New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$13.6m market cap, or US$9.53m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Announcement • Oct 29
Metal Hawk Limited, Annual General Meeting, Nov 28, 2025 Metal Hawk Limited, Annual General Meeting, Nov 28, 2025. Location: at level 1, 1292 hay street, west perth, wa 6005, Australia New Risk • Oct 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.8m (US$9.63m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.8m market cap, or US$9.63m). Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). New Risk • Sep 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.2m free cash flow). Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m (AU$251k revenue, or US$166k). Minor Risks Share price has been volatile over the past 3 months (19% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (AU$17.6m market cap, or US$11.6m). New Risk • Sep 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (18% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (AU$18.5m market cap, or US$12.1m). New Risk • Jul 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 18% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (AU$21.0m market cap, or US$13.5m). Announcement • May 02
Metal Hawk Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million. Metal Hawk Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,200,000
Price\Range: AUD 0.2
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 300,000
Price\Range: AUD 0.2
Transaction Features: Subsequent Direct Listing New Risk • Apr 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (AU$54.0m market cap, or US$32.5m). Announcement • Mar 28
Metal Hawk Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million. Metal Hawk Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,097,561
Price\Range: AUD 0.41
Transaction Features: Subsequent Direct Listing Announcement • Mar 24
Metal Hawk Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Metal Hawk Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,097,561
Price\Range: AUD 0.41
Transaction Features: Subsequent Direct Listing New Risk • Mar 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.4m free cash flow). Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m (AU$51k revenue, or US$32k). Minor Risk Market cap is less than US$100m (AU$40.1m market cap, or US$25.3m). Announcement • Jan 23
Accelerate Resources Limited (ASX:AX8) agreed to acquire 70% stake in Kanowna East Gold Project from Metal Hawk Limited (ASX:MHK). Accelerate Resources Limited (ASX:AX8) agreed to acquire 70% stake in Kanowna East Gold Project from Metal Hawk Limited (ASX:MHK) on January 23, 2025. The consideration consists of 20 million common equity of Accelerate Resources Limited to be issued for assets of Kanowna East Gold Project. As part of consideration, AUD 0.03 million is paid towards assets of Kanowna East Gold Project. New Risk • Jan 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$32.7m market cap, or US$20.4m). Announcement • Nov 13
Metal Hawk Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Metal Hawk Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,500,000
Price\Range: AUD 0.2
Transaction Features: Subsequent Direct Listing Announcement • Oct 24
Metal Hawk Limited, Annual General Meeting, Nov 27, 2024 Metal Hawk Limited, Annual General Meeting, Nov 27, 2024. Location: level 2, 18 kings park road, west perth, wa 6005, perth Australia New Risk • Sep 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.4m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m (AU$77k revenue, or US$53k). Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (AU$17.1m market cap, or US$11.8m). New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m (AU$46k revenue, or US$30k). Market cap is less than US$10m (AU$7.55m market cap, or US$4.87m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Mar 26
Metal Hawk Limited has completed a Follow-on Equity Offering in the amount of AUD 3.5 million. Metal Hawk Limited has completed a Follow-on Equity Offering in the amount of AUD 3.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 19,188,889
Price\Range: AUD 0.18
Discount Per Security: AUD 0.0108
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 255,556
Price\Range: AUD 0.18
Discount Per Security: AUD 0.0108
Transaction Features: Subsequent Direct Listing New Risk • Mar 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.6m free cash flow). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m (AU$50k revenue, or US$33k). Market cap is less than US$10m (AU$6.46m market cap, or US$4.28m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Nov 25
Metal Hawk Limited has filed a Follow-on Equity Offering in the amount of AUD 3.5 million. Metal Hawk Limited has filed a Follow-on Equity Offering in the amount of AUD 3.5 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 19,444,445
Price\Range: AUD 0.18
Discount Per Security: AUD 0.0108
Transaction Features: Subsequent Direct Listing Announcement • Nov 15
Metal Hawk Limited has completed a Follow-on Equity Offering in the amount of AUD 1.227131 million. Metal Hawk Limited has completed a Follow-on Equity Offering in the amount of AUD 1.227131 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,701,187
Price\Range: AUD 0.11
Discount Per Security: AUD 0.0066
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 454,546
Price\Range: AUD 0.11
Discount Per Security: AUD 0.0066
Transaction Features: Subsequent Direct Listing New Risk • Nov 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.1m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m (AU$46k revenue, or US$30k). Market cap is less than US$10m (AU$14.2m market cap, or US$9.26m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). Announcement • Oct 10
Metal Hawk Limited, Annual General Meeting, Nov 09, 2023 Metal Hawk Limited, Annual General Meeting, Nov 09, 2023, at 10:30 W. Australia Standard Time. Location: Level 2, 18 Kings Park Road West Perth Western Australia Australia Agenda: To consider the Annual Report of the Company and its controlled entities for the financial year ended 30 June 2023; to consider the remuneration report; to consider election of director; to consider approval of 10% placement facility; to consider ratification of issue of placement shares; to consider approval of issue of director placement shares; and to consider other resolutions. Announcement • May 30
Metal Hawk Limited Appoints Michael Edwards as Non-Executive Director Metal Hawk Limited advised that Michael Edwards has been appointed as Non-Executive Director of the Company. Mr. Edwards is an experienced geologist, economist, corporate executive and company director who has become increasingly active at the Board level, particularly in the junior resources sector, over the past 10 years. He holds a Bachelor of Business (Economics and Finance) from Curtin University of Technology and a Bachelor of Science (Geology) from the University of Western Australia. Mr. Edwards is currently Executive Chairman of Future Battery Metals Limited, Non-Executive Chairman of Greenstone Resources Limited and Non-Executive Director of De.mem Limited. Mr. Edwards was recently Non-Executive Chairman of Firefly Resources Limited which successfully merged with Gascoyne Resources Limited. Announcement • May 06
