# HWK: Olympus Scandium Project Soil Sampling Completed, WA Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03147650 Publisher: asx Original announcement: 2026-10-01T23:13:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-02T00:15:56.631Z Atlas analysis updated: 2026-10-02T00:15:56.631Z - Company: Hawk Resources Limited - Ticker: HWK - Exchange: ASX - Region: Western Australia - Primary commodity: Scandium - Secondary commodities: Copper, Nickel, Cobalt, Platinum, Gold - Document categories: Other, Drill results - Extracted: 2026-10-02 00:15:57 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Hawk Resources has completed a 1,240-sample soil sampling programme at the Olympus scandium project in Western Australia to test historical anomalies. While no new assay results were provided, the company highlighted historical pXRF scandium intercepts up to 11m @ 934 ppm Sc and individual 1m samples of 2,164 ppm Sc. Reasoning: The announcement reports the completion of a soil sampling program with no new assay results, while restating historical pXRF scandium anomalies. - Positive factor: Completion of soil sampling programme to test scandium anomalies - Positive factor: Historical RAB intercepts up to 11m @ 934 ppm Sc - Positive factor: High-grade individual 1m pXRF sample of 2,164 ppm Sc - Negative factor: No new assay results reported in this release; samples are in transit - Negative factor: Historical data relies on pXRF which is not a proxy for lab assays - Negative factor: Historical data is pre-JORC 2012 Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 10 ## Classification and evidence **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The announcement restates historical pXRF scandium results from 2007-2008 without providing new assay results. Evidence · text > No new exploration data has been generated for this announcement - all relevant historical data is referenced in the body of the announcement. **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: The historical pXRF data lacks information on calibration, sample collection procedures, or verification. Evidence · text > There is no information on quality control procedures for the pXRF analysis of soil and RAB samples. ## Extracted facts Stored fact records: 10. Some facts used in scoring do not have a stored record. ## Drill Results (10) ### MMB0002 [Link to this fact](https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878#fact-drill-facts-0) Olympus · scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: MMB0002 - Project: Olympus - Commodity: scandium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: HWK #### Geometry - Grade: 948 - Grade Unit: ppm - Intercept: 5 m - From: 0 m - To: 5 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: MMB0002:0-5 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-29T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Historical RAB intercept reported via pXRF. - Positive factor: High grade scandium intercept - Negative factor: Historical pXRF data - Negative factor: Pre-JORC 2012 Evidence · text > Hole MMB0002 5m @ 948ppm Sc from surface including 3m @ 1,139ppm Sc #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MMB0002 [Link to this fact](https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878#fact-drill-facts-1) Olympus · scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: MMB0002 - Project: Olympus - Commodity: scandium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: HWK #### Geometry - Grade: 1139 - Grade Unit: ppm - Intercept: 3 m - From: 0 m - To: 3 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: MMB0002:0-3 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-29T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Historical sub-interval reported via pXRF. - Positive factor: High grade sub-interval - Negative factor: Historical pXRF data Evidence · text > Hole MMB0002 5m @ 948ppm Sc from surface including 3m @ 1,139ppm Sc #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MMB0001 [Link to this fact](https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878#fact-drill-facts-2) Olympus · scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: MMB0001 - Project: Olympus - Commodity: scandium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: HWK #### Geometry - Grade: 821 - Grade Unit: ppm - Intercept: 6 m - From: 2 m - To: 8 m - Intercept Depth: 2 m #### Classification - Sample Type: drill - Group ID: MMB0001:2-8 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-29T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Historical RAB intercept reported via pXRF. - Positive factor: Anomalous scandium intercept - Negative factor: Historical pXRF data Evidence · text > Hole MMB0001 6m @ 821ppm Sc from 2m including 2m @ 1,547ppm Sc #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MMB0001 [Link to this fact](https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878#fact-drill-facts-3) Olympus · scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: MMB0001 - Project: Olympus - Commodity: scandium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: HWK #### Geometry - Grade: 1547 - Grade Unit: ppm - Intercept: 2 m - From: 2 m - To: 4 m - Intercept Depth: 2 m #### Classification - Sample Type: drill - Group ID: MMB0001:2-4 