The Conversation (0)
Following a two-year study, Glencore to scale the use of Ceibo's sulfide leaching technology that significantly improves copper recovery
High-Tech Metals Limited (ASX: HTM) (High-Tech, HTM or the Company) is pleased to announce it has entered into an agreement to acquire the Norpax Deposit (Norpax) and acquired an option to purchase the Reynar Lake Project (Reynar Lake) (Together, the Projects) which are both located in Ontario, Canada. The Projects are directly west and adjoin the Company’s existing project, Werner Lake Project (Werner Lake, or the Project), located in northwestern Ontario.
HIGHLIGHTS
The Company has significantly increased its exposure to nickel sulphides and copper through the following acquisition and option agreement:
Norpax Nickel Sulphide Deposit:
- A historical non-JORC compliant resource of 1,010,000 tonnes 1.2% Ni and 0.5% Cu1.*
*The historical estimates are not reported in accordance with the JORC codes. A competent person has not done sufficient work to classify the historical estimates as a mineral resource in accordance with JORC Code. It is uncertain that following further exploration work that the historical estimates will be able to be reported as mineral resources within the JORC Code. - The deposit lies ~1 km west of HTM’s existing project, Werner Lake, and along the Werner Lake Belt.
- The Norpax nickel mineralisation sits on a known mineralised fault zone, the regional scale Werner-Gordon-Rex lake fault which extends from Rayner Lake in the west, passing under Almo Lake, east through the Werner Lake Co and Gordon Lake Cu-Ni deposits to Rex Lake.
- Mineralised peridotite is known to host many significant nickel deposits such as companies Mincor Resources Ltd in Kambalda and also Azure Minerals Ltd (ASX:AZS) Andover project’s ultramafic zone, which is in part peridotite.**
- The area has a rich history in nickel sulphide mines with the old Gordon Lake Mine located 3.5 km to the East of Werner Lake, which produced 1,370,285 tons averaging 0.92% Ni and 0.47% Cu and has existing reserves of 170,420 tonnes averaging 0.85% Ni and 0.35% Cu2.
Reynar Lake Ni-Cu-Co Project:
- Reynar Lake project immediately adjoins HTM’s Werner Lake Project.
- The ground is highly prospective for Ni, Cu and Co and should the option be exercised, it will provide HTM with additional landholding to potentially increase its cobalt resource and explore for additional nickel sulphide mineralisation.
The Company plans to build on the recent exploration success at Werner Lake by immediately begin planning exploration on the newly acquired Projects.
The acquisition of the Projects increases HTM’s landholding in the Werner Lake Area and the Company’s exposure to battery metals such as copper, cobalt, and nickel.
Figure 1 – Location of Mineral Deposits in the Werner Lake Belt.
Sonu Cheema, Executive Director commented:
"We are excited by the acquisition of Norpax and the option over Reynar Lake with the potential for a nickel discovery in a historic nickel producing province of Canada. Not only do the acquisitions increase our exposure to nickel, but it also increases the Company’s land holding substantially making High-Tech one of the largest land holders in the area.
“As the Projects lay in the area of Werner Lake, the Company’s geological team are familiar with the geological setting. This has been recently proven by the Company’s discovery of high-grade samples of nickel sulphide (that exceeded assay detection limits) in the Werner Lake Project.
“The Company plans to utilise its expertise in the area by undertaking a review of all available geological data, performing a systematic geochemical sampling program of known mineral occurrences on the projects in conjunction with reconnaissance geological mapping and relog and assay all known and available core.”
Click here for the full ASX Release
This article includes content from High-Tech Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
HTM:AU
High-Tech Metals Investor Kit
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
High-Tech Metals
Overview
High-Tech Metals Limited (ASX:HTM) is an exploration and development mining company focusing on its Canadian cobalt asset in the Kenora Mining District. The company’s Werner Lake project has received no previous modern exploration, creating blue-sky potential as High-Tech leverages new technologies and techniques. Additionally, High-Tech Metals is a well-structured entity from a capital perspective, with a highly experienced team of experts leading the company towards its goals. Toby Hughes was appointed to lead the exploration team and improve the value of the Werner Lake project.
