• Bonanza intersection of 1m @ 171.35 g/t Au within 6m @ 28.96 g/t Au
• Multiple shallow high-grade intercepts support existing 14.6koz resource
• Drilling program to continue, with further results expected shortly

High-Tech Metals has reported initial assay results from an infill reverse-circulation (RC) drilling program at its high-grade Wagtail gold deposit, part of the company's Mt Fisher-Mt Eureka Project portfolio in Western Australia. The results confirm the continuity of high-grade mineralisation within the existing 14.6koz resource at 7.11 g/t Au, with multiple shallow, high-grade intercepts returned. Highlights include a bonanza intersection of 1m @ 171.35 g/t Au within 6m @ 28.96 g/t Au, as well as other significant intercepts such as 8m @ 1.52 g/t Au including 1m @ 9.31 g/t Au. These high-grade intervals are consistent with the known coarse-grained nature of gold mineralisation at Wagtail, which has historically produced 2,384 oz at 66 g/t Au. The drilling program is being managed by SSH Mining Australia, a subsidiary of SSH Group Ltd, under a mining agreement announced in 2025. Drilling is set to recommence this week to further refine the resource and support ongoing development studies, with additional results expected in the coming weeks. The company is progressing scoping and pre-feasibility studies across both Wagtail and the broader Mt Fisher-Mt Eureka portfolio to advance these projects toward potential near-term production.

The company is focused on rapidly advancing near-term production opportunities on existing mining leases at Wagtail and Mt Fisher to establish early cash flow and create a self-funded pathway for high-impact exploration across its highly prospective gold projects in Western Australia.