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Hawk Resources finds broader copper at Cactus as Olympus adds critical-minerals exposure

7:24pm on Tuesday 29th of September, 2026 AEST • Mining
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Hawk Resources finds broader copper at Cactus as Olympus adds critical-minerals exposure

7:24pm on Tuesday 29th of September, 2026 AEST
Key Points
  • A$3.79 million FY2026 net loss, including A$2.26 million exploration impairment
  • Cactus drilling returned broad near-surface copper intersections with assays pending from 11 follow-up holes
  • Cash rose to A$4.52 million after A$8.68 million of net equity funding
  • Olympus scandium option exercised post year-end for an 80% interest
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