Quarterly exploration activities update

Metal Hawk Limited (ASX:MHK) has released its quarterly report for the period ending 30 September 2024. The report highlights significant exploration advances at the Leinster South and Berehaven projects in Western Australia. High-grade gold assays from the Siberian Tiger prospect and positive drilling results at Berehaven mark key achievements. The company ended the quarter with $1.7 million in cash.

Overview and strategic outlook

Metal Hawk Limited's quarterly update reveals strong exploration progress across its Western Australian projects. The highlight is the promising maiden field campaign at Leinster South, particularly at the Siberian Tiger prospect, with rock chip samples showing up to 30.9g/t gold. The Berehaven Project also returned positive assay results, enhancing its exploration potential. With plans for a maiden drilling program at Leinster South and strategic divestments of non-core assets, Metal Hawk is aiming to strengthen its financial flexibility and focus on core projects. The company plans to continue geochemical sampling and mapping, alongside processing geophysical data and conducting heritage surveys in the December quarter. Financially, Metal Hawk maintains a solid cash position with $1.7 million, providing an estimated 3.8 quarters of funding.

Executive insights on exploration progress

This announcement has been authorized by Managing Director Will Belbin, who is actively involved in the company's exploration strategy and progress. The company remains committed to advancing its projects and is well-positioned for future exploration success.