Hawkmoon Resources (HM.C), a Canadian gold junior, announced today that it had commenced its proposed drill campaign at the company’s flagship Wilson gold property.
Wilson is located approximately 15 kilometres east of the town of Lebel-sur-Quevillon, in the Abitibi Greenstone Belt of Quebec, Canada.
The gold project consists of 42 unpatented un-surveyed map designated mining claims covering approximately 1,660 hectares.
The company planned a 10-hole program at Wilson for an aggregate total depth of 3,000 metres.
Faubert el Fils has been engaged to carry out the drill program at Wilson. The contractor has mobilized to the site and is preparing to collar the first hole.
Hawkmoon has identified five target locations for drilling during this campaign:
- Toussaint – six holes for a total depth of 1,850 metres. This will be split up into three step out holes and three infill holes. The first three holes are meant to test and extend gold zones in the western part of the area, while the remaining three shallower holes are intended to extend and connect previous gold zones in the eastern part of the area.
- Toussaint East – one hole for a total depth of 400 metres. This hole is meant to test and deepen a historical intercept of four metres at 7.80 g/t Au including one metre of 21.4 g/t Au in VP 11-15. Drilling is expected to take place 40 metres southwest of this historical drill hole as well as deeper to test potential of this zone.
- Midrim – two holes for a total depth of 550 metres. Two step out drill holes: one to test the extension of the near-surface intercept in HMW 21-24 which returned one metre of 10 g/t Au; the other to extend the high-grade intercept in HMW 21-28 which returned one metre at 83.6 g/t Au.
- North Limb – one drill hole for a total depth of 200 metres. This drill hole is a follow up to the company’s successful trenching program from earlier in July and will be in the vicinity of a previously drilled intercept in hole VP 94-51 which returned one metre which returned 8.95 ppm Au.
Branden Haynes, Hawkmoon president, commented, “July is the start of our summer work season and the company is looking forward to positive results. The objective of the trenching program is to extend a historical gold zone, aiming to dig around the contact between the volcanics and gabbro, and examine a series of IP anomalies with a favourable signature.”
The company’s other project, Lava Gold property, is located in the Belleterre Gold Camp approximately 15 kilometres west of the town of Belleterre in the Lathlike-de-Gaboury Township of Quebec.
Lava consists of 41 unpatented un-surveyed map designated mining claims covering approximately 2,061 hectares. There are known gold showings on the property. Historical drilling results offer significant exploration potential at the project.
Hawkmoon currently trades at $0.02 CAD per share for a market cap of $1.4 million.
–Gaalen Engen