High-Tech Metals Lifts Mt Fisher Gold Resource 47% to 51,000 Ounces

By Mining Hub News Desk
30 August 2026, 8:39 p.m. EDT 2 min read

HTM Corporate Presentation - Growth & Exploration Update – image 11
Aerial view of the Mt Fisher pit, waste dump, and stockpiles. Source: High-Tech Metals Ltd

High-Tech Metals Ltd has updated the Mineral Resource Estimate for its 100%-owned Mt Fisher Gold Project in Western Australia, lifting total contained gold by 47% to 51,000 ounces compared to the previous 2022 estimate.

The updated resource totals 800,000 tonnes grading 2.0 g/t gold, up from 464,400 tonnes at 2.32 g/t gold for 34,700 ounces previously. The revised figure incorporates 6,038 metres of Phase 1 reverse circulation drilling, which tested extensions beyond the earlier resource envelope and beneath the historical pit.

The updated estimate comprises 230,000 tonnes at 1.8 g/t gold for 13,000 ounces in the Indicated category and 570,000 tonnes at 2.1 g/t gold for 38,000 ounces in Inferred, including 150,000 tonnes of stockpile material. The modelling has also established a separate underground resource below the optimised open-pit shell containing 280,000 tonnes at 3.0 g/t gold for 27,000 ounces.

“The updated Mt Fisher Mineral Resource is an important step forward for the Project, increasing contained gold by 47% to 51,000 ounces and providing a much clearer picture of the mineralised system. The key outcome is not only the increase in ounces, but the way the Resource is now defined. We have increased the Indicated Resource to 13,000 ounces and defined a 27,000-ounce underground Resource beneath the optimised pit shell.” — James Merrillees, Chief Executive Officer

High-Tech acquired 100% of the project from Rox Resources Limited in May 2025. In addition to the resource update, project operator High-Tech staked one new mineral tenement near the Mt Fisher project in August 2026.

“Whilst the MRE update is an excellent outcome, there is still substantially more upside at Mt Fisher. There is still substantial work to do. Mineralisation remains open to the north and down plunge, with our next drilling program now scheduled to commence in late September, subject to contractor rig availability. This drilling will target further Resource growth and conversion, with a particular focus on the areas identified by the updated geological model.” — James Merrillees, Chief Executive Officer

Phase 2 reverse circulation drilling is scheduled to begin in late September 2026 to test down-plunge and northern extensions of the mineralised system.

Read the full announcement: MT FISHER MINERAL RESOURCE INCREASES 47% TO 51,000oz GOLD