Hawk Advances Olympus Scandium Project After Exploration Agreement
Hawk Resources Limited (ASX: HWK) has secured an Agreement for Mineral Exploration covering its Olympus Scandium Project in Western Australia, marking a significant milestone for the company’s critical minerals strategy. The agreement with Traditional Owners allows Hawk to move closer to on-ground exploration activities, pending final ministerial approvals and a cultural heritage survey. The Olympus project is considered highly prospective for scandium, a critical mineral used in lightweight aluminium alloys, fuel cells, aerospace applications, and advanced telecommunications technology. Historical exploration identified a large scandium soil anomaly measuring approximately 7km by 4km, with several shallow drill results returning strong scandium grades. Some previous drilling intersections included up to 11 metres grading 934ppm scandium from surface.
Hawk Resources plans to commence exploration activities during the second quarter of 2026, beginning with due diligence soil sampling and follow-up work aimed at defining future drilling targets. The company believes Olympus could emerge as a major new scandium province in Australia due to its scale, encouraging historical data, and accessible infrastructure.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
Hawk Advances Olympus Scandium Project After Exploration Agreement
Hawk Resources Limited (ASX: HWK) has secured an Agreement for Mineral Exploration covering its Olympus Scandium Project in Western Australia, marking a significant milestone for the company’s critical minerals strategy. The agreement with Traditional Owners allows Hawk to move closer to on-ground exploration activities, pending final ministerial approvals and a cultural heritage survey. The Olympus project is considered highly prospective for scandium, a critical mineral used in lightweight aluminium alloys, fuel cells, aerospace applications, and advanced telecommunications technology. Historical exploration identified a large scandium soil anomaly measuring approximately 7km by 4km, with several shallow drill results returning strong scandium grades. Some previous drilling intersections included up to 11 metres grading 934ppm scandium from surface.
Hawk Resources plans to commence exploration activities during the second quarter of 2026, beginning with due diligence soil sampling and follow-up work aimed at defining future drilling targets. The company believes Olympus could emerge as a major new scandium province in Australia due to its scale, encouraging historical data, and accessible infrastructure.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au