• RC drilling recommences at the high-grade Wagtail Gold Deposit
• Phase one assays confirm shallow, high-grade mineralisation
• Drilling aims to increase geological confidence and refine grade continuity

High-Tech Metals Ltd (ASX: HTM) has announced that reverse circulation ('RC') drilling has recommenced at the high-grade Wagtail gold deposit following the Christmas shutdown, marking the second half of the current drilling program. The recommencing program represents the continuation of the ~3,000 m infill and grade-control drilling campaign announced previously and is designed to complete the remaining planned metres at Wagtail. Drilling continues to target known mineralised zones within the existing resource envelope, with the objective of increasing geological confidence, refining grade continuity and providing key inputs for mine planning and ongoing development studies. Initial drilling completed prior to the Christmas break intersected multiple zones of quartz-sulphide veining consistent with the known style of mineralisation at Wagtail. Results from the first phase of priority 'rush' assays have since confirmed the presence of shallow, high-grade mineralisation within the existing resource envelope, including a standout intersection of 6 m @ 28.96 g/t Au from 31 m, including 1 m @ 171.35 g/t Au, validating grade continuity and the coarse-gold nature of the system. The drilling program is being managed and fully funded by SSH Mining Australia Pty Ltd, a subsidiary of SSH Group Ltd (ASX: SSH), under the Mining Agreement announced in September 2025. Wagtail is a quartz-vein hosted gold deposit located within the Company's Mt Fisher-Mt Eureka Project portfolio in Western Australia, hosting a JORC (2012) Mineral Resource of 14.6 koz at 7.11 g/t Au and situated on an existing granted Mining Lease.

The recommencement of drilling at Wagtail enables completion of the planned infill and grade-control metres across mineralised zones, improving geological confidence and confirming continuity while generating representative datasets to directly support mine planning, metallurgical testwork and development studies. This disciplined, execution-focused drilling is fundamental to establishing schedules, cost assumptions and engineering decisions, and SSH Mining remains closely aligned with High-Tech Metals in advancing Wagtail through the next stage of evaluation while systematically reducing technical risk.