Follow the money, page-23

Not sure if anyone has put this all together yet but thought I’d share my thoughts here on the potential upside from current drill program. We must be only days away now from drill assays from the first hole.

The current drill program is drilling up to 80m along strike from the high grade intercepted in drill hole STOR 3.11. What is really important to understand is that the MTC Geologists have figured out that the mineralisation shallowly plunges southward, which is really important for understanding how deep to expect the mineralisation to exist along strike.

I have circled the mineralised resources on sections 1-3, which are displayed by the resource block model. Section 4 (most southern section) is where the current drilling is targeting and it is clear from the extent of the block model on this section that no previous drilling has explored down the plunge of the mineralisation because there aren’t any blocks in a block model there. I have circled the target area where I would expect the mineralisation down plunge to be.

Well done to MTC Geologists for figuring this out. That is sometimes the beauty of having all the historic drill data to play with and delineate mineralisation from known mineralised areas to the unknown.

With resources exceeding 1Moz Au and in a financially healthy position, MTC offers big upside for little downside risk.

GLTAH