Hawthorne Gold Corp. is a Canadian-based gold exploration and development company with key properties located in British Columbia, Canada.
Hawthorne Gold is led by respected mining leaders Richard Barclay and Michael Beley. Now together with mining veteran Michael Redfearn, and a strong board of Directors from across the mining industry, the goal is to become another successful gold company through focused exploration initiatives, continued development of the Frasergold mineral deposit and potential acquisitions of other projects.
Utilizing the management expertise in mine-finding, construction and operation, Hawthorne Gold anticipates pursuing additional exploration and late stage development projects.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ PROJECTS Hawthorne Gold has three significant properties located in British Columbia, Canada. The Table Mountain and Taurus Projects are located in the Cassiar Gold Mining District in northern British Columbia, where there has been extensive mining and exploration activity since the 1960's. The company's goal is to work towards production at Table Mountain Gold Mine in 2009 and continue exploration on the Taurus Deposit. An opportunity exists to develop the Taurus Deposit into a low grade bulk tonnage open pit mining operation. The Frasergold Property is located in the historic Quesnel Trough area in central British Columbia and has a long history of continued exploration since the 1970's. Hawthorne completed its summer work program in August 2008, which included a 58 hole drill program (10,405 metres) on the Main Zone and step-out drilling along strike. The goal is to gain a better understanding of the size and potential of the deposit and define a National Instrument ("NI") 43-101 compliant gold resource estimate within the Main Zone. Hawthorne field geologists have identified visible gold ("VG") in multiple locations. Hawthorne believes there is potential for a gold deposit amenable to a low grade bulk tonnage open pit mining operation.
Hawthorne expects to review other potential exploration and development stage projects to further increase and diversify their asset portfolio. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SHARE STRUCTURE [As of May 2009]
Shares Outstanding 73,912,347
Options 4,291,016 Warrants 17,223,591
Fully Diluted 95,426,954
Owned By Management 4,362,900
Toll Free: 1-866-869-8072
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