Site Works Commence - Stockpiles & Tailings Mt Fisher Gold
| Stock | SSH Group Ltd (SSH.ASX) |
|---|---|
| Release Time | 9 Sep 2025, 9:30 a.m. |
| Price Sensitive | Yes |
SSH Mining Commences Site Works at Mt Fisher Gold Project
- Site works commenced on historic stockpiles and tailings at Mt Fisher
- RC/AC drilling program and metallurgical test work to begin within weeks
- Fast-tracking updated Wagtail Mineral Resource Estimate to support Ore Reserve studies
- SSH will be the mining contractor and receive a 15% profit share from net proceeds
SSH Group Ltd (ASX: SSH) ('SSH' or 'the Company') is pleased to advise that its mining services vertical, SSH Mining, has commenced site preparation works at the historic Stockpile and Tailings at the Mt Fisher Gold Project in Western Australia for High-Tech Metals Limited (ASX: HTM) ('HTM'). SSH Mining has mobilised its operations team to commence dozer works across historic stockpiles and the tailings dam at Mt Fisher. These activities pave the way for a bulk sampling program and reverse circulation ('RC') and aircore ('AC') drilling, scheduled to begin within the fortnight. Additional locations across the lease have also been identified for rehandle material sampling. Metallurgical test work will immediately follow drilling, aimed at validating historic recovery results and confirming processing pathways. The program is designed to support the planned transport of rehandle material to nearby processing facilities. In parallel, SSH Mining is advancing a shallow drilling program targeting the Wagtail deposit, designed to upgrade ounces from Inferred into Indicated and Measured categories. This work underpins an updated Mineral Resource Estimate ('MRE') and will support future Ore Reserve studies. SSH Mining is also actively broadening its project pipeline and capabilities, with tenders currently underway for surface mining projects and underground mining projects. The Company is also evaluating additional joint venture opportunities to secure near-term exposure, while strengthening its operational and technical teams to enhance delivery and execution capability.
SSH Mining is rapidly building operational and technical capability with a focus on acquiring mineral assets. The Company remains focused on progressing opportunities that create long-term value for both shareholders and clients.