News Articles for Metal Hawk

This week's Bulls N' Bears Runner of the Week is … BPM Minerals. The exploration company hit high-grade gold at its Claw project in Western Australia and its share price surged on massive volume. Octava Minerals' stock also leapt on an antimony discovery from historical drill results at its Yallalong project, while other movers-and-shakers this week were Mithril Silver and Gold and Metal Hawk.

Horizon Minerals has set off on a lithium hunt through its gold-bearing Western Australian tenements after generating new exploration targets in the Goldfields and near the world-renowned Greenbushes project in the State's South West region. The company says it has been encouraged by its results to date, but more work is now planned as it looks to broaden its operations.

Regional air-core drilling on Horizon Minerals' tenements 25km southeast of Kalgoorlie has returned multiple shallow clay-hosted rare earths and scandium anomalies. Results of up to 2437 parts per million total rare earth oxides were obtained with magnet rare earths up to 718ppm as scandium oxide results grading up to 445ppm formed a linear zone. Ongoing metallurgical testing will guide future work at the zone.

ASX-listed Horizon Minerals has banked a cool $1.3 million in cash by divesting its interest in explorer Kingwest Resources via an off-market sale process. The company now plans to inject the funds, topped up with existing cash reserves into a host of new exploration programs across its core, WA-based gold assets over the next few months.

Metal Hawk and farm-in partner Falcon Metals are set to follow up historical results at the duo's Viking gold project in WA's highly prospective Albany Fraser Province with a 1600m RC drilling campaign in coming weeks. Falcon listed on the ASX last December and is the spin-off of heavyweight mineral explorer Chalice Mining's gold interests with an earn-in stake in the Viking project that is located 30km southeast of Norseman.

Gold and nickel explorer Metal Hawk says RC drilling at its Berehaven project, about 25km south-east of Kalgoorlie, has extended the Torana prospect's target zone after hitting new zones of disseminated nickel sulphides. The open strike length of the targeted ultramafic unit now extends to almost 1km and downhole electromagnetic surveys are underway to refine targets for more drilling.

Mineral explorer Metal Hawk has commenced a 3000m RC drill campaign aimed at nickel sulphide targets at the company's Berehaven nickel-gold project near Kalgoorlie in WA. The program is designed to test multiple zones with nickel sulphide potential across the project area including four new electromagnetic conductors within 5km of last year's notable Commodore nickel discovery.

Metal Hawk will drill test a strong downhole electromagnetic conductor that may be harbouring disseminated nickel sulphide mineralisation at its Torana prospect. The target is a mere 200m from a recently plunged hole that returned 10m at 0.55 per cent nickel from 130m and is part of the company's larger Berehaven project near Kalgoorlie in WA.

Metal Hawk has launched a diamond drilling program at its Kanowna East project in the West Australian Goldfields region as it looks to chase up a raft of shallow nickel hits struck by a previous explorer. The multi-hole campaign will be steered by JV partner IGO and will test southern extensions of the nearby Silver Swan nickel sulphide deposit.

Metal Hawk's dominant partner IGO Limited will inject another $4 million into the duo's Goldfields joint venture nickel operation. The stage 2 earn-in deal will give IGO an additional 24 per cent stake in the partnership. After spending $3 million at stage 1, the latest move will lift IGO's interest from 51 per cent to 75 per cent.

Metal Hawk's Berehaven nickel project on the outskirts of Kalgoorlie, WA, is growing in size with strong geochemical platinum group elements results from the Torana prospect. The new data came just to the north of the Commodore nickel sulphide discovery that the company made in the project area last September, 20km south-east of the historic goldfields town.

Initial assays from gold and nickel explorer Metal Hawk have come up trumps, with results from five diamond drilling holes from its Commodore prospect at the Berehaven project in WA returning gold hits, its best zone grading 38.5 grams per tonne. Nickel was also discovered with the company saying the result demonstrates a link with both the gold and nickel sulphide zones announced in February.

Metal Hawk is launching a 3000-metre diamond and RC drilling campaign at its Commodore nickel-gold discovery in WA's Goldfields that saw the company's share price run from 18.5c to 96.5c last year. The discovery is part of the Berehaven project, 20km south-east of Kalgoorlie where the company is chasing further mineralisation after massive nickel sulphide hits as high as 5.9 per cent nickel were recorded last year.