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-29T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Historical sub-interval reported via pXRF. - Positive factor: High grade sub-interval - Negative factor: Historical pXRF data Evidence · text > Hole MMB0001 6m @ 821ppm Sc from 2m including 2m @ 1,547ppm Sc #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MMB0004 [Link to this fact](https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878#fact-drill-facts-4) Olympus · scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: MMB0004 - Project: Olympus - Commodity: scandium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: HWK #### Geometry - Grade: 600 - Grade Unit: ppm - Intercept: 5 m - From: 0 m - To: 5 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: MMB0004:0-5 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-29T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Historical RAB intercept reported via pXRF. - Positive factor: Anomalous scandium intercept - Negative factor: Historical pXRF data Evidence · text > Hole MMB0004 5m @ 600ppm Sc from surface including 1m @ 2,037ppm Sc #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MMB0004 [Link to this fact](https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878#fact-drill-facts-5) Olympus · scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: MMB0004 - Project: Olympus - Commodity: scandium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: HWK #### Geometry - Grade: 2037 - Grade Unit: ppm - Intercept: 1 m - From: 0 m - To: 1 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: MMB0004:0-1 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-29T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Historical sub-interval reported via pXRF. - Positive factor: High grade sub-interval - Negative factor: Historical pXRF data Evidence · text > Hole MMB0004 5m @ 600ppm Sc from surface including 1m @ 2,037ppm Sc #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MMB0017 [Link to this fact](https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878#fact-drill-facts-6) Olympus · scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: MMB0017 - Project: Olympus - Commodity: scandium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: HWK #### Geometry - Grade: 934 - Grade Unit: ppm - Intercept: 11 m - From: 0 m - To: 11 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: MMB0017:0-11 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-29T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Historical RAB intercept reported via pXRF. - Positive factor: Significant width and grade - Negative factor: Historical pXRF data Evidence · text > Hole MMB0017 11m @ 934ppm Sc from surface including 2m @ 1,613ppm Sc #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MMB0017 [Link to this fact](https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878#fact-drill-facts-7) Olympus · scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: MMB0017 - Project: Olympus - Commodity: scandium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: HWK #### Geometry - Grade: 1613 - Grade Unit: ppm - Intercept: 2 m - From: 0 m - To: 2 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: MMB0017:0-2 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-29T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Historical sub-interval reported via pXRF. - Positive factor: High grade sub-interval - Negative factor: Historical pXRF data Evidence · text > Hole MMB0017 11m @ 934ppm Sc from surface including 2m @ 1,613ppm Sc #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MMB0019 [Link to this fact](https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878#fact-drill-facts-8) Olympus · scandium Historical result Needs review: ungrounded #### Identity - Hole ID: MMB0019 - Project: Olympus - Commodity: scandium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: HWK #### Geometry - Grade: 700 - Grade Unit: ppm - Intercept: 7 m - From: 0 m - To: 7 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: MMB0019:0-7 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-29T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Historical RAB intercept reported via pXRF. - Positive factor: Anomalous scandium intercept - Negative factor: Historical pXRF data Evidence · text > Hole MMB 0019 7m @ 700ppm Sc from surface including 1m @ 1,205ppm Sc #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MMB0019 [Link to this fact](https://atlas-staging.minestarters.com/news/hwk-olympus-scandium-project-soil-sampling-completed-wa--1a311d77-85c8-4d8d-8705-a0137212b878#fact-drill-facts-9) Olympus · scandium Historical result Needs review: ungrounded #### Identity - Hole ID: MMB0019 - Project: Olympus - Commodity: scandium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: HWK #### Geometry - Grade: 1205 - Grade Unit: ppm - Intercept: 1 m - From: 0 m - To: 1 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: MMB0019:0-1 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-29T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Historical sub-interval reported via pXRF. - Positive factor: High grade sub-interval - Negative factor: Historical pXRF data Evidence · text > Hole MMB 0019 7m @ 700ppm Sc from surface including 1m @ 1,205ppm Sc #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.