Hawsons Iron Ltd (ASX:HIO) chair Bryan Granzien tells Proactive the company has identified mineable near-surface magnetite mineralisation at targeted grades, paving the way for a strategic shift in the company's mining approach that could potentially expedite the full production phase of the Hawsons Iron Project in Far West New South Wales. The company's stage 2 resource analysis exploration drilling was carried out during the first half of 2023, demonstrating the potential for significant extension along the southwest strike. Further exploratory drilling is required to define the extent and tonnage of the near-surface mineralisation.
Hawsons Iron discovers prospective near-surface magnetite
