SSH-Funded Drilling at Wagtail Intersects Visible Gold, Supporting Near-Term Production Potential

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

SSH Mining Australia, a subsidiary of SSH Group, is managing and fully funding reverse circulation drilling and pre-feasibility work at High-Tech Metals’ high-grade Wagtail gold deposit, where recent drilling has intersected multiple zones of sulphide-bearing quartz veining containing visible gold, consistent with historical high-grade mineralisation. The program, paused over Christmas and set to resume in early January, aims to refine and potentially grow the existing JORC mineral resource as part of a broader scoping-level mining assessment for Wagtail and Mt Fisher, which includes metallurgical testwork, mine design, permitting and toll-treatment discussions, reinforcing the potential to move the project toward a near-term production and final investment decision once expedited assay results and technical studies are completed.

The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.17 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.

SSH Group Ltd, through its subsidiary SSH Mining Australia Pty Ltd, operates in the mining services sector, providing funding and operational management for pre-feasibility and drilling programs that advance resource projects toward potential production decisions. The company is currently collaborating with High-Tech Metals Ltd on the Wagtail and Mt Fisher gold assets in Western Australia, leveraging existing mining leases, infrastructure and nearby processing options to position these high-grade deposits for possible near-term development.

Average Trading Volume: 135,509

Technical Sentiment Signal: Buy

Current Market Cap: A$19.07M

For a thorough assessment of SSH stock, go to TipRanks’ Stock Analysis page.