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High-Tech Metals Secures Strategic Mining Agreement for Wagtail Gold Deposit

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High-Tech Metals Secures Strategic Mining Agreement for Wagtail Gold Deposit

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An announcement from SSH Group Ltd. ( (AU:SSH) ) is now available.

High-Tech Metals Limited has entered into a binding Mining Agreement with SSH Mining, a subsidiary of SSH Group Ltd, to develop the Wagtail Gold Deposit within the Mt Fisher Gold Project. This agreement allows SSH Mining to fund all pre-feasibility works and mining activities, with HTM retaining a 75% profit share. The collaboration is part of HTM’s strategy to monetize gold assets and accelerate production while focusing on exploration. The agreement also aligns with HTM’s broader strategy to advance high-grade deposits and generate early cash flow through the Mt Fisher stockpiles.

More about SSH Group Ltd.

High-Tech Metals Limited (HTM) operates in the mining industry, focusing on the exploration and development of gold deposits. The company is actively involved in advancing high-grade gold projects, particularly within the Mt Fisher-Mt Eureka gold portfolio in Western Australia.

Average Trading Volume: 76,952

Technical Sentiment Signal: Buy

Current Market Cap: A$13.35M

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

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