Orsu Metals Corp. is pleased to announce it has entered into a non-binding letter agreement to acquire a portfolio of core assets , including the Alexandrovskoye open pit gold mining project and mining processing plant . The GOK assets are located immediately west of the Company's Sergeevskoe project located in Russia. Orsu and GOK are currently [...]
Orsu Metals Corp. is pleased to update on the results of the bulk test at its Sergeevskoe project: Bulk Test: Since September 7, 2020 and as of September 24, 2020 the Company and its primary contractor the Alexandrovskoe gold mine extracted 102 583 tons of mineralized material, or approximately 5 700 tons of mineralized material per day. Of that [...]
Orsu Metals Corp. is pleased to report on progress of grade control drilling program at the Adit 5 domain of the Sergeevskoe Project as part of its ongoing preparation for pilot mining. The Company completed 8842.3 meters in 783 grade control drill holes over two areas of 230x180 m and 150x30 m; With assays received for all GC holes, Orsu has [...]
Orsu Metals Corp. signed a bulk test and pilot mining agreement to process the Sergeevskoe gold-mineralized material at the Alexandrovskoye mine and gold plant. The Alexandrovskoye mine and gold-processing plant are owned by Zapadnaya Gold Mining Limited, operating three gold mines in the Russian Federation with total annual production of 106.5 [...]
Orsu Metals Corp. is pleased to report on progress of a grade control drilling program at the Adit 5 domain of the Sergeevskoe Project as part of its ongoing preparation for pilot mining. The Company completed 3505.1 meters in 290 grade control drill holes over an area of 120x100 m and to a variable depth of 5-18 m; With assays received for 257 GC [...]
Orsu Metals Corp. is pleased to report that the shareholders of the Company approved the continuation of the Company from the BVI to British Columbia, Canada, at the annual general and special shareholder meeting held June 26, 2020. As detailed in the management information circular for the AGSM, new legislation in the BVI has introduced economic [...]
Orsu Metals Corp. is pleased to report that it has posted its updated corporate presentation for June 2020 on its web site: https://www.orsumetals.com/investors/presentations/ The Corporate presentation showcases: The Company is permitted to pilot mine 1,050,000 tons of mineralized material for up to 3 years in order to establish the essential [...]
Orsu Metals Corp. is pleased to report that: On June 9, 2020, the Russian Subsoil Agency Commission on Mining has approved the technical report on the Sergeevskoe project that allows the Company to begin pilot mining; This effectively represents a permit to begin mining after registration with the Russian Subsoil Agency; The Company can mine [...]
Orsu Metals Corp. is pleased to report on progress of grade control drilling program at the Kozie domain of the Sergeevskoe Project as part of its ongoing preparation for pilot mining. The Company completed 3969 meters in 349 grade control drill holes spacing 10 by 2.5 m over an area of 170x100 m and to a variable depth of 5-15 m The GC holes [...]
Orsu Metals Corp. is pleased to report assay results of the reverse circulation 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: Kozie - drillhole RCS02 intercepted 2.53 grams per ton gold Au over 9 meters , including 4.85 [...]
Orsu Metals Corp. is pleased to update on its ongoing operational activities: The Company is moving forward with its plans to conduct a bulk test pilot mining program beginning with a reverse circulation and grade control drilling program at its Sergeevskoe project in the Zabaikalye area of the Russian Federation; Subject to receipt of permits the [...]
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 [...]
