Quarterly Activities Report and Appendix 5B for the Period Ending 30 June 2024

High-Tech Metals Limited (ASX: HTM) (High-Tech, HTM or the Company), a critical battery minerals exploration Company, is pleased to provide the following report on its activities for the Quarter ending 30 June 2024. The Company’s primary activities during the quarter were the desktop review of Werner Lake Project, Canada, (“Werner Lake”) and relinquishment of Ketele LCT Project, Ethiopia (“Ketele”).

HIGHLIGHTS

• HTM commenced 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.
• HTM has relinquished the Ketete LCT Project in Ethiopia.

"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 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.

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