STOCK TITAN

Seahawk Gold Corp. Reports Fall Exploration Update

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Seahawk Gold Corp. (CSE: SEAG) (OTCQB: SEHKF) provides an update on exploration and project planning work on Touchdown and Blitz Properties. GoldSpot's AI technology analyzed survey results, identifying potential drill target areas. A Phase One diamond drill exploration program will be initiated in early 2024.
Positive
  • None.
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - November 16, 2023) - Seahawk Gold Corp. (CSE: SEAG) (OTCQB: SEHKF) ("Seahawk") is pleased to provide an update on recent exploration and project planning work being performed on our Touchdown and Blitz Properties.

In 2022, Seahawk engaged Earthlabs Inc. (ALS GoldSpot Discoveries Ltd. or "GoldSpot") to review and compile all data on the Touchdown and Blitz Properties. GoldSpot is a technology company using artificial intelligence to revolutionize the future of Global Mineral Exploration with a full suite of data and knowledge driven SAAS tools and services.

TMC Geophysics complete Induced Polarization Surveys (I.P. Surveys) on the northwest claim block of the Blitz Property and 5 grids on the Touchdown Property.

Results from the Blitz Property I.P. survey have been analysed by GoldSpot and areas with potential to target drill holes have been identified for further prioritizing.

The 5 I.P. survey grid results from the Touchdown Property are currently being analysed by GoldSpot and when completed drill target areas will be identified and prioritized.

The 5 Touchdown grids will further evaluate and extend areas where Seahawk has discovered gold in previous exploration programs and other areas with similar magnetic features.

A Phase One diamond drill exploration program involving a 2,000 to 3,000 meter of NQ drilling will be designed and initiated in early 2024.

Mitchell Lavery P.Geo., President and director of Seahawk Gold Corp. stated, "With the positive results we have seen from the Blitz I.P. survey and the anticipated similar results from the Touchdown Property I.P. surveys, we are very confident that the drill program will discover very exciting and significant economic gold mineralization."

In Memoriam

The corporation is saddened to inform our stake holders, that Blair Holliday, a former director of the Corporation, died on September 27, 2023. Mr. Holliday was an independent director of the Corporation, and a member of the audit committee.

Seahawk would like to extend our deepest condolences to Blair's family and friends. He will be missed.

About Seahawk Gold Corp.

Seahawk Gold Corp. is a publicly traded Canadian resource exploration company trading in Canada (CSE: SEAG), the U.S. (OTCQB: SEHKF). Seahawk is the 100% owner four properties along the Urban-Barry Greenstone Belt in the Abitibi sub province of mining friendly Quebec, Canada.

For further information please contact Seahawk Gold Corp. – seahawkgoldcorp.com

Giovanni Gasbarro,
CEO and Director at 1-604-939-1848 

Mitchell E. Lavery, P.Geo.
President and Director at 1-613-298-1596

Neither the Canadian Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/187565

FAQ

What is the update provided by Seahawk Gold Corp. (SEAG) in the press release?

Seahawk Gold Corp. (CSE: SEAG) (OTCQB: SEHKF) provides an update on recent exploration and project planning work being performed on the Touchdown and Blitz Properties, including the engagement of GoldSpot's AI technology to analyze survey results and identify potential drill target areas.

Who was Blair Holliday and what is the significance of his passing mentioned in the press release?

Blair Holliday was a former director of Seahawk Gold Corp. The press release mentions his passing to inform stakeholders and extend condolences to his family and friends.

What is the significance of GoldSpot's involvement in the exploration work mentioned in the press release?

GoldSpot, a technology company using artificial intelligence, is involved in analyzing survey results to identify potential drill target areas, revolutionizing the future of Global Mineral Exploration with AI-driven tools and services.

SEAHAWK GOLD CORP

OTC:SEHKF

SEHKF Rankings

SEHKF Latest News

SEHKF Stock Data

6.55M
21.52M
40.77%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Coquitlam