For thousands of other reports visit RSC's Mineral Intellingence Map
Orsu Metals Corp.
Summary
| Project: | Sergeevskoe | |
|---|---|---|
| Deposit: | Zone 23, Adit 5 | |
| Location: | Russia | |
| Commodities: | Gold | |
| Date: | 11/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-11-2017: Orsu Metals Corp. announces an Exploration/Drilling Update report for its Zone 23, Adit 5 deposit at the Sergeevskoe project. Drilling results incl. 32.1m @ 1.61g/t Au from 48.55m. Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) | |
| 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 results from Phase 2 exploration program at its Sergeevskoe Gold Project in Russia. Dr. Alexander Yakubchuk, Director of Exploration of Orsu commented: “At Zone 23 and Adit 5, based on just 638.8 m of drilling and 1200 m of trenching and guided by pole-dipole induced polarization survey data, Orsu was able to delineate another significant 1 km long gold mineral cluster at the Sergeevskoe Gold Project, structurally representing an offset from the Klyuchevskoe gold deposit. At Zone 23, the 530x120 m west-east trending gold mineralization forms several seemingly discrete zones, which merge at just 45 m depth into coherent wide intervals (SDH17-1), broadly confirming historical drilling results. At 430x250 m Adit 5 prospect, Orsu revealed multiple intercepts over broadly north-south trending vein swarms, confirmed by drilling to a depth of 180 m. Orsu continues its exploration works at Sergeevskoe property during Q4 2017 with additional 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). Orsu currently owns a 30% interest in the Sergeevskoe Gold Project and the Company has agreed to acquire a further 60% interest for a total interest of 90% (see November 6, 2017 news release). | |
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