MetalsTech Limited announced that the Phase I surface diamond drilling program has commenced at the company's 100% owned Sturec gold mine, located in Slovakia. Drilling from the surface has been designated to test for extensions to the gold mineralization at depth beneath the existing Sturec Mineral Resource, which will then facilitate an increase in the underground mining inventory and support an expanded pre-feasibility Study. The company has initially designed five diamond drill holes from two surface drill sites.

These holes have been designed to intercept the mineralization close to the lower boundary of the existing Sturec Mineral Resource, thereby possibly extending the known mineralization further down dip. Once these drill holes are completed, it is envisaged that further surface drill holes at steeper dip will be completed, targeting even deeper mineralization and possibly extending the known mineralization to greater depths.