High-Tech Metals Limited (ASX:HTM)

ALERT: Price-sensitive ASX Announcement for HTM

Current share price for HTM : $0.238 -0.018 (-6.86%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

30 Jul 2026 8:21AM

Price at Release

$0.255

Full Release

Summary

High-Tech Metals Limited (HTM) reported its Quarterly Activities and Appendix 5B Cash Flow Report for the quarter ending 30 June 2026. The company completed a Stage 1 RC drilling program at Mt Fisher, achieving significant progress in resource expansion and high-grade shoot extensions. Independent geological reviews highlighted a disconnect between known mineralisation and existing resources, prompting further exploration. The first assay results post-Quarter indicated significant gold intersections. Additionally, metallurgical tests at Wagtail confirmed high gold recovery rates, and development studies continued with SSH Mining. The company also advanced Phase Two drilling plans for further resource extension. The cash flow report indicated net cash usage in operating activities, with significant investments in exploration and evaluation, partially offset by financing activities including share issues.

Key Points

Completion of Mt Fisher Stage 1 RC drilling program with 41 holes.
Independent review identified gaps in current mineralisation capture.
Significant gold intersections from initial assay results.
High gold recovery rates confirmed at Wagtail.
Development studies with SSH Mining progressing.
Phase Two drilling scheduled for mid-August.
Net cash usage in operating activities.
Investments in exploration and evaluation activities.

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.