Monday, July 18, 2011 2:50:43 PM
2011-07-18 09:37 ET - News Release
Mr. Greg Neeld reports
HAWKEYE COMMENCES WORK ON DART AND MINT PROPERTIES, YUKON
Hawkeye Gold & Diamond Inc. has commenced its 2011 summer work program over its Dart and Mint properties on which the company owns an option to purchase a 100-per-cent interest. The properties are situated in the Carmacks Caldera located 125 kilometres northwest of Whitehorse. The Carmacks Caldera is inferred to be a volcanic-related subsidence structure (collapsed volcano) that hosts significant northwest-trending geological structures and has important gold geochemical signatures.
The DART property totals 624 hectares and is located 58 km southwest of Carmacks and 175 km north-northwest of Whitehorse. The Property is underlain by a significant magnetic high anomaly, which occurs at the intersection of northwest and northeast-trending fault structures. The DART has significant gold geochemical anomalies in streams draining the property. The DART is an epithermal gold-silver and porphyry copper-gold target type. The Property is situated approximately 22 kilometers south-southwest of the past producing Mt. Nansen high grade gold-silver mine (556,500 tonnes grading 11.93 g/t gold and 211 g/t silver) and 52 kilometers southwest of Northern Freegold Resources' Nucleus gold-silver-copper deposit (1.4 million ounces AuEq).
The MINT Property totals 1,830 hectares and is located 20 km southwest of Carmacks and 153 km northwest of Whitehorse. The Property is situated approximately 39 km southeast of the Mt. Nansen gold-silver mine. The MINT is located at the intersection of several northwest and north-east fault structures. A strong stream sediment gold anomaly (301 ppb) is found in a stream draining the north end of the Property. The MINT Property is also an epithermal gold-silver and porphyry copper-gold target type.
The 2011 program consists of soil sampling, rock sampling, prospecting, and geological mapping to identify new targets. YES Exploration Syndicate, the optionor, is operator on the project.
Technical content has been approved by Edward Harrington, PGeo, a Qualified Person as defined by NI 43-101 and the person planning and supervising the 2011 work.
Visit our new website at www.hawkeyegold.com to learn more about the Company and its DART and MINT Properties.
Toll Free: 1-800-665-3624 Email: hgo@hawkeyegold.com
Vancouver: 1-604-878-1339 Web Site: www.hawkeyegold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM