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MetalsTech Secures $1.3M to Propel Sturec Gold Project Pre-Feasibility Study
3:33am on Monday 2nd of June, 2025 AEST
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Mining
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MetalsTech Secures $1.3M to Propel Sturec Gold Project Pre-Feasibility Study
3:33am on Monday 2nd of June, 2025 AEST
Key Points
Received $1.3 million from first tranche strategic placement at 12 cents per share
Funds allocated to complete Pre-Feasibility Study (PFS) on 2.7Moz Sturec Gold Project
Second tranche of $2 million at 15 cents per share expected mid-May 2025
Recent Scoping Study shows strong economics: US$768 million NPV8 and 162% IRR pre-tax
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