Metal Hawk Limited (ASX:MHK) signed a binding agreement to acquire remaining 51% stake in Kanowna East, Emu Lake and Fraser South projects in Western Australia from IGO Limited (ASX:IGO) for AUD 0.26 million. Metal Hawk Limited (ASX:MHK) signed a binding agreement to acquire remaining 51% stake in Kanowna East, Emu Lake and Fraser South projects in Western Australia from IGO Limited (ASX:IGO) for AUD 0.26 million on May 4, 2023. The transaction will result in IGO’s shareholding in Metal Hawk increasing from 5.4% to 8.2%. The payment for IGO’s 51% interest in the Fraser South, Kanowna East and Emu Lake Projects consists of 2 million fully paid MHK shares and 2 million MHK options. Announcement • Feb 09
Metal Hawk Limited (ASX:MHK) entered into an agreement to acquire Onslow Base Metals Project tenements (E08/3231 and E08/3232) from Skryne Hill Pty. Ltd. Metal Hawk Limited (ASX:MHK) entered into an agreement to acquire Onslow Base Metals Project tenements (E08/3231 and E08/3232) from Skryne Hill Pty. Ltd. on February 7, 2023. As part of the agreement, Metal Hawk will pay Skryne Hill $20,000 cash, and 200,000 fully paid shares for a 2-year option. The company will also pay 1.25 million fully paid shares to exercise the option. Announcement • Dec 14
Metal Hawk Limited Announces Berehaven Nickel Project Update Metal Hawk Limited provided an update on nickel sulphide exploration activities at the Berehaven Project, 20km south-east of Kalgoorlie in Western Australia. The first diamond hole has been completed at the Torana Prospect, located 1.5km north of and along strike from the Company's high-grade Commodore nickel sulphide discovery. BVD010 was drilled to a total depth of 453m, testing TDC-29, a strong late-time downhole electromagnetic (DHEM) conductor situated from a depth of 350m below surface. A sequence of sulphidic metasediments and altered felsic rocks was intersected from 349.5m, with significant massive sulphides confirming the source of electromagnetic conductivity. The ultramafic unit intersected in BVD010 (from 339m to 345m) is significantly thinner than observed in previous RC holes, indicating a southerly plunge direction. Further drilling is planned in order to test this zone to the south and beneath the thickest part of the mineralised ultramafic at the edge of the conductive zone. Additional RC drilling will also continue to explore under cover of transported material and deep weathering to the north of Torana. Petrographic analysis from mineralised RC samples in holes BVNC035 and BVNC055 at Torana has identified the presence of high-grade nickel sulphide mineral millerite, commonly seen in Kambalda-style komatiite-hosted nickel sulphide deposits. These results confirm the high tenor nature of the nickel sulphides present in the system. The mineral assemblage of millerite-pyrite (with lesser chalcopyrite) is a result of low-temperature hydrothermal alteration of primary mineral assemblage of pentlandite-pyrite- (+ chalcopyrite). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non Executive Chairman Brett Lambert was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Nov 15
Metal Hawk Limited Provides Updates on Nickel Sulphide Exploration Activities At the Berehaven Project, 20Km South-East of Kalgoorlie in Western Australia Metal Hawk Limited provided an update on nickel sulphide exploration activities at the Berehaven Project, 20km south-east of Kalgoorlie in Western Australia.The Torana Prospect is located 1.5km north and along strike from the Company's high-grade Commodore nickel sulphide discovery within the Berehaven tenements. Drilling at Torana has intersected thick units of high-MgO ultramafic rocks, with zones of visible disseminated nickel sulphide mineralisation identified in several RC holes drilled to date. New downhole electromagnetic (DHEM) surveys at Torana have been carried out in BVNC056 and BVNC021 in order to refine the off-hole DHEM conductor TDC_029. The new data has enabled the Company's geophysical consultants, Newexco, to further refine the modelled late-time conductor as a highly conductive (7,300 Siemens) discrete west-dipping 300m x 300m plate. The target plate is positioned at a depth of 350m below surface under a thick package of mineralised ultramafic rocks. Diamond drilling to test this priority massive sulphide target is scheduled to commence in late November. Assay results have been received from the 3,300m campaign of RC drilling completed in the September quarter (BVNC038 to BVNC055). Additionally, two new RC holes (BVNC056 and BVNC057) have been drilled at the northern end of the Torana prospect, extending the strike extent of the mineralised ultramafic unit to over one kilometre. New assays returned from RC drilling at Torana have confirmed additional broad zones of strongly anomalous nickel sulphide mineralisation, including: 32m @ 0.39% Ni from 90m (BVNC045), 25m @ 0.26% Ni from 155m (BVNC054), 38m @ 0.23% Nu from 167m (BVNC055), Including 1m @ 0.89% from 175m In addition to the drilling at Torana, regional RC drilling east and southeast of the main Commodore ultramafic trend has intersected significant intervals of high MgO ultramafic rocks. Planning for follow-up work is in progress. A campaign of up to 30 aircore (AC) holes is currently underway, targeting a number of new and historical geochemical anomalies at Metal Hawk's southern Berehaven tenements. This program is aimed at defining new nickel sulphide targets for RC drilling. Announcement • Oct 31
Metal Hawk Limited, Annual General Meeting, Nov 30, 2022 Metal Hawk Limited, Annual General Meeting, Nov 30, 2022, at 10:30 W. Australia Standard Time. Location: Level 2, 18 Kings Park Road, West Perth WA 6005 West Perth Australia Agenda: To Consider The Annual Report Of The Company And Its Controlled Entities For The Financial Year Ended 30 June 2022, Which Includes The Financial Report, The Directors' Report And The Auditor's Report; to Consider Remuneration Report; to Consider Re-Election Of Director Mr Brett Lambert; to Consider Approval Of 10% Placement Facility; to Consider Ratification Of Issue Of Placement Shares; to Consider Approval Of Issue Of Director Placement Shares; to Consider Approval Of Issue Of Director Options; To Consider Approval Of New Plan; to Consider Approval Of Potential Termination Benefits Under The New Plan; and to Consider Modification Of Existing Constitution. Announcement • Sep 12
