Key Gold Targets Identified at Mt Eureka Project
High-Tech Metals Limited (ASX: HTM) has completed a comprehensive exploration review at its Mt Eureka Gold Project in Western Australia, uncovering multiple high-priority gold targets. The review, integrating geochemical, structural, and geophysical data, highlights the Southern, Galway, and Mt Eureka prospects as key areas for immediate Reverse Circulation (RC) drilling.
High-Grade Historical Gold Intercepts
The project has returned exceptional gold intercepts, including:
- 13m @ 6.81g/t Au (including 1m @ 31.25g/t Au) at Southern & Galway
- 9m @ 6.20g/t Au from 98m
- 8m @ 10.62g/t Au (including 1m @ 80.54g/t Au)
- 11m @ 2.34g/t Au (including 1m @ 6.41g/t Au) at Mt Eureka
The Mt Eureka and Mt Fisher Gold Projects currently hold a JORC Mineral Resource Estimate of 3.52Mt @ 1.65g/t Au for 187,000oz gold, with 88,000oz in the Measured & Indicated categories.
15,000m Drilling Program to Begin Soon
HTM is preparing for a major drilling campaign, including:
- Aircore, RC, and Diamond Core drilling (totaling 15,000m)
- Gradient Array Induced Polarization (GAIP) survey to refine targets
- Environmental and heritage approvals underway
The drilling program will commence immediately after the acquisition of the Mt Fisher and Mt Eureka projects, pending shareholder approval at the April 28, 2025, general meeting.
Strategic Expansion in Northern Goldfields
The consolidated land package spans 1,150 km² in the Northern Goldfields, strategically located:
- 500km northeast of Kalgoorlie
- 120km east of Wiluna
Warren Thorne, CEO of High-Tech Metals, stated:
“The combination of Mt Eureka and Mt Fisher positions HTM for significant resource growth, establishing us as a key player in the northern goldfields.”
What’s Next for HTM?
- Shareholder vote on acquisition (April 28, 2025)
- Drilling commencement in mid-2025
- Ongoing base metal potential review
With consistent news flow expected in 2025, HTM is poised for substantial gold discoveries in one of Western Australia’s most promising gold regions.
