Founding Director, Gino D'AnnaSource: MetalsTech
  • MetalsTech (MTC) has entered back-to-back trading halts ahead of a capital raise announcement
  • Just before freezing its shares, MetalsTech released an update on a diamond drilling program being conducted at its Sturec gold mine in Slovakia
  • The company has completed the second hole to a depth of 293.46 metres
  • Both holes have resulted in excellent core recoveries averaging over 95 per cent
  • Samples are being prepared and will be sent for gold and multi-element assaying
  • However, what the capital raise funding will be used for is not yet known
  • Company shares last traded 7.5 per cent higher for 21.5 cents