What Do New Drilling Updates From Asara Resources (ASX:AS1), Metal Hawk (ASX:MHK) and Auravelle Metals (ASX:AUV) Show?

Sonal Goyal

06 November 2026 11:39 AM AEDT

What Do New Drilling Updates From Asara Resources (ASX:AS1), Metal Hawk (ASX:MHK) and Auravelle Metals (ASX:AUV) Show?

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Key Highlights

Asara Resources intersected 38 metres at 2.1g/t gold from 48 metres in hole SGRC26-004 at the Sogosogoba target in Guinea.
Metal Hawk began a diamond drilling campaign of about 1,200 metres at Leinster South, with RC assays due in mid-November.
Auravelle Metals plans a RC program of more than 3,000 metres at Nuckulla Hill starting next week.
Assay results are pending or recently received, and drilling programmes at all three companies are iterative.

Three gold-focused ASX companies reported drilling progress on 6 November 2026. Asara Resources (ASX:AS1) released maiden results from a new target in Guinea, Metal Hawk (ASX:MHK) started diamond drilling in Western Australia, and Auravelle Metals (ASX:AUV) said Reverse Circulation Drilling will begin next week in South Australia.

Asara Reports Maiden Sogosogoba Results

Asara's first drilling at the Sogosogoba target, about 8 kilometres northeast of the Massan Deposit within the Kada Gold Project, returned 38 metres at 2.1g/t gold from 48 metres in hole SGRC26-004. Within that interval were 5 metres at 6.1g/t from 57 metres, 5 metres at 4.3g/t from 70 metres and 3 metres at 5.0g/t from 78 metres. The same hole returned 15 metres at 1.4g/t from 9 metres.

Hole SGRC26-003 returned 3 metres at 5.0g/t from 19 metres, including 1 metre at 14.1g/t, and 7 metres at 0.8g/t from 40 metres. Only two of the five holes reported, SGRC26-003 and SGRC26-004, were positioned within the primary surface gold anomaly above 100ppb. All mineralisation sits in the oxide profile, which extends beyond 100 metres depth. The result is the first drilling outside the Massan Deposit and the Kada permit, which hosts a 2.08 million ounce Mineral Resource. Sogosogoba is one of six drill-ready targets in the portfolio.

Metal Hawk Starts Diamond Drilling

Metal Hawk began about 1,200 metres of diamond drilling at the Thylacine south zone of its 100%-owned Leinster South Project in the Agnew-Lawlers region. The campaign targets the Numbat lode and Numbat shear, following hole 26LSRC077, which returned 9 metres at 12.3g/t gold from 70 metres, and hole 26LSRC075, which returned 4 metres at 12.5g/t from 43 metres.

Oriented core is intended to define the geometry, plunge and true width of the high-grade zones. Three holes totalling about 1,000 metres are co-funded under the Western Australian Government's Exploration Incentive Scheme, contributing up to $175,000 toward direct drilling costs. Samples from a recently completed RC program of 10 holes for 1,642 metres are with the laboratory, with assays expected in mid-November.

The Leinster South project area covers more than 430 square kilometres between 10 and 40 kilometres south of Leinster. High-grade surface gold was identified at the Siberian Tiger prospect in August 2024, and maiden drilling began in mid-2025, with later work uncovering the Thylacine and Tysons prospects.

Auravelle Prepares RC Drilling at Nuckulla Hill

Auravelle said an RC program of more than 3,000 metres will start next week at the Nuckulla Hill Gold Project, focused on an anomalous gold zone more than 3 kilometres long between Sheoak and Myall. Planned work includes infill and extension drilling at Sheoak, follow-up on recent aircore results at Myall, which returned 8 metres at 1.0g/t gold, and at Sheoak North, which returned 10 metres at 1.4g/t to end of hole, and tests of strike and depth extensions at Bimba.

Previous RC drilling at Sheoak returned 21 metres at 3.1g/t gold from 54 metres, including 3 metres at 10.5g/t, along with 5 metres at 5.8g/t from 82 metres and 9 metres at 2.4g/t from 60 metres. The zone sits in the same shear system that hosts the neighbouring Tunkillia Gold Project, which Barton Gold Holdings reports at 1.6 million ounces. The program is expected to take two to three weeks, with assay results four to six weeks afterwards.

Near-term news flow at Auravelle also includes soil sampling results from the Crown project in Western Australia and one-metre resample results from aircore drilling at Nuckulla Hill.

Timelines to Watch

Asara is following up in an iterative programme, Metal Hawk's RC assays are due within weeks, and Auravelle's drilling starts next week with results expected in the new year.

FAQs

Q: What was Asara's best intercept at Sogosogoba?

A: 38 metres at 2.1g/t gold from 48 metres in hole SGRC26-004, all within oxide mineralisation.

Q: How long is Metal Hawk's diamond program?

A: About 1,200 metres, including three co-funded holes of about 1,000 metres under the WA Exploration Incentive Scheme.

Q: When will Metal Hawk's RC assays arrive?

A: Assays from the 10-hole, 1,642 metre RC program are expected in mid-November 2026.

Q: When does Auravelle's RC drilling start?

A: Next week, with a program of more than 3,000 metres expected to take two to three weeks.

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