Shallow High-Grade Gold at Leinster South

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Stock Metal Hawk Ltd (MHK.ASX)
Release Time 11 May 2026, 8:18 a.m.
Price Sensitive Yes
 Shallow High-Grade Gold at Leinster South
Key Points
  • High-grade gold returned from RC drilling at the Thylacine south zone
  • New zones of gold mineralisation intersected in drilling at Thylacine east
  • Assays pending for holes 26LSRC069 to 26LSRC0073, follow-up drilling to commence shortly
Full Summary

Metal Hawk Limited is pleased to report assay results from RC drilling at its 100% owned Leinster South Project. The 18-hole (2,734m) RC drilling program was completed at the Thylacine and Tysons prospects, testing a number of regional gold targets and following up results from 2025 RC and diamond drilling. Highlights include high-grade gold intersections at the Thylacine south zone, with results such as 26LSRC066 returning 3m @ 9.8g/t Au from 32m, including 2m @ 14.1g/t Au from 32m, and 26LSRC065 returning 6m @ 2.8g/t Au from 32m, including 3m @ 4.2g/t Au from 33m. In addition, new zones of gold mineralisation were intersected in drilling at the Thylacine east prospect, with 26LSRC068 returning 8m @ 3.2g/t Au from 26m depth and 8m @ 3.0g/t Au from 148m. Assays are pending for holes 26LSRC069 to 26LSRC0073, and follow-up drilling is scheduled to commence in June.

Outlook

Further drilling will be carried out to confirm the orientation and extent of the newly identified veining at Thylacine east. Final drill plans will be confirmed once assays from the remaining five holes are received.