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MetalsTech Ltd ( (AU:MTC) ) has provided an announcement.
MetalsTech Limited has successfully secured a $1.3 million strategic investment from a private ultra-high net worth investor, which will be used to advance the Pre-Feasibility Study (PFS) for its Sturec Gold Project in Slovakia. The investment highlights the project’s robust potential, with a recent Scoping Study indicating a strong underground mining operation and significant opportunities for expansion and value creation, positioning MetalsTech favorably in the high gold price market.
More about MetalsTech Ltd
MetalsTech Limited is a company operating in the mining industry, primarily focused on the exploration and development of gold projects. Its flagship project is the 2.7Moz Sturec Gold Project located in Slovakia, which presents significant exploration upside and growth potential.
YTD Price Performance: -40.0%
Average Trading Volume: 5,500
Technical Sentiment Signal: Buy
Current Market Cap: €11.2M
For detailed information about MTC stock, go to TipRanks’ Stock Analysis page.