Metal Hawk to test high-priority Thylacine prospect with drilling at Leinster South

• Drilling following up recent high-grade gold intercepts from RC and diamond drilling at Thylacine prospect
• Additional drilling planned at Tysons prospect
• Set to examine major regional structure and granite-greenstone contact

Metal Hawk (ASX:MHK) is testing some of its highest priority targets after recommencing RC drilling at the Leinster South in Western Australia.

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Drilling is chasing high-grade gold at the Thylacine and Tysons prospects and following up results from recent RC and diamond drilling.

“We are very excited to be drilling again at Leinster South as we continue to unlock the potential of this fertile gold system,” MD, Will Belbin, said.

“We look forward to expanding on results at Thylacine and particularly the Thylacine south zone where recent drilling has returned high-grade shallow gold. We are also continuing to explore the broader Tysons prospect with additional targeted RC drilling.”

The drilling campaign is expected to take two to three weeks, with results anticipated four to six weeks after completion.

In early June Metal Hawk reported it had received final assays from RC drilling at Thylacine and Tysons along with results from recently completed gravity surveys.

The 2026 RC campaign was successful in building on results from 2025 RC and diamond drilling, with results confirming the Thylacine south zone as a high-priority target hosting significant thicknesses of shallow high-grade gold mineralisation.

High-grade gold assay results from the limited RC and diamond drilling have established the Thylacine south zone as the company’s highest priority drill target at Leinster South.

Significant thicknesses of quartz-vein hosted gold mineralisation returned from shallow drilling included 2.3m at 15.3 grams per tonne (g/t) gold from 28.1m, including 0.82m at 29.9 g/t from 28.5m

Earlier this month Metal Hawk reported it had won two contested ballots for exploration licences E31/1457 and E39/2587 at the Mt Percy gold project southeast of Leonora.

The project now comprises four tenement applications covering more than 289 sq. km of prospective ground along the Keith-Kilkenny Shear Zone (KKSZ), a major crustal-scale structure associated with several significant gold deposits in the northeast Goldfields region.

The additional tenure cements the company’s position along the Keith-Kilkenny Shear Zone and strengthens its pipeline of exploration targets across the northeast goldfields.

MHK was steady at 6.6¢ with a Mkt cap $8.143M prior to markets opening.

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