MetalsTech’s Sturec PFS Advances with Key Metallurgical Sampling Complete
MetalsTech Limited has completed critical in-adit channel sampling for its Sturec Gold Project, progressing its Pre-Feasibility Study (PFS) on track for late 2025 completion. The company is leveraging technological innovations to enhance recoveries and reduce environmental impact.
- In-adit channel sampling completed; samples sent to ALS Romania for assay
- PFS substantially advanced, targeting completion by end of 2025
- Ore sorting technology and dry stack tailings to improve economics and ESG footprint
- Sturec hosts 2.7 million ounce gold resource with exploration upside
- PFS milestone critical to de-risking and attracting strategic partners
Metallurgical Sampling Advances PFS
MetalsTech Limited (ASX, MTC) has taken a significant step forward in its Pre-Feasibility Study (PFS) for the Sturec Gold Mine in Slovakia by completing detailed in-adit channel sampling. These samples, collected underground within the Andrej adit, have been composited and dispatched to ALS in Romania for assay analysis. The results will guide the selection of samples for further metallurgical test work, which will be conducted in Perth and China.
Technological Enhancements to Boost Project Economics
The metallurgical program is designed to support an expanded mine plan by refining ore recoveries and optimizing the processing flowsheet. Notably, MetalsTech plans to incorporate advanced ore sorting technology, which promises to improve economic recoveries while reducing infrastructure needs. Additionally, the company intends to use dry stack tailings management, a method that significantly lowers the environmental footprint compared to traditional tailings storage, aligning with key ESG principles.
Strong Commodity Prices and Resource Potential
The timing of these developments is favourable, with gold prices trading above US$3,300 per ounce and silver exceeding US$38 per ounce. Sturec’s substantial JORC-compliant resource of 2.7 million ounces of gold, combined with a previously announced exploration target, underpins the project’s growth potential. MetalsTech’s director, Gino D’Anna, highlighted the “significant ‘mine ready’ opportunity” and the value unlocked by ongoing exploration and technological improvements.
PFS Progress and Strategic Outlook
Mining One, engaged in December 2024 to complete the PFS, has confirmed that the underlying data, covering geology, mine design, and infrastructure, is robust and suitable for this stage of study. The PFS remains on track for completion before the end of 2025, a milestone that MetalsTech regards as pivotal for de-risking the project and attracting a broader range of strategic partners and end-buyers.
As MetalsTech advances the Sturec Gold Mine towards development, the integration of cutting-edge metallurgical techniques and environmental safeguards positions the project well within the evolving mining landscape, where economic viability and sustainability increasingly go hand in hand.
Bottom Line?
With the PFS nearing completion, MetalsTech is poised to unlock Sturec’s full potential amid strong market conditions and advancing technologies.
Questions in the middle?
- What will the assay results from ALS Romania reveal about ore quality and variability?
- How will ore sorting technology impact the overall project economics and capital expenditure?
- What are the timelines and potential scale for converting exploration targets into additional resources?
