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Hawsons Iron Ltd (ASX:HIO)

ALERT: Price-sensitive ASX Announcement for HIO
Current share price for HIO : $0.013 -0.005 (-27.78%)+
Announcement
Release
30 Jul 2025 8:27AM
Price at Release
$0.018
Full Release
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Summary
Hawsons Iron Ltd released its quarterly activities and Appendix 5B cash flow report for the period ending 31 March 2023. The report outlines the company’s resource update and ongoing feasibility studies at its flagship Hawsons Iron Project, which is targeting the production of high-quality iron ore concentrates. Key activities included the completion of a resource upgrade, ongoing environmental and technical studies, and engagement with relevant stakeholders. The company is managing expenditures prudently, with a focus on core project activities and preserving cash reserves. Outlook includes progressing towards completion of the feasibility study and advancing partnerships and regulatory approvals.
Key Points
  • Quarterly activities report released for period ending 31 March 2023
  • Resource update completed for the Hawsons Iron Project
  • Feasibility studies and technical investigations ongoing
  • Environmental and stakeholder engagement activities conducted
  • Prudent cash management and focus on core project activities
  • Cash outflows mainly related to exploration, evaluation, and administration
  • Preparation for feasibility study completion and future project milestones
  • Ongoing efforts to secure partnerships and regulatory approvals
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.