MTC metalstech limited
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Ann: MetalsTech Acquires Advanced Sturec Gold Project, page-115

  1. Quanta
    11,703 Posts.
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    20/11/19
    14:16
    Post #: 41532068
    it is significantly cheaper to upgrade to 2002 JORC to 2011 as compared to a drilling and defining a resource. This just requires the historical datasets and drilling cores and then a few more drill holes to fill in missing gaps etc

    the 2% net smelter royality is a significant commercial $$$ for the vendor. It seems that MTC has secured a good deal and DD will provide the answers

    the area has been mined prior too which confirms that there is gold

    i have missed the boat this morning so commenting purely as an observer

    MTC Price at posting: 9.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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