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Metal Hawk Limited (ASX:MHK)

ALERT: Price-sensitive ASX Announcement for MHK
Current share price for MHK : $0.070 -0.055 (-44%)+
Announcement
Release
13 Oct 2025 8:20AM
Price at Release
$0.125
Full Release
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Summary
Metal Hawk Limited has announced the commencement of its maiden diamond drilling campaign at the Leinster South Project in Western Australia. This campaign aims to explore high-grade gold targets at the Thylacine prospect. The drilling will involve at least five diamond holes to test deeper sections of the Thylacine gold system, including new targets identified through detailed ground magnetics. Previous reverse circulation drilling revealed high-grade gold, prompting the need for diamond drilling to further investigate the structure and mineralogy of the deposits. The company's Managing Director, Will Belbin, expressed optimism about the potential of these exploration activities to advance their understanding of the gold system.
Key Points
  • Maiden diamond drilling campaign commenced at Leinster South.
  • Drilling to target high-grade gold at the Thylacine prospect.
  • Initial program includes at least five diamond holes.
  • Project located in Agnew-Lawlers region, Western Australia.
  • Previous RC drilling showed gold grades up to 13.9 g/t.
  • Drilling will provide structural and mineralogical insights.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.