Welcome!

Microsoft Cloud Authors: Janakiram MSV, Yeshim Deniz, David H Deans, Andreas Grabner, Stackify Blog

News Feed Item

Orsa Reports Positive Assay Results at Quartz Mountain Property

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/16/13 -- Orsa Ventures Corp. ("Orsa" or the "Company") (TSX VENTURE:ORN) is pleased to announce further positive confirmatory drill results at its wholly-owned Quartz Mountain Property, in Lake County, Oregon, USA.

Drill core from the 2004 and 2009 drill campaigns was relocated to Orsa's new office and core logging facility in the town of Lakeview. Given the focus of the previous operators on high grade vein systems for those drill programs, the majority of the core was not split, logged, nor assayed.

Orsa's immediate priorities include the detailed logging and sampling for gold assay and for geochemistry of the nine diamond drill holes on Crone Hill and Quartz Butte domes comprising the Quincy Drilling Campaign of 2004. In total, Quincy drilled three holes on Crone Hill for 2,377 feet (724.5 metres ("m")), and six holes on Quartz Butte for 5,789 feet (1764.5 metres).

The Crone Hill and Quartz Butte domes contain a 2.85 million ounce Inferred gold Resource (110,448,000 tonnes grading 0.80 grams per tonne ("g/t") gold) with excellent exploration upside. That resource is based on 263,000 feet (80,000 metres) of drilling completed in the 1980's.

Orsa is pleased to report that all holes intercepted anticipated gold mineralization as modeled with highlights as follows:

Highlights include:

Hole QM-725 returned a weighted average of 29 m of 0.92 g/t Au;

Hole QM-728 returned a weighted average of 15.2 m of 0.74 g/t Au, and 44.2 m of 1 g/t Au;

Hole QM-729 returned a weighted average of 51.8 m of 1.13 g/t Au; and

Hole QM-730 returned a weighted average of 45.7 m of 0.88 g/t Au.

Assays for these drill holes are as shown in the attached table.

Reported intervals must be at least 1.5 meters wide; drill hole intercepts are reported at a 0.2 g/t Au cutoff or a 0.4 g/t Au cutoff. Intervals contain no more than four low-grade to barren samples between mineralized samples containing over 0.2 g/t Au or intervals contain no more than two low-grade to barren samples between mineralized samples containing over 0.4g/t Au.

Orsa Ventures utilizes a comprehensive QA/QC program consisting of blanks, drill rig sample duplicates and reference samples to ensure best practices are followed and the data collected is of the highest quality. All samples were prepared to normal industry standards and assayed for gold by Fire assay with AA finish by Als Chemex of Reno accredited to ISO/IEC 17025-2005 standards to provide complete assurance regarding quality performance in every aspect of their network. Intercepts are close to true thickness.

Table 2 Assay Results (see Map 1 below)                                   
                                                                          
--------------------------------------------------------------------------
                                                           Interval        
                         Azimuth      Dip    From       To       (1) Au (2)
Hole #     East   North (degrees)(degrees)(metres) (metres) (metres)  (g/t)
--------------------------------------------------------------------------
QM-725  1921055  239932      350      -70    77.7    106.7       29   0.92
--------------------------------------------------------------------------
                                            137.2    176.8     39.6   0.26
--------------------------------------------------------------------------
QM-726  1921065  239831    292.6      -82    88.4    117.4       29   0.33
--------------------------------------------------------------------------
                                            131.1    161.5     20.4   0.29
--------------------------------------------------------------------------
                                            182.9    207.3     24.4   0.37
--------------------------------------------------------------------------
                                            219.3      221      1.7   0.49
--------------------------------------------------------------------------
QM-728  1920562  239981      105      -48    85.3    100.6     15.2   0.25
--------------------------------------------------------------------------
                                            143.3    149.4      6.1   0.53
--------------------------------------------------------------------------
                                            167.6    182.9     15.2   0.74
--------------------------------------------------------------------------
                                            195.1    239.3     44.2    1.0
--------------------------------------------------------------------------
                                            254.5    257.6      3.1   0.77
--------------------------------------------------------------------------
                                            266.7    274.3      7.6   0.63
--------------------------------------------------------------------------
                                                                         
