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High-Tech Metals Expands Gold Assets with Strategic Acquisition

Story Highlights
  • High-Tech Metals completed the acquisition of Mt Fisher and Mt Eureka Gold Projects.
  • The acquisition enhances High-Tech’s position in Western Australia’s gold industry.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
High-Tech Metals Expands Gold Assets with Strategic Acquisition

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High-Tech Metals Limited ( (AU:HTM) ) has issued an update.

High-Tech Metals Limited has completed the acquisition of the Mt Fisher and Mt Eureka Gold Projects, marking a significant expansion in Western Australia’s Northern Goldfields. The acquisition includes a substantial landholding of 1,150 km² with existing mining leases and a JORC Mineral Resource Estimate of 187,000 ounces of gold. The company plans to conduct extensive drilling campaigns to explore and expand these resources, positioning itself for future development and value creation. The acquisition is expected to enhance High-Tech’s industry positioning by leveraging its strategic land assets and exploration potential.

More about High-Tech Metals Limited

High-Tech Metals Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is involved in acquiring and developing gold projects, particularly in the Northern Goldfields region of Western Australia, where it aims to transition from an explorer to a developer.

Average Trading Volume: 40,784

Technical Sentiment Signal: Strong Buy

Find detailed analytics on HTM stock on TipRanks’ Stock Analysis page.

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