Metal Hawk (ASX:MHK) begins diamond drilling at Kanowna East – The Market Herald

• Metal Hawk (MHK) begins diamond drilling at the Kanowna East Project in the West Australian goldfields
• The program will consist of multiple diamond holes to further explore the southern extension of the ultramafic corridor that hosts the Silver Swan nickel sulphide deposit
• Downhole electromagnetic surveys will also be undertaken to detect any collections of massive nickel sulphide mineralisation
• Metal Hawk is steady on the market with shares trading at 16 cents at 12:52 pm AEST

Metal Hawk (MHK) has begun diamond drilling at the Kanowna East Project in the West Australian goldfields.

The program is managed by joint venture partner IGO (IGO) and will consist of multiple diamond holes to further explore the southern extension of the ultramafic corridor that hosts the high-grade Silver Swan nickel sulphide deposit.

A maiden reverse circulation (RC) drilling program was completed earlier in the year with shallow nickel mineralisation encountered along the strike-extensive ultramafic target.

Further, between Q1 and Q2 2022, two diamond holes were drilled with the first hole, KEDD001, identifying a broad 220-metre zone of nickel-bearing ultramafic rocks.

IGO will test the ultramafic basal contact of KEDD001 with further drilling to target along strike and above the zone of mineralisation.

Downhole electromagnetic surveys will also be undertaken to detect any collections of massive nickel sulphide mineralisation.

“It’s great to see exploration drilling continue at Kanowna East under the management of our new JV partner, IGO,” Managing Director Will Belbin said.

“The presence of widespread visible nickel sulphides in the first diamond hole drilled at Kanowna earlier this year was highly encouraging, and we look forward to seeing the results of this next phase of drilling.”

IGO currently holds a 51 per cent interest in Metal Hawk’s Kanowna East, Emu Lake and Fraser South projects and can earn a further 24 per cent by spending $4 million.

Metal Hawk was steady on the market with shares trading at 16 cents at 12:52 pm AEST.