Quarterly Activities / Appendix 5B Cash Flow Report

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Stock Metal Hawk Ltd (MHK.ASX)
Release Time 24 Jul 2025, 8:12 a.m.
Price Sensitive Yes
 Metal Hawk Ltd Quarterly Activities Report
Key Points
  • Extensive RC drilling planned at Thylacine and Siberian Tiger prospects
  • High-grade gold results from rock chip sampling at White Tiger prospect
  • Assay results extend mineralised surface footprint at Thylacine prospect
  • $180,000 WA Government EIS co-funding grant awarded for diamond drilling
Full Summary

Metal Hawk Ltd has reported on its quarterly activities for the period ending 30 June 2025. Key highlights include site preparation completed for an extensive RC drilling program at the Leinster South project, which commenced subsequent to the end of the quarter. Rock chip sampling returned high-grade gold results at the new White Tiger prospect, 1km east of Thylacine, with assays up to 47.78 g/t Au. Assay results from rock chip sampling at the Thylacine prospect also extended the mineralised surface footprint to more than 900m x 150m, with new results up to 24.56 g/t Au. The company was awarded a WA Government Exploration Incentive Scheme (EIS) co-funding grant of up to $180,000 for diamond drilling at Leinster South. The September quarter 2025 is expected to see extensive RC drilling conducted at the Thylacine and Siberian Tiger prospects, as well as ongoing regional exploration activities to generate new gold targets. The company also provided updates on its other projects, including the Kanowna East, Berehaven, and Viking Gold projects.

Outlook

Drilling at Leinster South is expected to continue throughout most of the September quarter 2025, with initial drilling results expected in late July. The company also has plans for diamond drilling at Leinster South, which will be refined following the first phase of RC drilling.