Ortac Resources' primary asset is the 100% owned highly prospective Kremnica Gold Project ('Kremnica') in Slovakia. Along with Kremnica, which comprises three key licences, Ortac also owns a further seven exploration licences located in central and eastern Slovakia.

The Company is looking to increase its portfolio of assets and act as a regional consolidator in the precious metals sector.

In addition to its Central European assets, the Company also has an interest in the Rio Paranaiba Project, a new iron ore discovery in the Brazilian State of Minas Gerais and an interest over 50.125 million ordinary shares in Vatakoula Gold Mines Plc, which owns a producing mine which contains 680,000 ounces of gold reserves and 4.3 million ounces of gold resources. The Board is currently evaluating its position regarding its non-core Central European assets in order to maximise shareholder value.