Wagtail Returns 220g/t Au Bonanza Gold Hit from Drilling
| 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
- Assay results confirm strong grade continuity within existing JORC (2012) Mineral Resource of 63kt @ 7.11 g/t Au for 14.6koz
- Drilling intersected multiple shallow high-grade intercepts including 1m @ 220.8 g/t Au
- Best fresh rock intersection reported to date, confirming potential for high-grade mineralisation to continue at depth
High-Tech Metals has reported further assay results from recent infill reverse-circulation (RC) drilling at its high-grade Wagtail gold deposit, part of the Company's Mt Fisher-Mt Eureka Project portfolio in Western Australia. 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. Drilling intersected multiple shallow high-grade intercepts, including 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 10m @ 10.37 g/t Au intersection represents the best fresh rock result reported to date at Wagtail, confirming the potential for high-grade mineralisation to continue at depth. The results reinforce the coarse-gold, quartz vein-hosted nature of mineralisation and the quality of the existing high-grade Resource, which historically produced 2,384 oz @ 66 g/t Au. With further assays pending from the recent 65-hole (3,323m) drilling program, High-Tech is well positioned to progress a Resource update and advance scoping-level development studies for the Wagtail deposit.
High-Tech is focused on rapidly advancing near-term production opportunities on existing mining leases to establish early cash flow, creating a self-funded pathway for high-impact exploration targeting world-class gold discoveries across one of Western Australia's last under-explored greenstone belts.