Orsu Metals Corp. reports that Sergei Stefanovich, the Managing Director of the Company, has privately acquired 1,276,162 common shares of the Company increasing his holdings to a total of 12,284,452 common shares. Stefanovich commented on the reason for him increasing his shareholding in Orsu: "Given the recently filed NI43-101 Technical Report on the Updated Mineral Resource Estimate for the Sergeevskoe Property [...]
Orsu Metals Corp. has filed a technical report titled: "NI43-101 Technical Report on the Updated Mineral Resource Estimate for the Sergeevskoe Property, Zabaikalskiy Krai, Russian Federation" dated effective January 9, 2020 to support the updated resource announced on January 20, 2020. Highlights: An Inferred Mineral Resource of 30.42 million tonnes, grading 1.45 g/t gold and containing 1.417 Moz gold at a 0.5 g/t gold [...]
Orsu Metals Corp. is pleased to announce the results of an updated Mineral Resource estimate for its Sergeevskoe Gold Project in Zabaikalsky Krai, Russia. The Mineral Resource estimate was independently prepared by Wardell Armstrong International Ltd. in accordance with the guidelines of the JORC Code /CIM Definitions Standards and NI 43-101 requirements. A Technical Report covering the Mineral Resource estimate will be [...]
Orsu Metals Corp. is pleased to provide the following update: Contingent Proceeds Received: Orsu has received a payment of US$500,000 related to the 2016 sale of its interest in the Akdjol-Tokhtazan Project located in the Kyrgyz Republic. The Company agreed with the buyers to settle all loans and deferred consideration and to fully release them from any and all other financial obligations in exchange for this settlement [...]
Orsu Metals Corp. is pleased to report the main achievements of its 2019 activities: 2019 exploration program consisting of 3 555 meters of diamond drilling and 2 795 meters of trenching successfully completed ; The footprint of the known mineralization increased two-fold to 2x1 km east-to-west and south-to-north; The exploration results will feed into an upgrade of the 43-101 mineral resource estimate expected in [...]
Orsu Metals Corp. is pleased to announce the final trenching and drilling results of the 2019 exploration program at its Sergeevskoe Property, Zabaikalskiy Krai, Russian Federation. Highlights: New mineralized clusters were identified at Kozie North, Peak Klyuchi, Sergeeva, increasing the footprint of the gold mineralized system to 2x1 km 2019 drilling and trenching at Kozie, Klyuch West and Zone 23 West suggests [...]
Orsu Metals Corp. is pleased to announce it has closed two concurrent non-brokered private placements announced on October 21, 2019 raising an aggregate of C$1,443,975. One placement is a unit offering of 1,400,000 units at a price of $0.2385 per Unit to raise proceeds of C$333,900 . Doug Casey, legendary speculator and best-selling author and the leader of Casey Research is one of the several well-respected investors who [...]
Not for Distribution to United States Newswire Services or for Dissemination in the United States Orsu Metals Corp. is pleased to announce it has arranged two concurrent non-brokered private placements to raise an aggregate of C$1,443,975. One placement is a unit offering of 1,400,000 units at a price of $0.2385 per Unit to raise proceeds of C$333,900 . Doug Casey, legendary speculator and best-selling author and the [...]
Orsu Metals Corp. 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. Highlights: Orsu 2019 core drilling works at Sergeevskoe completed - 3555.45 m in 13 holes Orsu outlined more than 10 new gold-mineralized veins within a 475 x 300 m area at the Peak Klyuchi domain The average [...]
Orsu Metals Corp. is pleased to announce additional trenching and drilling results of the 2019 exploration program from the western part of Zone 23 at its Sergeevskoe Property, Zabaikalskiy Krai, Russian Federation. Highlights: Mapping of trenches STR19-43, 44, 45 and 46 confirmed Zone 23 extension heading southwest not west-east as previously thought Trench STR19-46 intercepted multiple closely-spaced gold-mineralized [...]
Orsu Metals Corp. is pleased to announce the discovery of the new gold-mineralized zones as part of the 2019 exploration program at its Sergeevskoe Property, Zabaikalskiy Krai, Russian Federation. Highlights: At Peak Klyuchi, Orsu discovered and traced new gold-mineralized zones over a 400-meter strike length in drillholes and trenches Drillhole SDH19-88A intercepted 1.71 grams per ton Au and 16.12 g/t Ag over 6.1 meters [...]
Orsu Metals Corp. is pleased to announce the commencement of the 2019 exploration season at its Sergeevskoe Property, Zabaikalskiy Krai, Russian Federation. Highlights: Drilling, as Stage 1 of the 2019 exploration programme, started at Zone 23 to be continued at Peak Klyuchi, Kozie and Klyuchi West domains Stage 1 will also test previously undrilled occurrences Dr. Alexander Yakubchuk, Director of Exploration of Orsu [...]
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