High Gold Recoveries from Mt Fisher Metallurgical Tests

• Metallurgical test work on stockpile ore from the Mt Fisher Project has returned combined gravity and cyanide recoveries of up to 92.8% from material grading 0.67 g/t Au
• Results confirm the Mt Fisher mineralisation is free-milling and non-refractory, suitable for conventional gravity and CIL/CIP processing
• Additional positive characteristics include rapid leach kinetics, low cyanide and lime consumption

High-Tech Metals Ltd (ASX: HTM) has reported highly encouraging metallurgical test-work results from its Mt Fisher Gold Project in Western Australia. The metallurgical program has confirmed that Mt Fisher mineralisation is free-milling, non-refractory and amenable to conventional gravity and cyanide processing methods, with recoveries of up to 92.8% recorded from low-grade ore. The results provide strong support for ongoing Scoping Study work, Mineral Resource updates and potential toll-treatment pathways. The test work was completed on three composite samples representing different material types within the Mt Fisher Project, including a low-grade composite with a head assay average of 0.67 g/t Au. The low-grade composite returned a gravity recoverable gold content of ~11% and combined gravity and cyanide recoveries of up to 92.8%. Additional positive characteristics include rapid leach kinetics, with most of the extraction completed within 8 hours, and low cyanide and lime consumption across all tests. The metallurgical results substantially de-risk the development scenario for the known resources and stockpiles at Mt Fisher, and the company expects that Scoping Study work will confirm a highly profitable gold mining scenario.

The company has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

The company plans to continue advancing metallurgical, resource and mining studies in parallel with exploration and permitting activities aimed at expanding the project's gold inventory.