Metal Hawk reports progress at Leinster South project, intersects high grade gold value

2 min read | January 21, 2025 12:37 PM AEDT | By Team Kalkine Media

Metal Hawk reports progress at Leinster South project, intersects high grade gold value — Image source: Shutterstock

Thylacine Prospect

The company’s ongoing exploration at the Thylacine prospect has delivered impressive results, with recent rockchip assays from quartz veins in the southern zone returning high-grade gold values, including:

62.3g/t Au (sample 24DR905)
32.4g/t Au (sample 24DR903)
31.1g/t Au (sample 24DR906)
30.1g/t Au (sample 24DR908)

These results extend the mineralised footprint to 600m, while soil geochemistry results have identified a 900m-long surface gold anomaly, highlighting the prospect's potential for further discoveries.

Upcoming Drilling Program

Metal Hawk is preparing to launch its maiden RC drilling program, with planning well advanced and heritage surveys scheduled. The program will test high-priority targets at the Thylacine and Siberian Tiger prospects.

Siberian Tiger Prospect

The Siberian Tiger discovery, announced in August 2024, continues to show promise, with ongoing field activities defining new drill-ready targets. This prospect, alongside Thylacine, represents a cornerstone of Metal Hawk’s exploration efforts in the region.

Market Performance

Metal Hawk shares have gained 4.48% to trade at 35 cents on January 21, 2025, reflecting positive market sentiment toward the company’s recent exploration updates and upcoming drilling plans.

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