High-Tech Metals

What High-Tech Metals does

High-Tech Metals Limited (ASX: HTM; ACN 657 249 995) is an Australian mineral resource exploration and development company headquartered at 22 Townshend Road, Subiaco, Western Australia. The company operates as a single-segment explorer and developer of mineral assets, advancing two primary projects: the Mt Fisher and Mt Eureka Gold Project — a 1,150 km² landholding in the Northern Goldfields of Western Australia's Yilgarn Craton, approximately 500 km northeast of Kalgoorlie, containing a JORC 2012-compliant Mineral Resource Estimate of 3,519,200 tonnes at 1.65 g/t Au for 187 koz of gold across the Mt Fisher, Damsel, and Wagtail deposits — and the Werner Lake Cobalt Project on the Ontario-Manitoba border in Canada's Kenora Mining District, which hosts the Werner Lake Old Mine Deposit and West Cobalt Deposit with a JORC 2012-compliant resource of 720,000 lbs at 0.51% Co and retains existing infrastructure from prior development including a four-season road, mill buildings, tailings settling area, and over 258 metres of underground development.

The underlying technology is conventional mineral exploration and mining: geological data review, electromagnetic surveys, and RC and diamond drilling to define targets, with planned extraction via traditional open pit (gold) and underground (cobalt and gold) methods. The business model is a pre-revenue exploration-stage model with revenue mechanics contingent on future commodity sales at market prices for gold and cobalt once production commences. The company does not currently sell products or services and has no disclosed customers, offtakes, or pricing arrangements. Its only "distribution channel" is the trading of its equity on the Australian Securities Exchange (ASX) under ticker HTM.

Go-to-market is investor-relations led rather than customer-led: HTM communicates with shareholders through ASX announcements and a corporate Investor Center on its website. The company's strategic posture is to review and expand existing JORC-defined resources at both projects through additional drilling and metallurgical test-work, leveraging existing infrastructure at Werner Lake and tenure partnerships with Cannon Resources Pty Ltd and a joint venture with Cullen Resources Limited (ASX: CUL), where RXL is earning up to 75% (currently 51%) of remaining Mt Fisher/Eureka tenure.

Name

High-Tech Metals

Legal name

High-Tech Metals Limited

Website

https://hightechmetals.com.au

Company type

Public

Operating status

Operating

Headcount range

1–10 employees

Short description

High-Tech Metals Limited (ASX: HTM) is a pre-revenue Australian mineral exploration company advancing the Mt Fisher/Mt Eureka gold project in Western Australia (187 koz Au resource) and the Werner Lake cobalt project in Ontario (720,000 lbs @ 0.51% Co) toward future production via traditional open pit and underground methods.

Ownership category

akta.pro rank

Product category

Mineral Resource Exploration

NAICS

Other Metal Ore Mining (212290)

SIC

Gold And Silver Ores (1040), Miscellaneous Metal Ores (1090)

akta.pro primary industry

Gold Mining (IMAKAEAA)

Keywords

• Mineral exploration
• Gold mining development
• Cobalt mining
• Resource extraction
• Mineral resource development

Headquarters

HQ city

Subiaco

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Mineral Resource Development and Production: Pre-revenue stage exploration company focused on developing gold and cobalt mineral resources to production. Revenue will be derived from the sale of extracted gold and cobalt products once mining operations commence.

Distribution channels1 record

Marketing channels2 records

Core offering

High-Tech Metals Limited is a pre-revenue mineral resource exploration and development company advancing high-grade gold and cobalt assets. The company holds the Mt Fisher and Mt Eureka Gold Projects in Western Australia's Yilgarn Craton (1,150 km² landholding, 187 koz gold resource) and the Werner Lake Cobalt Project on the Ontario-Manitoba border (720,000 lbs @ 0.51% Co). The mineral resources are amenable to traditional open pit and underground mining methods.

Product overview

High-Tech Metals Ltd is an Australian resource company operating as a single-segment explorer and developer of mineral assets. The company manages two primary mining projects: the Mt Fisher and Mt Eureka Gold Project (gold exploration in Western Australia) and the Werner Lake Cobalt Project (cobalt-copper in Canada). Both projects are at various stages of exploration and development, with the company utilizing traditional open pit and underground mining methods for mineral extraction.

Differentiator

Problem solved

Functional benefit

Products and services

• Mt Fisher and Mt Eureka Gold Project

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Cannon Resources Pty LtdcoreStrategic or Co-development PartnerRXL holds 100% for certain tenure including gold rights on tenure held by Cannon Resources Pty Ltd. The Mt Fisher and Mt Eureka Gold Projects are held by RXL 100% for certain tenure with gold rights on tenure held by Cannon Resources.
• Cullen Resources Limited (ASX: CUL)coreStrategic or Co-development PartnerJoint venture arrangement where remaining tenure is held by Cullen Resources Limited, with RXL earning up to 75% (currently 51%) in the joint venture for the Mt Fisher and Mt Eureka Gold Projects.

Scale indicators4 records

Recent moves1 record

Expansion highlights5 records

Emerging players

• Troy Minerals: Early-stage ASX-listed explorer with gold and critical minerals exposure. Comparable as a small-cap early-stage peer with similar capital-raising and exploration thesis.

Direct peers

• Cobalt Blue Holdings: ASX-listed cobalt developer focused on the Broken Hill Cobalt Project in NSW. Directly comparable as an ASX junior developer with a JORC-compliant cobalt resource targeting battery supply chains.
• Novo Resources: Precious metals explorer with assets in Western Australia's Pilbara region. Comparable as a junior gold-focused explorer listed on the ASX/TSX with stage-equivalent exploration assets.
• M3 Mining: ASX-listed junior explorer (M3M) where HTM Non-Executive Director Tyler Formica serves on the board. Highly comparable stage and scale to HTM as a small ASX gold/critical minerals explorer.
• Viking Mines: ASX-listed (VKA) explorer where HTM Chairman Charles Thomas serves as Non-Executive Chairman. Comparable as a small-cap ASX resource developer with early-stage assets.
• Marquee Resources: ASX-listed (MQR) explorer where HTM Chairman Charles Thomas is Executive Chairman. Directly comparable in scale, listing status, and early-development profile to HTM.

Broad incumbents

• Ramelius Resources: Mid-tier ASX gold producer operating in Western Australia. A relevant incumbent comparable because HTM's Yilgarn Craton assets sit in the same regional mining ecosystem as Ramelius' producing operations.
• Capricorn Metals: ASX-listed gold producer with operations in Western Australia. Comparable as a broader incumbent in the WA gold space; their Mt Gibson gold mine sits near HTM's Northern Goldfields footprint.
• Westgold Resources: Mid-tier Australian gold producer with multiple operations in Western Australia. Relevant incumbent for benchmarking regional development capex, processing options, and gold recoveries.

Others

• Cullen Resources: ASX-listed (CUL) exploration company that holds the remaining JV tenure at HTM's Mt Fisher and Mt Eureka Gold Projects. Explicitly comparable as the JV counterparty with direct economic interest in HTM's gold assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/high-tech-metals-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about High-Tech Metals