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Hawthorn Resources Ltd.

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Summary

Project:

Anglo Saxon

Deposit:Trouser Leg Mine
Location:Australia
Commodities:Gold
Date:7/10/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:10-7-2020: Hawthorn Resources Ltd. announces an Exploration/Drilling Update report for its Trouser Leg Mine deposit at the Anglo Saxon project. Drilling results incl. 0.55m @ 46.9g/t Au from 131.45m. Hawthorn Resources Limited (ASX: HAW) as Manager of the
Resources:(not mentioned in this report)
CP/QP:[Overall Report] Darryl Mapleson (BM Geological Services)
ABSTRACT:Hawthorn Resources Limited (ASX: HAW) as Manager of the Trouser Legs Joint Venture (TLJV) is pleased to advise that assays have been received from the Stage 3 step out drilling, 200m south of the existing Trouser Legs Resource1. The results confirm the extension of the mineral system and the presence of high-grade vein intercepts at shallow depths with best results including TLDD-017: 0.4m at 25.4g/t Au from 118.7 metres, 0.55m at 46.9g/t Au from 131.45 metres and 0.35m at 51.3g/t Au from 146.3 metres. Encouragingly, the best intercepts were all encountered along strike and at depths consistent with the highest-grade lodes within the existing Mineral Resource Estimate. If continuity can be demonstrated, then it is likely that additional low-cost ounces can be added to the mine inventory when mining studies are completed following infill drilling and updates to the Mineral Resource Estimate.

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