Market Alert : Crude Turns Volatile Amid Delay in U.S. Military Action on Iran; Bond Markets Near Multi-Year Highs

High-Tech Metals Confirms Strong Gold Recoveries at Wagtail Deposit

High-Tech Metals Ltd (ASX: HTM) has reported encouraging metallurgical test results from its Wagtail Gold Deposit within the Mt Fisher Gold Project in Western Australia. Test work confirmed that the deposit contains free-milling, non-refractory gold mineralisation, suitable for conventional gravity and cyanide processing methods. Gold recoveries reached up to 97.2%, with overall extraction rates as high as 98.7%, while maintaining low reagent consumption and rapid leach kinetics. The results also demonstrated strong recoveries at coarser grind sizes, indicating potential for lower processing costs and improved plant throughput. 

Approximately 45% of the gold was recoverable through gravity concentration before cyanidation. In parallel, the Company’s ongoing 5,000-metre reverse circulation drilling program at Mt Fisher has completed 3,068 metres across 17 holes, with assay results expected in the coming weeks. High-Tech Metals and SSH Mining continue advancing mining, toll-treatment, resource update, and development studies, with an updated Wagtail Mineral Resource Estimate anticipated in mid-June 2026.

 

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au