Metal Hawk (ASX:MHK) - Executive Director, David Pennock (left) & Managing Director, Will Belbin (right)
Executive Director, David Pennock (left) & Managing Director, Will Belbin (right)
Source: Stockhead
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  • Metal Hawk (MHK) has received final assay results from its stage one aircore drilling program at its Kanowna East Project in WA
  • The company has received results from the final 28 holes drilled across the Little Lake prospect with grades peaking at 4.76g/t gold
  • Metal Hawk has now completed its maiden exploration at Kanowna East which was designed to test bedrock geochemistry beneath lake clays and sand layers
  • Stage two drilling has now begun, consisting of over 100 aircore holes being drilled to test the structural zone north of Little Lake
  • Metal Hawk has dropped 13.3 per cent on the market and shares are trading at 26 cents

Metal Hawk (MHK) has received final assay results from its stage one aircore drilling program at its Kanowna East Project in WA.

The company has received results from the final 28 holes, totalling 2085 metres, drilled across the Little Lake prospect to follow up on strong gold anomalies.

Due to high rainfall in the area, not all drilling could be completed, however, priority drilling was successfully completed.

Metal Hawk has now completed its maiden exploration program at Kanowna East with 268 aircore holes, for 17,602 metres, now drilled.

The overall aim of this drilling program was to test the bedrock geochemistry beneath lake clays and sand layers.

Best results from Little Lake include five metres at 4.76g/t gold from 65 metres, five metres at 2.87g/t gold from 50 metres and five metres at 0.81g/t gold from 55 metres.

“This latest campaign of lake aircore drilling has intersected more strong gold mineralisation at Little Lake,” Managing Director Will Belbin said.

“Importantly, we have seen associated favourable sericite-silica alteration and abundant sulphides near end-of-hole depths,” he added.

Stage two drilling has now begun, consisting of over 100 aircore holes being drilled to test the structural zone north of Little Lake.

Simultaneously, Metal Hawk is designing reverse circulation (RC) drilling to test bedrock conductors identified via phase one drilling.

Pending government approvals and rig availability, drilling is scheduled to begin in the coming months.

Metal Hawk has dropped 13.3 per cent on the market and shares are trading at 26 cents at 10:47 am AEST.

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