Hawk Resources

Hawk Resources Limited (ASX: HWK; OTC: HAWRF) is a critical metals exploration company focused on scandium in Australia and copper-gold in the USA.  The company also has a series of early-stage lithium projects in Brazil.

Hawk’s Olympus scandium project in the West Musgrave region of Western Australia has the potential to be a new scandium province. Historical hand held XRF assays of soil samples outlined  a 4km x 7km scandium anomaly grading greater than 500ppm and RAB drill hole traverses included intersections of 11m @ 934ppm Sc, 5m @ 948ppm Sc and 8m @ 800ppn Sc. Hawk has granted tenement, an Agreement for Mineral Exploration and completed Cultural Heritage Survey with the Traditional Owners and all government approvals with exploration commencing in September 2026.

The Cactus copper-gold project in Utah, USA is the company’s most advanced with drilling completed in September to delineate near surface mineralisation along the 1km long Cactus Corridor zone.  There are multiple historical 1-2% copper intersections in the corridor where mineralisation is known to extend to 300m below surface.  Hawk drill holes completed in April into the corridor include intersections of 19m @ 1.25% Cu within 80m grading 0.48% Cu. Assays are expected in October for the just completed drilling programme.

Hawk also recently optioned the Meerkat copper project in Arizona.  Meerkat sits within the belt that contains world class porphyry copper deposits including Cananea and La Caridad in northern Mexico and the Mission Complex in Arizona.  Recent drone magnetics has highlighted a classic 1km diameter porphyry copper magnetic anomaly.   An historical copper deposit which mined grades of 7-8% Cu and up to 1% Mo forms a narrow wedge of non-Hawk mining claims within this anomaly.  Hawk plans to commence exploration in the area in Q4, 2026.