MetalsTech (MTC) has secured an extension to its underground mining permit for its fully owned Sturec Gold Mine in Slovakia.
The ten-year extension, spanning from 2024 to 2034, will enable the company to continue extracting gold and silver using underground mining techniques.
MTC noted that this development marks a crucial step in the mine’s operational longevity and potential profitability.
The company has expressed its intention to persist with its programme of bulk-scale metallurgical and mineralogical test work.
This ongoing research is essential for optimising the extraction and processing of the mine’s valuable ore deposits.
MTC’s commitment to advancing its technical capabilities underscores the strategic importance of the Sturec Gold Mine within its portfolio.
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Read More: MetalsTech gets underground mining licence extension in Slovakia