Ortac Resources, an exploration and development company focused on natural resource projects in Europe, has said it will soon be ready to classify its maiden JORC (Joint Ore Reserves Committee - an industry body) compliant ore reserves at the Sturec project in the Slovak Republic, where the pre-feasibility study is on track to be completed by the end of the first quarter of 2013. The latest estimate demonstrates that more than 1m ounces of gold equivalent has already been classified in the measured and indicated categories.
Caza Oil & Gas has said the Caza Ridge 3H horizontal well has begun drilling on the Copperline Bone Spring Prospect in Lea County, New Mexico. The well will be drilled to a vertical depth of 11,500 feet. Caza has a 57.5% working interest, equal to around 45% net revenue interest, and a 68.125% working interest after pay-out (approximate 53.3% net revenue interest) in the well.
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Review: Eden Roc Cap Cana – fun, sun and golf in the CaribbeanTravel Eden Roc Cap Cana in the Dominican Republic offers everything from relaxing by the pool to a world-class golf course
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Reeves delays cash ISA reform, but savers are not out of the woods yetThe chancellor has reportedly delayed plans to cut the cash ISA limit, which were set to be announced at Mansion House on 15 July, and will take more time to consult with the industry
