MTC metalstech limited

Morning all.wow, finally a decent hole with over 500 gram metres...

  1. 1,601 Posts.
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    Morning all.

    wow, finally a decent hole with over 500 gram metres (gm). They call it an infill hole, but looking at the diagrams it seems to go a long way into new area and it was drilled 80m to the north of drill chamber II where the parallel hole 03 was drilled. 03 was a lot shorter intersection too. So this is definitely very much better.

    do we have any geos here? Or does anyone know one? It would help in understanding exactly what this hole means in the overall scheme of things.
    they’ve used the bonanza headline so many times on the little 1m intersections, that this may not get much notice. Dunno.

    whatever it is, it means more gold to eventually be added to our resource.
    bit early and only showing 4% up on open. Let’s see what happens today.

    we do ned that scoping study and a timeline to get cracking and start mining to gain decent attention. Still tiny $41m mkt cap.

    cheers,

    ned.

 
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