Hawthorn Resources Limited (AU:HAW) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Hawthorn Resources Limited, in partnership with Legacy Iron Ore Limited and Hancock Prospecting Pty Ltd, has announced a 10% increase in total mineral resources at the Mt Bevan Iron Ore Joint Venture project. The updated resource estimate now stands at 1,290 million tonnes following a successful drilling campaign. The joint venture has also reported that they see reasonable prospects for the economic extraction of the Mt Bevan Magnetite Mineral Resource.
For further insights into AU:HAW stock, check out TipRanks’ Stock Analysis page.