High Grade Gold Returned from RC Drilling at Leinster South

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Stock Metal Hawk Ltd (MHK.ASX)
Release Time 18 Sep 2025, 8:23 a.m.
Price Sensitive Yes
 High Grade Gold Returned from RC Drilling at Leinster South
Key Points
  • Stage-1 RC program completed with 55 holes drilled for 5,528m
  • First-ever drilling intersects high-grade gold mineralisation at multiple prospects
  • Ongoing regional exploration continuing to generate new gold targets
Full Summary

Metal Hawk has completed the first stage of RC drilling at its 100% owned Leinster South Project, located in the Agnew-Lawlers region of Western Australia. The 55-hole, 5,528m program intersected high-grade gold mineralisation at multiple prospects, including Thylacine, Siberian Tiger, and Tysons. Highlights from the drilling include 1m @ 13.87 g/t Au from 47m in hole 25LSRC029 at Thylacine, 2m @ 7.87 g/t Au from 7m (including 1m @ 12.62 g/t Au) in hole 25LSRC011 at Siberian Tiger, and 2m @ 2.44 g/t Au from 37m (including 1m @ 4.37 g/t Au) in hole 25LSRC041 at Tysons. The company is encouraged by the high tenor of gold mineralisation and is now preparing for a diamond drilling program to test the deeper potential at Thylacine. Ongoing regional exploration is also continuing to generate new gold targets across the broader Leinster South project area.

Outlook

The company is preparing to commence a campaign of diamond drilling to test the deeper down-dip potential of the Thylacine prospect, including a number of unexplained magnetic anomalies. Exploration is also continuing across the broader Leinster South project to develop new regional gold targets for additional drill testing, with a focus on the granite-greenstone contact. A high-resolution Sub-Audio Magnetics (SAM) survey and a 3,877-line km geophysical airborne magnetic and radiometric survey are planned to assist with prospect identification, targeting, and mapping.