That's interesting, it suggests that it may have always been...

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rick26

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26/11/19

09:20

Post #: 41629284
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Originally posted by jamonit: ↑

I found this. Historic stuff but undated...

Quote " Ortac Resources* (LON:OTC) 3.6p, Mkt cap £5.4m - Underground permit to be reissued in Slovakia (Sturec project 100% owned) • The Main Mining Bureau has confirmed that the underground mining permit for the Sturec gold project in Slovakia will be reissued • The permit should allow Ortac to continue to test underground trial mining and bulk sampling to advance the main Sturec open cast project at Kremnica • The company has the right to re-establish mining operations and to operate a small scale underground mining operation within their license area • The project has a JORC Code (2004) compliant mineral resource of 1.36 moz of gold equivalent including a measured gold resource of 187koz gold eq at 1.69g/t and an indicated resource of 823oz eq grading 1.76g/t. • The mine has historically produced some 1.5moz of gold and is the reason for the location of the historic Kremnica gold mint located within the town.

https://www.*.co.uk/companies/news/278032/today-s-market-view-bluebird-merchant-ventures-ltd-firestone-diamonds-goldplat-plc-gemfields-plc-georgian-mining-corporation-bluejay-mining-plc-ortac-resources-ltd-trans-siberian-gold-28032.html

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That's interesting, it suggests that it may have always been intended to be an open pit mine eventually. So the only opposition may have been to the use of cyanide. One of the best things about Clean Mining methods is that you dont even need a tailings dam.

MTC Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $27.13M

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