Metal Hawk has seen early results from a recent air-core drilling program back up its geological modelling for the Commodore nickel sulphide discovery. The work at the mineralised komatiite system defined several nickel zones matching features mapped in a moving loop electromagnetic survey last month. It has now started a 3000 metre RC drilling program to bedrock-test priority nickel sulphide targets near Kalgoorlie in Western Australia.

Multi-element explorer Horizon Minerals has netted $2m in cash by divesting assets as it continues its expansive exploration campaign in WA. The company shed its shareholdings in Red Dirt Metals and Cyprium Metals in addition to the non-escrowed portion of Metal Hawk. The earnings pocketed from monetising its assets will be used to fund part of its ongoing large-scale multi-commodity drilling program.

Metal Hawk and JV partner, Western Areas have significantly ramped up exploration, with a maiden diamond drill campaign at their Kanowna East project near Kalgoorlie intersecting 220m of nickel bearing ultramafic rocks near the well-endowed Poseidon owned Silver Swan nickel mine. Western Areas has a 75 per cent earn in agreement by spending $7 million over five years across Metal Hawk's Kanowna East, Emu Lake and Fraser South projects.

ASX-listed Metal Hawk has lit up a string of bedrock conductors, potentially pointing to the presence of massive nickel sulphides following a ground electromagnetic survey at its Berehaven project located some 20km southeast of Kalgoorlie in Western Australia. Several of the identified conductors lie along strike from the company's exciting massive nickel-sulphide Commodore discovery which has returned assays up to 5.89 per cent nickel.

ASX-listed junior explorer Metal Hawk has hit serious paydirt again at its Berehaven project, 20 kilometres south-east of Kalgoorlie in the West Australian Goldfields. Assays have confirmed a high-grade gold zone of five metres grading 7.2 grams per tonne gold is sitting below the company's high-grade nickel zone identified last year. Promisingly, mineralisation remains open in all directions.

Metal Hawk Limited has launched back into RC drilling at its Berehaven nickel project, 20 kilometres southeast of Kalgoorlie. Drilling has commenced at its Commodore South prospect located approximately 500m southwest of a discovery hole that intersected a one metre section going a whopping 5.89 per cent nickel last year. The company also hit 3.4m going 2.32 per cent nickel from 203.8m at the same prospect late last year.

Metal Hawk has mustered up a flock of high-grade gold strikes from its maiden RC drill campaign at its Kanowna East project just 8 kilometres from Northern Star's 5 million-ounce plus Kanowna Belle gold mine. Amongst the assay results revealed were a 4m section grading a formidable 17.8 grams per tonne gold from 75m including a 1m parcel going a stellar 42.7g/t gold from 76m downhole.

Metal Hawk has snagged another solid nickel hit down dip of its discovery RC drillhole that the company says demonstrates continuity of high-grade mineralisation at its Berehaven nickel project 20km south-east of Kalgoorlie. The significant drill hit gave up a 3.4m section grading a solid 2.32 per cent nickel from 203.8m downhole just 50m down-dip of a previously reported 1m hit going 5.89 per cent nickel from 144m.

WA-focused exploration company, Metal Hawk has delivered a broad 22m nickel sulphide hit going 0.27 per cent nickel at its Commodore prospect near Kalgoorlie some 150m north of its recent discovery where a 1m interval at a smashing 5.9 per cent nickel was intercepted. The company will now ramp up exploration drilling at the prospect following a $2.4m cash injection from a strongly supported capital raise.

Metal Hawk is onto a new high grade massive sulphide nickel strike in WA after a one metre hit went 5.89 per cent nickel from its maiden drilling campaign at the company's Berehaven nickel project just east of Kalgoorlie. The high-grade intercept at the Commodore prospect has confirmed a new greenfields nickel discovery and the company is now set to unleash the drill rig to test its extents.

Market punters pushed Metal Hawk's share price through the roof after maiden reverse circulation drilling at the company's Berehaven nickel project near Kalgoorlie hit massive sulphide nickel mineralisation. Metal Hawk's share price touched 76c in intraday trading after it announced a two-metre intersection of massive and semi-massive nickel sulphide mineralisation from 144m. The company's previous day's closing share price was 18.5c.

Metal Hawk's share price closed up 30 per cent on its first day of trading, while fellow gold explorer Medallion Metals has sought an ASX listing before Christmas.