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Orsu Metals Corp.
Summary
| Project: | Sergeevskoe | |
|---|---|---|
| Deposit: | Sergeevskoe | |
| Location: | Russia | |
| Commodities: | Gold | |
| Date: | 6/3/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-6-2020: Orsu Metals Corp. announces an Exploration/Drilling Update report for its Sergeevskoe deposit at the Sergeevskoe project. Drilling results incl. 24m @ 2.96g/t Au from 76m. Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is pleased | |
| 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 report assay results of the reverse circulation (“RC”) drilling program as part of its ongoing preparation for pilot mining. The most significant intercepts at each of the main mineralized domains at Sergeevskoe project assayed Alexander Yakubchuk, the Company’s Director of Exploration, commented: “All RC holes were drilled in between the previous drill fences or in between the diamond drill holes within the previous drill fences. The overall average grade of the mineralized intercepts appears to be remarkably similar with the resource model, further confirming its validity.” Dr. Sergey V Kurzin, the Executive Chairman commented: “The RC drilling program was conducted by the pilot mining contractor and independently confirmed the geological model of the Sergeevskoe property. The RC drilling was an essential part of the preparation to commence pilot mining in the second half of this summer. Now we and our pilot mining contractor are conducting a grade control drilling program specifically delineating mineralization to be bulk mined within two planned initial open pits at the property. Orsu Metals will be reporting the results of the grade control drilling when available. Our knowledge and confidence of the deposit grows daily.” | |
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