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High-Tech Metals Limited (ASX:HTM)

ALERT: Price-sensitive ASX Announcement for HTM
Current share price for HTM : $0.250 -0.005 (-1.96%)+
Announcement
Release
30 Apr 2026 7:27PM
Price at Release
$0.255
Full Release
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Summary
High-Tech Metals Limited (HTM) continues to advance its Mt Fisher and Mt Eureka gold projects in Western Australia with promising metallurgical testwork and drilling results revealing high-grade gold mineralisation. The company has entered into a non-binding MoU with Wiluna Mining to explore potential toll-treatment options, aligning with its strategy for capital-efficient development. HTM's quarterly cash flow report shows cash and cash equivalents of AUD 11,113,000, with no substantive mining production or development expenditure recorded for the quarter. Payments to related parties totaled AUD 250,000, and the company remains focused on leveraging joint ventures and mining agreements to further its growth objectives.
Key Points
  • High-Tech Metals Limited (HTM) is advancing its Mt Fisher and Mt Eureka projects in Western Australia.
  • The company focuses on gold exploration and development with significant resources at Mt Fisher.
  • Recent metallurgical testwork and drilling at Mt Fisher indicate high-grade gold mineralisation.
  • HTM executed a Memorandum of Understanding with Wiluna Mining for potential ore processing collaboration.
  • The company's cash and cash equivalents at the end of the quarter were AUD 11,113,000.
  • No substantive mining production or development expenditure was recorded for the quarter.
  • Payments to related parties during the quarter amounted to AUD 250,000.
  • HTM is pursuing a capital-efficient development strategy through joint ventures and mining agreements.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.