MetalsTech Commences Diamond Drilling at Cancet Lithium

MetalsTech (MTC or the Company) is pleased to announce it has commenced drilling at its Cancet Lithium Project in Quebec, Canada.

Highlights

•    ~1,500m diamond core drilling campaign has commenced at the 100%-owned Cancet Lithium Project where the Company has delineated ~1.2km of mineralised pegmatite strike starting at surface
•    Drilling campaign designed to extend strike, dip, and plunge continuity of pegmatite, as well as test newly discovered pegmatite outcrops ~1km east of the existing strike
•    Pool of 25 drill sites identified within the main zone after remodelling following recent field mapping and magnetic survey, with actual sites drilled and order of drilling subject to iterative drill results
•    Results from drill program will underpin maiden resource estimation and delivery of a scoping study and support ongoing strategic and end-user discussions
•    Cancet boasts excellent infrastructure including major highway and high voltage power in close proximity

Commenting on the commencement of drilling, Executive Chairman Mr Russell Moran stated:

“We are excited to be drilling again at Cancet and look forward to updating shareholders over the coming
weeks with progress.

“Since our last drill campaign we have completed a range of surface mapping, geochemistry and magnetic investigations which will ensure we maximise our drilling efforts in this, and future, campaigns.

“We have achieved excellent metallurgical and mineralogy testing results on representative drill core – resulting in increased interest from potential strategic partners and end users.”

The full announcement can be found by CLICKING HERE