Ortac Res. Share Discussion Threads

[grannyboy] 30/10/2017 17:06

You'd be jumping from the frying pan into the fire if you bought into another early stage explorer..

In all probability that Kestrel Gold would need funding..maybe goldguru works for a bucket shop, and gets a commission on any referrals!!!

[goldguru2017] 30/10/2017 15:10

Kestrel Gold (TSX Venture Exchange symbol KGC.V)

- Capitalised at only GBP 2.5 million
- Drilling results on Val Jual property due in coming weeks
- Peak values of 12,400 ppb Au from recent soil sampling on Val Jual
- Originally staked by Jean Pautler, who’s considered to be one of the best geologists in Canada.
- She was honoured in 2010 by the Yukon Prospectors Association for her work in opening up the White Gold District
- CEO recent interview ““WeR17;re on our third hole, drilling an area that hasn’t been drilled before. I believe we’ll hit some pretty good numbers there which will drastically change the outlook for Kestrel Gold. Jean Pautler thinks we should hit good in there, and so do I.”

Please do your own research on the Company before investing. Thank you for your time.

[grannyboy] 30/10/2017 11:42

The only thing that will get this going is when they start mining something!!

In all probability this won't be the last fundraise before they get anywhere near production.

[shirley83] 30/10/2017 09:07

More equity at a lower price... Rise and repeat

[maverick247] 30/10/2017 08:53

Placing was holding this back free to move now i reckon

[sleveen] 27/10/2017 18:16

sp has halved in 3 months that can mean only one thing...

[good android] 27/10/2017 16:30

not long till this pile of poop goes bust.

[grannyboy] 27/10/2017 13:49

Will they be needing to raise funds soon?

[timeforchange] 26/10/2017 22:01

I wonder what multiple profiles you got going? Still doing your lady act?

[the stigologist] 25/10/2017 08:03

Looks like it's breaking out ?

[cpap man] 05/10/2017 11:06

Ortac Resources* (OTC LN) 2.9p, £4.3m Mkt Cap – First assay results from the drill programme at Akyanga

The Company completed over 1,100m of diamond core drilling in six holes at the 1.5moz Akyanga gold deposit targeting both step out and infill mineralisation.
Assay results from two infill drill holes included:
MSDD0108 drill hole returned 8.1m at 4.82g/t from 53.5m;
MSDD0109 drill hole returned 4.9m at 1.40g/t from 120.4m.
The MSDD0108 drill hole was positioned in between two existing holes 120m apart testing the continuation of previously identified high grade intersections in the southern part of the Akyanga deposit including MSDD0050, which reported 4.53 g/t Au over 21.9 metres from 58.2 metres down the hole and hole MSDD0001, which reported 4.20 g/t Au over 8m from 13 metres down the hole.
“Ortac is extremely pleased with these initial and exciting results, in particular hole MSDD0108 which demonstrates that there is a high grade zone grading over 4 g/t Au in the southern part of the deposit, which at the moment has a potential strike length of over 120m,” Vassilios Carellas commented on results of the drilling at Akyanga.
The results from the remainder of the first drilling phase for 2,200m which is part of a wider 5,000m programme designed to expand the resource to in excess of 2.0moz of gold.

Conclusion: First drilling results returned good high-grade intersections in MSDD0108 improving confidence in the resource with further assays from infill and expansion drill holes due shortly.

*SP Angel acts as nomad and broker to Ortac Resources

[888icb] 05/10/2017 08:39

Current Market Cap is only £4.4 million. This company is massively undervalued with Casa alone close to proving a 2 million oz gold resource at high grade.

[maverick247] 05/10/2017 08:25

9 p broker tp here so quite possible

[abeygale] 05/10/2017 08:08

Ortac can double pretty quickly in my experience.

[cpap man] 05/10/2017 08:01

Thursday 05 October, 2017
Ortac Resources Ltd
First gold assay results from Akyanga Deposit
RNS Number : 7457S
Ortac Resources Limited
05 October 2017

Ortac Resources Ltd / Epic: OTC / Market: AIM / Sector: Mining & Exploration



5 October 2017

ORTAC RESOURCES LTD

("ORTAC" or the "COMPANY")



Casa Mining Ltd report first gold assay results from the expansion and infill drill programme at the 1.5 Moz Akyanga deposit



Ortac Resources Ltd, the AIM listed exploration and mine development company, is pleased to announce that Casa Mining Ltd ("CASA") in which Ortac holds an effective 45% stake, through its ownership of equity and a convertible loan note in CASA, has reported results from the first two diamond core drill hole assays taken from the expansion and infill drill programme currently underway at the 1.5 Moz Akyanga gold deposit ("Akyanga") in the Democratic Republic of the Congo ("DRC"). While the results for the remainder of this first drilling phase (2,200m) are expected over the coming months, the initial results are extremely encouraging and support the existing geological and structural understanding of the Akyanga gold deposit.



Highlights



· Over 1,100 metres of diamond core successfully drilled with six holes completed

· High grade gold mineralisation identified in the southern zone linked between holes

· Diamond core hole MSDD0108 intersected 8.10m @ 4.82 g/t Au from 53.5m, incl. 2.2m @ 15.03 g/t Au from 57.40m

· Initial results further confirm Akyanga as an open-pit resource



The first phase is fully funded and part of a 5,000m programme of expansion and infill diamond drilling that is designed to demonstrate the potential for the Akyanga deposit to be classified as a resource of in excess of 2 Moz of gold.



The first hole, MSDD0108 has been collared between existing holes MSDD0050, which reported 4.53 g/t Au over 21.9 metres from 58.2 metres down the hole and hole MSDD0001, which reported 4.20 g/t Au over 8m from 13 metres down the hole. MSDD0108 was designed to link the high grade gold mineralisation between these two existing holes that are approximately 120m away from each other.



The second hole, MSDD0109 has been collared over 100m down dip of hole MSDD0050, between existing holes MSDD0067, which reported 2.04 g/t Au over 18.3 metres from 73.7m down the hole and hole MSDD0076, which reported 4.20 g/t Au over 10 metres from 126.55 metres down the hole. The existing holes are spaced approximately 200m apart and MSDD0109 was designed to confirm the geological and mineralogical continuity between these two holes.



Vassilios Carellas, Ortac's CEO, commented:



"Ortac is extremely pleased with these initial and exciting results, in particular hole MSDD0108 which demonstrates that there is a high grade zone grading over 4 g/t Au in the southern part of the deposit, which at the moment has a potential strike length of over 120m. These initial results support the current geological understanding of Akyanga and potentially move Casa closer to proving a 2+ Moz resource. We look forward to reporting further results from this promising phase of the drill programme in due course."

[2pablo] 25/9/2017 09:35

Well, here's hoping for a double biggie, might get back to even on my crazy investment. Looks like Sturec has gone to bad for another year or two to me, so it's all up to the new boys

[dingo75] 25/9/2017 08:32

Big News Coming
But a lot hasn't already sunk in 45% of a 3m ounce gold deposit and the mk cap should be £20m, not £5m.
Zamsort news soon.
That'll be a biggie.

[knicol46] 25/9/2017 08:23

sp +13%, something brewing and only 0820

[knicol46] 25/9/2017 08:14

nearing 3.5p to buy

[knicol46] 25/9/2017 08:04

cant currently buy @ offer

[knicol46] 22/9/2017 16:18

last traded +18%, low volume above offer current, tick up expected

[knicol46] 22/9/2017 12:58

last traded +10%, 2 x 250k buys, 3p+ trading coming up, awaiting news