Metal Hawk Limited Extends Drilling Target Zone At Torana Metal Hawk Limited advised that a 3,300m campaign of reverse circulation (RC) drilling has been completed at the Berehaven Project, 20km south-east of Kalgoorlie in Western Australian. Five (5) RC holes were drilled at the Torana prospect, located 1.5km north and along strike from the Company's high-grade Commodore nickel sulphide discovery. Drilling has extended the open strike length of the targeted ultramafic unit at Torana to nearly 1km. The presence of disseminated nickel sulphides observed in RC drill chips (verified by pXRF analysis) further highlights the nickel fertility of this untested ultramafic belt. Downhole electromagnetic (DHEM) surveys are now underway at Torana to further refine modelled DHEM conductor plate TDC_29 prior to diamond drill testing of this high priority target. The Torana DHEM program will also explore for new target zones related to massive nickel sulphides at depth. Several regional RC holes were also completed as part of the campaign, testing geophysical electromagnetic targets identified from moving loop electromagnetic (MLEM) surveys carried out earlier this year. Favorable high-MgO ultramafic host rocks were intersected at the majority of prospects drilled and will be followed up with DHEM. Assays from this latest round of drilling will be used in conjunction with DHEM survey results to refine targets for further RC and diamond drilling. Announcement • Aug 23
Metal Hawk Limited Announces Reverse Circulation Drilling Commences on Nickel Sulphide Targets Metal Hawk Limited announced that a new campaign of reverse circulation (RC) drilling has commenced at the Berehaven Project, 20km south-east of Kalgoorlie in Western Australian. Drilling will test multiple new nickel sulphide targets across the project area with a total of 3,000m planned. The Company identified several late-time conductors from ground moving loop electromagnetic (MLEM) surveys carried out earlier this year across the project area. Drilling to date has focused on exploring along the western Commodore ultramafic trend, with significant nickel sulphide mineralisation identified in RC drilling north and south of the Commodore discovery at the Torana and Commodore South prospects. Whilst the current RC program is continuing to explore along this fertile western ultramafic trend, several holes are also planned to test four MLEM conductors (BVM_09 to BVM_012) further east of Commodore. Four (4) late-time bedrock conductors with steep to moderately west-dipping modelled plates, BVM_09 to BVM_12, are located from 3km to 5km east of the Commodore ultramafic trend, and present as priority untested RC drill targets. The weathering at this central part of the project area is notably shallower than that observed along the Commodore trend, where the effectiveness of surface EM has been limited by the deeply weathered rocks and the transitional nature of the nickel sulphides present. Several RC holes have been designed to intersect the conductive target zones at between 150m to 220m depth, with follow-up downhole electromagnetic (DHEM) surveys to be carried out in order to detect any conductive responses related to nearby accumulations of massive nickel sulphide mineralisation. Recent drilling results highlight the fertility of the Commodore ultramafic trend and further RC drilling and DHEM is planned as exploration continues along strike from the Commodore discovery. RC drilling at the Torana prospect, located 1.5km north of Commodore, has intersected zones of thick high-MgO ultramafic rocks, highlighted by the intersection from BVNC020 which returned a zone of disseminated mineralisation of 10m @ 0.55% Ni from 130m within a broader zone of 30m @ 0.37% Ni from 125m. Downhole electromagnetic (DHEM) surveying has identified an off-hole late-time conductor located approximately 200m down-dip from this zone of mineralisation and extending to the north. Further RC drilling will test along strike and up-dip from this conductive zone prior to deeper diamond drilling. Additional drilling will also be carried out at the Commodore South prospect, exploring the southern extension of the Commodore mineralised trend, where recent drilling intersected disseminated and blebby nickel sulphide mineralisation. Hole BVNC033 at Commodore South returned 2m @ 0.54% Ni from 171m within a broader ultramafic package of 13m @ 0.24% Ni from 167m. Announcement • Aug 18
Metal Hawk Limited Identifies Downhole Electromagnetic Surveying at the Torana Prospect at its Berehaven Project Metal Hawk Limited (‘Metal Hawk’ or the ‘Company’) announced that downhole electromagnetic (DHEM) surveying has identified a priority drill target at the Torana prospect at the Company's Berehaven Project, 20km south-east of Kalgoorlie in Western Australia. Torana is located 1.5 kilometres north and along strike from the Commodore Prospect, where Metal Hawk discovered high-grade nickel sulphide in September 2021. Reverse circulation (RC) drilling carried out at Torana has intersected significant thicknesses of high-MgO rocks where previously no ultramafic lithologies had been identified. Significant zones of disseminated nickel sulphide mineralisation have been logged from drill chips in numerous holes, highlighted by the intersection from BVNC020 which returned 10m @ 0.55% Ni from 130m within a broader zone of 30m @ 0.37% Ni from 125m. DHEM surveys have been completed in a number of RC holes at Torana, with the northern- most hole BVNC029 detecting a strong late-time off-hole anomaly with a 140ms time constant. A large west-dipping plate TDC_29 has been modelled with a source that is distal to the hole, measuring a high conductance of ~3000 Siemens. Moving loop electromagnetic (MLEM) surveys carried out previously detected a zone of conductivity in a similar position, however, due to the depth of the conductor, a poorly constrained plate was modelled with an unknown dip. The new DHEM data combined with MLEM survey data has enabled the design of a more refined plate model. Notably, the top edge of conductor TDC_29 is positioned down-dip and 200m from the zone of disseminated nickel sulphide mineralization intersected in BVNC020. The effectiveness of surface EM along the Commodore trend has been limited by the extremely deeply weathered rocks and the transitional nature of nickel sulphides present. Hence, DHEM surveying is an essential technique for the exploration of massive nickel sulphides under cover along this part the belt. Select RC holes drilled at the Torana prospect are cased with 50mm PVC, which enables DHEM surveys to be carried out efficiently on a campaign-basis. Follow-up drilling at Berehaven is due to commence within the next week and will include RC holes designed to further explore along strike from zones of disseminated mineralization intersected at Torana. Additional DHEM surveys will be carried out to further investigate and refine the electromagnetically conductive target zone. Ultimate drill-testing of conductor TDC_29 will require deeper diamond drilling, with a downhole target depth of approximately 420m. This will be done following completion of the upcoming RC program. RC drilling and DHEM will also be carried out at the Commodore South Prospect, located approximately 500m south of Commodore, where a recent intersection of disseminated and blebby sulphide mineralisation in BVNC033 returned 2m @ 0.54% Ni from 171m within a broader ultramafic package of 13m @ 0.24% Ni from 167m. Announcement • Jul 22
