Hawsons Iron completed its first half 2024 drilling program with gains. The updated geological model now estimates total mineral resources at 4,415 Mt, up 491 Mt (12.5%).
Highlights include high-grade intersections in reverse circulation hole FO23014 (25m at 15.6% DTR) and FO24008 (113m at 16.5% DTR).
Mineralisation detected from surface to 150m depth confirms the Fold Zone's potential as an early feed source.
Plans for an extensive infill drill program aim to boost measured and indicated mineral resources, enhancing operational cash flow and extending mine life projections.