Wagtail Returns 220g/t Au Bonanza Gold Hit from Drilling

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Stock SSH Group Ltd (SSH.ASX)
Release Time 16 Feb 2026, 9:37 a.m.
Price Sensitive Yes
 Wagtail Returns 220g/t Au Bonanza Gold Hit from Drilling
Key Points
  • Assay results confirm strong grade continuity within existing JORC Mineral Resource
  • Drilling intersected multiple shallow high-grade intercepts including 1m @ 220.8 g/t Au
  • Best fresh rock intersection to date at Wagtail, confirming potential for high-grade mineralisation at depth
Full Summary

High-Tech Metals Ltd reported further high-grade gold assay results from recent infill reverse-circulation (RC) drilling at its Wagtail gold deposit, part of the company's Mt Fisher-Mt Eureka Project portfolio in Western Australia. Highlights include multiple shallow high-grade intercepts such as 5m @ 44.41 g/t Au from 25m including 1m @ 220.8 g/t Au, and 10m @ 10.37 g/t Au from 81m including 1m @ 92.15 g/t Au. The results continue to confirm strong grade continuity within the existing JORC (2012) Mineral Resource of 63kt @ 7.11 g/t Au for 14.6koz. Importantly, the high-grade intersection in hole 26WTRC004 of 10m @ 10.37 g/t Au represents the best fresh rock result reported from Wagtail to date, confirming the potential for high-grade mineralisation to persist at depth. The drilling program was managed by SSH Mining Australia Pty Ltd, a subsidiary of SSH Group Ltd, under a Mining Agreement announced in September 2025. With further assay results expected shortly, the company is well positioned to progress a Resource update and advance scoping-level development studies for the Wagtail deposit.

Outlook

Exploration and development activities across Wagtail and Mt Fisher are continuing in parallel, with a focus on advancing the projects toward potential near-term development while maintaining exploration upside. Key upcoming activities include receipt of final assays, a Resource update, ongoing metallurgical testwork, geotechnical drilling, and permitting and mine design studies.