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Hastings Technology Metals Limited ( (AU:HAS) ) has issued an update.
Hastings Technology Metals Ltd has announced successful drilling results at the Seven Leaders prospect within the Whiteheads Gold Project, confirming high-grade gold mineralization. The drilling program, which is the first since 2019, has demonstrated strong near-surface mineralization over a 250-meter strike, supporting the development of a Maiden Resource Estimate expected in December 2025. Metal Bank Limited (MBK) is set to acquire the Whiteheads Gold Project from Hastings, pending shareholder approval, as part of its strategy to transition from a junior exploration company to a mid-tier mining company. The acquisition is expected to enhance MBK’s gold production capabilities and contribute to its transformation strategy.
The most recent analyst rating on (AU:HAS) stock is a Hold with a A$0.55 price target. To see the full list of analyst forecasts on Hastings Technology Metals Limited stock, see the AU:HAS Stock Forecast page.
More about Hastings Technology Metals Limited
Average Trading Volume: 757,744
Technical Sentiment Signal: Buy
Current Market Cap: A$126.6M
For an in-depth examination of HAS stock, go to TipRanks’ Overview page.