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Hawthorn Resources Limited (ASX:HAW)

ALERT: Price-sensitive ASX Announcement for HAW
Current share price for HAW : $0.071 -0.074 (-51.03%)+
Announcement
Release
21 Jan 2026 8:26AM
Price at Release
$0.145
Full Release
download
Summary
The report provides an updated Mineral Resource Estimate (MRE) for the Anglo Saxon Gold Project, located in the Yerilla Mining District, North Coolgardie Mineral Field, near Kalgoorlie, Western Australia. The methodology used for the resource estimation involved 3D mineralisation wireframes created with Leapfrog Geo software, and it was guided by the JORC Code (2012). The updated MRE includes cut-off grades of 0.5 and 3.0 grams per tonne of gold, showing changes in tonnes and grades compared to previous estimates from April 2019 and February 2020. The December 2025 estimate reports 1,529,473 tonnes at 4.1 g/t gold for a cut-off of 0.5 g/t, yielding 199,719 ounces of gold. When the cut-off is increased to 3.0 g/t, the estimate shows 709,016 tonnes at 6.6 g/t gold, yielding 151,359 ounces of gold. The resource estimate reflects adjustments based on new drilling data, which indicated extensions of some lodes and reductions in others where barren results were returned.
Key Points
  • Updated Mineral Resource Estimate for the Anglo Saxon Gold Project.
  • Utilized 3D mineralisation wireframes and Leapfrog Geo software.
  • Compliance with JORC Code (2012) for resource estimation.
  • Cut-off grades of 0.5 g/t and 3.0 g/t for gold.
  • December 2025 estimate reports 1,529,473 tonnes at 4.1 g/t gold for 0.5 g/t cut-off.
  • Estimate shows 709,016 tonnes at 6.6 g/t gold for 3.0 g/t cut-off.
  • Adjustments based on new drilling data led to extension and reduction of some lodes.
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.