Gold Exploration in Western USA
Vancouver based Orsa Ventures Corp. (Orsa) is a junior exploration
company focused on the acquisition of quality gold-silver-copper assets
in the western United States.
Latest Stock Prices
(15-20 min delay)
TSX-V: ORN $0.20
Coal Canyon Property
Overview
Orsa has the option to earn a 100% interest in the Coal Canyon subject to cash payments and an underlying NSR. The property consists of 35 contiguous, unpatented, lode mining claims. These claims are in close proximity to several significant gold and silver mines in the area including Willard, Colado, Relief Canyon, Rochester, Standard and Florida Canyon.
The primary exploration target is a sediment-hosted gold deposit similar to what has been discovered at the Willard 8 km to the north of the claims. Extensive alteration and mineralization associated with dikes and sills suggest the prescence of a strong hydrothermal system. Outcrops of the sill and the associated alteration strike to the northwest, extend over a minimum strike length of 5800 feet and average 400 feet wide. Sampling of these outcrops returned anomalous gold values of up to 3 grams and anomalous arsenic and antimony values of +1,000 ppm.
A program of sampling and mapping is planned for the property.
The primary exploration target is a sediment-hosted gold deposit similar to what has been discovered at the Willard 8 km to the north of the claims. Extensive alteration and mineralization associated with dikes and sills suggest the prescence of a strong hydrothermal system. Outcrops of the sill and the associated alteration strike to the northwest, extend over a minimum strike length of 5800 feet and average 400 feet wide. Sampling of these outcrops returned anomalous gold values of up to 3 grams and anomalous arsenic and antimony values of +1,000 ppm.
A program of sampling and mapping is planned for the property.