Metal Hawk Limited Announces the Commencement of Diamond Drilling at the Kanowna East Project Metal Hawk Limited announced the commencement of diamond drilling at the Kanowna East project, located approximately 10km south of the Black Swan/Silver Swan nickel mine in the West Australian goldfields. Managed by joint venture partner IGO Limited, the program will consist of several diamond drillholes designed to further explore the interpreted southern extension of the ultramafic corridor hosting the high-grade Silver Swan nickel sulphide deposit. IGO recently achieved the Stage-1 joint venture milestone, acquiring a 51% joint venture interest in Metal Hawk's Kanowna East, Emu Lake and Fraser South projects. IGO has elected to continue sole funding exploration and can earn an additional 24% interest by spending a further $4 million on the joint venture projects. Metal Hawk is free carried to decision to mine and retains 100% of the gold rights at Kanowna East and Emu Lake The maiden nickel sulphide RC drilling program at Kanowna East was completed by Western Areas in early 2022, returning several shallow nickel results along the strike- extensive ultramafic target unit. Two deep diamond holes co- funded through the WA Government's Exploration Incentive Scheme (EIS) were drilled in Q1- Second Quarter 2022. The first diamond hole KEDD001 identified a broad 220m zone of nickel-bearing ultramafic rocks from 560m. IGO has commenced drilling, testing the ultramafic basal contact via a wedge off KEDD001 (previously abandoned at 793.8m due to poor ground conditions). Further drilling will target along strike and above the zone of mineralisation intersected in KEDD001, with downhole electromagnetic (DHEM) surveys to be carried out in order to detect any nearby accumulations of massive nickel sulphide mineralisation. Announcement • Jun 03
Metal Hawk Limited Provides an Update on Regional Nickel Sulphide Exploration At the Berehaven Project Metal Hawk Limited provide an update on regional nickel sulphide exploration at the Berehaven Project, 20km south-east of Kalgoorlie in the West Australian goldfields. The Commodore nickel sulphide discovery in September 2021 confirmed the potential for a significant mineralised komatiite system at Berehaven, with the Company's maiden reverse circulation (RC) drilling program intersecting 5.9% Ni. Whilst Metal Hawk has been exploringthe nickel and gold mineralised system at Commodore with reverse circulation (RC) and diamond drilling, regional nickel exploration has also continued with aircore (AC) and RC drilling and extensive ground geophysical moving loop electromagnetic (MLEM) surveys across the broader Berehaven Project area. Recent RC drilling has intersected a zone of strong Ni-Cu-PGE geochemistry at the new Torana prospect, located 1.5km northwest and along strike from Commodore. BVNC017 returned a zone of 10m @ 0.20% Ni, 424ppm Cu and 126ppb PGE from only 25m depth, at the top andinterpreted western margin of an extremely weathered ultramafic unit. Drilling beneath this zone intersected a thick (>60m) interval of weathered ultramafic rocks, with highly anomalous Ni-Cu-PGE geochemistry (also at the western margin of the unit). BVNC026 returned 35m @0.26% Ni, 132ppm Cu and 45ppb PGE from 120m, which included 10m @ 0.32% Ni, 240ppm Cu, 87ppb PGE from 120m. BVNC030 was drilled 60m further north on section 6,585,760mN and intersected the same anomalous Ni-Cu-PGE zone in highly weathered ferruginous saprolite, returning 40m @0.42% Ni, 234ppm Cu and 104ppb PGE from 100m, including 12m @ 0.51% Ni, 605ppm Cu and 236ppb PGE from 101m. Announcement • May 30
Metal Hawk Limited Announces Diamond Drilling Returns High Grade Gold and Nickel At Commodore Metal Hawk Limited reported initial assay results from diamond drilling at the Commodore Prospect within its Berehaven Project, 20km south-east of Kalgoorlie in the West Australian goldfields. The diamond drilling program was designed to follow-up the high-grade gold zone discovered in the footwall of the Commodore nickel sulphide system (see ASX Announcement 14 February 2022). Highlights: Initial assays received from diamond drilling at the Commodore Prospect, part of the Berehaven Project near Kalgoorlie, WA; All five diamond holes returned significant gold intercepts; Hole BVD007 intersected high-grade gold and nickel: 2.5m @ 7.4 g/t Au from 255.4m Including 0.37m @ 38.5g/t Au from 257.5m, and; 2.6m @ 2.8% Ni from 212.5m. BVD001 gold intercept extended to 5.9m @ 6.7g/t Au from 244.4m; Other results: 1.4m @ 4.1g/t Au from 223.1m (BVNCD002); 0.6m @ 3.7g/t Au from 229.0m (BVNCD004); 0.5m @ 1.6g/t Au from 211.1m (BVNCD005). Some continuity now demonstrated in both the gold and nickel sulphide zones at Commodore; Assays pending for four diamond holes through target gold zone; 22 additional RC holes completed for 3,900m - all assays pending. A total of nine diamond holes were drilled as part of the campaign, including diamond tails on three previously drilled nickel reverse circulation (RC) holes. To date assay results have been received for BVD001 (extension), BVD007 and diamond tail extensions BVNCD002, BVNCD004 and BVNCD005 (all of which did not previously test the footwall gold zone). BVD007 was drilled on section 6,584,440mN, 40m south of BVD001, and intersected the following high-grade nickel and gold mineralisation: 2.57m @ 2.79% Ni from 212.65m; 2.47m @ 7.39g/t Au from 255.4m; Including 0.37m @ 38.5g/t Au from 257.5m. Located at the basal contact of the Commodore ultramafic unit, the nickel sulphide intersection in BVD007 is similar to that intersected in BVD001 (3.2m @ 2.4% Ni), comprised of heavily disseminated to matrix-style mineralisation, with predominantly transitional sulphides violarite-pyrite. The intercept is located approximately 25m south and 20m down- dip from the intersection in BVD001. Although BVD007 did not target the nickel sulphide zone, this result shows the high-tenor nickel sulphide present in the Commodore system has some continuity, in this case where the ultramafic unit is only a few metres thick. The zone of high-grade gold mineralisation in BVD007 is located approximately 50m below the mineralised ultramafic contact, 25m south and 15m below the gold discovery intersection in BVD001. The gold zone of quartz-sulphide veining within an altered sulphidic shale horizon is located in the felsic footwall rocks east of the Commodore ultramafic. BVNCD004 (also on section 6,584,440mN) intersected 0.64m @ 3.74g/t Au from 228.96m. This intercept is located about 75m up-dip (east) from the high-grade gold in BVD007. Assays are pending for BVD008 (located between BVD007 and BVNCD004). BVD001, which when initially drilled ended in gold mineralisation, was extended with a 59m diamond tail and returned a further 0.7m @ 3.1g/t Au from 249.6m, bringing the complete intersection to 5.94m @ 6.69g/t Au from 244.4m to 250.3m. BVNCD002, an extension of RC hole BVNC002 (which intersected 1m @ 5.9% Ni from 144m) intersected 1.4m @ 4.1g/t Au, approximately 50m up dip from BVD001. Assays are pending for diamond hole BVD005 which tested ~30m below the gold zone in BVD001. In addition to the diamond drilling at Commodore, 22 RC holes have been completed for a total of 3,902m since April 2022. The majority of this drilling has been bedrock-testing the