Orsu Metals Corporation, the dual listed, London-based base and precious metals exploration and development company, has extended the exclusivity agreement with Asem Tas-N LLC to continue joint exploration of the Balkhash project previously announced in March 2014.

The extension, which has been agreed to take account of weather related delays in conducting further project assessment activities, increases the exclusivity period under the agreement from 120 days to 175 days, expiring in September 2014.

The other key terms of the agreement remain as set out in the company’s announcement dated March 11, 2014. www.orsumetals.com