About Us

Ortac is engaged in the identification, evaluation, acquisition and development of natural resource projects, located in Europe and Africa

We provide our shareholders and investors with an opportunity to benefit from our strategy that involves the development of our investments where we work to take proven discovered mineral projects particularly in the gold, copper and cobalt segments, up the value curve to positions where these projects can either be brought into cash producing mining operations, or become attractive for other investors which can help a liquidity event for Ortac shareholders.

Our gold projects are as follows:

Šturec Gold Project
Location: Central Slovakia
Operator: Ortac
Gold in the Ground: 1.32 Moz Au Eq. JORC Code (2004)
Ortac Stake: 100%
Stage: Undergound Mining Permit re-issued, mining operations have recommenced
Project Investment to date: ~$30 million

Misisi Gold Project
Location: Democratic Republic of the Congo
Operator: CASA Mining Ltd
Gold in the Ground: 1.5 Moz Au JORC Code (2012)
Ortac Stake: Approximately 45% upon conversion
Stage: Advanced Exploration
Next Step: Infill Drilling, expected to commence in August 2017
Project Investment to date: $30 million

Our copper project is as follows:

Haykota VMS Copper-Gold Project
Location: Eritrea
Operator: Andiamo Exploration Ltd
Copper in the Ground: Maiden JORC (oxide) of ~85,000 oz Au and ~22,000t of Cu at Yacob Dewar.
Ortac Stake: 18.48%
Stage: New VMS discovery in the northern part of the license under JV with EEA confirmed at Hoba, with a number of other anomalies yet to be tested. Nevsun's (TSX: NSV) VMS discoveries approaching northern part of Andiamo’s license
Project Investment to date: $12.5 million

Our cobalt project is as follows:

Kalaba Copper Cobalt Project
Location: Zambia
Operator: Zamsort ltd
Resource:
Non-Code Compliant Resource of copper and cobalt
Ore in the Ground:
16.59 million tonnes
Cobalt in the Ground: 840 tons per year
Ortac Stake: Effective 19.35%
Stage: Commercial scale demonstration plant under construction
Next Step: Processing 35kt of ore per month with a grade of 1.00% ASCu and 0.20% ASCo. C1 cash costs estimated at $2,500/t of recovered copper.