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Metal Hawk (ASX:MHK) begins AC drilling at Kanowna East

Mining
ASX:MHK      MCAP $6.242M
16 March 2021 06:00 (AEST)

Metal Hawk (MHK) has begun aircore (AC) drilling at its flagship Kanowna East Project in Western Australia.

Drilling will be completed via a specialised AC rig to test for new zones of gold mineralisation beneath lake clays where no previous drilling has been carried out.

The AC drilling will also follow up strong gold anomalies recently identified at the Little Lake prospect. This work won’t begin until drilling is completed at Kanowna East.

Previous work at Little Lake has outlined a broad zone of gold mineralisation with results of four metres at 7.11g/t gold from 55 metres and six metres at 3.37g/t gold from 24 metres returned.

Once results have been received from both programs, Metal Hawk intends to undertake a deeper reverse circulation program to test for gold mineralisation beneath anomalous zones identified via the AC drilling.

“We are very excited to have a rig out on the lake which has not seen any historical drilling,” Managing Director Will Belbin said.

“Our extensive systematic drilling continues to progress our understanding of the project geology at Kanowna East and define new gold targets for RC drill testing,” he added.

Metal Hawk has ended the day 5.88 per cent in the green with shares trading at 18 cents in an $8.504 million market cap.

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