Last checked at 23 Sep 2010 07:00
Ortac Resources Ltd / Epic: OTC / Market: AIM / Sector: Mining & Exploration
23 September 2010
Ortac Resources Limited ('Ortac' or 'the Company')
Notice of Annual General Meeting
Ortac Resources Limited, the AIM listed exploration and development company focussed on the development of precious metal projects in Europe, announces that the Annual General Meeting ('AGM') of the Company will be held at Ogier House, St Julian's Avenue, St Peter Port, Guernsey, GY1 1NA on 8 October 2010 at 12.00 p.m.
A notice convening the AGM has been sent to shareholders and a copy can also be found on the Company's new website at www.ortacresources.com.
**ENDS**
| For further information please visit www.ortacresources.com or contact:
| ||
| Vassilios Carellas | Ortac Resources Ltd | Tel: +44 (0) 20 7440 0646 |
| Charles Wood | Ortac Resources Ltd | Tel: +44 (0) 20 7440 0646 |
| Roland Cornish | Beaumont Cornish Limited | Tel: +44 (0) 20 7628 3396 |
| Rosalind Hill Abrahams | Beaumont Cornish Limited | Tel: +44 (0) 20 7628 3396 |
| Hugo de Salis | St Brides Media & Finance Ltd | Tel: +44 (0) 20 7236 1177 |
| Lottie Brocklehurst | St Brides Media & Finance Ltd | Tel: +44 (0) 20 7236 1177 |
Notes
Ortac Resources Limited is an AIM listed exploration and development company focussed on the development of precious metal projects in Europe. Its focus is on the Carpatho Balkan Metallogenic Belt, initially the Central Slovakian Volcanic Field where past and present production and resources exceed 9 million ounces of gold.
The Company's initial project is the Kremnica Gold Project in Slovakia which has been reported to contain in excess of 1.5 million ounces gold equivalent. The Company has produced an interim JORC compliant resource statement of 0.76 million ounces of gold equivalent and expects to produce an updated resource estimate before the end of 2010 in excess of 1 million ounces gold equivalent.
The Company's objective is to complete a definitive feasibility study and environmental impact assessment with a view of bringing the Kremnica Gold Project into production.
The Company's strategy is to utilise its highly experienced board and management team and its solid foothold in Central Europe to consolidate additional precious metal development opportunities to build shareholder value.