AA - ARCM - description STOCKOPEDIA11 Apr 2019 16:11
ARC Minerals Limited, formerly Ortac Resources Limited, is an exploration and development company focused on natural resource projects. The Company is engaged in the identification, evaluation, acquisition and development of natural resource projects. The Company's segments include the United Kingdom/British Virgin Islands (UK/BVI), Slovakia, Eritrea, Zambia and Democratic Republic of the Congo (DRC). The Company holds both underground and surface mining rights to the Kremnica Mining License Area, which is located in central Slovakia close to the town of Kremnica and over 17 kilometers west of Banska Bystrica. It also holds the Lutila Exploration license and holds the rights to explore an area to the south of Kremnica Mining License Area. The Company also holds Andiamo Exploration Limited, which holds the Haykota License, which covers over 252 square kilometers and has prospects for Volcanogenic Massive Sulfide (VMS) and copper-rich disseminated sulfide mineralization.
Directors: Nicholas von Schirnding (CHM) 54, Vassilios Carellas (CEO) , Hugo Green (CFO) , Donald Bailey (DRC) , Jonathan de Thierry (NED) , Michael Foster (NED) 63, Brian McMaster (NED) , Mumena Mushinge (NED) ,