• Exceptional gold recoveries of up to 97.2% confirmed at Wagtail
• Wagtail confirmed as free-milling and non-refractory
• Rapid leach kinetics and low reagent consumption observed
• RC drilling at Mt Fisher progressing well with 3,068m completed
• Ongoing development studies in partnership with SSH Group

High-Tech Metals Ltd (ASX: HTM) has reported highly encouraging metallurgical test-work results from the Wagtail Gold Deposit, part of the Mt Fisher Gold Project in Western Australia. The metallurgical program, conducted on a master composite sample from recent drilling at Wagtail, confirmed the deposit hosts free-milling, non-refractory gold mineralization suitable for conventional gravity and cyanide leach processing. Test work returned excellent gold recoveries across a range of grind sizes, with overall extraction ranging from 96.8% at P80 180µm to 98.7% at P80 75µm. Importantly, recoveries remained consistently high at coarser grind sizes, indicating strong processing flexibility and the potential for improved plant throughput in a conventional milling circuit. RC drilling at Mt Fisher is progressing well, with 17 holes completed for 3,068m of the planned 5,000m program. Metallurgical and drilling results continue to support ongoing mining, toll-treatment and development studies being undertaken in partnership with SSH Group.

The combination of strong metallurgical performance, existing mining leases, nearby processing infrastructure and high-grade mineralization positions Wagtail and Mt Fisher as compelling near-term development opportunities.