Orsu Metals Corp.

White Rock, British Columbia - Orsu Metals Corp. extends mineralization at Zone 23 of its Sergeevskoe Gold Project in Russia. Highlights: Holes SDH17-16 and SDH17-17, drilled 80 m east of SDH17-15, confirmed an extension to the east of gold mineralization at Zone 23 Hole SDH17-16 intercepted: ï¿® 1.58 g/t Au over 19.1 m from 105 m ï¿® 1.94 g/t Au over 8.8 m from 136.3 m ï¿® [...]

White Rock, British Columbia - Orsu Metals Corp. is pleased to announce additional encouraging drill results at the Klyuchi West Zone of its Sergeevskoe Gold Project in Russia. Highlights: The footprint width of gold-mineralized stockwork at Klyuchi West is now drill-confirmed to reach 250 m. Hole SDH17-13 intercepted: ï¿® 0.58 g/t Au over 6.3 m from 9.3 m, ï¿® 2.05 g/t Au over 12.5 m from [...]

White Rock, BC - Orsu Metals Corp. is pleased to announce completion of a Phase 2 diamond drilling program and reports significant results at its Sergeevskoe Gold Project in Russia.  The first 8 holes, 1,723.0 metres of the Phase 2 program, were announced on November 9 and November 13, 2017.  The second set of 12 holes, 1921.50 metres were completed on December 24, 2017, with only the first assays being received from [...]

White Rock, BC - Orsu Metals Corp. reports that it has reached agreement with its directors, officers and a consulting advisor that each director, officer or consulting advisor may elect to be paid up to 100% of their annual fees in common shares of the Company, subject to the approval of the TSX Venture Exchange .  The Company will settle the total amount accrued at the end of the calendar year by the issue of shares to [...]

White Rock, BC - Orsu Metals Corp. reports that as announced on November 6, 2017, Orsu has now closed the purchase of an additional 60% interest in Sibzoloto Investments Limited , the indirect holder of the Sergeevskoe gold project in Russia on November 30, 2017. On closing the definitive agreement, the sellers of the 60% interest in Sibzoloto were paid US$420,000 and were granted a net smelter return royalty of 0.75% on [...]

White Rock, BC - Orsu Metals Corp. is pleased to announce additional encouraging results from Phase 2 exploration program at its Sergeevskoe Gold Project in Russia. Highlights: Two prospects – Zone 23 and Adit 5 – were trenched and drilled at the Sergeevskoe Gold Project, with a total of 1200 metres in 8 trenches and 638.8 m in four widely-spaced drill holes. At Zone 23, hole SDH17-1, drilled near the [...]

White Rock, BC - Orsu Metals Corp. is pleased to announce encouraging results from Phase 2 exploration program at its Sergeevskoe Gold Project in Russia. Highlights: Two prospects – Klyuchi West and Kozie – were trenched and drilled at the Sergeevskoe Gold Project, with a total of 1159.5 metres in 14 trenches and 1053 metres in 4 holes completed to test the winter 2017 results At Klyuchi West, results from [...]

White Rock, BC (FSCwire) - Orsu Metals Corp. (TSX-V: OSU) (“Orsu” or the “Company”) closed the purchase of the initial 30% interest in Sibzoloto Investments Limited (“Sibzoloto”), the indirect holder of the Sergeevskoe gold project in Russia on May 18, 2017. Pursuant to the share purchase agreement, Orsu and the four sellers (the “Sellers”) of Sibzoloto had agreed that if the sale of Karchiga completed prior to September [...]

White Rock, BC (FSCwire) - Orsu Metals Corp. (TSX-V: OSU) (“Orsu” or the “Company”) reports that the sale of the Company’s 94.75% participation interest in GRK MLD LLP (“MLD Interest”) for US$6 million less closing costs has completed.  Orsu received US$5,908,000 net proceeds on October 10, 2017 and the Company then transferred the MLD Interest to CMSS Global Supply and Trading – FZC, a corporation registered under the [...]

White Rock, BC (FSCwire) - Orsu Metals Corp. (TSX-V: OSU) (“Orsu” or the “Company”) reports that for the first time since September 2015, the Directors granted stock options on September 21, 2017 on a total of 2,845,000 common shares exercisable for up to five years at a price of $0.13 per share.  The options granted are subject to applicable regulatory hold periods. ENDS For further information, please contact: Doris [...]