The Directors of Prospech Limited advised that Phase 2 drilling has commenced at the Schopfer gold-silver prospect within the Hodrusa exploration licence, located in the Central Slovakian neovolcanic belt. The drilling target consists of hanging wall and footwall of the Schopfer vein and area around the intersection of the Schopfer with the Keleti and Klement-Stefan veins, as well as the main vein structure at depth. The intersection of vein trends is observed to coincide with intensive historical underground exploration and mining, which is probably related to structural dilation zones hosting thicker zones of higher grade material.

Mining at Schopfer finished in the late 1940s when the emphasis shifted to base metal production at other production centres in the Hodrusa caldera. Prospech has carried out underground micro-drilling at Schopfer to confirm the grades in remnant mineralised shoots. The micro-drilling was focused on part of the Luisa shoot in the southern portion of the Schopfer structure.

A total of 20 BQ diamond core holes were completed averaging 5 metres in depth by use of a handheld portable diamond rig. In addition, 4 surface diamond holes were completed in 2017 targeting the Luisa shoot 500m south of the current target area under the main Schopfer shoot. Phase 2 drill hole SCDD025 is targeted to drill under the main central at Schopfer, 500 metres along strike the north of the Luisa shoot tested by Prospech by BQ underground drilling and surface drilling.