Hawkmoon Extends Deep Gold Zone Assaying 2 Metres of 8.48 g/t Gold at Wilson
Hawkmoon Resources Corp. (CSE:HM; OTCQB:HWKRF; FSE:966) announced positive assay results from five drill holes at the Wilson Gold project, located in Quebec's Abitibi Greenstone Belt. Key highlights include Hole HMW 22-31, which intercepted 2.0 metres of 8.48 g/t gold, marking the first substantial deep gold intercept to the west of Toussaint. Other successful holes HMW 22-29 and HMW 22-30 also extended known gold zones. CEO Branden Haynes described the drill program as successful, generating further drilling targets for summer exploration.
- Hole HMW 22-31 intersected 2.0 metres of 8.48 g/t gold.
- Drill holes HMW 22-29 and HMW 22-30 confirmed and extended existing gold zones.
- Positive results may attract investor interest and enhance future exploration potential.
- None.
(Photo: Business Wire)
Highlights
- Hole HMW 22-31 was a deep hole drilled to the southwest of HMW 21-7. The hole drilled 2.0 metres of 8.48 g/t gold. This is the first significant deep gold intercept drilled to the west of the Toussaint. The purpose of the hole was to trace a deep gold zone higher up in the section. This was accomplished.
- Hole HMW 22-29 was drilled to trace two gold zones seen in hole HMW 21-1 to the east. Both gold zones were intersected.
- Hole HMW 22-30 extended two gold zones seen in HMW 21-9 to the east.
Mineralization, Setting and Style
Mineralization at Wilson is present where a volcanic tuff contacts an intrusion. These intrusions are primarily gabbro in composition. The most prospective areas of the Property are along the contacts between volcanic tuffs and intrusions. The rocks at Wilson dip sub vertically.
The Holes intercepted mineralization typical of Wilson. This mineralization is characterized as a beige to pale grey coloured volcanic tuff which has been strongly foliated, sheared, fractured and altered. The mineralization is associated with strong silica, sericite and calcite alteration. Ankerite and chlorite alteration are present to a lesser degree. Quartz veins and veinlets are commonly observed in the mineralized zones. Pyrite is the dominant sulphide mineral.
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Forward Looking Statements
This news release contains certain forward-looking statements. The use of the word “expected”, “projected”, “pursuing”, “plans” and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this news release include statements regarding drill targets for the follow up drill program this summer. The forward-looking statements are made as at the date hereof and the Company disclaims any intent or obligation to publicly update any forward-looking statements, where because of new information, future events or results, or otherwise, except as required by applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221110005271/en/
Email: branden@hawkmoonresources.com
Telephone: 604-817-1595
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