MTC metalstech limited

MetalsTech (ASX:MTC) identifies visible gold at Sturec, page-35

  1. 4,123 Posts.
    lightbulb Created with Sketch. 12951
    Yeah it's terrible to have visible gold in the core and perform continuous disclosure obligation such as to report on it. Even worse when the lab results show 90m's of it at over 3g/t. Have you invested in companies before, its very typical for them to release announcements when there is visual elements.

    MTC 1.PNG "The magical lithium announcement when needed"
    Well yes, that's actually the title of the announcement, MTC to capitalise on a bullish lithium market. They're not hiding their intentions they are literally saying lithium is booming and we're going to try and extract max value from our lithium projects whilst concentrating on Sturec.

    This is all stepout drilling in untested areas and they are hitting very good intersections of mineralisation so i expect the jorc upgrade will be solid.

    MTC 2.PNG

    In case people are wondering it's a vertical shear system.

    MTC step out.JPG




    Additional to that, theres a huge amount of upside on the tenements the processing is very simple and low capex options available so look forward to a SS which is to follow. Very to MC per resource oz.

    It's an excellent exposure for a junior gold play and whatever we can extract from the lithium project is a bonus. Large push currently in europe for european lithium supply. Which BTW the ETF is up close to 6% overnight . Chris Evans now involved too whom is well respected and reputable across the ASX.

    SF2TH
 
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