Orsu Metals Drill Results Confirm High Grade Single
Lode At Karchiga
As part of
ongoing Definitive Feasibility Study, Orsu
Metals (TSX: OSU)
has received all assay results for its 2010 infill drilling programme in the North East lode at its Karchiga deposit in Kazakhstan.
Infill drilling
is a double edged sword, as there is always a danger it will reveal that
the original assay results were anomalies.
Orsu's infill program
indicates the opposite. The deposit is wider and richer than their
original scoping study had suggested.
Selected drill
results demonstrate that the copper sulphide mineralisation in the North East constitutes a single
lode.
Orsu's Karchiga Cu deposit is located within the Vavilon-Karchiga zone of the northwest striking, mid-Palaeozoic, Rudny Altai VMS
belt, which is ranked in the top four Volcanogenic Massive Sulfide (VMS)
belts of the world.
VMS are
relatively rare geological formations that contain rich lodes of Copper,
Zinc, Gold and Silver. They typically occur in lens-like or tabular
bodies parallel to the volcanic bedding. A single VMS deposit can be
worth hundreds of millions of dollars.
Prior to the
Company's 2010 infill drilling programme, the
North East lode showed an absence of oxide material and was interpreted
as consisting of three separate ore zones. One of these zones had been
classified as indicated and the other two as inferred.
The 2010 infill
drilling program, which consisted of 40 diamond drill holes (3,876 m),
was focussed on up-grading the inferred mineral
resources of the North East lode to the indicated category.
The 2010
mineral resource estimate showed that the mineralisation
in the North East lode was located within three shallow-dipping zones.
The latest drilling demonstrates that there is continuity between these
lenses and in fact they form a single lode with a strike length of about
1 km.
Resource
modeling incorporating the new data is currently in progress as well as
upgrading the resource from indicated to inferred, there is a possibility
that the overall mineral resource tonnage will also be increased.
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