• Executed joint venture agreement with SSH Mining to evaluate and commercialize gold stockpiles at Mt Fisher
• Immediate next steps include drilling, metallurgical testing, and toll treatment negotiations
• Early cash flow opportunity with 85% of net profits to High-Tech Metals

High-Tech Metals Limited (ASX: HTM) has executed a Stockpiled Ore Joint Venture Agreement with SSH Mining Australia Pty Ltd, a subsidiary of SSH Group Ltd (ASX: SSH), to evaluate and commercialize low-grade gold stockpiles at the Mt Fisher Gold Project in Western Australia. The stockpiles are estimated to contain 144,000 to 195,000 tonnes at 0.80 to 1.20 g/t Au, based on an Exploration Target. Under the agreement, SSH Mining will manage and execute drilling, metallurgical testing, haulage, and sale of the stockpiled material. The next steps include permitting, an RC drilling program, and metallurgical test work commencing in July 2025. SSH is also in discussions with nearby processing plants for a potential toll processing arrangement. The profit-sharing terms of the agreement will see 85% of net proceeds go to High-Tech Metals and 15% to SSH Mining, providing an early cash flow opportunity for High-Tech Metals to fund exploration across its broader portfolio.

The companies are looking to commence drilling, testing, and processing of the Mt Fisher stockpiles in the coming months to progress towards potential gold production. This joint venture represents an opportunity to unlock value from an underutilized asset and generate early cash flow in a non-dilutive manner for High-Tech Metals and its shareholders.