MTC metalstech limited

To summarise: we're waiting on Assay results from Adina from 10...

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    To summarise: we're waiting on Assay results from Adina from 10 holes that look to me like they likely went deeper than initially expected, and 3 x as deep on average as those at Cancet, which will probably arrive sometime in May, or surely early June at the latest.

    Our new VP of Exploration, Lithium, Dr Alain Berclaz, who has extensive experience operating with pegmatite and lithium exploration in Quebec, will be looking at those results and overseeing the modelling of the drill holes from Cancet being done during May, while that project is undergoing independent assessment to refine the exploration & drill program there for this upcoming field season. Also in late May, or once the snow has melted, we'll begin field exploration at Wells Lacoucerie. Finally, on the lithium front, planning programs for the upcoming field season have begun at our 3 other well located pegmatite projects. Project level funding approaches have been reported.

    On the exciting very high grade Cobalt, Nickel and silver projects our new highly qualified & experienced Technical Director Cherie Leedon, is apparenty champing at the bit to get that up and racing as soon as the snow melts sometime in June. Rusty Lake is a near term drill target with 2 months surface preparation expected to be necessary before the drill starts turning there, at my calculations that will be some time in August if all goes well. Concurrent exploration is also scheduled to begin at the Bay Lake project during the same period. There may be potential new acquisitions of projects in this space at some stage.

    All overseen by our new Managing Director Mr David Riekie, whose impressive, felicitous resume and reputation speaks for itself as does his professional approach to communicating information to shareholders and the wider market.

    Good times ahead, and plenty of regular news flow to see out the rest of the year.
    Last edited by rick26: 30/04/18
 
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