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HAWKEYE Acquires Additional Claims on 2 Aces Gold Property on Strike With Cariboo Break in Barkerville Terrane
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 6, 2017) - HAWKEYE Gold & Diamond Inc. (the "Company" or "HAWKEYE") (TSX VENTURE:HAWK) (FRANKFURT:HGT) (ISIN: C
About this update from Hawkeye Gold & Diamond Inc.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 6, 2017) - HAWKEYE Gold & Diamond Inc. (the \"Company\" or \"HAWKEYE\") (TSX VENTURE:HAWK) (FRANKFURT:HGT) (ISIN: CA42016R3027) (WKN: A12A61) is pleased to announce it has amended its Sale and Purchase Agreement (SAPA) with the vendor of the 2 Aces Project (the \"Property) to acquire, for staking costs, a 100% interest in an additional 332-hectares within the 2 Aces' Area of Interest. The Property, now totaling 5,374-hectares, situated approximately 30 kilometres south-southeast of the Town of Barkerville, BC, Canada, includes claims on the north and south shore of Cariboo Lake and is located contiguous to both the western boundary of HAWKEYE's 2 Aces property and Barkerville Gold Mines' (\"BGM\") claims to the north and west. The Property lies within the southeasterly-striking Snowshoe Group of the Barkerville Terrane. This is the geological formation that hosts Barkerville Gold Mines' (\"BGM\") current gold mine development sites, including Island Mountain, Cow Mountain and Bonanza Ledge, and exploration projects, and also underlies a number of historic to recent placer gold claims. About the Barkerville-Cariboo District and BGM Placer gold was discovered and mined in the Cariboo Lake area along a number of drainages including Keithley, Snowshoe, Simlock and Harvey's Creeks starting in 1860. The town of Barkerville became established as the centre of the historic Cariboo gold rush following the 1861-1862 discoveries to the north on Lightning Creek, Williams Creek and the surrounding area. The recorded production estimate from 1861-1987 reported more than 5,000,000 ounces of gold which included 3,800,000 ounces from placer operations and 1,230,000 ounces from lode mining. Recently, BGM, the current principal property holder in the district, announced resource definition on lode gold projects and large exploration programs focused along the Cariboo Break, a structural corridor aligned with the principal NW to SE-directed high strain zones in the Barkerville Terrane. BGM has eight (8) drills conducting a 130,000 metre drill program in 2017 and continues to release positive results. Message from the President Mr. Greg Neeld, President & CEO states, \"HAWKEYE continues to generate its portfolio of properties in the Barkerville-Cariboo gold district. The acquisitions place HAW...