Metal Hawk Flags New Priority Gold Target at Leinster South After SAM Survey

An update from Metal Hawk Ltd. ( (AU:MHK) ) is now available.

Metal Hawk has identified a new priority gold drill target at its Leinster South Project after processing Sub-Audio Magnetics (SAM) survey data collected over the Thylacine and Tysons prospect areas. The survey outlined a 400m by 100m zone of strong conductivity and possible shearing along a north-south granite–greenstone contact north of the Tysons gold trend, a structural corridor already shown to host high-grade gold at surface and in limited drilling. Recent rock-chip sampling from the edge of the conductive zone returned grades up to 2.7 grams per tonne gold, reinforcing the contact’s prospectivity, while petrographic work across the project has confirmed multiple styles of gold mineralisation. Metal Hawk plans to begin reverse circulation drilling of the new target in February 2026 and will also undertake additional drilling at the nearby Thylacine prospect to follow up recent high-grade intersections and test untested areas, stepping up its exploration push in a proven gold district.

The most recent analyst rating on (AU:MHK) stock is a Sell with a A$0.13 price target. To see the full list of analyst forecasts on Metal Hawk Ltd. stock, see the AU:MHK Stock Forecast page.

More about Metal Hawk Ltd.

Metal Hawk Limited is an Australian exploration company focused on gold and base metal discoveries, with its key projects including the 100%-owned Leinster South Project in the Agnew-Lawlers region of Western Australia. The company targets structurally controlled, granite-greenstone-hosted mineralisation using modern geophysical and geochemical techniques to identify high-potential drill targets in underexplored terrains.

Average Trading Volume: 156,180

Technical Sentiment Signal: Sell

Current Market Cap: A$16.66M

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