11:47 AM EST - Orsu Metals Corp. : announced that Gold Fields Limited, through its subsidiary Gold Fields Orogen Holding BVI Limited or Gold Fields, has notified the Company that it will not exercise the Second Phase Option to increase its interest in the Talas joint venture company to 70% through funding additional exploration expenditure and the earning period has therefore been completed. Gold Fields intends to continue developing the Talas Project with its 60% ownership while Orsu will retain a 40% interest. Talas’ joint-venture company is the indirect owner of the Taldybulak, Barkol, Kentash and Korgontash properties in the Talas region of the Kyrgyz Republic. Orsu Metals Corp.
shares T.OSU are trading down $0.01 at $0.37.
