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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 .

Quick facts: Arc Minerals Limited

Price: 3.1 GBX

AIM:ARCM
Market: AIM
Market Cap: £22.88 m
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Base Resources Toliara Project assays reveal high-grade mineralisation

Base Resources Limited (ASX:BSE) chief financial officer Kevin Balloch updates Proactive on initial assay results from recent drilling at the Toliara Minerals Sands Project in Madagascar which reveal high-grade heavy minerals (HM) mineralisation. As well as speaking about highlights from the...

4 hours, 51 minutes ago

2 min read