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Hawk Resources Limited (ASX:HWK)

ALERT: Price-sensitive ASX Announcement for HWK
Current share price for HWK : $0.025 -0.003 (-10.71%)+
Announcement
Release
15 Jun 2026 10:09AM
Price at Release
$0.028
Full Release
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Summary
Hawk Resources Limited announced that laboratory assays for drill hole DD26CT005 have extended the zone of near-surface copper mineralisation in the northwest part of the Cactus Corridor at its Cactus copper-gold project in Utah, USA. The assays revealed significant copper, gold, and silver mineralisation with notable intersections, including 71.72 meters grading 0.45% copper, 0.06 grams per tonne gold, and 3.0 parts per million silver starting at a depth of 14 meters from the surface. The copper mineralisation is associated with a highly anomalous molybdenum zone grading 0.016% over 32.9 meters. The presence of tourmaline and sulphide mineralisation, including pyrite and chalcopyrite, was noted throughout the core. Hawk Resources plans to recommence drilling in July 2026 to further explore the mineralisation potential in the Cactus Corridor.
Key Points
  • Lab assays for DD26CT005 extended copper mineralisation to the northwest.
  • Significant mineralisation includes 71.72m @ 0.45% Cu, 0.06g/t Au, 3.0ppm Ag.
  • The mineralisation starts at 14m depth with a true thickness of about 33m.
  • Associated molybdenum zone grading 0.016% over 32.9m.
  • Tourmaline and sulphide mineralisation observed down the hole.
  • Planned drilling to continue in July 2026 to explore further potential.
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.