HWK Price sensitive 15 Jun 2026, 10:09 AM

Lab Assays Extend Near Surface Copper in Cactus Corridor

Hawk Resources Ltd

Lab Assays Extend Near Surface Copper in Cactus Corridor

Key points

  • Lab assays for hole DD26CT005 extended near surface copper mineralisation
  • Intersections include 71.7m @ 0.45% Cu, 0.06g/t Au, 3ppm Ag
  • Preparations underway to recommence drilling in July, 2026

Full summary

Hawk Resources Limited (ASX: HWK) announced lab assays for hole DD26CT005, extending the near surface copper mineralisation in the Cactus Corridor at its Cactus copper-gold project in Utah, USA. The assays revealed significant mineralisation, including 71.7m @ 0.45% Cu, 0.06g/t Au, and 3ppm Ag from 20.3m downhole. The mineralisation starts at a depth of 14m from the surface and has an estimated true thickness of 33m. Additionally, highly anomalous molybdenum was intersected, with a zone of 32.9m @ 0.016% Mo from 59.1m downhole. Preparations are in progress to recommence drilling in July 2026.

Outlook

The company plans to recommence drilling in July 2026 to further explore the Cactus Corridor.

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