Latest Hawk Resources (Asx:Hwk) News

Hawk Resources advances exploration with imminent drilling at five copper-gold targets in Utah and secures an option to acquire a major scandium project in Western Australia, supported by a $5 million placement.

Hawk Resources Limited has had its trading suspension lifted immediately following a significant announcement about an acquisition and capital raising, signaling renewed momentum for the mining company.

Hawk Resources has raised A$5 million and secured an option to earn up to 80% of the Olympus Scandium Project in Western Australia, aiming to advance exploration of a large-scale scandium anomaly in a Tier-1 jurisdiction.

Hawk Resources has identified six new copper soil anomalies aligned with geophysical targets at its Cactus project in Utah, alongside a significant 1.1km gold soil anomaly extending from the historic Cactus mine. The company also launched US OTC trading and updated its Brazilian lithium tenement portfolio.

Hawk Resources has identified a significant 1.1-kilometre gold soil anomaly extending from the historic Cactus copper-gold mine in Utah, with assays up to 1.24g/t. This discovery, supported by strong multi-element associations, sets the stage for a targeted drilling campaign later this year.

Hawk Resources has identified eight promising copper-gold targets at its Cactus project in Utah, supported by geophysical data and soil assays, while advancing its exploration funding and drilling plans.

Hawk Resources confirms significant near-surface copper mineralisation at its New Years prospect in Utah, alongside the identification of a dozen new exploration targets, setting the stage for an active 2025 drilling campaign.