SSH Price sensitive 2 Dec 2025, 8:42 AM

High-Grade Gold Rock Chips Ahead of Wagtail Drilling

SSH Group Ltd

High-Grade Gold Rock Chips Ahead of Wagtail Drilling

Key points

  • High grade rock chips up to 14.75 g/t Au returned from Mt Fisher
  • Historical sampling at Wagtail includes a 32 g/t Au bulk sample and rock chips averaging >12 g/t Au
  • Infill drilling at the Wagtail deposit to commence shortly to follow up historical high-grade intercepts

Full summary

High-Tech Metals Ltd (ASX: HTM) has reported high-grade rock chip samples up to 14.75 g/t Au from the Mt Fisher and Wagtail deposits, located in Western Australia. Sampling of remnant stockpiles and historic workings at both deposits has highlighted the potential for higher-grade zones within the Mt Fisher stockpile and confirmed the continuity of mineralisation along the Wagtail reef system. Historical drilling at Wagtail has returned numerous high-grade intercepts, including 5m @ 41.13 g/t Au from 45m and 3m @ 55.14 g/t Au from 47m. An infill reverse-circulation drilling program is now planned to commence in the coming weeks to support JORC resource estimation, metallurgical testwork and the mining studies currently being completed by partner SSH Group Ltd. The company is also progressing scoping studies for both the Mt Fisher and Wagtail deposits, alongside ongoing toll treatment discussions with nearby processing operators.

Outlook

The company is focused on rapidly advancing near-term production opportunities on existing mining leases at the Mt Fisher and Wagtail deposits to establish early cash flow, creating a self-funded pathway for high-impact exploration across its significant land package in the Yilgarn Craton.

Summary generated by a large language model. Please interpret with care.

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