Orsu Metals: Definitive Feasibility Study for the Karchiga Project

Orsu Metals Corporation (TSX:OSU) reported results of a Definitive Feasibility Study for the Karchiga Volcanogenic Massive Sulphide in Kazakhstan.

As quoted in the press release:

Highlights:

• Post-tax NPV7.5 of US$150 million, IRR of 30% (based on price of US$3.25/lb Cu);

• Initial capital expenditure of US$115 million;

• Payback period of 2.75 years (on initial capital expenditure);

Click here to read the Orsu Metals (TSX:OSU) press release.