Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Metal Hawk Ltd. ( (AU:MHK) ).
Metal Hawk has reported strong assay results from its first diamond drilling program at the Thylacine prospect within the Leinster South Project, confirming high-grade gold mineralisation in both quartz veins and the hosting Thylacine gabbro. Five diamond holes totalling 1,595 metres intersected multiple significant zones, including standout results of 2.3 metres at 15.28 g/t gold from near surface and deeper intercepts such as 1.7 metres at 7.71 g/t gold, reinforcing the presence of a substantial gold system and improving the company’s geological understanding of the project. Supported in part by Western Australia’s Exploration Incentive Scheme and building on earlier high-grade RC drilling, these results position Metal Hawk to advance follow-up drilling in early 2026 and to test additional high-grade targets across the broader Leinster South area, potentially enhancing the project’s scale and the company’s growth prospects in the gold exploration sector.
More about Metal Hawk Ltd.
Metal Hawk Ltd is an Australian mineral exploration company focused on gold projects, with its 100%-owned Leinster South Project located in the Agnew-Lawlers region of Western Australia. The company targets high-grade gold systems and is currently well funded with approximately $4.5 million in cash and investments to support ongoing drilling and exploration activities.
Average Trading Volume: 145,996
Technical Sentiment Signal: Sell
Current Market Cap: A$12.96M
See more data about MHK stock on TipRanks’ Stock Analysis page.