strike-extensive Commodore ultramafic target unit as part of Metal Hawk's systematic nickel sulphide exploration program at Berehaven. Three of the RC holes drilled were also designed to test the projected up-dip position of the Commodore gold mineralisation. Following interpretation of a flatter than expected dip of gold mineralisation, it is likely that these RC holes were not drilled deep enough to test the gold zone. Additional drillholes will be planned following receipt of final assays. Next Steps: Follow-up RC and diamond drilling will be planned for Commodore following receipt of all gold assays. Nickel sulphide exploration is continuing with RC drilling bedrock-testing the strike extensive Commodore ultramafic horizon, targeting depths of between 120m and 220m down-hole. Significant intervals of ultramafic lithologies have been logged north and south of Commodore (assays pending). The Company is focused on systematically exploring along this fertile stratigraphy with campaigns of RC drilling, utilising recent aircore geochemistry and geophysics to vector in on new zones of nickel sulphide mineralisation. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non Executive Chairman Brett Lambert was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Metal Hawk Limited Announces Drilling Recommences at Commodore Prospect Within its Berehaven Project Metal Hawk Limited announced that a new round of diamond and reverse circulation (RC) drilling has commenced at the Commodore Prospect within its Berehaven Project, 20km south-east of Kalgoorlie in the West Australian goldfields. Initial gold assays from hole BVD001, which had intersected 3.2m @ 2.4% Ni from 203.8m, returned 5.2m @ 7.2 g/t Au from 40m below the nickel sulphide intercept through to the end of hole. A diamond rig has returned to site and is extending hole BVD001, which ended in gold mineralisation grading 6.5g/t Au, to determine the full width of the high-grade gold zone. Assays have now been received for additional sampling of drillholes BVD001 to BVD004. A new zone of quartz-veining and gold mineralisation was intersected in BVD004 which returned 1.26m @ 3.62g/t Au from 343m. This intercept is located 80m north and more than 90m below the gold zone in BVD001. Following the extension of BVD001, four existing RC holes and two diamond holes will be extended with diamond tails and up to four new diamond holes will be drilled from surface. These holes will be primarily testing for extensions of the quartz-sulphide stockwork-style gold mineralisation intersected in BVD001. Additional RC drilling will target the projected up-dip extent of this high-grade gold zone. Announcement • Apr 03
Metal Hawk Limited Announces First Batch of Assay Results from Aircore (AC) Drilling Completed At the Berehaven Project Metal Hawk Limited announced the first batch of assay results from aircore (AC) drilling completed at the Berehaven Project, 20km south-east of Kalgoorlie in the West Australian goldfields in December 2021. The Commodore nickel sulphide discovery in September 2021 confirmed the potential for a significant mineralised komatiite system at Berehaven, with the Company's maiden reverse circulation (RC) drilling program intersecting 5.9% Ni. The aim of Metal Hawk's extensive AC program is to define the fertile ultramafic stratigraphy trending north-northwest through the western half of the underexplored project area. This shallow reconnaissance drilling is testing for elevated nickel values in the weathered horizon that may indicate the presence of primary nickel sulphides in the fresh rock. Assay results just received have defined several zones of strongly anomalous nickel, some of which are coincident with modelled conductors from Moving Loop Electromagnetic (MLEM) surveying along strike from Commodore. Although assays are pending for approximately half of the AC drilling completed to date, deeper RC drilling has begun bedrock-testing priority nickel sulphide targets. The Company has plans for up to 3,000m of RC drilling at Berehaven as part of this campaign. The interpreted extension of the fertile Commodore ultramafic unit is shown to strike north- northwest through the Berehaven project tenements with anomalous intercepts from AC drilling, including 10m at 0.48% Ni from 50m (BVA016), 10m at 0.35% Ni from 45m (BVA023) and 11m at 0.24% Ni from 25m (BVA086). Strong geochemical results have been received from limited drilling above the extensive zone of modelled EM conductor plates (BVM_02, BVM_03, BVM_04 and BVM_05), which extends for 2km from approximately 1.5km northwest of the Commodore nickel sulphide discovery. BVA065 returned 10m at 0.21% Ni and 969ppm Cu from 25m within a highly weathered gossanous interval which included an end of hole composite assay of 5m at 0.24% Ni and 1429ppm Cu from 30m. This result suggests a possible magmatic nickel sulphide source. Assays are pending for a further six traverses of drilling above this conductive zone. Northern EM conductor BVM_01 is situated further east across the Berehaven stratigraphy and approximately 4km directly north of Commodore. AC drilling above this zone has identified a thick package of high-MgO carbonate altered ultramafic rocks, where an outcropping gossanous zone is present from surface. Although results are pending for AC drilling across the centre of conductor BVM_01, significant results have been returned immediately south of this zone with BVA038 intersecting 41m at 0.26% Ni and 153ppm Cu from surface and BVA042 returning 20m at 0.16% Ni and 224ppm Cu from 25m. A new EM conductor BVM_07 has been identified approximately 1km east-northeast from BVM_01 and is shown in Figure 2. A steeply west-dipping plate has been modelled with a 700m strike length, a depth to top of 30m and a conductance of 1,100 siemens. The Company will be drill-testing this zone following Programme of Work (PoW) approvals. Receipt of assays from drillholes BVA087 to BVA166 is expected in 3-4 weeks. Announcement • Feb 16
Metal Hawk Limited Advises High Grade Gold Has Been Identified in Diamond Drill Core from the Commodore Prospect at the Berehaven Project, 20Km South-East of Kalgoorlie in the West Australian Goldfields Metal Hawk Limited advised that high grade gold has been identified in diamond drill core from the Commodore prospect at the Berehaven Project, 20km south-east of Kalgoorlie in the West Australian goldfields. Four diamond drillholes were completed (for 1,210m) at Commodore in November 2021 following up Metal Hawk's high grade massive nickel sulphide discovery. Sampling of the last five metres of diamond drillhole BVD001 has revealed a zone of high-grade gold mineralisation that has assayed 5.2m @ 7.2 g/t Au from 244.4m to 249.6m (end of hole). This gold zone is situated approximately 40m below the Commodore nickel sulphide zone intersected in BVD001 of 3.2m @ 2.4% Ni from 203.8m. The gold mineralisation is associated with a zone of quartz-sulphide veining within a larger package of footwall felsic volcanic rocks, whereas the nickel sulphide zone is located higher up the sequence near the basal contact of high MgO ultramafic