MetalsTech Limited Secures $2M Investment to Power 2.7Moz Gold Project’s Pre-Feasibility Study in Slovakia

Wednesday, July 9, 2025
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8:20 am
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MetalsTech Limited secures $2 million from a private ultra-high net worth investor to advance its flagship Sturec Gold Mine in Slovakia. Funds will strengthen the balance sheet and support the upcoming Pre-Feasibility Study, positioning the company to capitalize on high gold prices and significant growth potential.

MetalsTech Limited announced that it has received a $2.0 million strategic investment from a private ultra-high net worth investor. The funds, raised at an issue price of 15 cents per share under the company’s placement capacity, have already cleared and will be used to strengthen the balance sheet, support general working capital, and complete the Pre-Feasibility Study (PFS) for its flagship 2.7Moz Sturec Gold Project in Slovakia. The company emphasized the strong potential of the Sturec Gold Mine, with a recently updated Scoping Study suggesting a robust underground gold mining operation. Key technical indicators from the study include a pre-tax Net Present Value (NPV8) of approximately US$768 million and an Internal Rate of Return (IRR) of 162%, based on a conservative gold price of US$2,500 per ounce. Moreover, with current gold prices remaining above US$3,300 per ounce, MetalsTech sees an advantageous market for development, combined with significant exploration upside and growth potential within its existing JORC (2012) Mineral Resource. Management expressed confidence in the project’s prospects, highlighting the unique opportunity to leverage both a scalable mining operation and promising regional exploration targets. The company is well-positioned to meet its strategic objectives and anticipates completing the PFS before the end of the year, paving the way for further value accretive milestones. From a bullish perspective, the secured investment and strong technical indicators support a positive outlook for MetalsTech Limited. The high gold price environment coupled with promising project economics suggests significant upside potential for further development and value realization at the Sturec Gold Mine. Conversely, the bearish view underlines the usual risks associated with mining projects, including potential volatility in gold prices, regulatory restrictions, and exploration and operational uncertainties that could impact future results.

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