Cobalt is widely used in various applications due to its unique high-temperature and magnetic properties. Historically, cobalt has been used in jet turbines, electroplating and alloyed with nickel to make powerful magnets. Now, cobalt demand is skyrocketing as electric vehicles (EVs) increasingly take a big chunk of the market. EVs are projected to consume 320 kilotons of cobalt by 2030, about 84 percent of the total cobalt demand.
The Werner Lake project is near the Ontario-Manitoba border and is on the Werner Lake Geological Belt, known for hosting cobalt-copper and base metal deposits. The region has undergone continual exploration and production since cobalt was discovered in 1921.
Canada has the sixth largest cobalt reserves globally and both Ontario and Newfoundland and Labrador produce more than 1,000 metric tonnes of cobalt annually. In addition, Canada hosts many of the world’s top mining jurisdictions due to its mining-friendly policies, which will allow High-Tech Metals to streamline exploration and move towards production.
High-Tech’s project was explored in the 1930s and 1940s, then was taken into production in the 1990s. Results from historical exploration and production informed the project’s current JORC-compliant resource estimate of 720,000 pounds (lbs) at 0.52 percent cobalt. While encouraging, the team also believes there is a significant exploration of upside potential by leveraging modern tools and techniques.
High-Tech Metals has taken steps to expand its portfolio, securing an agreement to acquire the Norpax Deposit and an option to purchase the Reynar Lake Project, located in Ontario, Canada. The projects are directly west and adjoin the company’s Werner Lake Project The Norpax Nickel Sulphide Deposit has a historical non-JORC compliant resource of 1.01 million tonnes of 1.2 percent nickel and 0.5 percent copper. The Reynar Lake Project is highly prospective for nickel, copper and cobalt which could potentially provide HTM with additional landholding and increase its cobalt resource and explore for additional nickel sulphide mineralisation.
Company Highlights
- High-Tech Metals is an exploration and development mining company exploring its underexplored cobalt asset in Canada.
- The company is a well-structured entity from a capital perspective, with the right management team in place to realize the potential of its assets.
- The Werner Lake Cobalt Project has seen some historical exploration and production but has not been explored with modern exploration techniques and technologies, creating upside potential for additional discoveries.
- Renowned geologist Toby Hughes leads the exploration team.
- Cobalt is currently used throughout a wide range of applications, and the growth of renewable technologies will continually drive up demand for the metal.
- The Werner Lake project is located on the Ontario-Manitoba border in a prolific mining district with an existing road network to facilitate future transportation.
- The company’s asset has a current JORC-compliant resource estimate of 720,000 lbs of ore at 0.52 percent cobalt.
- An experienced management team leads the company towards fully exploring its cobalt asset.
Key Project
Werner Lake Cobalt Project
The company’s cobalt project sits on the Ontario-Manitoba border in the Kenora Mining District, a region known for cobalt, copper and other base metals. The Werner Lake project has some historical exploration and production but has not received any exploration using modern technologies and techniques. High-Tech Metals is currently preparing for its initial geophysics exploration campaign.
Project Highlights:
- Encouraging Mineral Resource Estimate: The Werner Lake project has a current JORC-compliant resource estimate of 720,000 lbs at 0.52 percent cobalt. This optimistic estimate demonstrates the presence of cobalt, yet the exploration team believes there is tremendous potential to expand known deposits.
- Favorable Geological Formations: The Werner Lake Geological Belt, where the company's project is located, hosts numerous cobalt-copper and base metal showings. Additionally, the region contains multiple past-producing mines, which indicates its potential.
- Exploration Expertise: Renowned exploration expert Toby Hughes leads the exploration team. High-Tech Metals hopes to expand known deposits to improve the value of its asset.
- Significant Assay Results from Summer Sampling Program: High-Tech Metals collected approximately 209 rock samples which returned high-grade nickel sulphide (greater than 1 percent Ni) rock chips, which have predominantly been explored for cobalt and copper, also returned high-grade samples including 6.22 percent copper and >1 percent cobalt.
