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HAWKEYE Confirms Two Kilometre Trend of Copper Mineralization at McBride Property in the BC Golden Triangle
VANCOUVER, BC / ACCESSWIRE / October 30, 2018 / HAWKEYE Gold & Diamond Inc. (the "Company...
About this update from Hawkeye Gold & Diamond Inc.
[{"type":"text","content":"HAWKEYE Confirms Two Kilometre Trend of Copper Mineralization at McBride Property in the BC Golden TriangleVANCOUVER, BC / ACCESSWIRE / October 30, 2018 / HAWKEYE Gold & Diamond Inc. (the \"Company\" or \"HAWKEYE\") (TSX-V: HAWK; Frankfurt Ticker: HGT; WKN: A12A61 ISIN: CA42016R3027): is pleased to announce that the Company has completed its second phase work program at the McBride Property, located in the Golden Triangle of northwest British Columbia. The property totals 4,133 hectares, is contiguous with the Red Chris Mine property of Imperial Metals to the south, and lies only 18 km east of GT Gold's exciting \"Saddle\" discovery, where recent drilling yielded an intercept of 1.02 g/t Au, 0.51% Cu and 1.72 g/t Ag over 363 m.HAWKEYE returned to the McBride Property mainly to conduct work on the Company's recently acquired claims (October 5, 2018 – News Release 297 – 2018; October 8, 2018 – News Release 299 – 2018), which border the northern and eastern parts of the property, and to further assess showings, both historical and newly discovered, that were examined during HAWKEYE's first phase program. The two groups of new claims have increased the size of the McBride property from 2,635 to 4,133 hectares.In the north, an approximately 2 km long north-northwest trend of copper mineralization was outlined (Figure 1). In the northern part of the trend, chalcopyrite and malachite mineralization occur along fractures and within calcite veins hosted by a monzonite plug or large dyke and its volcanic host rocks. To the south along the trend, fracture-hosted and disseminated chalcopyrite occur within felsic dykes and along fractures in host volcanic rocks. The mineralized trend is associated with propylitic alteration and is interpreted to represent the upper and/or distal parts of a potentially sizeable porphyry copper system at depth.The second area of focus was in the eastern part of the property, on the east side of the Klappan River, where a historical gold showing (grab samples reported up to 8.78 g/t gold) was successfully relocated. The showing consists of nodules of arsenopyrite and pyrite within a 0.5 to 1 m wide shear zone cutting volcanic rocks. The northerly trending shear zone is exposed across the length of a 35 m x 5 m outcrop and is covered to the north and south. Several other shear zon...