MetalsTech Limited announced it has delineated a JORC (2012) Mineral Resource on the Sturec Gold Project in Slovakia (Mineral Resource).  The Mineral Resource has been reported in accordance with JORC (2012) guidelines as 21.2Mt @ 1.50 g/t Au and 11.6 g/t Ag (1.59g/t AuEq1), containing 1.026Moz of gold and 7.94Moz of silver (1.086Moz of gold equivalent) using a 0.4g/t Au cut-off within an optimised open pit shell; as well as 388kt @ 3.45 g/t Au and 21.6 g/t Ag (3.60g/t AuEq1), containing 43koz of gold and 270koz of silver (45koz of gold equivalent) outside the optimised open pit shell on an underground mining basis. In 2014, cyanide leaching in relation to minerals processing was banned in Slovakia. In response to the cyanide leaching ban, several metallurgical test work programs assessing alternative processing methodologies were completed on the mineralisation from the Sturec Gold Project. The most encouraging results came from the latest, Thiosulphate Leaching study completed in 2014 by CMC Chimie. In this study, a significant amount of Sturec gold-silver (10 batches of approximately 800kg each) from various parts of Sturec Mineral Resource were subjected to Ammonium Thiosulphate leaching. The leaching was very successful and produced a pregnant liquor that had a content of 3-8g/t Au and 10-25g/t Ag, which was then subjected to electrowinning and filtering/drying, producing a copper/gold/silver cement with an overall recovery of 90.5% for gold and 48.9% for silver. The resultant dry cement was approximately 1% gold-silver and about 50% copper. These results were used to justify the conclusion that Thiosulphate Leaching could be used as an alternative processing method to conventional cyanidation and it was also interpreted to be of comparable economic viability. The Mineral Resource estimate reported here has been prepared on under the assumption that Thiosulphate Leaching gold and silver extraction technology will be used to process the Sturec mineralisation, with recovery rates and estimated processing costs taken from the 2014 Thiosulphate Leaching test work program results. Adding to the veracity of this assumption is the fact that in 2014 the CSIRO successfully collaborated with Barrick Gold Corp. to implement Thiosulphate ore processing technology on the Goldstrike Mine in Nevada, USA, which now produces approximately 350,000 ounces of gold per annum for Barrick and Newmont Goldcorp Corp; proves that this technology can be utilised economically and at significant scale. In February this year the Company signed an agreement with Clean Earth Technologies for the use of their patenteted thiosulphate processing technology which was developed in conjunction with the CSIRO over more than two decades.