| Announcement Date: | 2023-08-30 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | JORC |
| Company name: | High-Tech Metals Ltd. |
| Project name: | Werner Lake |
| Location: | Canada |
| Commodities: | Copper,Nickel,Cobalt |
| Highlight: | Sampling assay results 6.22% Cu and 0.5% Co F0015125 |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | High-Tech Metals Limited (ASX: HTM) (High-Tech, HTM or the Company) is pleased to announce significant results have been achieved through the Ni-Cu-Co geochemical assessment of 209 rock samples collected during the 2023 field season at Werner Lake Project (Werner Lake, or the Project) located in northwestern Ontario. The results are extremely encouraging for Werner Lake and confirm the Cu-Co potential of the Project, as well as the discovery of high-grade nickel sulphide at surface. With 209 samples taken as part of the program, twelve samples exceeded grades of more than 1% cobalt or 1% copper and three samples returned results greater than 1% Ni. These over-limit samples are being reassayed with results pending. Targeted lithologies included intrusive mafic and ultramafic rocks with variable amounts of sulphide (pyrite, pyrrhotite, pentlandite, and chalcopyrite) including some semi-massive concentrations. Samples were analysed for precious metals by fire assay and inductively coupled plasma- atomic emission spectrometry (ICP-AES) finish, base metals by ICP-mass spectrometry (ICP-MS) and for copper over-limit by ICP finish. The analysis was aimed at identifying areas of interest for further geological assessment for (but not limited to) Co-Ni-Cu mineralisation |
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