http://www.lse.co.uk/AllNews.asp?code=h6vkvvrb&headline=Ortac_Says_Surface_Trenching_Completed_At_Yacob_Dewar_In_Eritrea
Ortac Says Surface Trenching Completed At Yacob Dewar In Eritrea
Wed, 30th Jul 2014 11:10
LONDON (Alliance News) - Ortac Resources Ltd Wednesday said exploration
partner Andiamo Exploration has completed the surface trenching programme
at the Yacob Dewar deposit in Eritrea.
The trenching programme was undertaken along the 1.5 kilometre strike
length of the known gold and copper mineralisation at Yacob Dewar. Andiamo
excavated 30 trenches totalling 2,362 metres in length to depths of two to
six metres.
A total of 1,626 samples were collected from the trench bases and has been
sent to the Intertek Genalysis lab in Perth, Australia for chemical
analysis, said the company.
"The results will hopefully further confirm what we have seen in the recent
excellent drilling results and enable us to model the deposit with much
greater confidence and produce a maiden JORC compliant resource estimate
for the deposit," said Ortac Chief Executive Vassilios Carellas.
Ortac shares were down 2.3% to 0.254 pence on Wednesday.
By Sam Unsted; samunsted_at_alliancenews.com; _at_SamUAtAlliance
Received on Wed Jul 30 2014 - 09:09:36 EDT