|Orsu Metals aka OSU released an update on their Sergeevskoe Au project in Russia. This property is situated between two operating gold mines and already has a resource, but this was the first modern systematic exploration programme across the entire property. Sampling has extended the mineralization across the property, essentially linking up those two operating gold mines, in the process generating seven targets which will be followed up in due course. In the meantime, the company has commissioned an updated Resource Report and a PEA.|
Thanks to all the new high grade properties Karora Resources aka KRR has added and is in the process of drilling up and preparing for production, it is easy to forget how prospective their foundational property at Beta Hunt is beyond the the coarse gold and the nickel. Most recently, they found gold interceptions up to 40.5 g/t over 4.0M in a new mineralogical setting while looking for more nickel, Another new discovery in the Larkin zone included the widest intersection yet found, 1.5 g/t over 90M. Neither of these area have existing gold resources.
These and other results indicate there is a lot more to be found at Beta Hunt.
Minera IRL aka MIRL released their Q3 financials today, but since there is no line item for Money SIphoned Off to the CEO's Friends and Family, I won't spend any more time discussing it.