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High-Tech Metals Limited (ASX:HTM)

ALERT: Price-sensitive ASX Announcement for HTM
Current share price for HTM : $0.255 0.005 (2%)+
Announcement
Release
3 Jun 2026 11:03AM
Price at Release
$0.250
Full Release
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Summary
High-Tech Metals Limited, an Australian exploration and development company, confirmed exceptional gold recoveries of up to 97.2% at their Wagtail Gold Deposit in Western Australia. The deposit's mineralization is free-milling and non-refractory, amenable to conventional gravity and cyanide leach processing. The metallurgical test work showed high gold recoveries across various grind sizes, with rapid leach kinetics and low reagent consumption. These findings support further mining and development studies at the Mt Fisher Project, where RC drilling continues. This announcement corrected previous typographical errors regarding recovery percentages.
Key Points
  • High-Tech Metals Ltd announced exceptional gold recoveries up to 97.2% at the Wagtail Gold Deposit.
  • The deposit is confirmed to be free-milling and non-refractory, suitable for conventional gravity and cyanide processing.
  • Test work showed consistently high gold recoveries across grind sizes, with maximum extraction reaching 98.7% at finer grind sizes.
  • Low cyanide and lime consumption were observed, with rapid leach kinetics extracting most gold within 8 hours.
  • RC drilling at the Mt Fisher Project is ongoing, with significant progress reported in drill campaigns.
  • These results support ongoing mining, toll-treatment, and development studies in collaboration with SSH Group.
  • Amendments were made to correct a typographical error in previous announcements regarding gold recovery percentages.
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.