Hawthorn Resources Limited (AU:HAW) has released an update.
Hawthorn Resources Limited, in partnership with Legacy Iron Ore Limited and Hancock Magnetite Holdings Pty Ltd, has begun a drilling program at the Mt Bevan tenement, targeting lithium, caesium, and tantalum (LCT) within the Mt Ida fault zone. The venture builds on prior reconnaissance and sampling, planning for 6,000 to 8,000 meters of drilling. Positive results could lead to Hancock funding further exploration and development efforts, potentially increasing their stake to 51% in the joint venture.
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