Tag Archives: Ortac

Ortac Resources Confirms High Grade Gold, Copper Mineralisation In Eritrea

Another very positive RNS out today concerning the final assay results from Jacob Dewar trenching work which once again delivers high grades. Best gold shows were 3.29 g/t of gold over 23m, with a 3m section over 10 g/t
Another very positive RNS out today concerning the final assay results from Jacob Dewar trenching work which once again delivers high grades. Best gold shows were 3.29 g/t of gold over 23m, with a 3m section over 10 g/t

By Joshua Warner,

ORTAC Resources Ltd Tuesday said it has received the final results from the completed trenching programme on its Yacob Dewar deposit in Eritrea, which has confirmed the presence of near surface high-grade gold and copper mineralisation.

“The results have once again provided clear evidence that Yacob Dewar is showing encouraging signs of its potential to be a commercial mine. Once more, good gold grades were intersected over decent widths, and encouraging copper grades were intersected adjacent to the gold mineralisation distant from the high-grade copper zone targeted by the recently completed trenching and drilling programme,” said Chief Executive Vassilios Carellas in a statement. Continue reading Ortac Resources Confirms High Grade Gold, Copper Mineralisation In Eritrea

Ortac Resources Confirms High-Grade Copper In Eritrea Drilling

“We are encouraged by the second batch of assay results which demonstrate that the copper mineralisation within the core of the deposit, continues to the south and remains strongly mineralised with excellent grades across broad intersections,”  – CEO Vassilios Carellas 

Drilling programs at the Yacob Dewar gold and copper discovery and at the Ber Gebey mineralised zone, both on the Haykota project in Eritrea returns a high grade Copper and good gold results

By Tom McIvor,

ORTAC Resources Ltd today said the second batch of assay results from drilling at its Yacob Dewar prospect in Eritrea has confirmed high-grade copper in the region and shows good gold results.

The natural resource development company said the second period of drilling, which was carried out by Andiamo Exploration Ltd, found a 1.11% copper region over a 31 metre space from the surface and a region of 0.8% copper over a 30 metre space from the surface.

The company also said that results from trenching for gold included a 24 metre space at 1.84 grams per tonne of gold and a 22 metre space at 1.10 grams per tonne of gold.  Continue reading Ortac Resources Confirms High-Grade Copper In Eritrea Drilling