InvestSMART

Hawk Resources Limited (ASX:HWK)

ALERT: Price-sensitive ASX Announcement for HWK
Current share price for HWK : $0.026 -0.004 (-13.33%)+
Announcement
Release
2 Jun 2026 9:30AM
Price at Release
$0.030
Full Release
download
Summary
Hawk Resources Limited has reported strong near surface copper mineralization confirmed by lab assays at the Cactus Corridor in Utah, USA. Key findings from drill hole DD26CT003 include a 19.6-meter intersection at 1.25% Cu from 60.5 meters downhole, with segments of higher concentration such as 14.2 meters at 1.60% Cu and 4.9 meters at 3.97% Cu. The mineralized zone extends to 80 meters at 0.48% Cu from the surface, with additional anomalous molybdenum, silver, and gold. The success of this first hole in the Cactus section sets the stage for further drilling planned for Q3 2026.
Key Points
  • Lab assays confirm strong near surface copper mineralization in Cactus Corridor.
  • Drill hole DD26CT003 showed 19.6m @ 1.25% Cu from 60.5m, including higher grades.
  • Copper mineralization found within an 80m interval @ 0.48% Cu from surface.
  • Significant molybdenum, silver, and gold mineralization also identified.
  • Future drilling planned for Q3 2026 in the Cactus Corridor.
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.