InvestmentPitch Media Video Discusses Hawkmoon Resources’ Drill Results and Discovery of a New Gold Zone Assaying 83.6 g/t gold over 1 metre at Midrim Showing at Wilson Property in Quebec’s Abitibi Greenstone Belt – Video Available on Investmentpitch.com
VANCOUVER, British Columbia, Jan. 26, 2022 (GLOBE NEWSWIRE) — Hawkmoon Resources (CSE:HM) (FSE:966) has released assay results from the final 2 drill holes of its 2021 drill program at the Midrim Showing on the Wilson Gold project. The Wilson Gold Project is situated 170 kilometres northeast of Val-d’Or and approximately 25 kilometres southwest of the company’s Romeo gold property.
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For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company along with video comments by President and CEO Branden Haynes, who discusses this news and the upcoming drill program in Quebec. The video is available for viewing on “InvestmentPitch.com” and on “YouTube”. If these links are not enabled, please visit www.InvestmentPitch.com and enter “Hawkmoon” in the search box.
Both properties are located within the mineral-rich Abitibi greenstone belt, an established gold mining district which produced over 100 mines, and 170 million ounces of gold since 1901.
There are a total of 7 gold showings on the Wilson Gold Project, with the Toussaint and Midrim showings being the largest. The Midrim showing is situated where a volcanic tuff contacts a gabbro or dioritic intrusive.
Of the 28 holes completed during the 2021 drilling program, 5 were completed at the Midrim showing. Hawkmoon received the highest gold grade for the program in HMW 21-28 at 83.6 grams per tonne gold over one metre. This high-grade sample, a discovery of a new gold zone at the Midrim, is approximately 50 metres south of all previously known gold mineralization at Midrim, extending Midrim to the east. A secondary intercept in HMW 21-28 is situated approximately 30 metres to the southeast of historic hole V-1, which previously reported 1.2 metres of 21.70 grams per tonne gold. Hole HMW 21-27 extended a gold zone about 30 metres to the east, was present higher up-hole than expected and was situated immediately below the casing.
Follow up work is recommended in this area to examine if this gold zone is thicker by drilling a new hole collared further to the north. In addition to the Wilson and Romeo gold properties to the east of Val-d’Or, the company’s 2,061-hectare Lava Gold Property is located 105 kilometres to the southwest of Val-d’Or.
The shares are currently trading at $0.09. For more information, please visit the company’s website www.HawkmoonResources.com, contact Branden Haynes, President and CEO, at 604-817-1595 or by email at [email protected].
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