Management Team
Charles Thomas - Non-executive Chairman
Charles Thomas is an executive director and founding partner of GTT Ventures a leading boutique corporate advisory firm based in Australia. Thomas holds a Bachelor of Commerce from UWA majoring in corporate finance. Thomas has worked in the financial service industry for more than 17 years and has extensive experience in capital markets as well as the structuring of corporate transactions. Thomas has significant experience sitting on numerous ASX boards spanning the mining, resources and technology space. Thomas is currently non-executive director of Chase Mining Corporation (ASX:CML), non-executive chairman of Viking Mines Ltd (ASX.VKA) and executive chairman of Marquee Resources Limited (ASX:MQR).
Sonu Cheema - Executive Director
Sonu Cheema is a director at Cicero Group Pty Ltd and has over 12 years of experience working with public and private companies in Australia and abroad. Roles and responsibilities include financial control, preparation of statutory financial reporting, investor relations, initial public offers (IPO), reverse takeovers (RTO), management of capital raising activities, project management and audit management. Cheema currently serves as a non-executive director and company secretary for Avira Resources (ASX:AVW) and Austin Metals (ASX:AYT).
Quinton Meyers - Non-executive Director & Company Secretary
Quinton Meyers has over six years of experience working in the equities markets in the capacity of a stockbroker, company secretary and accountant for multiple ASX-listed companies gaining exposure to the resource, oil and gas and technology sectors. During this time, Meyers has worked on multiple initial public offers, reverse takeovers, equity capital markets transactions, while developing his knowledge of the ASX Listing Rules and Corporations Act.
Meyers holds a Bachelor of Commerce in accounting and finance from Curtin University, a Graduate Diploma in financial planning and is a member of the Chartered Accountants Australian & New Zealand.
Toby Hughes - Leader of Exploration
Toby Hughes is a professional geologist having worked in mineral exploration for more than 40 years, with experience in orogenic and epithermal systems, volcanogenic massive sulphides, and Cu-Ni-Co. He has worked for several years on and around the Werner Lake deposit, with additional experience in cobalt exploration within the Bear Magmatic Province, NT, Cobalt, ON and China. As a consultant, he has held senior positions with junior and senior mining companies across Canada, Argentina, China, Columbia, Ghana, Guyana, Mongolia, Peru, Venezuela, and the USA exploring for precious, base metal, industrial minerals and diamonds. Hughes is a graduate of The University of Dundee, Scotland (Honours B.Sc. Geology) and a registered professional geoscientist in Ontario.
Glencore's Lomas Bayas Partners with Ceibo to Accelerate Access to Clean Copper
Ceibo , a clean copper extraction technology company, and Glencore ‘s (GB:GLEN) Lomas Bayas Mining Company have entered into a partnership to deploy Ceibo's proprietary leaching technologies that enable a more effective extraction of copper from low-grade sulfides at one of Chile's leading mines. Lomas Bayas has validated Ceibo's technology and is moving toward scaling up to assess this as an alternative to extend the life of their mining operations. This partnership follows two years of testing by Glencore, an important contributor to Chile's position as the world's largest copper producer.
Under the terms of the memorandum of understanding, Ceibo's technology will scale up with on-site testing through the Lomas Lab, a Glencore world-scale test site, and the company's research and development branch. This agreement opens a significant commercial avenue for Ceibo, demonstrating its unique approach with a major mining company and affirming the value that Ceibo's advanced leaching technologies bring to copper assets globally.
Lomas Bayas is known for its focus on innovative and efficient new solutions. Through this partnership, they will be able to further capitalize on their copper reserves by increasing and optimizing extraction. It also positions Lomas Bayas at the vanguard of sustainable mining by increasing the volume of copper while simultaneously minimizing the impact. Lomas Bayas strives to maximize technologies that allow the production of copper cathodes from sulfide species containing chalcopyrite, with the goal of extending the life cycle of their mine.
Ceibo's leaching processes extract copper in all sulfides using existing leaching plants. This process more quickly and effectively catalyzes the oxidation in the ore through electrochemical reactions, resulting in higher recovery rates in shorter operational cycles. In recent industrial testing on over 20 chalcopyrite-rich ores, the technology has recovered over 75% of copper, a significant increase compared to traditional leaching. Ceibo's technologies can be used in many ways, including increasing the output of existing operations, extending the life of a mine, and enabling new brownfield and greenfield projects.
"We are excited to expand our partnership with Ceibo to scale an innovative technology that can transform the copper industry. Ceibo's ability to produce copper from sulfide-rich ores brings a huge value for assets like Lomas Bayas to sustain production while transitioning from oxides to sulfides," said Pablo Carvallo, General Manager of Lomas Bayas. "This increase will help us maximize our production to service growing worldwide demand."
