Vassilios Carellas, CEO of Ortac Resources, talks about 1.2 million ounces of gold equivalent, a scoping study confirming attractive fundamentals, hardly any infrastructure requirements, very straightforward metallurgy with recoveries around 95%, cash costs of just over $500 per ounce gold, and potential to host at least 2 million ounces (Jan 2012).
See Ortac Resources' full Proactive Investors profile page here: http://www.proactiveinvestors.co.uk/LON:OTC/Ortac-Resources/
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