Australia's Metalstech gains most in 6 months on gold, silver find

Global Gold Mining

03/05/2022 05:29

** Shares of gold and lithium explorer Metalstech Ltd
 MTC.AX  rise as much as 38% to A$0.345
    ** Stock set for best day since Dec. 2, if gains hold 
    ** Co says gold, silver mineralisation identified at its
Sturec Gold Mine in Slovakia, following Phase II diamond
drilling program  urn:newsml:reuters.com:*:nASX5GXKmG
    ** Assay results make the co confident about the existing
Sturec mineral resource - MTC
    ** Co has completed 12 diamond drill holes from Drill
Chamber II within the Andrej Adit and eight diamond drill holes
from Drill Chamber III with a ninth underway    
    ** As many as 4.3 mln shares change hands, compared with the
30-day average volume of 440,920 shares
    ** Stock down 13.8% this year, as of last close

 (Reporting by Anan Ashraf)
 ((Anan.Ashraf@thomsonreuters.com;))