"The copper industry is facing increased demand alongside environmental standards," said Cristobal Undurraga, co-founder and CEO of Ceibo. "We are thrilled to have such an innovative partner in Glencore's Lomas Bayas, who is at the forefront of adopting new technologies. Together, we are proving that our advanced leaching technologies are allowing the extraction of even more copper from the existing operation while significantly improving sustainability – all while we meet the urgent global need for copper in the clean energy transition."
With demand for copper surging worldwide, this partnership provides a mining industry template for how to immediately increase copper production by significantly extending the life and capacity of mine operations. Ceibo's technologies greatly reduce the implementation time and resource consumption of traditional production methods such as concentrators and smelting, which require many years to build and secure permit approvals and are burdened by an extreme reliance on water and energy.
About Ceibo
Ceibo is accelerating access to copper with its clean, innovative technologies that bridge the supply-demand gap to further the energy transition. Founded in 2021, with dual headquarters in the US and Chile, Ceibo brings together a diverse team of scientists, metallurgists, engineers, and operators with a common passion for using technology to advance net zero goals. For more information, please visit www.ceibo.tech . Media enquiries: ceibo@consortpartners.com
About Glencore in Chile
Glencore is engaged in the production and marketing of raw materials such as copper, sulfuric acid, and molybdenum. In Chile, it operates in the Antofagasta region, including Compañía Minera Lomas Bayas and the Altonorte Metallurgical Complex, and holds a 44% stake in Compañía Minera Doña Inés de Collahuasi.
About Glencore
Glencore is one of the world's largest diversified natural resource companies, with more than 150,000 employees and contractors in over 35 countries. The company produces, processes, recycles, and markets more than 60 commodities that support decarbonization and meet current energy needs.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241120482815/en/
Media Contact
Consort Partners for Ceibo
ceibo@consortpartners.com
News Provided by Business Wire via QuoteMedia
Cobalt Market Update: Q3 2024 in Review
He went on to note that during the third quarter, all of the cobalt grades Benchmark follows sank to their lowest levels since the company began tracking prices for the battery metal in 2017.
Cobalt metal price chart, Q3 2024.
Chart via Trading Economics.
“Prices for cobalt metal approached US$10 per pound, and cobalt hydroxide, a feedstock for cobalt metal and battery chemicals, approached US$6 per pound due to weak buyer interest and bearish market outlook,” he said.
“Cobalt sulfate prices had initially held a floor of RMB 27,500 per MT (US$3,857.23)," continued Aubry.
"However, as the quarter came to an end, cheap recycled cobalt sulfate in China undercut prices from the virgin market and has led to a further decrease in prices.”
Cobalt demand in the doldrums
The cobalt price pressure seen during the third quarter was largely due to a combination of oversupply and weakening demand, particularly from the electric vehicle (EV) battery sector.
The market is grappling with the effects of cobalt's diminishing role in battery chemistries as manufacturers increasingly turn to lithium-iron-phosphate (LFP) batteries, which contain no cobalt, or opt for nickel-based alternatives with lower cobalt content. This shift has been fueled by efforts to mitigate the environmental and ethical issues associated with cobalt mining in the Democratic Republic of Congo (DRC), the largest cobalt-producing nation.
Additionally, as cobalt production capacity expands in countries like Australia and Angola, oversupply pressures are expected to persist, keeping prices relatively low in the near term.
Industry experts predict that unless there is a significant surge in demand from emerging technologies or battery innovations, cobalt prices will remain suppressed, reflecting a structural change in market dynamics.
“The supply of cobalt has proven to exceed what the market has been able to absorb, and weak buyer interest and full stocks have led to prices being incapable of recovering,” noted Aubry. “Overall, a bearish market is expected through 2025 as participants speculate on what is the lowest price cobalt can fall to.”
Swelling cobalt supply prevents price growth
For Project Blue’s Jack Bedder, the most prevalent trend weighing on the cobalt market in Q3 was oversupply.
“Refined cobalt metal producers in China kept on increasing production volumes for an increased metal premium dampening prices even further,” Bedder told the Investing News Network (INN).
