HWK.ASX: Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Stock	HWK.ASX (HWK.ASX)
Release Time	30 Jul 2026, 4:33 p.m.
Price Sensitive	Yes

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Quarterly Activities Report: Exploration Updates and Capital Raising

Key Points

Agreement for Mineral Exploration executed with Ngaanyatjarra Council for Olympus scandium project.
Cactus copper-gold project drilling confirmed strong near-surface mineralisation.
Capital raising of $4.97 million completed to fund exploration activities.

Full Summary

Hawk Resources Limited (ASX: HWK) reports its quarterly activities for the period ended 30 June 2026. The company has executed an Agreement for Mineral Exploration with the Ngaanyatjarra Council for the Olympus scandium project in Western Australia, pending Ministerial consents for exploration. Drilling at the Cactus copper-gold project in Utah confirmed strong near-surface copper-gold-silver-molybdenum mineralisation. A capital raising of $4.97 million was successfully completed to fund exploration at Olympus, Cactus, and Meerkat projects. The company plans to commence exploration at Olympus in Q3 2026 and complete the Cactus Corridor drilling programme in the same quarter.

Guidance

Capital raised: $4.97 million

Outlook

Hawk Resources anticipates commencing exploration at the Olympus scandium project in Q3 2026 and completing the Cactus Corridor drilling programme in the same quarter.