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MetalsTech Ltd ( (AU:MTC) ) has provided an update.
MetalsTech Limited has made significant progress in advancing the Pre-Feasibility Study (PFS) for its Sturec Gold Project in Slovakia. The company has completed in-adit channel sampling as part of a detailed metallurgical test work campaign, which will support an expanded mine plan. This initiative aims to enhance ore recoveries and optimize the engineering process, leveraging technological advancements in ore sorting to improve economic recoveries and reduce environmental impact. The completion of the PFS is a critical milestone that will de-risk the project and potentially attract strategic partners and buyers, given the favorable gold and silver market prices.
More about MetalsTech Ltd
MetalsTech Limited is a company operating in the mining industry, focusing on the exploration and development of gold and silver projects. Its primary project is the Sturec Gold Mine in Slovakia, which is a significant asset with substantial gold and silver resources.
Average Trading Volume: 164,324
Technical Sentiment Signal: Buy
Current Market Cap: A$38.86M
Learn more about MTC stock on TipRanks’ Stock Analysis page.