Alderan Resources Ltd. ( (AU:HWK) ) has issued an update.
Hawk Resources Limited, an exploration company, has announced the results of an electromagnetic survey at its Cactus project in Utah, USA. The survey identified conductivity anomalies that suggest potential new zones of copper mineralization, enhancing the exploration prospects of the area. The company plans to complete soil sampling to delineate copper and gold anomalies, with the results expected to inform the design of a 2025 drilling program. This development could strengthen Hawk Resources’ position in the copper exploration industry and provide valuable insights for stakeholders regarding the project’s potential.
More about Alderan Resources Ltd.
YTD Price Performance: 4.55%
Average Trading Volume: 192,897
Technical Sentiment Signal: Buy
Current Market Cap: A$6.23M
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