The Directors of Prospech Limited reported results for Phase 2 drilling at the Schopfer gold-silver prospect within the Hodrusa exploration licence, located in the Central Slovakian neovolcanic belt. The Schopfer vein has estimated historical production of 1 million tonnes at 2 to 5 g/t gold and 200 to 500 g/t silver for a total 64 to 160k ounces of gold and 6 to 16 million ounces of silver. Although the Schopfer Vein structure is visually strong, and there is a significant thickness of stockwork veining in the hanging wall, it is clear from the assays that SCDD025 missed one of the high-grade shoots evidenced by the historical underground sampling.

A total of 20 BQ diamond core holes were completed in 2018 averaging 5 metres in depth using a handheld portable diamond rig. Previously, four surface diamond holes were completed in 2017, targeting the Luisa Shoot 500m south of the current target area under the `Main' shoot. Previously reported results from the BQ Underground micro-drilling drilling include: SCDD001: 2.8m @ 2.2 g/t Au and 151 g/t Ag from 0.6m, SCDD002: 0.9m @ 1.9 g/t Au and 188 g/t Ag from 0.0m, SCDD003: 3.0m @ 2.5 g/t Au and 233 g/t Ag from 0.0m, SCDD004: 1.5m @ 5.6 g/t Au and 258 g/t Ag from 0.0m, SCDD015: 3.0m @ 1.0 g/t Au and 101 g/t Ag from 0.0m, SCDD020: 1.0m @ 2.0 g/t Au and 136 g/t Ag from 0.0m, SCDD021: 1.6m @ 2.7 g/t Au and 478 g/t Ag from 0.0m, SCDD022: 0.9m @ 2.3 g/t Au and 236 g/t Ag from 1.0m, SCDD023: 1.9m @ 1.7 g/t Au and 180 g/t Ag from 1.0m, SCDD024: 5.0m @ 2.9 g/t Au and 401 g/t Ag from 0.0m.