SSH Price sensitive 16 Feb 2026, 9:37 AM

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

SSH Group Ltd

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

Key points

  • 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

Full summary

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.

Outlook

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.

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