Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Starmer says UK to recognize Palestinian state if...
‘Critical’ closed-door congressional huddle focuses on growing antisemitism...
Trump’s CDC pick confirmed—but her pro-vaccine stance may...
Trump pick Emil Bove confirmed as federal judge...
From Gaza to Greenland, Macron breaks with Trump...
Schumer calls on FBI to conduct counterintelligence threat...
Biden ‘Politburo’ member Steve Ricchetti to appear before...
Trump looks to skip G20 summit in South...
Backlash against Sydney Sweeney ‘jeans/genes’ ad gets mocked...
Biden ‘Politburo’ member Steve Ricchetti appears before House...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

High Grade Rock Chip Assays Confirm New Gold Discoveries at Leinster South

by admin November 9, 2024
November 9, 2024
High Grade Rock Chip Assays Confirm New Gold Discoveries at Leinster South

Metal Hawk Limited (ASX: MHK, “Metal Hawk” or the “Company”) is pleased to provide an exploration update relating to its 100% owned Leinster South Project, located 30km south of Leinster, in the world-class Agnew-Lawlers region of the eastern goldfields in Western Australia.

  • Gold assays up to 62 g/t Au returned from first batch of rock chip samples at the Thylacine Prospect, located 1.5km ESE from Siberian Tiger.
  • Several rock chip samples at Thylacine return high-grade gold from multiple sub-parallel quartz veins over a broad area, including:
    • 24DR611: 62.3 g/t Au
    • 24DR617: 30.4 g/t Au
    • 24DR627: 27.0 g/t Au
    • 24DR633: 20.2 g/t Au
    • 24DR715: 27.3g/t Au
    • 24DR613: 12.1 g/t Au
    • 24DR627: 10.5 g/t Au
    • 24DR616: 9.6 g/t Au
    • 24DR602: 8.0 g/t Au
  • Follow-up sampling at Tysons prospect returns high-grade gold in numerous samples of quartz veining, including:
    • 24DR537: 84.0 g/t Au
    • 24DR535: 21.5 g/t Au
    • 24DR564: 10.9 g/t Au
    • 24DR536: 6.2 g/t Au
  • No historical drilling at Siberian Tiger, Thylacine or Tysons.
  • Plans for drilling advanced with heritage survey scheduled for early 2025.
  • Field mapping continues to discover new zones of outcropping gold mineralisation, including the new untested Bengal Tiger prospect.

Following the discovery of gold at Siberian Tiger only three months ago (see ASX announcement 5 August 2024), Metal Hawk’s field activities at Leinster South continue to encounter more significant outcropping high grade gold mineralisation at new prospects. As well as expanding the mineralised footprint of Siberian Tiger, the latest round of assay results successfully followed up the recent high grade rock chip result (22 g/t Au) at Tysons prospect, with several additional sites of quartz vein hosted gold mineralisation recorded (up to 84g/t Au) along the north-south trending granite-greenstone contact. Additionally, spectacular new gold assay results (up to 62 g/t Au) have confirmed the Thylacine prospect, located 1.5km to the ESE of Siberian Tiger, as another high-grade vein system at Leinster South.

Metal Hawk’s Managing Director Will Belbin commented:“In addition to the high-grade gold rock chips at Siberian Tiger, these outstanding new assay results from Thylacine and Tysons suggest that we are on the verge of multiple significant gold discoveries at Leinster South. It is incredible that there has not been any previous gold exploration, sampling or drilling at any these prospects. This is a huge opportunity for Metal Hawk and I believe there is potential for a new high-grade gold camp at Leinster South.” 

THYLACINE

The Thylacine prospect is located approximately 1.5km ESE of Siberian Tiger on the parallel northern ESE trending greenstone belt. Initial rock chip samples from Thylacine have returned several high grade gold assays in multiple sub-parallel NW trending quartz veins. A total of 12 mineralised quartz veins have been mapped and broadly sampled, with seven samples grading greater than 10 g/t Au. The average grade of the 38 available quartz vein sample assays is 7 g/t Au. Additionally, ten rock chip assay results are pending that cover the northwestern two veins at the prospect. The mineralisation at Thylacine is very similar to Siberian Tiger, with abundant iron oxides often forming sheets or banding (stripes) and local zones of brecciation. High grade results from initial sampling at Thylacine are shown on Figure 2 below (for a full list of results see Table 1).

Click here for the full ASX Release

This post appeared first on investingnews.com

previous post
Wall Street expects Trump presidency will unlock deal-making
next post
Top 5 Canadian Mining Stocks This Week: Black Iron Up 78 Percent on Offtake Deal

You may also like

C29 Metals

August 22, 2024

Osisko Metals Infill and Expansion Drilling Intersects New...

July 10, 2025

South Harz Potash Limited

July 1, 2025

Top 5 Canadian Mining Stocks This Week: Durango...

February 15, 2025

$4m Grant Awarded for Springdale & Collie advancement

January 15, 2025

Lantheus increases shareholding in RAD with A$8m placement

January 10, 2025

Resignation of Managing Director/CEO

July 21, 2025

Scoping Study Demonstrates Low Cost Potential (Replacement)

June 5, 2025

Fintech Firm Velocity Raises US$10 Million for Enterprise...

May 29, 2025

Tartana receives $275k Beefwood Copper Gold CEI Grant

April 15, 2025

Recent Posts

  • Starmer says UK to recognize Palestinian state if Israel doesn’t agree to ceasefire, Hamas must ‘disarm’
  • ‘Critical’ closed-door congressional huddle focuses on growing antisemitism in US, Mamdani’s rise
  • Trump’s CDC pick confirmed—but her pro-vaccine stance may clash with RFK Jr.’s agenda
  • Trump pick Emil Bove confirmed as federal judge after furious Democrat walkout, whistleblower complaints
  • From Gaza to Greenland, Macron breaks with Trump on global flashpoints

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (845)
    • Investing (2,651)
    • Politics (3,267)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.