Less Ads, More Data, More Tools Register for FREE

Pin to quick picksArc Minerals Regulatory News (ARCM)

Share Price Information for Arc Minerals (ARCM)

Share Price is delayed by 15 minutes
Get Live Data
0.475    0.00 (0.00%)
Bid:
0.45
Ask:
0.50
Spread: 0.05 (11.111%)
Market Cap: £11.68m
ARCM Live PriceLast checked at - London Stock Exchange

Intraday Arc Minerals Share Chart

Update on Sturec Project

16 Sep 2014 09:30

RNS Number : 7862R
Ortac Resources Limited
16 September 2014
 

 

Ortac Resources Ltd

("Ortac" or "Company")

 

UPDATE ON ŠTUREC PROJECT

 

The Board of Ortac Resources Limited, the AIM listed exploration and mine development company, notes that from local media reports, on Friday 12 September 2014, the Slovak Parliament approved an amendment to the Slovak Mining Law banning the use of cyanide leaching technology in gold processing.

As part of the Company's technical work programme, tests using alternate methods of processing have already been part of Ortac's ongoing development research. At present, 20 tonnes of material mined from the Šturec Deposit, under the recently awarded mining permit have been sent for pilot scale tests utilising a potential alternative gold recovery process that the Board believes will be economic.

 

Ortac remains committed to the Šturec Project and will continue to work with the community and the Slovak state, for the benefit of all stakeholders. The Board will continue to update shareholders accordingly.

 

 

Ortac Resources Ltd

Vassilios Carellas (CEO)

+44 (0) 20 7389 9050

 

Cantor Fitzgerald Europe (Nominated Adviser & Broker)

Stewart Dickson / Carrie Lun / Jeremy Stephenson

 

+44 (0) 20 7894 7000

 

SP Angel (Broker)

Ewan Leggat

 

+44 (0) 20 3463 2260

 

Loeb Aron & Co. (Broker)

John Beresford-Peirse / Anthony Kluk

 

Yellow Jersey PR Limited (Media Relations)

Dominic Barretto / Kelsey Traynor

 

+44 (0) 20 7628 1128

 

 

+44 (0)7768 537 739

 

Note to Editors

The Šturec Deposit is based in Slovakia and has a JORC Code compliant ore reserve of 1.32 million ounces of gold equivalent, with over 1 Moz in the Measured and Indicated categories. For additional information please visit - www.ortacresources.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSFMSAMFLSEEU
Date   Source Headline
11th Jul 20187:00 amRNSStart of Drilling; increase of Zamsort ownership
9th Jul 20183:00 pmRNSArc Minerals Investor Seminar - Revised Time
9th Jul 20187:00 amRNSArc to Present at Zambia Mining Conference
3rd Jul 20187:00 amRNSArc Minerals Investor Presentation Evening
28th Jun 20187:00 amRNSAkyanga Resource Update
26th Jun 20181:29 pmRNSSale of Non-Core Asset
18th Jun 20187:00 amRNSIncrease of interest in Zamsort to 61%
13th Jun 20187:00 amRNSDon Bailey Options Awards
11th Jun 20182:00 pmRNSTR-1 Notification: Mrs Ann Gloag
5th Jun 20187:00 amRNSArc Minerals increases Zamsort ownership to 55%
31st May 20187:00 amRNSAppointment of New Director
23rd May 20187:00 amRNSDirectors' Dealing
22nd May 20187:00 amRNSNotification of Major Shareholding-Mrs. Ann Gloag
18th May 20187:00 amRNSDirectors' Dealing
16th May 20185:16 pmRNSGrant of Warrants
15th May 20187:00 amRNSAcquisition and Placing of Equity
10th May 20187:06 amRNSBlocklisting Six Monthly Return
27th Feb 20187:00 amRNSInitiation of Soil Sampling Programme
12th Feb 20181:56 pmRNSUPDATE ON THE OFFER FOR CASA MINING LIMITED
31st Jan 20187:00 amRNSSettlement of Major Liability
30th Jan 20187:00 amRNSOver 100 g/t Au assayed at Akyanga
18th Jan 20187:00 amRNSAdditional Drill Rig to Expedite CASA Programme
12th Jan 20187:00 amRNSNotice of Name Change
10th Jan 20187:00 amRNSUPDATE ON THE OFFER FOR CASA MINING LIMITED
9th Jan 20187:00 amRNSCasa Drill Results Update
2nd Jan 20187:00 amRNSBoard Appointment
29th Dec 20177:00 amRNSInterim Results
15th Dec 20177:00 amRNSExtensions to Akyanga Deposit Identified
14th Dec 20177:00 amRNSPartial Amendments to Articles of Association
13th Dec 20177:00 amRNSUpdate on the offer for Casa Mining Limited
1st Dec 201710:41 amRNSBoard Appointment
29th Nov 201710:10 amRNSDirectors' Dealing
29th Nov 20177:00 amRNSFurther gold assay results at CASA Mining project
20th Nov 20173:10 pmRNSGrant of Share Options
10th Nov 20177:00 amRNSConfirmation of Proposed Acquisition
6th Nov 20177:00 amRNSProposed Acquisition of Casa Mining Ltd.
3rd Nov 20172:35 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
3rd Nov 20177:00 amRNSSignificant new drill results announced
30th Oct 20177:00 amRNSPlacing of Equity and Directorate Change
5th Oct 20177:00 amRNSFirst gold assay results from Akyanga Deposit
20th Sep 20175:22 pmRNSDirectors' Dealing
11th Sep 20177:00 amRNSCorporate Update
8th Sep 20174:25 pmRNSAGM Statement
22nd Aug 20177:00 amRNSCASA commences drilling at 1.5 Moz Akyanga deposit
21st Aug 20177:00 amRNSFinal Results
3rd Aug 201711:32 amRNSLaunch of new website
18th Jul 20177:00 amRNSCommencement of mining activities in Slovakia
7th Jul 201712:00 pmRNSUpdate on Misisi gold project
6th Jul 20177:00 amRNSBoard Appointment
22nd Jun 20177:00 amRNSMining Bureau Ratifies Underground Mining Permit

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.