Hawthorn Resources Advances Anglo Saxon Project with Updated Resource and Ongoing Development Studies
Hawthorn Resources Limited (ASX: HAW) reported significant progress at its Anglo Saxon Gold Project, highlighted by an updated Mineral Resource Estimate that strengthens confidence in the asset’s development potential. The revised estimate outlines approximately 1.53 million tonnes at 4.06g/t gold for around 199,719 ounces at a 0.5g/t cut-off, supporting both open pit and underground mining scenarios. The update follows an extensive drilling program that confirmed strong continuity of high-grade mineralisation across depth and strike. Optimisation work based on current gold prices is underway, alongside a detailed scoping study aimed at evaluating development pathways and project economics. In parallel, work continues at the Mt Bevan Magnetite Project, with joint venture partners progressing studies to refine project parameters. The company maintains a solid financial position, reporting a cash balance of approximately AU$11.22 million at quarter end.
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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Hawthorn Resources Advances Anglo Saxon Project with Updated Resource and Ongoing Development Studies
Hawthorn Resources Limited (ASX: HAW) reported significant progress at its Anglo Saxon Gold Project, highlighted by an updated Mineral Resource Estimate that strengthens confidence in the asset’s development potential. The revised estimate outlines approximately 1.53 million tonnes at 4.06g/t gold for around 199,719 ounces at a 0.5g/t cut-off, supporting both open pit and underground mining scenarios. The update follows an extensive drilling program that confirmed strong continuity of high-grade mineralisation across depth and strike. Optimisation work based on current gold prices is underway, alongside a detailed scoping study aimed at evaluating development pathways and project economics. In parallel, work continues at the Mt Bevan Magnetite Project, with joint venture partners progressing studies to refine project parameters. The company maintains a solid financial position, reporting a cash balance of approximately AU$11.22 million at quarter end.
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