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SSH Group Ltd. ( (AU:SSH) ) has issued an update.
High-Tech Metals has restarted reverse circulation drilling at its high-grade Wagtail gold deposit in Western Australia, commencing the second phase of an approximately 3,000-metre infill and grade-control program designed to improve geological confidence and refine grade continuity within the existing resource envelope. The renewed campaign follows strong initial “rush” assay results, including a standout intercept of 6 metres at 28.96 grams per tonne gold from 31 metres, which support the company’s understanding of the deposit and will feed into mine planning, metallurgical testwork and broader development studies as Wagtail is evaluated as a potential near-term production opportunity under its partnership with SSH Mining.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
More about SSH Group Ltd.
High-Tech Metals Ltd (ASX: HTM) is an Australian resources company focused on the exploration and potential development of high-grade gold assets, including the Wagtail gold deposit in Western Australia. The company is advancing Wagtail, which currently hosts a JORC (2012) Mineral Resource of 63 kilotonnes at 7.11 grams per tonne gold for 14,600 ounces, under a mining agreement with SSH Mining Australia Pty Ltd, which manages and funds drilling activities.
Average Trading Volume: 122,233
Technical Sentiment Signal: Buy
Current Market Cap: A$21.25M
For an in-depth examination of SSH stock, go to TipRanks’ Overview page.