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High-Tech Metals Hits Visible Gold in Wagtail Drilling as Scoping Study Advances

Story Highlights
  • High-Tech Metals intersected multiple zones of visible gold at its high-grade Wagtail deposit.
  • SSH-funded drilling and scoping work aim to refine resources and support near-term production decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
High-Tech Metals Hits Visible Gold in Wagtail Drilling as Scoping Study Advances

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The latest update is out from High-Tech Metals Limited ( (AU:HTM) ).

High-Tech Metals has reported the intersection of multiple zones of visible gold in reverse circulation drilling at its high-grade Wagtail deposit in Western Australia, with mineralisation hosted in sulphide-bearing quartz veins consistent with strong historical grades. The SSH Mining–funded infill and grade-control program aims to refine and potentially expand the existing JORC mineral resource and support a potential production decision, with expedited assay results due from mid-January and a broader scoping-level mining assessment underway for Mt Fisher and Wagtail covering metallurgy, mine design, permitting and toll-treatment options, underlining the project’s near-term development prospects.

More about High-Tech Metals Limited

High-Tech Metals Ltd is an ASX-listed resources company focused on advancing high-grade gold assets, including the Wagtail deposit and the broader Mt Fisher project in Western Australia, underpinned by existing mining leases and proximity to established processing infrastructure.

Average Trading Volume: 69,417

Technical Sentiment Signal: Buy

Current Market Cap: A$17.81M

Learn more about HTM stock on TipRanks’ Stock Analysis page.

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