• High-Tech Metals Limited has executed a Mining Agreement with SSH Mining to advance the Wagtail Gold Deposit
• Wagtail deposit has historic production of 2,384oz @ 66 g/t Au and contains an existing JORC 2012 Mineral Resource of 63,700t @ 7.11g/t Au for 14,600oz Au
• SSH Mining will fund all pre-feasibility works and associated drilling to advance the Project to a Final Investment Decision (FID)

High-Tech Metals Limited (ASX: HTM) is pleased to advise that it has executed a binding Mining Agreement with SSH Mining Australia Pty Ltd, a subsidiary of ASX listed SSH Group Ltd (ASX:SSH), for the development of the Wagtail Deposit, part of the recently acquired Mt Fisher Gold Project located on Mining Lease M53/9 in Western Australia. The Wagtail deposit has historic production of 2,384oz @ 66 g/t Au and contains an existing JORC 2012 Mineral Resource of 63,700t @ 7.11g/t Au for 14,600oz gold. Under the terms of the Agreement, SSH Mining will fully fund all pre-feasibility works, including drilling, mine design, and technical studies, to bring Wagtail to a Final Investment Decision (FID). If HTM elects to proceed to mining, SSH Mining will undertake all mining activities under a cost-plus 10% arrangement and receive a 25% share of Project profits, with HTM retaining 75% profit share (free-carried). This Agreement aligns with HTM's strategy to rapidly advance high-grade deposits on granted mining leases within the Mt Fisher-Mt Eureka gold portfolio. In parallel, HTM is preparing to commence grade control drilling of the previously announced Mt Fisher stockpiles, which has an exploration target of approximately 155,000 - 175,000 tonnes grading ~1.0 g/t Au. The stockpile campaign provides a low-risk, near-term opportunity to generate early cashflow and establish logistics for future mining operations across the broader Mt Fisher portfolio.

The Company expects mining and haulage activities at the Mt Fisher stockpiles to commence in the next two months.