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Ortac Resources buys into advanced stage Eritrean gold project

Ortac's chief executive Vassilios Carellas tells Proativeinvestors Ortac (LON:OTC) has been searching for some time for a project to complement its proven Šturec gold project in Slovakia, and he thinks it has found a corker through a strategic tie-up with a private exploration firm, Andiamo. Ortac will invest in Andiamo, which has a portfolio of high grade copper and gold projects in Eritrea that are at an advanced stage .

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Price: 4.1375 GBX

AIM:ARCM
Market: AIM
Market Cap: £40.57 m
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Investor Update: Oracle Power's Pakistan block recognised as potential...

Headlines from the Proactive UK newsroom. Oracle Power PLC’s (LON:ORCP) resource on Block VI at Thar in Pakistan has been officially recognised as a potential coal gasification into fertiliser project. Pakistan is estimated to face a sizeable fertiliser shortage by 2026. Arc Minerals Ltd...

on 19/11/19

2 min read