The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Metals Tech (MTC) identifies visible gold after completing geological logging and sampling at its Sturec gold mine in Slovakia
  • The gold was intersected within one hole at two intervals, 29.6 metres and 72.8 metres
  • The hole was completed to a depth of 109.2 metres and was designed to infill previous drilling
  • The company will report on the assays from the most recent drilling once received and interpreted
  • Shares are trading 5.26 per cent higher today at 30 cents

Metals Tech (MTC) has identified visible gold after completing geological logging and sampling at its Sturec gold mine in Slovakia.

The gold was intersected within one hole at two intervals, 29.6 metres and 72.8 metres. 

It was identified within variably argillic altered and brecciated host rock.

The hole was completed to a depth of 109.2 metres and was designed to infill previous drilling.

The previous drilling intersected a thick mineralised zone of 59 metres at 2.3 grams per tonne (g/t) of gold and 9.4 g/t of silver from 225 metres.

The company will report on the assays from the most recent drilling once received and interpreted.

Shares were trading 5.26 per cent higher at 30 cents at 2:39 pm AEDT.

MTC by the numbers
More From The Market Online
The Market Online Video

Market Close: Green lights up on ASX for Easter hunt go

The ASX200 closed the day in record territory - nearly a per cent up with every…

Week 13 Wrap: Easter bunny delivers new all time high for ASX200

Another week, another all time high. The ASX200 clocked 7,901pts on Thursday for the first time…

Market shrugs as Fisher & Paykel announces mass recall

Fisher & Paykel has initiated a voluntary limited recall of batches of Airvo 1 and my…
The Market Online Video

Market Update: ASX glows red hot with another hit record

The ASX200 is trading up, hitting a new high of 7901 point and eclipsing the last…