Metal Hawk (ASX:MHK) is set to restart drilling activities in February 2024 at the Yarmany Project in Western Australia, as regional exploration activities continue to generate new lithium and nickel sulphide targets.
The upcoming drill program will test the new F-camp prospect target area, as well as other priority regional lithium prospects within Yarmany.
Metal Hawk Managing Director Will Belbin says the company will be conducting an additional drill traverse south of the main F-camp pegmatite with this next round of drilling.
“We also look forward to testing a number of new priority lithium and nickel sulphide target areas along the highly prospective Ida Fault in our upcoming drilling campaign.”
Metal Hawk, which has a market capitalisation of $11.92 million, completed its maiden aircore (AC) and reverse circulation (RC) drilling program at the F-camp prospect, which confirmed ‘large-scale’ lithium potential, with thick, stacked pegmatites intersected.
The company reports multi-element assay results demonstrate that the most fractionated pegmatites occur on the southern F-camp traverse and further drilling is warranted.
At F-camp, drilling comprised 148 AC holes for 5,865m and 6 RC holes for 1,262m.
Metal Hawk is also awaiting assay results from an extensive auger geochemical sampling program that was completed in December.
These results will help Metal Hawk prioritise new lithium targets with the upcoming drilling program.
Metal Hawk notes it remains well funded for these exploration activities with over $3.5 million cash at hand.
Write to Aaliyah Rogan at Mining.com.au
Images: Metal Hawk
