Diamond Drilling Confirms High Grade Gold at Leinster South

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Stock Metal Hawk Ltd (MHK.ASX)
Release Time 22 Dec 2025, 8:23 a.m.
Price Sensitive Yes
 Diamond Drilling Confirms High Grade Gold at Leinster South
Key Points
  • High grade gold returned from diamond drilling at Thylacine
  • New thicker zones of gold mineralisation identified within both quartz veins and gabbro
  • Planning is advancing for follow-up drilling in the new year
Full Summary

Metal Hawk Ltd is pleased to report assay results from the first diamond drilling program at its 100% owned Leinster South Project in Western Australia. The program tested a number of deeper structural gold targets at the Thylacine prospect and followed up on encouraging results from previous RC drilling. The diamond drilling intersected a number of significant high-grade gold zones, largely associated with quartz veining, but also hosted within the Thylacine gabbro. Best results include 2.3m @ 15.28 g/t Au, 1.7m @ 7.71 g/t Au, and 0.65m @ 14.0 g/t Au. The data generated from this program has enhanced the company's geological understanding of the controls on gold mineralisation and will be used to guide further drilling aimed at unlocking the project's high-grade gold potential. Metal Hawk is planning additional drilling at Thylacine along with regional RC drilling at other advanced prospects within the Leinster South Project.

Outlook

The company is well-funded with approximately $4.5 million cash and investments and is planning follow-up drilling in 2026 to further test the high-grade gold potential at Leinster South.