rocks. Importantly, Metal Hawk owns 100% of all mineral rights on the tenements over the Commodore prospect. The Company also holds an option to purchase the nickel rights over the northwestern and central part of the Berehaven Project. Initially only the nickel-bearing ultramafic unit intersected in BVD001 was sampled and assayed as a priority, returning 3.4m @ 2.3% Ni from 203.8m. The bottom part of the hole was not considered prospective for nickel sulphide mineralisation, but was assayed to check for possible gold mineralisation associated with the presence of significant quartz-sulphide veining. BVD001 gold assays returned 5.2m @ 7.2g/t Au from 244.4m to 249.6m which included an interval of 0.5m @ 22.2g/t Au from 247.91m. The interval in BVD001 between 209.1m to 244.4m, together with zones of quartz-sulphide veining intersected in drillholes BVD002, BVD003 and BVD004 are currently being cut and sampled with results expected in April. Follow-up drilling will then be undertaken to assess the extent and continuity of the gold mineralisation, which will include the extension of BVD001 (and other relevant holes) to determine the total thickness of the initial gold intercept. Metal Hawk is continuing nickel sulphide exploration at Berehaven with a 10,000m aircore drilling program nearing completion and an extensive moving loop ground electromagnetic (MLEM) survey in progress across the broader Berehaven Project. Announcement • Jan 24
Metal Hawk Limited Announces Exploration Resumes At Berehaven Nickel Project Metal Hawk Limited announced that exploration has resumed at the Berehaven Nickel Project, 20km south-east of Kalgoorlie in the West Australian goldfields. RC drilling has commenced at Commodore South, located 500m southwest of the Commodore Prospect where Metal Hawk discovered high grade massive nickel sulphide in 2021. Aircore (AC) drilling completed at Commodore South in late 2021 intersected highly weathered ultramafic rocks similar to those identified at Commodore. Although assay results from the 2021 AC drilling are pending, the lithologies encountered at Commodore South appear to be a continuation of the mineralised and structurally offset Commodore ultramafic unit. This zone will be tested at depth initially with two to three RC holes. Aircore drilling has resumed, with a further 6,000m planned, as the Company continues to test a number of target stratigraphic horizons trending north-northwest through the western half of the underexplored Berehaven Project. Between October and December 2021, 86 AC holes were drilled for 5,808m, with assays pending. Ground electromagnetic surveys are scheduled to commence in late-January with several priority target areas identified for moving loop (MLTEM) and fixed loop (FLTEM) electromagnetic surveys. Geological logging from AC drilling will be used to help focus and prioritise these surveys. Announcement • Nov 29
Metal Hawk Limited Announces Berehaven Exploration Update Metal Hawk Limited provided an exploration update for the Berehaven Nickel Project, 20km south-east of Kalgoorlie in the West Australian goldfields. Four diamond holes were completed at the Commodore Prospect for 1,210m drilled. BVD001 intersected 3.4m @ 2.32% Ni from 203.8m, approximately 50m down-dip from the discovery RC hole BVNC002 (1m @ 5.89% Ni from 144m). Assay results are pending for BVD002 which was drilled a further 70m down-dip from BVD001 and intersected a zone of matrix-to-heavily disseminated mineralisation from 247.5m to 248.5m. Although drilling on section 6,584,480mN has confirmed the down-dip continuity of nickel sulphide mineralisation, which remains open at depth, follow-up drilling to the north (BVD004) and south (BVD003) of this section did not intersect any significant mineralisation, with the latter hole indicating that the fertile ultramafic unit may be offset by faulting. DHEM surveys have now been completed from the four diamond holes at Commodore. No conductors were identified, indicating that the nature of the nickel sulphide mineralization intersected to date is not electromagnetically conductive. These results also suggest that it is less likely additional massive sulphide will be present in the immediate vicinity of the surveyed holes. The Company is undertaking a detailed structural review utilising the recently acquired drill data and is reinterpreting aeromagnetic data prior to planning the next phase of exploration at Commodore. Berehaven Geology Model: Previous explorers have not recognised the potential for high-MgO fertile ultramafic rocks beneath the cover of magnetic gravel and clay which conceal the Commodore nickel sulphide mineralisation. Geological interpretations have referred to a dome setting, with comparisons to the world-class Kambalda and Widgiemooltha nickel domes. Very little nickel exploration has been carried out on the Berehaven tenements and the vast majority of all historical nickel exploration in the Blair region has been south of the previously interpreted basal contact (or dome margin). The discovery of high-grade nickel sulphide at Commodore has validated Metal Hawk's exploration model at Berehaven and has shown that the "nickel dome" model is probably incorrect. The Company has recently reprocessed regional aeromagnetics over the project area and has identified multiple target horizons, which remain very poorly tested for nickel sulphide mineralisation. Downhole Electromagnetics: The transitional nature of sulphide mineralisation (ie. violarite-pyrite) and low electromagnetic conductivity due to extreme weathering processes at Commodore has limited the effectiveness of DHEM surveying in the holes drilled to date. Announcement • Nov 24
Metal Hawk Limited Reports Results from RC Drilling At Kanowna East Project Metal Hawk Limited reported assay results from reverse circulation (RC) drilling program at the Kanowna East project, located eight kilometres northeast of Northern Star's Kanowna Belle gold mine (+5 Moz Au) in the West Australian goldfields. The program, consisting of 12 RC holes for a total of 1,325m, was designed to bedrock-test a number of broad gold anomalies from Metal Hawk's recent aircore (AC) drilling at the Little Lake and Western Tiger prospects. At Little Lake, six RC holes were drilled for a total of 602m, with significant new gold intercepts returned, including: KERC012 4m @ 17.8g/t Au from 75m including 1m @ 42.7g/t Au from 76m; KERC010 1m @ 2.90g/t Au from 66m and 5m @ 0.52g/t Au from 100m. Additionally, five RC holes were completed at the Western Tiger prospect, following-up high- grade gold intersected in AC drilling in April 2021 (which included 8m @ 4.5g/t Au from 75m in KEAC373). Significant RC results returned at Western Tiger included: KERC003 2m @ 1.45g/t Au from 73m and 5m @ 1.59g/t Au from 80m; KERC004 1m @ 1.42g/t Au from 75m; KERC005 5m @ 1.95g/t Au from 70m; KERC006 5m @ 1.09g/t Au from 69m Including 2m @ 1.54g/t Au from 69m. Announcement • Aug 31
Metal Hawk Limited (ASX:MHK) acquired Snake Hill tenement P25/2634 for AUD 0.05 million. Metal Hawk Limited (ASX:MHK) acquired Snake Hill tenement P25/2634 for AUD 0.05 million on August 30, 2021.
