High-Tech Metals restarts drilling at Wagtail gold deposit
High-Tech Metals (ASX: HTM) has resumed reverse circulation drilling at its high-grade Wagtail gold deposit in Western Australia following the Christmas break, marking the start of the second phase of its ~3,000-metre infill and grade-control drilling program.
The program aims to complete the remaining planned drilling, improve geological confidence, refine grade continuity, and provide critical data for mine planning and metallurgical studies.
Results from the first phase of "rush" assays confirmed shallow, high-grade mineralisation, including a standout intersection of 6m at 28.96 g/t Au from 31m, featuring 1m at 171.35 g/t Au.
The drilling is managed and fully funded by SSH Mining Australia under an existing mining agreement.
Wagtail hosts a JORC (2012) mineral resource of 63 kt at 7.11 g/t Au for 14.6 koz and is located on a granted mining lease with established access and infrastructure.
At the time of reporting, High-Tech Metals' share price was $0.32.
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