Hawk Resources extends Cactus copper corridor in Utah

• Hawk Resources (ASX:HWK) has intersected more near surface copper, silver and molybdenum at the Cactus Corridor in Utah
• New assays from hole DD26CT004 include 72.9m at 0.36% copper from 18m below surface, supporting a thicker mineralised zone
• Hawk Resources (ASX:HWK) plans further drilling along the Cactus Corridor from July 2026 to test extensions toward Comet and New Years

Hawk Resources (ASX:HWK) has reported new lab assays from hole DD26CT004 at its Cactus copper‑gold project in Utah, intersecting 72.9m at 0.36% copper and 2.0ppm silver from 18m below surface and confirming more near surface copper, silver and molybdenum in the Cactus Corridor.

The result extends the mineralised zone previously intersected in holes DD26CT003 and DD26CT005 to the southeast, building on DD26CT003’s earlier intercept of 80.0m at 0.48% copper from surface and demonstrating continuity of near surface copper and molybdenum mineralisation toward the historical Cactus open pit.

“Hole DD26CT004 has extended the near surface copper mineralisation intersected in DD26CT003 to the southeast and traverses a gap in drilling between historical hole R‑12 and hole DD26CT003,” said Hawk Resources Managing Director Scott Caithness.

Within the broader intercept, DD26CT004 returned 33.6m at 0.49% copper and 1.9ppm silver from 58m below surface, including 10.4m at 0.97% copper, 3.0ppm silver and 0.059% molybdenum from 78m, plus a separate 39.2m interval at 0.027% molybdenum from 42m, with Hawk interpreting a true thickness of about 44m for the copper zone.

Hawk stated that the Cactus Corridor mineralised system, which historically produced 1.3 million tonnes at 2.0% copper between 1905 and 1920, has potential to extend about 500m southeast from Cactus to the Comet deposit and 350m northwest toward New Years, where 2024 drilling intersected 26m at 1.3% copper and 30m at 0.78% copper near surface.

Following the announcement the Hawk Resources (ASX:HWK) share price was $0.028.

The company plans its next drilling phase on 50m spacings between Cactus and Comet along the Cactus Corridor, aiming to better define the volume of near surface copper mineralisation and assess the broader potential of the Cactus–Comet–New Years trend.

Hawk Resources’ recent work at Cactus forms part of an ongoing program to evaluate near surface copper‑gold opportunities in Utah, building on previous holes at Cactus and New Years as it tests for extensions within the one‑kilometre corridor between Comet, the historical Cactus mine and the New Years prospect.