Orsu Metals Corporation
Overview of Operations
The Company is currently in the process of disposing its two most advanced projects in the Republic of Kazakhstan (or “Kazakhstan. In addition, in September 2016, the Company completed the disposal of its Akdjol and Tokhtazan exploration licenses (the “Akdjol-Tokhtazan Project”) within the Kyrgyz Republic (or “Kyrgyzstan”).
The Company plans to utilise the sale proceeds from the successful disposal of its Kazakh projects for the pending acquisition of the Sergeevskoe gold project situated in the Mogocha District of the Zabaikal’skiy region of the Russian Federation.