Great RNS9 Jan 2018 07:58
Top up before the new strategy unfolds is my view, this is just the start for Casa as per RNS plus others assets to follow:
Casa Update; further significant gold mineralisation at Akyanga
Since announcing the acquisition of Casa Mining Limited ("Casa") in November 2017, the management of Ortac has been actively working to complete the acquisition and integration of Casa. To date Ortac owns 87.4% of Casa and expects the acquisition to be completed shortly. As part of the integration with Casa, Ortac management have completed a number of meetings as well as an extensive site visit - in this regard Ortac has also been completing a review of historical drilling data at Casa which includes over 100 holes of exploration drilling predominantly at the Akyanga license area (which has a JORC Mineral Resource of 1.5m ounces @1.65 g/t Au) ("Akyanga"). The results of these will be announced within the next month.
In the meantime, Ortac is pleased to report further significant new gold assay results taken from the expansion and infill drill programme currently underway at Akyanga.