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Orsu Metals Corp.
Summary
| Project: | Sergeevskoe | |
|---|---|---|
| Deposit: | Peak Klyuchi | |
| Location: | Russia | |
| Commodities: | Gold | |
| Date: | 10/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-10-2019: Orsu Metals Corp. announces an Exploration/Drilling Update report for its Peak Klyuchi deposit at the Sergeevskoe project. Drilling results incl. 2.2m @ 4.69g/t Au, 7.35g/t Ag from 38.25m. Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Co | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Alexander Yakubchuk (Internal) | |
| ABSTRACT: | Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is pleased to announce additional results from newly identified gold-mineralized zones at the Peak Klyuchi domain located within its Sergeevskoe Property, Zabaikalskiy Krai, Russian Federation. Dr. Alexander Yakubchuk, Director of Exploration of Orsu commented: “The newly discovered gold veins at Peak Klyuchi remain open along strike and downdip. We discovered new gold-mineralized zones across the strike as well. While average gold grade in the new workings is only slightly higher than the average gold grade in the Inferred Resource the average silver grade reaches 10.45 g/t, more than three times higher than in the Inferred Resource announced in April 2019. “ Dr. Sergey Kurzin, the Executive Chairman, noted: “The discovery of new gold mineralization at Peak Klyuchi domain once again highlights a possibility for growth at Sergeevskoe. We believe that our relatively limited 2019 drilling revealed a new gold-mineralized domain and the remaining data gaps in between the already drilled parts indicate a strong possibility for further expansion of the mineralized envelope. Peak Klyuchi may eventually merge into one mineral system with Klyuchi West, Intermediate, and Kozie domains. “ | |
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