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HAWKEYE Provides an Update on Future Exploration Plans at Its Mcbride Property and Reports Results From 2019 Drilling
VANCOUVER, BC / ACCESSWIRE / May 5, 2020 / HAWKEYE Gold & Diamond Inc. (the "Company" or ...
About this update from Hawkeye Gold & Diamond Inc.
[{"type":"text","content":"HAWKEYE Provides an Update on Future Exploration Plans at Its Mcbride Property and Reports Results From 2019 DrillingVANCOUVER, BC / ACCESSWIRE / May 5, 2020 / HAWKEYE Gold & Diamond Inc. (the \"Company\" or \"HAWKEYE\") (TSXV:HAWK)(Frankfurt:HGT)(ISIN:CA42016R3027)(WKN:A12A61): is pleased to provide an exploration update for its wholly owned McBride property (the \"Property\"), and to announce the results from its 2019 drill program. The drill program tested what is known as the western anomaly, one of two Induced Polarization (IP) chargeability highs identified on the Property from a ground-based survey performed by Dias Geophysical during August and September, 2019.HAWKEYE's 56.6 km2 McBride property is situated in the northeast corner of British Columbia's Golden Triangle, approximately 12 kilometres north of the Red Chris Cu-Au mine, and 18 kilometres east-northeast of GT Gold Corp's Saddle North Cu-Au and Saddle South Au-Ag prospects.McBride Property UpdateBetween August and October 2019, the Company expanded the Property by acquiring an additional 14.6 km2 of claims that are contiguous with and lie mainly to the northwest of the previously existing McBride claim block. The acquisition extends the strike length of an attractive belt of previously outlined mineralized porphyry and breccia mineral occurrences to over 3 kilometres (fig 1.). The belt encompasses the undrilled northern chargeability anomaly and the acquisition has redirected the focus for future exploration at the McBride Property, with the aim being to systematically explore the belts historical mineral showings and their depth potential. Planned exploration will include detailed mapping, prospecting and soil geochemical sampling, followed by further Induced Polarization surveys. This work should help delineate specific drill targets and possibly the structural controls for a suspected underlying porphyry system.2019 Diamond DrillingThe 2019 drill program was limited to a single vertical drill hole, MB-19-01, 703.17 metres deep, which targeted the broad IP chargeability high outlined at the western anomaly (fig. 1). The drill hole intersected volcanic rocks of dominantly andesitic composition, which vary from fine grained to porphyritic in texture. The lithologies intersected are interpreted to be flows and fragmental units and high-level intrusions. In th...