--------------------------------------------------------------------------
QM-729  1920645  240205      120    -57.5    44.2    332.8    288.7   0.57
--------------------------------------------------------------------------
                         Include            268.2    320.0    51.82   1.13
--------------------------------------------------------------------------
QM-730  1920646  240205       98    -59.7    57.9    103.6     45.7   0.88
--------------------------------------------------------------------------
                                            112.8    132.6     19.8   0.45
--------------------------------------------------------------------------
                                            253.0    283.5     30.5   0.63
--------------------------------------------------------------------------
                                                                         
--------------------------------------------------------------------------
QM-732  1921283  240334    128.4    -67.2    64.0    128.0     62.5   1.14
--------------------------------------------------------------------------
                                            149.4    179.8    30.48   0.52
--------------------------------------------------------------------------
                                            Assay                          
                                          pending                          
--------------------------------------------------------------------------

Please click the following link for the drilling map and sections http://www.slideshare.net/slideshow/embed_code/16010944

Bruno Barde P. Geo. manages Orsa's exploration and development programs at Quartz Mountain and is the Qualified Person as defined by National Instrument 43-101. He supervised the preparation of the technical information in this release.

About Orsa

Orsa Ventures Corp. is a junior development company focused on the exploration for, and development of, gold-silver-copper properties in the western United States. In addition to the Quartz Mountain Property, Orsa recently announced the discovery of significant sediment-hosted gold system at its Coal Canyon Property in the Oreana Mining Trend, Nevada, where over 10 million ounces has been discovered since 2009. The Company also has the right to earn a 51% interest Ashby Property, a former gold producer and porphyry copper-gold target, located in the Walker Lane Mining Trend, host to several large copper and gold deposits in Nevada.

On behalf of the Board of Directors,

Linda Thorstad, President and Chief Executive Officer

FORWARD LOOKING STATEMENTS

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding the Company's plans with respect to the closing of the Financing and the use of proceeds thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Orsa Ventures Corp.
Linda Thorstad
President and Chief Executive Officer
604.608.6680
604.558.0087 (FAX)
www.orsaventures.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
DevOps at Cloud Expo – being held June 5-7, 2018, at the Javits Center in New York, NY – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Among the proven benefits,...
@DevOpsSummit at Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, is co-located with 22nd Cloud Expo | 1st DXWorld Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
SYS-CON Events announced today that T-Mobile exhibited at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on qua...
SYS-CON Events announced today that Cedexis will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Cedexis is the leader in data-driven enterprise global traffic management. Whether optimizing traffic through datacenters, clouds, CDNs, or any combination, Cedexis solutions drive quality and cost-effectiveness. For more information, please visit https://www.cedexis.com.
SYS-CON Events announced today that Google Cloud has been named “Keynote Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Companies come to Google Cloud to transform their businesses. Google Cloud’s comprehensive portfolio – from infrastructure to apps to devices – helps enterprises innovate faster, scale smarter, stay secure, and do more with data than ever before.
SYS-CON Events announced today that Vivint to exhibit at SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California. As a leading smart home technology provider, Vivint offers home security, energy management, home automation, local cloud storage, and high-speed Internet solutions to more than one million customers throughout the United States and Canada. The end result is a smart home solution that sav...
SYS-CON Events announced today that Opsani will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Opsani is the leading provider of deployment automation systems for running and scaling traditional enterprise applications on container infrastructure.
SYS-CON Events announced today that Nirmata will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nirmata provides a comprehensive platform, for deploying, operating, and optimizing containerized applications across clouds, powered by Kubernetes. Nirmata empowers enterprise DevOps teams by fully automating the complex operations and management of application containers and its underlying ...
SYS-CON Events announced today that Opsani to exhibit at SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California. Opsani is creating the next generation of automated continuous deployment tools designed specifically for containers. How is continuous deployment different from continuous integration and continuous delivery? CI/CD tools provide build and test. Continuous Deployment is the means by which...