Hawthorn Resources Limited (Hawthorn) is an Australian diversified base metal and gold explorer with significant strategic tenement holdings throughout Western Australia.
Hawthorn Resources Limited (ASX:HAW) is an Australian Stock Exchange-listed diversified gold and base metal explorer with significant strategic tenement holdings throughout Western Australia.
Through our strong portfolio of managed and joint venture projects the Company is on track to transition from an explorer to a gold producer.
The Company is currently active on five major gold exploration projects – Anglo-Saxon, Edjudina, Deep South, Whiteheads and Yundamindera.
We are also a contributing joint-venture partner on an advanced Direct Shipping Ore (DSO) Haematite and Magnetite project at Mt Bevan.
In 2012 the Board of Hawthorn Resources entered into a landmark partnership with a group of Chinese Investors through Feng Hua Mining Investment Holding (HK) Limited.
The Share Subscription Agreement saw new equity capital of approximately $15 million invested into Hawthorn at a premium to market price.
The partnership is an exciting prospect for Hawthorn and our shareholders. We believe that the partnership will provide the impetus for an aggressive exploration/development of the Company’s current gold projects.
Hawthorn Resources began trading in March 2008, following a name change from Great Gold Mines NL. In June of the same year the Company merged with ASX-listed Ellendale Resources NL.