Metal Hawk Claims High-Grade Rare Earths Discovery at Fraser South

THE DRILL SERGEANT: Metal Hawk (ASX: MHK) reported encouraging assay results from the first aircore (AC) drilling program undertaken at the company’s Fraser South project, located 150km north-east of Esperance, Western Australia.

Metal Hawk carried out drilling to test across an extensive 15 kilometres zone of variably weathered and metamorphosed granites, along a southern structural extension it had interpreted on the western margin of the Albany-Fraser Belt.

The company said the results from this initial program revealed a high degree of REE mineral enrichment in the clay and saprolite zones formed from weathering of the REE-bearing granites in the region.

The drilling encountered wide zones of rare earth element (REE) saprolite enrichment at Fraser South, including:

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26 metres at 1526ppm total rare earth oxide (TREO) from 16m to end of hole (EOH), including 8m at 3101ppm TREO from 32m;

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13m at 1202ppm TREO from 36m, including 5m at 2298ppm TREO from 44m;

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8m at 1087ppm TREO from 36m and 10m at 1781ppm TREO from 52m;

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19m at 816ppm TREO from 8m, including 3m at 2840ppm TREO from 24m to EOH.

“We are very pleased to see high-grades and excellent thicknesses of REE mineralisation from our maiden drilling program at Fraser South,” Metal Hawk managing director Will Belbin said in the company’s ASX announcement.

“The initial 35-hole aircore campaign has demonstrated the REE potential of this project.

“With our very large tenement holding positioned directly over these fertile granites, there is ample opportunity to expand and discover new additional broad zones of mineralisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE