Aankondiging • Mar 23
Orsu Metals Corporation CDA Ordinary Shares to Be Deleted from OTC Equity Orsu Metals Corporation CDA Ordinary Shares will be deleted from OTC Equity effective March 25, 2024, due to Inactive Security. Board Change • Jan 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director David Rhodes was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jun 29
Orsu Metals Corporation, Annual General Meeting, Aug 26, 2022 Orsu Metals Corporation, Annual General Meeting, Aug 26, 2022. Board Change • Apr 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. MD & Director Sergei Stefanovich was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. MD & Director Sergei Stefanovich was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. MD & Director Sergei Stefanovich was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 23
Orsu Metals Corporation Identifies the Extent of the Mineralized Envelopes Based on First Results from 2021 Exploration Program Orsu Metals Corporation provided an update on its exploration activities at the Sergeevskoe project located in Russia. The Company has completed a geochemical sampling survey. A total of 2456 soil samples were collected, covering approximately 5.5 square kilometres of the license area outside of the resource envelope located in the southeast of the Sergeevskoe licence area and excluding the Karmaevskoe part in the northeast of the licence disturbed by historical trenching or drilling. The samples were collected along the north-south traverses, spacing 100 m. The distance between the individual samples was 20 m. In several instances it was not possible to collect soil samples on steep slopes covered by rocks debris and in the areas of permafrost. To date, the Company received multi-element assays, including gold, silver, and pathfinders, for 1079 samples (43.9% of total) mostly from the northern and eastern parts of the Sergeevskoe licence. The assay results for the remaining 56.1% are expected in the second half of October 2021. More than 50% of received assays revealed values in excess of 0.1 ppm gold. These values were used to compile a preliminary map showing the distribution of the +0.1 ppm gold anomalies. Many samples returned gold values more than 0.25 and 0.5 ppm. One sample returned 1.11 ppm gold. The higher-grade assays tend to occur in clusters which represent the most obvious drilling targets. The Company will provide full statistics once Orsu receives all assay results. The new data clearly outline anomalies previously unknown in the area due to poor quality of historical surveys and contamination from historical workings. In particular, the 1-km-long and 320-m-wide northwest-trending anomaly in the centre of the licence clearly shows where a gold-quartz stockwork can be traced from Peak Klyuchi and Kozie domains, essentially with a chance to double the strike length of the known mineralized envelope. Many closely spaced north-northwest-trending anomalies were identified in the northern part of the Sergeevskoe licence over a distance of 2800 m. They form two clusters, 1500x1000 m and 1000x750 m, on strike from each other and on immediate continuation of mineralization known at the Karmaevskoe Au-Mo vein occurrence, in the Klyuchevskoe open pit, and to the north of the Kozie domain, all with established gold resources. A new 800-m-long anomaly emerged at the Sergeeva prospect near the southern boundary of the licence, where Orsu has previously drilled only two holes. Aankondiging • Jul 20
Orsu Metals Corporation Starts 2021 Exploration Program Orsu Metals Corporation provided an update on its exploration activities at the Sergeevskoe project located in Russia. The Company is conducting a geochemical sampling survey to collect 2,800 soil samples, covering approximately 5.5 square kilometres of the entire license area outside of the resource envelope located in the southeast of the Sergeevskoe licence area. As of July 14, 2021, the geochemical survey work is about 10% complete. The geochemical survey is being funded from the Company's share of proceeds from the sale of gold extracted from three open pits on the Sergeevskoe project. The pilot mining program was conducted in 2020 in partnership with the neighbouring Alexandrovskoe gold mine (the "Contractor"). A total of approximately 5,000 ounces were recovered and processed at the Alexandrovskoe plant. The Company's share of the sale proceeds after deducting the Contractor's cost of processing was 198 million Russian rubles (approximately $2.6 million) of which 78 million ($1 million) was received 2020 and the remaining $1.6 million in 2021. In 2020, the Company paid approximately RUB 69 million (approximately $0.91 million) in mineral extraction tax and may have to pay income taxes on this revenue stream. Orsu and the Contractor mutually decided to suspend pilot mining temporarily given the need for the Contractor to revert to mining and processing its own ores. Is New 90 Day High Low • Mar 06
New 90-day low: CA$0.25 The company is down 22% from its price of CA$0.32 on 03 December 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 4.0% over the same period. Aankondiging • Feb 04
Orsu Metals Reports the Results of the First Phase of Pilot Mining at its Sergeevskoe Gold Project in Russia Orsu Metals Corporation updated on the results of the first phase of pilot mining at its Sergeevskoe project. From September 7, 2020 to November 28, 2020 (First Phase of pilot mining) the Company and Alexandrovskoe gold mine, its primary contractor ("Contractor"), extracted and processed 176,000 tons of mineralized material from Sergeevskoe. The average grade of the mineralized feed material as assayed at the entrance to the processing plant over this period has been 1.41 grammes per ton ("g/t") gold after mining dilution and mining loss. This is consistent with the geological model of the deposit and grade control drilling. The plant of the Alexandrovskoe gold mine, not originally designed to treat the Sergeevskoe mineralization, is located approximately 5 km west from the pilot pits at the Sergeevskoe project. It uses gravity-flotation-cyanidation with carbon-in- leach to recover gold. Over the first phase of pilot mining, gold recoveries averaged 65%. The recoveries into gravity concentrate exceeded their expectations while we believe that recoveries into flotation concentrate can be materially improved by adjusting the cyanidation time and optimization of absorption and desorption circuit. The plant extracted 155.7 kilograms of gold or approximately 5,000 ounces of gold into Dore bars, which were delivered to the refinery. The Company's proportion of these sales, after deduction the Contractor's cost of processing is estimated to be RUB 175 million (approximately USD 2.3 million) of which 75 million has been received with the remainder to be paid to the Company through to April 2021. Orsu and the Contractor mutually decided to suspend pilot mining temporarily given the need for the Contractor to revert to mining and processing its own ores. Qualified Person: Alexander Yakubchuk, the Company's Director of Exploration, Ph.D., MIMMM, a Qualified Person as defined by NI 43-101, has reviewed, verified and approved the exploration information disclosures contained in this press release. Is New 90 Day High Low • Feb 02
New 90-day low: CA$0.26 The company is down 19% from its price of CA$0.32 on 03 November 2020. The Canadian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 2.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CA$0.29 The company is down 9.0% from its price of CA$0.32 on 04 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is down 10.0% over the same period. Aankondiging • Oct 30
Orsu Metals Corporation (TSXV:OSU) entered into a non-binding letter of intent to acquire a portfolio of Alexandrovskoye assets in Russia. Orsu Metals Corporation (TSXV:OSU) entered into a non-binding letter of intent to acquire a portfolio of Alexandrovskoye assets in Russia on October 29, 2020. Pursuant to the LOI, Orsu Metals Corporation has the exclusive right to conduct due diligence and agree on the structure and terms of the transaction and execution of a definitive agreement by February 28, 2021. The transaction is subject to customary closing conditions, including due diligence by each of Orsu and GOK, the negotiation and finalization of a binding definitive agreement for the Transaction, the approval of the Transaction by the Boards of Directors of each of Orsu and the sellers, and the approval of the TSX Venture Exchange. Is New 90 Day High Low • Oct 17
New 90-day low: CA$0.30 The company is down 22% from its price of CA$0.39 on 17 July 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 4.0% over the same period. Aankondiging • Sep 30
Orsu Metals Corporation Update on the Results of the Bulk Test At Its Sergeevskoe Project Orsu Metals Corporation update on the results of the bulk test at its Sergeevskoe project. The Company and its primary contractor the Alexandrovskoe gold mine ("Contractor") extracted 102, 583 tons of mineralized material, or approximately 5 700 tons of mineralized material per day. Of that tonnage 58 384 tons represent mineralized material that has been processed or stockpiled for processing. The remaining 44 199 of lower-grade mineralized material was stockpiled on site for later processing. The Company notes that it mined only 37,000 tons of barren material producing an excellent low strip ratio of 0.35 of overburden to one ton of mineralized material. Processing: As of September 24, 2020, the Contractor has processed 41,561 tons of mineralized material at a daily run-rate of approximately 2 300 tons at its gold- extracting plant. Grade and Recoveries: The average grade of the feed mineralized material over this period has been 1.45 g/t gold, consistent with the geological model of the deposit and subsequent grade control drilling. The gold plant of the Alexandrovskoe mine uses gravity-flotation-cyanidation with carbon-in-leach to recover gold, which was not originally designed to treat the Sergeevskoe mineralization. As of September 25, 2020, gold recoveries averaged 71%. The recoveries into gravity concentrate exceeded expectations while continue to work to improve recoveries into flotation concentrate to better overall recoveries going forward. Gold produced: As of September 25, 2020, the total gold extracted into Dore bars and delivered to the refinery was 38.2 kilograms of gold or 1 230 ounces of gold. The Company and the Contractor will share in the proceeds of this sale. 