March 2017 Quarterly Activities Report

MetalsTech Limited (ASX: MTC) is pleased to report its activities for the quarter ended 31 March 2017.

Highlights

•    Commenced trading on the Australian Securities Exchange (ASX) following successful completion of IPO which raised approximately $4.3 million
•    Drilling permit approvals obtained for both the Cancet and Adina lithium projects
•    Resource definition drilling underway at the 100% owned Cancet Lithium Project, where up to 5.58% Li2O has been assayed in drill target zones at surface (refer to ASX announcement dated 2 March 2017 and titled “Up to 5.58% Li2O in Drill Target Zone at MTC Cancet Project”)
•    Completion of the acquisition of high grade Bay Lake Cobalt Project in Ontario, where assays include up to 15.36% Co in historical mine workings (refer to ASX announcement dated 16 March 2017 and titled “MetalsTech to Acquire Two High Grade Cobalt Projects”)
•    Drilling results for the first 26 diamond core holes at Cancet expected in the next week where significant spodumene mineralised drill intersections have been encountered starting from surface
•    MetalsTech on-track to deliver maiden resource and scoping study at Cancet Lithium Project

A full copy of the announcement can be found by CLICKING HERE