Dr. Alexander Yakubchuk reports

ORSU PROVIDES UPDATE ON THE TALAS PROJECT IN THE KYRGYZ REPUBLIC

Orsu Metals Corp. has provided an update on its exploration program at the Talas joint venture project in the Kyrgyz Republic.

The company, together with its joint venture partner Gold Fields Ltd., has recommenced field exploration work at its Talas project. Gold Fields, through its subsidiary Gold Fields Orogen Holdings BVI Ltd., has a 60-per-cent interest in the Talas joint venture company (the indirect owner of the Taldybulak, Barkol, Kentash and Korgontash licences in the Talas region of the Kyrgyz Republic), while Orsu retains a 40-per-cent interest in the Talas joint venture company. Gold Fields is the project manager.

Gold Fields and Orsu have agreed on a 6,000-metre drilling program for the Taldybulak deposit aimed at providing additional infill drilling data for the existing Taldybulak mineral resource model and testing priority targets at deeper extensions and in the immediate vicinity of Taldybulak. In preparation for the infill drilling program, an agreement was signed with the community of Aral village to obtain local support for the drilling program. As of May 24, 2012, 1,470 metres of diamond drilling has been completed. The drilling program is expected to be completed during the 2012 summer season ahead of any decision regarding a potential prefeasibility study.

Dr. Alexander Yakubchuk, director of exploration of Orsu, commented, "The recommencement of exploration work and the drilling program at the Taldybulak deposit are important steps designed to further improve the metal grade of the deposit as well as to test additional exploration targets."

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