Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An announcement from Alderan Resources Ltd. ( (AU:HWK) ) is now available.
Hawk Resources has secured an Agreement for Mineral Exploration with the Ngaanyatjarra Native Title holders and Traditional Owners, granting access to explore the entire Olympus scandium project area in Western Australia. This follows a short three-month negotiation period supported by the Ngaanyatjarra Council and external adviser Modifying Factors.
The company is now progressing ministerial consents and a cultural heritage survey, with on-ground exploration expected to begin in June 2026. Olympus is considered a potential new scandium province, highlighted by a large soil anomaly and encouraging historic drilling, positioning Hawk for a significant value-creation opportunity in the critical minerals sector if further exploration confirms the scale and grade of mineralisation.
More about Alderan Resources Ltd.
Hawk Resources Limited is an ASX-listed exploration company focused on discovering and developing critical minerals, with a current emphasis on scandium at its Olympus project in Western Australia. The company targets large-scale, high-value scandium mineralisation that can supply advanced technology markets, including lightweight aluminium alloys and fuel cell applications.
Average Trading Volume: 2,042,483
Technical Sentiment Signal: Sell
Current Market Cap: A$15.21M
Learn more about HWK stock on TipRanks’ Stock Analysis page.