CEASED PROJECTS

Whiteheads
Ceased exploration of the project area.

Deep South and Box Well
The tenement interests have been disposed of

A STRONG PORTFOLIO

Hawthorn Resources Limited (Hawthorn) has a strong portfolio of five gold exploration projects and one iron ore prospect – in a joint venture with Legacy Iron Ore - on strategic tenement holdings throughout Western Australia.

Hawthorn has embarked on aggressive drilling and development programs on the five gold exploration projects.

Hawthorn holds in its own right, has earned or is earning equity from joint venture partners in over 100 granted exploration, mining and prospecting licences and applications.

The company believes that each of the major project areas, in close proximity to milling and transport infrastructure, hold both excellent potential for exploration development in the near future.

These major projects cover two distinct areas:

•  A near contiguous part of the Eastern Goldfields of Western Australia extending from the south shore of Lake Carey to the historic Pinjin Mining Centre – a strike extent of approximately 125 kilometres. Hawthorn’s tenement package is surrounded by major gold mines, deposits and advanced resources including Sunrise Dam, Wallaby, Red October, Carosue Dam, Safari Bore, Deep South, Porphyry and Butchers Well Mines. The gold endowment of these mines and resources currently exceeds 22 million ounces.

•  A contiguous group of 15 tenements (“Whiteheads”) covering the historic Gindalbie Mining Centre that surrounds the Lindsay’s gold resource of Carrick Gold (0.33 million ounce gold resource), only 50 kilometres from the mining infrastructure hub of Kalgoorlie.

Over 20 million ozs (570 tonnes) of gold has been extracted/delineated in this region to date.