InvestSMART

Hawthorn Resources Limited (ASX:HAW)

ALERT: Price-sensitive ASX Announcement for HAW
Current share price for HAW : $0.078 0.001 (1.30%)+
Announcement
Release
30 Jul 2026 6:11PM
Price at Release
$0.077
Full Release
download
Summary
Hawthorn Resources Limited's June 2026 Quarterly Report highlights key advancements in their projects. The Anglo Saxon Gold Project in Western Australia saw the finalization of an updated Mineral Resource Estimate, following a comprehensive drilling program. This project is undergoing a Scoping Study to assess Stage 2 development options. The Mt. Bevan Magnetite Project also advanced with significant hydrology and logistics work. Financially, the company ended the quarter with $11.05 million in cash, despite a decrease in cash flow from operating activities. Corporate updates include the appointment of Mr. Wei Liu as Non-Executive Director.
Key Points
  • Updated Mineral Resource Estimate (MRE) for Anglo Saxon Gold Project finalized.
  • Completion of a 53-hole, 7856m RC drilling program for Anglo Saxon.
  • MineComp completed pit optimization for Anglo Saxon using updated MRE.
  • Scoping Study to confirm potential Stage 2 development for Anglo Saxon underway.
  • Mt. Bevan Magnetite Project progressed with site hydrology and logistics studies.
  • Hawthorn’s cash position at the end of June 2026 was $11.05 million.
  • Mr. Wei Liu appointed as Non-Executive Director.
  • Cash flows from operating activities showed a decrease of $165,000 for the quarter.
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.