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Hawthorn Resources Reports Increased Iron Ore Estimates

Hawthorn Resources Reports Increased Iron Ore Estimates

Hawthorn Resources Limited (AU:HAW) has released an update.

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Hawthorn Resources Limited, in partnership with Legacy Iron Ore Limited and Hancock Prospecting Pty Ltd, has announced a 10% increase in total mineral resources at the Mt Bevan Iron Ore Joint Venture project. The updated resource estimate now stands at 1,290 million tonnes following a successful drilling campaign. The joint venture has also reported that they see reasonable prospects for the economic extraction of the Mt Bevan Magnetite Mineral Resource.

For further insights into AU:HAW stock, check out TipRanks’ Stock Analysis page.

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