Red Hawk Mining concludes Blacksmith’s exploration

Red Hawk Mining (ASX:RHK) has completed a 20-hole diamond core drilling program for 844.3m at its wholly owned Blacksmith Iron Ore Project in Western Australia. 

The $115.85 million market capitalisation company has delivered samples to Bureau Veritas for metallurgical testwork, including sinter tests, as well as being packaged up in rock material types to be marketed to potential customers. 

Results from the sinter testwork are anticipated to be completed by Q3 2024. 

Drilling was designed to provide PQ core material for metallurgical testing, inclusive of sinter testing and customer samples, alongside obtaining downhole density measurements to support increasing the confidence in the mineral resource. 

Managing Director Steven Michael says: “This is the first drill program undertaken by the new Red Hawk technical team. It has improved our understanding of the nature of the geology, especially the DSO mineralisation, and the geotechnical conditions at the project.”

Red Hawk Mining is an iron ore explorer focused on developing its wholly owned Blacksmith project that lies 70km northwest of Tom Price and is surrounded by some ‘major’ iron ore projects in Western Australia. 

As of 31 December 2023, the company had $4.108 million cash and cash equivalents at hand, according to its latest quarterly report. 

Write to Aaliyah Rogan at Mining.com.au   

Images: Red Hawk Mining
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Written By Aaliyah Rogan
Relocated from the East Coast in New Zealand to Queensland Australia, Aaliyah is a fervent journalist who has a passion for storytelling. When Aaliyah isn’t writing stories, she is either spending time with friends and family or down at the beach.

Fold Zone drilling exceeds Hawsons’ expectations

Follow-up drilling has exceeded Hawsons Iron’s (ASX:HIO) expectations for the Fold Zone area within its namesake project in New South Wales. 

The $30.32 million market capitalisation company says the results confirm the potential to improve Hawson’s economics, early cash flow, and support discussions with strategic investors on funding a Bankable Feasibility Study (BFS).

Managing Director Bryan Granzien says drilling confirmed the presence of mineable widths of ‘higher grade’ mineralisation above the base of oxidation, which supports a change in mining strategy to shorten Hawson’s ramp-up period to full production. 

“The drilling program had achieved the objective of defining shallow higher grade mineralisation, within the southern part of the latest pit shell design which would improve the project’s economics.”

Privately held H&S Consultants correlated results from existing geological modelling with further ground magnetic survey data to generate an enhanced 3D model of the Fold Zone’s mineralisation. 

Granzien says: “We’ve been able to use the newly reinterpreted ground magnetic data to improve our geological interpretation for the Fold area and accurately identify zones of higher grade, near-surface magnetic material for further resource estimation drilling.”

A total of 21 reverse circulation holes for 2,978m were completed at the Fold area. 

Hawsons Iron is an iron ore explorer focused on its flagship namesake project near Broken Hill in New South Wales. 

As of 31 December 2023, the company had $3.192 million cash and cash equivalents at hand, according to its latest quarterly report.

Write to Aaliyah Rogan at Mining.com.au   

Images: Hawsons Iron
Author Image
Written By Aaliyah Rogan
Relocated from the East Coast in New Zealand to Queensland Australia, Aaliyah is a fervent journalist who has a passion for storytelling. When Aaliyah isn’t writing stories, she is either spending time with friends and family or down at the beach.