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High-Tech Metals Limited ( (AU:HTM) ) just unveiled an update.
High-Tech Metals Limited has signed a non-binding Memorandum of Understanding with SSH Mining to advance the Mt Fisher Gold Project, which has a JORC Mineral Resource Estimate of 1.9 million tonnes at 2 grams per tonne of gold, totaling 124,000 ounces. This agreement aims to leverage SSH Mining’s operational expertise to accelerate the development of the project and unlock near-term value, aligning with HTM’s strategy to monetize its gold assets. The MoU includes a profit-sharing arrangement and outlines SSH Mining’s role in managing and executing development and mining activities, while HTM retains ownership and regulatory responsibilities.
More about High-Tech Metals Limited
High-Tech Metals Limited (ASX: HTM) is a company operating in the mining industry, focusing on the exploration and development of gold assets. The company is engaged in monetizing near-term gold opportunities and advancing its portfolio, with a particular focus on the Mt Fisher Gold Project in Western Australia.
Average Trading Volume: 65,866
Technical Sentiment Signal: Buy
See more data about HTM stock on TipRanks’ Stock Analysis page.