sergeevskoe Gold Project occurs east from the Alexandrovskoe open pit and gold plant owned by Zapadnaya Gold Mining Ltd and immediately to the west from the Klyuchevskoe gold license owned by Sun Gold Mining (Figure 1). The Klyuchevskoe (Klyuchi) gold deposit represents a +6 Moz gold endowment (see Orsu press-release dated September 21, 2016). Orsu owns a 90% interest in the Sergeevskoe Gold Project (see press release dated November 6, 2017). | |
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