Orsu Metals Corporation announced 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. The second set of 12 holes, 1921.50 metres were completed on December 24, 2017, with only the first assays being received from Phase 2. Results from the remaining holes are pending. The results of Hole SDH17-15 in the central part of Zone 23, drilled underneath the historical hole C-222 and previously reported SDH17-1, confirm the downdip continuation of mineralization by intercepting: 0.91 g/t Au over 6.7 m from 123.2 m; 3.4 g/t Au over 24.75 m from 139.4 m (including 5.83 g/t Au over 11.2 m); 2.04 g/t Au over 17.05 m from 200.45 m (including 6.87 g/t Au over 0.85 m and 2.7 g/t Au over 6.95 m); 1.19 g/t Au over 6.5 m from 223.1 m. The first assays from the program were from Zone 23, where the Company previously reported encouraging intercepts in the 114-m-deep drillhole SDH17-1. Additional Phase 2 works at Zone 23 consisted of four drillholes, totaling 735.65 m. These drillholes tested its strike length for 200 m out of total surface footprint length of at least 500 m. They primarily attempted to test the downdip and along strike extension of mineralization intercepted in drillhole SDH17-1. The mineralization at Zone 23 is limited in the north along the Shirotnyi fault, extending from the Klyuchevskoe open pit. This fault is interpreted as a strike-slip fault with dextral offset for some 1 km relative to the mineralization in the Klyuchevskoe open pit. It separates the granodiorite stock to the north from the hosting granite intrusions to the south. The latter is a host to best mineralized quartz-tourmaline-sulfide veins and veinlets, forming stockwork zones. At Zone 23, the stockwork strikes from the west to the east, as confirmed by historical and Orsu trenches. The style of mineralization can be best classified as intrusion-hosted gold.