Metal Hawk Limited (ASX:MHK) completed the acquisition of Snake Hill tenement P25/2634 for AUD 0.05 million on August 30, 2021. Announcement • Jun 16
Metal Hawk Limited Provides an Update on Its Nickel Sulphide Exploration Activities at the Blair North and Clinker Hill Projects Located Approximately 30 Kilometres East of Kalgoorlie Metal Hawk Limited provided an update on its nickel sulphide exploration activities at the Blair North and Clinker Hill projects located approximately 30 kilometres east of Kalgoorlie. Initial aircore (AC) drilling has been completed with a total of 34 holes drilled for 1,319m. The program was designed to test a number of geochemical and geophysical features associated with prospective ultramafic rocks. BLAIR NORTH: AC drilling was designed to test a historical Rotary Air Blast (RAB) Ni-Cu anomaly located approximately 4.5km north of the Blair Nickel mine (which produced 1.26Mt @ 2.62% Ni for 32,900 tonnes of contained nickel). Gold exploration drilling by Acacia Resources Limited in 1999 intersected 56m @ 0.22% Ni and 250ppm Cu from 36m, including 4m @ 0.37% Ni and 354ppm Cu from 88m to 92m (EOH) in BUR221. Metal Hawk's AC drilling has confirmed that this highly anomalous Ni-Cu zone in deeply weathered rocks also contains highly elevated PGEs (platinum and palladium) which suggests a likely association with magmatic nickel sulphide mineralisation. Drillhole BNMA001 intersected 54m @ 0.32% Ni, 279ppm Cu, 8ppb Pt and 19ppb Pd from 35m, which included 5m @ 0.57% Ni, 450ppm Cu, 29ppb Pt and 32ppb Pd from 84m to EOH. AC holes BNMA002 to BNMA005 did not intersect the target depth and deeper drilling is required. CLINKER HILL: Located approximately 10km east from Blair North, five (5) traverses of AC drilling were carried out at Clinker Hill, designed to test a number of geochemical and geophysical targets. The majority of drillholes intersected prospective mafic and high-MgO ultramafic rocks, with significant results including: 15m @ 0.26% Ni, 33ppm Cu, 16ppb Pt and 22ppb Pd from 0m in CHMA001; 5m @ 0.21% Ni, 204ppm Cu, 38ppb Pt and 38ppb Pd from 20m in CHMA009; 25m @ 0.44% Ni, 52ppm Cu, 48ppb Pt and 33ppb Pd from 15m in CHMA011 including 10m @ 0.66% Ni, 53ppm Cu, 32ppb Pt and 51ppb Pd from 15m; 25m @ 0.45% Ni, 65ppm Cu, 50ppb Pt and 54ppb Pd from 15m in CHMA012 including 10m @ 0.73% Ni, 48ppm Cu, 49ppb Pt and 60ppb Pd from 25m; 5m @ 0.21% Ni, 101ppm Cu, 131ppb Pt and 75ppb Pd from 20m in CHMA024. Announcement • Jun 03
Metal Hawk Limited Reports Gold Assay Results from Aircore Drilling at its Kanowna East Project Metal Hawk Limited reported gold assay results from aircore (AC) drilling at its Kanowna East project, located 8 kilometres northeast of Northern Star's Kanowna Belle gold mine (+5 Moz Au). The latest program, consisting of 107 holes for 7,482 metres, was designed to test a number of structural and geophysical targets situated along the greenstone belt north of the Little Lake prospect. Significant new gold intercepts from the AC program north of Little Lake include; 6m @ 1.14g/t Au from 60m in KEAC275; 2m @ 0.83g/t Au from 63m in KEAC287; 5m @ 0.51g/t Au from 65m in KEAC277. Additionally, one infill AC traverse (6 holes) was completed at the Western Tiger prospect, intersecting significant gold mineralisation in consecutive holes, including; 8m @ 4.53g/t Au from 75m in KEAC373; Including 5m @ 6.82g/t Au from 75m; 6m @ 0.58g/t Au from 66m in KEAC374; 5m @ 0.52g/t Au from 60m in KEAC372. The new results at the north end of Little Lake are in addition to previously announced intercepts from Metal Hawk's AC drilling carried out from November 2020 to March 2021 and extend the strike extent of gold anomalism to over 1 kilometre. Infill drilling is now underway with a specialised track-mounted lake AC rig as Metal Hawk continues to define the broad zone of gold mineralisation at the Little Lake prospect. Following this phase of drilling the Company will finalise plans for its maiden RC (Reverse Circulation) program which will bedrock-test the strongest zones of regolith gold anomalism. AC drilling at the Western Tiger prospect intersected a high-grade gold zone within coarse channel sands at the base of a paleochannel extending west from Little Lake. KEAC373 intersected 8m @ 4.5g/t Au from 75m which included 5m @ 6.82g/t Au. This result represents the highest grade gold intersection at Western Tiger and the Company will prioritise following- up these results. Announcement • Mar 15
Metal Hawk Limited Announces Aircore Drilling Re-Commences At Its Flagship Kanowna East Project, Located 8 Kilometers from Northern Star's Kanowna Belle Gold Mine Metal Hawk Limited advise that aircore drilling has re-commenced at its flagship Kanowna East project, located 8 kilometres from Northern Star's Kanowna Belle gold mine (+5 Moz Au). Metal Hawk is using a specialized track-mounted lake AC rig to test for new zones of gold mineralization beneath the lake clays where no previous drilling has been carried out. The program will also follow-up strong gold anomalies recently returned at the Little Lake prospect. Significant gold assays returned from recent drilling by the Company have outlined a broad zone of mineralization at Little Lake, with intercepts including: 4m @ 7.11g/t Au from 55m in KEAC180; 6m @ 3.37g/t Au from 24m, and; 3m @ 0.82g/t Au from 54m in KEAC186; 5m @ 2.24g/t Au from 65m in KEAC006 (to end of hole); 4m @ 0.89g/t Au from 63m in KEAC187. The lake AC program will complete Metal Hawk's Stage 1 drilling campaign at Kanowna East. Stage-2 drilling is scheduled to commence shortly thereafter and will initially comprise 8,000m of additional AC drilling focused on the priority target zone north of Little Lake. After the receipt and interpretation of final assay results from these programs, the Company intends to commence deeper Reverse Circulation drilling to test the bedrock for primary gold mineralization beneath the anomalous zones that have been defined by the AC drilling. Announcement • Mar 04
Metal Hawk Limited Provides an Update on Exploration At Its Kanowna East Project Metal Hawk Limited provided an update on exploration at its Kanowna East Project, situated 25 kilometres north-east of Kalgoorlie and 8 kilometres from Northern Star's Kanowna Belle gold mine (+5Moz Au). Assay results, including multiple highly anomalous gold intercepts, have been received for aircore drilling completed in January 2021 at Kanowna East. Since listing in November 2020, the Company has drilled a total of 240 aircore holes for 15,520m, resulting in the identification of numerous target areas where follow-up drilling is warranted. In particular, aircore drilling at the Little Lake prospect has outlined a broad zone of gold mineralisation which now extends for over 500m, is open to the north and east and remains untested at depth. Gold mineralisation has been intersected over a broad area north of the historical gold intersection drilled in 2005 (18m @ 1.2g/t Au from 60m to EOH). This zone of highly anomalous gold is open to the north and east and remains untested at depth. Further aircore drilling will aim to define the northern extent of this anomaly prior to RC drill testing. The final phase of Stage-1 drilling will commence in March and will consist of approximately 4,000m of aircore to be carried out with a specialised track-mounted lake aircore rig which is able to access drill sites in and around the fringes of Little Lake and the playa to the south and west. The drilling is designed to penetrate the 30-50m thick lake clays which make interpretation and targeting using conventional geophysics and geochemistry very difficult. Stage-2 drilling will commence early in second quarter of 2021 and will consist of approximately 6,000m to 8,000m of aircore drilling. The majority of this program will be testing for structure-hosted gold mineralisation and will define the extent of gold anomalism over new target areas including the priority target zone and recently PoW approved area north of Little Lake. Deeper RC drilling is concurrently being designed by the Company to test the basement source of gold anomalism. Announcement • Feb 04
