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Metal Hawk Reports High-Grade Gold Discoveries and Strategic Project Sale

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Metal Hawk Reports High-Grade Gold Discoveries and Strategic Project Sale

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Metal Hawk Ltd. ( (AU:MHK) ) has issued an update.

Metal Hawk Limited reported significant progress in its exploration activities at the Leinster South Project, highlighted by high-grade gold findings at multiple prospects, including Thylacine and Tyson’s, with plans for a maiden drilling program following the execution of a heritage agreement. The company also improved its financial position through a $2.5 million placement and strategically sold 70% of its Kanowna East project to focus entirely on Leinster South, indicating a clear direction in its exploration strategy.

More about Metal Hawk Ltd.

Metal Hawk Limited is a company operating in the exploration industry, primarily focused on discovering and developing gold deposits. The company’s activities are concentrated on projects such as the Leinster South Project, aiming to uncover high-grade gold prospects.

YTD Price Performance: 7.14%

Average Trading Volume: 263,818

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$34.05M

Find detailed analytics on MHK stock on TipRanks’ Stock Analysis page.

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