“(London Metal Exchange) off-warrant stockpiled cobalt metal has been rising, and trade data indicated an increase in China’s cobalt metal exports to the European market," the expert added.
Bedder, who is the co-founder and director of the critical metals consultancy, also pointed to higher output in the DRC and Indonesia as a headwind to cobalt price growth.
“Oversupply of cobalt intermediate continues, underpinned by increased production from the DRC’s cobalt hydroxide and Indonesian Ni-Co MHP (nickel-cobalt mixed hydroxide precipitate),” he said.
While Bedder explained that declining prices have caused companies to reschedule production plans and reduce their production guidance, there is still promise on the development side.
In mid-August, Electra Battery Materials (TSXV:ELBM,NASDAQ:ELBM) received a US$20 million grant from the US Department of Defense to support its cobalt refinery project in Ontario, which it says is set to be North America's first producer of battery-grade cobalt sulfate. Located in Temiskaming Shores, the C$250 million facility aims to strengthen the EV supply chain and reduce US reliance on foreign sources for critical minerals.
The funding aligns with the US' strategy of securing essential minerals for defense and technology sectors.
Less than a month later, the company garnered another funding infusion.
“Electra received ample financial backing from the US government to develop its cobalt sulfate refinery in Canada,” said Bedder. “The company has received a total of US$40 million in Q3 2024.”
Electra’s Department of Defense funding wasn’t the only news on the development side.
In late June, Nth Cycle commissioned a 21,000 square foot facility designed to refine metal scrap, e-waste and refinery waste into high-purity critical metals like nickel and cobalt.
“Nth Cycle commenced commercial production of Ni-Co MHP from its refinery in Fairfield, Ohio,” Bedder explained to INN. “The refinery will recover metal from electronic waste and scrap processing up to 3,100 MT per year of scrap materials to produce up to 900 MT per year MHP.”
US and Canada boost EV tariffs
In addition to building domestic cobalt mining and refining capacity, the US and Canada are working to reduce purchases of Chinese EVs. Both countries have implemented steep tariffs on EVs originating in China.
At the end of August, the Canadian government levied a 100 percent tariff on Chinese EVs. The heightened tariff followed a similar announcement out of the US in May. America also added smaller tariffs on strategic goods necessary for EV production, such as solar cells, semiconductors and lithium batteries.
While the spirit of the new EV taxes aims to spur on domestic production and EV sales, both Aubry and Bedder said they don’t see the tariffs supporting cobalt price growth.
“It is unlikely to have any effect in the short term, as Chinese EVs still remain much cheaper than their western counterparts, even with the tariffs in place, so there is limited incentive for North American producers to build domestic capacity as they are not cost competitive,” said Aubry.
Expressing a similar sentiment, Project Blue’s Bedder said he sees the taxation as a potential catalyst for North American production in the long term. “I don’t see (tariffs) impacting the cobalt market in the short term. Chinese EVs in the US do not currently sell well,” he commented to INN. “However, in the long term, tariffs and the ban on Chinese-connected vehicles may give some support to cobalt demand, as China will likely be targeting LFP EVs.”
China adds to cobalt-refining capacity
As North America looks to bolster ex-China supply, the Asian nation continues to build its cobalt presence.
“In August, GEM (SZSE:002340) commenced commercial production of a 10,000 MT per year refinery in Hubei province, China. The refinery will be using recycled material to produce standard-grade cobalt metal 99.8 percent,” Bedder said.
He also noted that Tengyuan Cobalt (SZSE:301219) has announced plans to build a new nickel-cobalt refinery in Ganzhou province, China. Commercial production is planned for the fourth quarter of 2025.
“Last year, the company produced 15,400 MT of cobalt metal after completing expansions in December 2022,” he said.
Some of that increased output could be earmarked for China’s strategic cobalt reserve. In late May, reports surfaced that the country’s State Reserve Bureau planned on purchasing 15,000 MT from domestic producers.
While Benchmark’s Aubry sees the move as largely supportive of China’s cobalt sector, he told INN that doesn’t see the purchase adding tailwinds to prices for the critical battery material.
