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High-Tech Metals Ltd was incorporated on 11 February 2022 for the sole purpose of acquiring 100% of the Werner Lake Project, via its wholly owned Canadian subsidiary, HTM Canada Ltd.
The Werner Lake Project (the Project) is a cobalt project located in north-western Ontario, within the Kenora Mining District, approximately 85 km north-northwest of Kenora, Ontario and approximately 170 km east-northeast of Winnipeg, Manitoba. The Project is currently owned by Global Energy Metals Corporation (70%) and Marquee Resources Limited (30%).
The Company's planned technical exploration program for the Project will aim to, in the first instance, review existing exploration and geological data, drill targets not previously drilled and establish new drill targets at the Project.
To further establish new drill targets at the Project, the Company will utilise electromagnetic techniques to consider targets outside of the existing orebody. Following the Company’s review and electromagnetic surveys, the Company will perform a RC and/or diamond drilling program over the drill targets deemed to best provide opportunities for mineralisation. Drilling will also provide material for more advanced metallurgical test-work.
It is anticipated that HTM will list on the ASX during January 2023.
hightechmetals.com.au
The Werner Lake Project (the Project) is a cobalt project located in north-western Ontario, within the Kenora Mining District, approximately 85 km north-northwest of Kenora, Ontario and approximately 170 km east-northeast of Winnipeg, Manitoba. The Project is currently owned by Global Energy Metals Corporation (70%) and Marquee Resources Limited (30%).
The Company's planned technical exploration program for the Project will aim to, in the first instance, review existing exploration and geological data, drill targets not previously drilled and establish new drill targets at the Project.
To further establish new drill targets at the Project, the Company will utilise electromagnetic techniques to consider targets outside of the existing orebody. Following the Company’s review and electromagnetic surveys, the Company will perform a RC and/or diamond drilling program over the drill targets deemed to best provide opportunities for mineralisation. Drilling will also provide material for more advanced metallurgical test-work.
It is anticipated that HTM will list on the ASX during January 2023.
High-Tech Metals Ltd
hightechmetals.com.au
