Hawk Intersects High-Grade Near-Surface Copper at Cactus Corridor-What Does It Mean for Growth?
Hawk Resources Limited (ASX: HWK) has reported encouraging early drilling results from its Cactus Copper-Gold Project in Utah, highlighting near-surface, high-grade copper mineralisation across the Cactus Corridor. The Company intersected visible chalcopyrite mineralisation in two drill holes, with spot pXRF readings reaching up to 37.3% copper in DD26CT003 and 35.2% copper in DD26CT004, indicating strong grade potential. Mineralisation extends over broad zones, with estimated true widths of up to 38m and 25m respectively, suggesting scale potential. The drilling program is targeting shallow mineralisation not systematically explored since the 1960s, with early results supporting historical high-grade zones. While Copperopolis drilling returned limited copper, the focus remains on delineating the Cactus Corridor, where ongoing drilling aims to define mineralisation from surface to ~50m depth. Laboratory assays are pending to confirm grades and provide additional insights into gold and silver by-products, which were historically significant.
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
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Hawk Intersects High-Grade Near-Surface Copper at Cactus Corridor-What Does It Mean for Growth?
Hawk Resources Limited (ASX: HWK) has reported encouraging early drilling results from its Cactus Copper-Gold Project in Utah, highlighting near-surface, high-grade copper mineralisation across the Cactus Corridor. The Company intersected visible chalcopyrite mineralisation in two drill holes, with spot pXRF readings reaching up to 37.3% copper in DD26CT003 and 35.2% copper in DD26CT004, indicating strong grade potential. Mineralisation extends over broad zones, with estimated true widths of up to 38m and 25m respectively, suggesting scale potential. The drilling program is targeting shallow mineralisation not systematically explored since the 1960s, with early results supporting historical high-grade zones. While Copperopolis drilling returned limited copper, the focus remains on delineating the Cactus Corridor, where ongoing drilling aims to define mineralisation from surface to ~50m depth. Laboratory assays are pending to confirm grades and provide additional insights into gold and silver by-products, which were historically significant.
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