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Hawthorn Resources Advances Mt Bevan with Royalty Shift and PFS Completion
5:52pm on Thursday 30th of January, 2025 AEDT
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Mining
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Hawthorn Resources Advances Mt Bevan with Royalty Shift and PFS Completion
5:52pm on Thursday 30th of January, 2025 AEDT
Key Points
Mt Bevan Magnetite Pre-Feasibility Study confirms 1,291Mt resource with high-grade DRI product
Hawthorn converts 19.6% equity interest in Mt Bevan JV to 1% FOB royalty
Lithium exploration results inconclusive, prompting JV review amid weak lithium market outlook
Anglo Saxon Gold Project benefits from record gold prices with new optimisation study underway
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