WA Gold and VMS Project available

Exploration Tenements For Sale or Joint Venture

WA Gold and VMS Project available WA Gold and VMS Project available WA Gold and VMS Project available WA Gold and VMS Project available WA Gold and VMS Project available

Hexagon Resources Limited

East Kimberley region, Western Australia

Hexagon Resources (ASX: HXG) is seeking expressions of interest for the purchase or a Joint Venture Agreement regarding its Halls Creek Project in the East Kimberley region of Western Australia.

The Halls Creek Project (HCP) comprises 12 granted tenements covering an area of 749km2, consisting of four Exploration and eight Prospecting Licences near the town of Halls Creek. HCP is a combination of early and advanced exploration prospects.

Hexagon has identified several precious and base metal targets including Lady Helen, Bent Ridge, Granite, Townsite, Milba, and Tiger.

Lady Helen is considered a high-priority target which has returned results of up to 70g/t gold and 50g/t silver from rock-chip samples, however, all these targets would benefit from further follow-up exploration.

The HCP project area covers Paleoproterozoic rocks of the Halls Creek Orogeny.

Hexagon is developing its McIntosh flake graphite project in a Joint Venture with Mineral Resources Limited (ASX: MRL) and considers the HCP to be a non-core asset. It is considering sale or farm-out options for the asset.

More detailed information can be found here:

Parties who wish to express interest in the project should contact:

Mike Rosenstreich
Managing Director
Hexagon Resources Limited
Phone: +61 8 6500 7354
Email: info@hexagonresources.com

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Hexagon Resources aims to become a vertically integrated graphite business supplying high-specification graphite materials to the energy storage sector, sophisticated technology applications and high-end industrial uses from its McIntosh project.

HEAD OFFICE:

DIRECTORS:

  • Mike Rosenstreich
  • Charles Whitfield
  • Garry Plowright

SHARES ON ISSUE:

  • 291.78 million

MARKET CAP:

  • $41m based on closing share price on 22 Nov of 14c

MAJOR SHAREHOLDERS:

  • Tribeca Investment Partners - 12.73%
  • HSBC Custody Nominees - 8.21%
  • Mineral Resources - 3.61%
  • Investorlink Group - 3.16%
  • Forsyth Barr Custodians - 2.94%

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Hexagon Resources aims to become a vertically integrated graphite business supplying high-specification graphite materials to the energy storage sector, sophisticated technology applications and high-end industrial uses from its McIntosh project.

HEAD OFFICE:

DIRECTORS:

  • Mike Rosenstreich
  • Charles Whitfield
  • Garry Plowright

SHARES ON ISSUE:

  • 291.78 million

MARKET CAP:

  • $41m based on closing share price on 22 Nov of 14c

MAJOR SHAREHOLDERS:

  • Tribeca Investment Partners - 12.73%
  • HSBC Custody Nominees - 8.21%
  • Mineral Resources - 3.61%
  • Investorlink Group - 3.16%
  • Forsyth Barr Custodians - 2.94%