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Alderan Resources Ltd. ( (AU:HWK) ) has issued an announcement.
Hawk Resources has begun drilling at the Cactus target to test a 600-metre extension of a geophysical anomaly linked to the historic high-grade Cactus copper-gold mine and plans to drill the larger nearby Wasp anomaly next, after securing permits for all remaining holes across multiple Cactus-area targets. In parallel, the company has initiated access negotiations with the Ngaanyatjarra Council for its Olympus scandium project, underpinned by a large scandium soil anomaly and encouraging historical RAB intercepts, marking a key step toward exploration that could materially expand its exposure to scandium and diversify its growth pipeline beyond copper-gold.
The most recent analyst rating on (AU:HWK) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Alderan Resources Ltd. stock, see the AU:HWK Stock Forecast page.
More about Alderan Resources Ltd.
Hawk Resources Limited (ASX: HWK), associated here with Alderan Resources’ release stream, is an Australian mineral exploration company focused on copper, gold and scandium. Its portfolio includes the historic Cactus copper‑gold project, where past mining delivered high-grade copper and gold, and the Olympus scandium project, which is being advanced as a potential new scandium province based on extensive soil anomalies and historical drilling.
Average Trading Volume: 5,091,379
Technical Sentiment Signal: Hold
Current Market Cap: A$29.37M
Find detailed analytics on HWK stock on TipRanks’ Stock Analysis page.