“Although this purchase was significantly bigger than previous years, the increased tonnage of the purchase is largely believed to have been a measure taken by the Chinese State Reserve Bureau to offset the significant ramp up in Chinese cobalt metal production capacity,” he said. “As a result, it did not have the strengthening effect that many hoped it would, as Chinese metal production still exceeds what the market is able to absorb.”
What factors will move the cobalt market in 2024?
As the end of 2024 approaches, INN asked both experts what cobalt investors should watch heading into 2025.
Benchmark’s Aubry advised monitoring cobalt contracting.
“The price floor for cobalt hydroxide is currently set due to long-term contracts that are set to expire early in 2025, and as a result we may see further price erosion moving into next year,” he said.
While he cautioned that the supply/demand story is still very weak moving forward, he noted that cobalt’s future is heavily correlated to copper. “If prices come off further, we may see margins squeezed due to an increasing oversupply next year,” he said. “If the copper market stays strong, producers in the DRC will be incentivized to continue mining copper and cobalt, even if the price of cobalt hydroxide declines below US$6 per pound.”
Moving into to 2025, Bedder is tracking cobalt stockpiling from China's State Reserve Bureau.
High quantities of Chinese cobalt flowing into European markets, coinciding with existing London Metal Exchange warehouse inventories, is another development he is monitoring.
Elsewhere, Bedder noted the ongoing dispute between Glencore (LSE:GLEN,OTC Pink:GLCNF) and the DRC government.
“Much like the situation with CMOC Group (OTC Pink:CMCLF,SZSE:603993) in 2022, the DRC government has alleged that Glencore’s subsidiary, Kamoto Copper, owes the state 800 million euros (US$894 million) related to royalty payments,” said Bedder. “As we approach Q4 and 2025, we are eager to see how this might impact cobalt prices, particularly if significant evidence supports the claim. Notably, this also comes after Glencore’s recent decision to halt cobalt hydroxide stockpiling in the DRC.”
Don’t forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Quarterly Activities Report and Appendix 5B for the Period Ending 30 September 2024
HIGHLIGHTS
- HTM nears completion of a desktop review of Werner Lake Project compiling all available historical data and newly acquired data.
- Desktop review to prepare for future exploration of the Werner Lake Project to unlock value.
Sonu Cheema, Executive Director, commented:
"It is a pleasure to update the market on quarterly activities of High-Tech’s, specifically the Werner Lake cobalt, nickel, and PGE Project. Over the last 18 months High-Tech has generated significant data from the successful sampling and drilling programs. Through the compilation of the available historical data and the data derived from our successful exploration, I believe we will unlock the true value of Werner Lake.”
Desktop Review – Werner Lake
HTM commenced a desktop review of Werner Lake in the previous quarter aimed at delineating future exploration programs based on all available historical data and newly acquired data. The data derived from the successful Drilling Program, which focused on high priority drill targets, adds to the extensive data available on Werner Lake (refer ASX announcement – Drilling Results at Werner Lake – released 27 November 2023).
High-Tech’s Exploration at Werner Lake
From the outset of the 2023 campaign, focus was on testing new targets away from the Werner Lake deposit. Two areas were selected for a comprehensive evaluation and assessment of the potential to locate economic cobalt, nickel, and PGE targets. These are shown below, essentially, the ‘East’ and ‘West’ blocks or grids.
The objective was to test cobalt, copper and nickel targets on a portion of the Werner Lake Property. The drill program was planned and carried out by the in-country geological consultants, Apex Geoservice (APEX). The program was completed on time and under budget.
Targets were based on a comprehensive appraisal and evaluation of historical geological and production data covering exploration and production on and around the Property, and on the somewhat limited geological and production data from the Gordon Lake Cu-Ni mine.
Table 1 – Total of 798 metres of NQ core was drilled over six holes.
Figure 1 – Werner Lake final DDH locations and access.
The results from the ground-based magnetometer survey, lithogeochemical sampling, and prospecting provided additional focus with the primary targets all located on the east block, east of Gordon Lake and the Gordon Lake mine (refer ASX announcement – WERNER LAKE SAMPLING DISCOVER HIGH GRADE Ni SULPHIDE & Cu-Co – released 30 August 2023).
Click here for the full ASX Release
This article includes content from High-Tech Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
High-Tech Metals Investor Kit
- Corporate info
- Insights
- Growth strategies
- Upcoming projects