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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 (0%)+
Announcement
Release
3 Jun 2026 9:38AM
Price at Release
$0.250
Full Release
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Summary
High-Tech Metals Limited has reported exceptional gold recoveries from the Wagtail Gold Deposit, achieving up to 97.2% recovery, confirming its status as a free-milling and high-grade gold deposit. The metallurgical test work, conducted on samples from recent drilling, revealed excellent gold extractions across a range of grind sizes, with recoveries ranging from 96.8% to 98.7%. The results indicate that the deposit is amenable to conventional gravity and cyanide processing, with rapid leach kinetics and low reagent consumption. These findings support ongoing mining and development studies in collaboration with SSH Group, potentially enhancing plant throughput and lowering costs.
Key Points
  • Free-milling high gold recoveries of up to 97.2% confirmed at Wagtail.
  • Metallurgical test work shows gold extractions up to 98.7%, suitable for conventional gravity and cyanide processing.
  • Rapid leach kinetics and low reagent consumption observed.
  • RC drilling continues at Mt Fisher, supporting ongoing mining and development studies.
  • Potential for processing at coarser grind size, indicating improved mill throughput.
  • Partnership with SSH Group for ongoing development and mining studies.
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.