Business
Hawkmoon Resources Drills 8.20 Metres of 1.61 G/T Gold on the Lava Property, Québec
VANCOUVER, British Columbia / Mar 01, 2022 / Business Wire / Hawkmoon Resources Corp. (CSE:HM; OTCQB:HWKRF; FSE:966) (“Hawkmoon” or the “Company”) has received
About this update from Earthwise Minerals Corp
[{"type":"text","content":"VANCOUVER, British Columbia / Mar 01, 2022 / Business Wire / Hawkmoon Resources Corp. (CSE:HM; OTCQB:HWKRF; FSE:966) (“Hawkmoon” or the “Company”) has received the final assay results for all ten drill holes (the “Holes”) from its 2021 drill program (the “Program”) on the Lava gold project (“Lava” or the “Property”). The Property is situated approximately 20 kilometres west of the town of Belleterre in the Abitibi-Timiskaming region of Québec and approximately 110 kilometres southwest of the city of Val-d’Or, Quebec. Highlights of the Holes Disclosed in this News Release The Program consisted of ten holes for a total of 1,005 metres and was completed in November, 2021 and targeted the Lavallée Shear Zone (“LSZ”). The LSZ was drilled over a 400-metre horizontal distance down to a maximum vertical depth of 100 metres. Drilling was based on 2-D modelling 1 of induced polarization and resistivity data from a survey completed in 2007 2. Hole LA21-42 intercepted the LSZ and assayed 1.61 grams per tonne gold (“g/t Au”) over 8.20 metres. Seven of ten holes intercepted positive gold results including assaying up to 16.05 g/t Au in LA21-49 over 0.20 metres. This sample was part of an intercept of 2.43 g/t Au over 1.70 metres. Mineralization Setting and Style The drilling encountered a broad zone of sheared diorite (the “Alteration Zone”). The LSZ is present within the Alteration Zone measured 2.7 to 11.8 metres in downhole thickness. The LSZ has been injected with quartz veins that range from 0.1 metres to 2.0 metres in width. Disseminated to semi-massive sulphides occur as bands up to 10 centimetres wide within and along the margins of quartz veins. Gold values within the LSZ reached a maximum of 16.05 g/t Au over 20 centimetres in LA21-49. A higher content of sulphide minerals appears to generally lead to higher gold grades. Table 1 highlights certain gold assays received for the Holes. The results represent down hole lengths and not necessarily true widths. Figure 1 shows a map of the drilling. A photograph of the core is shown in figure 2. Table 1: Highlights of Gold Assays Received for the Lava Drill Program Drill Hole From (metres) To (metres) Length (metres) Gold Grade (g/t) LA21-42 61.1 69.3 8.20 1.61 Including 67.3 69.3 2.00 3.72 LA21-49 55.4 57.1 1.70 2.43 Including 55.9 56.1 0.20 16.05 LA21-45 84.2 87.3 3.1...