InvestSMART

Hawthorn Resources Limited (ASX:HAW)

ALERT: Price-sensitive ASX Announcement for HAW
Current share price for HAW : $0.078 0.025 (47.17%)+
Announcement
Release
5 Aug 2025 10:37AM
Price at Release
$0.053
Full Release
download
Summary
Hawthorn Resources Limited announced the commencement of drilling at the Anglo Saxon Project, which is focused on advancing resource definition and further exploration in the mining tenements. The company outlines the objective to complete an initial drilling program targeting gold mineralization, particularly at the Think Big and Ajax prospects. The announcement highlights that the drilling is designed to expand upon previous exploration successes, with the intent to increase the confidence and size of the mineral resource. The program is also structured to provide data for future mine planning and feasibility studies. Hawthorn Resources emphasizes its commitment to systematic exploration and development within its gold projects, and this drilling campaign marks a significant step in moving the Anglo Saxon Project forward.
Key Points
  • Hawthorn Resources Limited commenced drilling at the Anglo Saxon Project.
  • The program targets gold mineralization at the Think Big and Ajax prospects.
  • The drilling aims to expand and upgrade current mineral resources.
  • Results will support mine planning and feasibility study activities.
  • The initiative builds on prior exploration success within the tenement.
  • The company is committed to systematic exploration and project advancement.
  • The announcement reinforces Hawthorn Resources' focus on developing its gold assets.
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.