Metal Hawk Limited Provides Update on Exploration Drilling Activities at the Kanowna East Project Metal Hawk Limited provided an update on exploration drilling activities at the Kanowna East Project, situated 25 kilometres north-east of Kalgoorlie and 8 kilometres from Northern Star's Kanowna Belle gold mine (+5 Moz Au). Assay results have been received for approximately half of the recently completed aircore (AC) drilling at Kanowna East. A total of 240 AC holes for 15,520m have been drilled, with results pending for 121 holes. Best results from composite samples received to date include: 4m at 7.11g/t Au from 55m in KEAC180; 5m at 2.24g/t Au from 65m in KEAC006 (to end of hole); 6m at 1.54g/t Au from 54m in KEAC051; 6m at 1.19g/t Au from 57m in KEAC053; 5m at 0.89g/t Au from 56m in KEAC183; 5m at 0.75g/t Au from 65m in KEAC008; 6m at 0.70g/t Au from 64m in KEAC005; 6m at 0.57g/t Au from 60m in KEAC035. Aircore drilling has confirmed historical mineralisation at Little Lake, where a single aircore traverse in 2005 intersected 18m at 1.2 g/t Au (from 60m to end-of-hole). Metal Hawk's drilling has intersected highly anomalous gold in multiple aircore holes over a broad area up to 400m north of this historical intersection. Highlights include: 4m at 7.1g/t Au from 55m in KEAC180; 5m at 2.24g/t Au from 65m (to end of hole) in KEAC006; 5m at 0.89g/t Au from 56m in KEAC183. Drilling at the Western Tiger prospect has identified a number of gold anomalies situated near the western side of tenement E27/596 and within close proximity to a number of historical gold intersections from RAB drilling. Best results include: 6m at 1.54g/t Au from 54m in KEAC051; 6m at 1.19g/t Au from 57m in KEAC053; 6m at 0.57g/t Au from 60m in KEAC035. The Company will design follow-up work as Stage-1 drilling is completed and assay results are received. Stage-2 drilling is expected to commence in Q2-2021 and will include infill and extensional aircore as well as deeper RC drilling in order to further test the bedrock. Multi-element analysis will be carried out on end-of-hole samples which The Company will use to help interpret the bedrock geology and mineralisation. Additionally, PoW (Programme of Work) approval has been granted for further exploration drilling to the north of Little Lake. A broad zone of structural complexity presents as a priority untested gold target and additional drilling will be conducted as part of Metal Hawk's Stage-2 exploration program. While the Company is focused on exploring for gold at Kanowna East, the project is also highly prospective for nickel sulphides. Metal Hawk has a Farm-in and Joint Venture Agreement with Western Areas Limited which includes the Kanowna East Project. WSA can earn a joint venture interest in all commodities other than gold and are managing nickel exploration on the project. Announcement • Jan 25
Metal Hawk Limited Provides an Update on Exploration Activities At the Emu Lake Project Metal Hawk Limited provided an update on exploration activities at the Emu Lake Project, situated along the Gindalbie greenstone belt, 75 kilometres north-east of Kalgoorlie. Assay results have been received for aircore drilling completed in November 2020. The program consisted of 59 holes for 3,801m. Six wide-spaced aircore traverses (400m x 100m) were completed across previously untested surface soil and auger geochemical gold anomalies. Near the centre of the southern target area strongly anomalous gold was intersected within weathered felsic rocks and associated quartz veining, including 7m @ 0.26g/t Au from 68m (to end of hole) in EMKA014. The next stage of exploration at the prospect will require deeper and closer-spaced drilling as Metal Hawk aims to identify the source of this large surface gold anomaly. Gold assay results have been received for samples submitted in November 2020 from 378 auger holes drilled in third quarter 2020. The auger survey was carried out on mostly 400m x 100m centres and identified a number of highly anomalous zones of surface gold mineralisation. Will Belbin commented; "These new auger results are particularly exciting given their wide spacing and proximity to major structures along the greenstone belt. The company will tighten this geochemical grid with closer-spaced auger sampling and then prioritise follow-up deeper drilling." Another round of auger drilling has already commenced at Emu Lake with the Company expecting results in March 2021. While the Company is focused on exploring for gold at Emu Lake, the project is also highly prospective for nickel sulphides. Metal Hawk has a Farm-in and Joint Venture Agreement with Western Areas Limited which includes the Emu Lake Project. WSA can earn a joint venture interest in all commodities other than gold and are managing nickel exploration on the project. WSA are preparing to commence nickel exploration at Emu Lake in second quarter of 2021. Announcement • Jan 12
Metal Hawk Limited Announces Gold Exploration Drilling Recommences At Kanowna East Metal Hawk Limited announced aircore drilling has recommenced at the Kanowna East Project. This stage-1 program of wide-spaced aircore drilling has been designed to test the bedrock geochemistry beneath the cover sequence of lake clays and sands. This will give Metal Hawk's geologists a better understanding of where the gold system could be at depth in order to develop targets for stage-2 exploration. Announcement • Dec 25
Metal Hawk Limited, Annual General Meeting, Jan 29, 2021 Metal Hawk Limited, Annual General Meeting, Jan 29, 2021, at 11:00 W. Australia Standard Time. Location: Level 2, 18 Kings Park Road West Perth Western Australia Australia Agenda: To consider remuneration report; and to consider re-election of Director Mr Brett Lambert. Announcement • Dec 19
Metal Hawk Limited Provides Exploration Update Metal Hawk Limited provided an update on the Company's exploration activities. Stage-1 aircore drilling has been completed at the Emu Lake Project with 59 holes drilled for 3,801 metres. Gold assays are expected early in the new year. At the Kanowna East Project 148 holes have been drilled to date for 9,417 metres. This includes 49 holes drilled for 2,311 metres by Western Areas Limited as part of WSA's nickel exploration program. The aircore rig is taking a short break over the Christmas period and drilling will recommence at Kanowna East in January 2021. Additionally, a track-mounted lake rig is scheduled to begin drilling at Kanowna East in first quarter of 2021. Announcement • Nov 27
Metal Hawk Limited Announces the Appointment of Brett Lambert as Director Metal Hawk Limited announced the appointment of Brett Lambert as Director, with effect from July 3, 2019. Announcement • Nov 19
Metal Hawk Limited Announces Gold Drilling Commences at Emu Lake Metal Hawk Limited announced that aircore drilling is underway at the company's Emu Lake Project. The program consists of several aircore traverses designed to test surface geochemical gold anomalies for bedrock hosted mineralisation. The Emu Lake Project is located only 75 kilometres from Kalgoorlie and situated along the Gindalbie greenstone belt. There are a number of surface gold anomalies on this trend which Metal Hawk will be drill-testing over the next few weeks. While the Company is focused on exploring for gold at Emu Lake, the project is also highly prospective for nickel sulphides. Metal Hawk has a Farm-in and Joint Venture Agreement with Western Areas Limited which includes the Emu Lake Project. WSA can earn a joint venture interest in all commodities other than gold and are managing nickel exploration on the project.