Mining Profit Share Agreement-Mt Fisher Stockpiled Ore
Filed with ASX · · 5 pages · English and French
Summary by 6ix AI
High-Tech Metals Limited has executed a mining profit sharing agreement with SSH Mining for the evaluation and commercialization of gold stockpiles at the Mt Fisher Gold Project. The agreement allows SSH Mining to manage drilling, metallurgical testing, and sale of the stockpiled material, with profit sharing terms favoring High-Tech Metals. Immediate next steps include permitting and drilling programs expected to commence shortly, aiming to confirm gold grades and support a mineral resource estimate. This joint venture represents a strategic move for High-Tech to generate early cash flow from existing assets while advancing exploration efforts.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
High-Tech Metals Limited on 6ix
Earlier from High-Tech Metals
- Rights Issue Prospectus
- Issue of Securities - Placement & Investment by Ragnar
- Review Highlights Multiple High Priority Gold Targets
- Stockpiles at Mt Fisher Gold Project to be Evaluated Amended
- Stockpiles at Mt Fisher gold project to be evaluated
Later from High-Tech Metals
- Acquisition of Mt Fisher & Mt Eureka Gold Projects Completed
- Non-renounceable entitlement offer completed
- Successful completion of $2.5M placement
- Board and Management Changes
- HTM Receives Mining Approval for Mt Fisher Stockpiles
Follow High-Tech Metals into a list and get an email when it puts out news.
Follow High-Tech Metals