Market Alert : Can Precious Metals and Oil Hold Momentum Amid U.S. Treasury Buybacks and Ongoing U.S.-Iran Tensions?

Hawthorn Resources Begins Gold Exploration Drilling at Pinjin East

Hawthorn Resources Begins Gold Exploration Drilling at Pinjin East Source: Kapitales Research

Hawthorn Resources Limited (ASX: HAW) has started a new Aircore drilling campaign at the Pinjin East prospect in Western Australia. The exploration program comprises 25 holes for up to 2,000 metres and is designed to investigate a gold-bearing soil trend extending beyond 800 metres. Historical sampling identified several elevated gold readings, with five samples above 500 ppb gold and the strongest result reaching 10.9 g/t gold.Previous drilling near the targeted zone has also indicated gold mineralisation. One notable intercept returned 8 metres at 0.96 g/t gold from 96 metres, including 2 metres grading 2.27 g/t gold.The latest campaign will assess whether the surface geochemical signature continues into shallow bedrock. Successful drilling could highlight additional mineralised zones close to the Anglo Saxon deposit, potentially supporting future development plans and providing priority areas for more advanced RC drilling. 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au