tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

High-Tech Metals Targets Bullock Discovery as Wagtail and Damsel Advance Toward Production

Story Highlights
  • High-Tech Metals is testing the Bullock prospect, a Wagtail-style, high-grade quartz-vein gold target on an existing mining lease.
  • SSH Mining and High-Tech are advancing Wagtail and Damsel toward near-term production through drilling and financial studies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
High-Tech Metals Targets Bullock Discovery as Wagtail and Damsel Advance Toward Production

Claim 50% Off TipRanks Premium

SSH Group Ltd. ( (AU:SSH) ) has shared an update.

High-Tech Metals has launched an aggressive exploration push at its Bullock prospect, an untested high-grade quartz-vein system directly north of the Wagtail deposit on the same mining lease, which exhibits near-identical geological characteristics to Wagtail and has returned surface rock chip assays of up to 14.2 g/t gold. In parallel, SSH Mining has started desktop-level financial and development studies to accelerate Wagtail toward production, with infill drilling now under way ahead of a Scoping Study, while High-Tech plans drilling at the 75,000-ounce Damsel deposit to progress it to Mining Lease status, underpinning a broader near-term, multi-deposit development strategy aimed at enhancing project economics and advancing the company’s transition into a gold producer.

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 a gold-focused exploration and development company advancing the high-grade Wagtail and Damsel deposits in Western Australia. Operating on active mining leases and working in partnership with contractor SSH Mining, the company is targeting near-mine discoveries and fast-tracking assets from exploration toward production, with an emphasis on structurally controlled, quartz-vein–hosted gold systems.

Average Trading Volume: 116,983

Technical Sentiment Signal: Buy

Current Market Cap: A$20.16M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1