MTC metalstech limited

Ann: Visible Gold Identified in UGA-07 and UGA-12 at Sturec Mine, page-23

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    2013 pit design extends to 460mRL, would be highly profitable but approvals may
    take longer due to operational footprint
    ▪ With additional drilling success
    below 510mRL the aim would be
    to continue underground
    operation down-plunge
    ▪ Alternatively a lower impact mine as an underground operation below 660mRL
    (~100m from surface), targeting 3,000oz/vertical metre, gold and 20,000oz/vm
    silver with ~50m/yr vertical advance using cut and fill
    ▪ Potential to come back later and
    mine shallow resources with a
    low impact open pit averaging
    50m deep 1:1 strip ratio
    targeting 6Mt at 1.4g/t
    containing 280Koz

    From preso last year. You'll find it if you look for it.
 
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