Hawk Resources Unveils Promising Copper Discoveries at Cactus Project

The latest announcement is out from Alderan Resources Ltd. ( (AU:HWK) ).

Hawk Resources Limited announced significant progress in its Cactus copper-gold project in Utah, confirming high-grade copper oxide mineralization at shallow depths in the New Years prospect through recent drilling results. The findings revealed promising intersections and identified twelve new exploration targets with similar characteristics to the historical Cactus deposit, which previously yielded 2% copper. The company plans to advance the project by extending soil sampling, conducting electromagnetic geophysical surveys, and prioritizing drilling targets, potentially impacting its operations and enhancing its industry position.

More about Alderan Resources Ltd.

Hawk Resources Limited is a company in the mining industry, focused on copper exploration and development. The company operates the Cactus copper-gold project in Utah, USA, and is involved in identifying and developing copper mineralization projects.

YTD Price Performance: 0%

Average Trading Volume: 307,683

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$5.23M

For detailed information about HWK stock, go to TipRanks’ Stock Analysis page.