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Orsu Metals Corp.
Summary
| Project: | Sergeevskoe | |
|---|---|---|
| Deposit: | Klyuchi West, Kozie | |
| Location: | Russia | |
| Commodities: | Gold-Molybdenum-Silver | |
| Date: | 11/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-11-2017: Orsu Metals Corp. announces an Exploration/Drilling Update report for its Klyuchi West, Kozie deposit at the Sergeevskoe project. Drilling results incl. 5.15m @ 4.23g/t Au from 128.9m. Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Compan | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Alexander Yakubchuk (Internal) | |
| ABSTRACT: | Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is pleased to announce encouraging results from Phase 2 exploration program at its Sergeevskoe Gold Project in Russia. Dr Alexander Yakubchuk, Director of Exploration of Orsu commented: “Based on just 1053 m of drilling and 1159.5 m of trenching, constrained by pole-dipole induced polarization survey data, Orsu was able to extend the mineralization identified in 2017 winter trenches at Kozie for 800 m along the strike and for 200 m downdip. At Klyuchi West, our results revealed a stockwork, consisting of multiple subvertical mineral zones, some with high grade gold, extending to a depth of 150-250 m. Although both prospects require further drill testing, the newly received data demonstrate presence of a large system with mineralization established immediately to the west of the Klyuchi gold deposit. Orsu continues its exploration works at Sergeevskoe property during Q4 2017 with additional 1750 m of drilling. The license of the Sergeevskoe Gold Project occurs immediately east from the Alexandrovskaya gold plant owned by Zapadnaya Gold Mining Ltd and to the west from the Klyuchevskoe gold license owned by Sun Gold Mining (Figure 1). Klyuchevskoe (Klyuchi) gold deposit represents a +6 Moz gold endowment (see Orsu press-release dated September 21, 2016). | |
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