Hawkmoon Resources (CSE:HM) Corp. said it has received additional assay results for eight drill holes from the 5,031-metre (m) summer drill program on its Wilson Gold project, which is roughly 15 kilometres (km) east of the town of Lebel-sur-Quévillon, in Québec.
The Vancouver, British Columbia-based company said the highest gold values it intersected were 30.9 grams per tonne (g/t) in Hole HMW 21-08 and 22.70 g/t in Hole HMW 21-13.
The company said it is waiting for the metallic sieve fraction for one sample in each of Holes HMW 21-08 and HMW 21-13. This may or may not adjust the two highest grade gold intercepts, as coarse gold can be present in the general area, noted the company.
READ: Hawkmoon Resources intersects high-grade gold at the Wilson project in Québec
In a statement, Hawkmoon president Branden Haynes said: “We are all enthused to keep receiving positive gold results from our summer drill program on the Wilson project. We now have received assays for half the drill holes we completed on Wilson. Hawkmoon looks forward to receiving the results from the other fifteen holes in the upcoming weeks."
Hawkmoon said that all the holes intercepted Toussaint mineralization, which is generally a beige to pale grey-coloured volcanic tuff which has been foliated, sheared and strongly altered. Alteration is dominated by silica, sericite and calcite. The mineralization often displays a striped appearance due to abundant parallel laminations, it added.
“Mineralization is present as pyrite, chalcopyrite and locally as visible gold,” noted the company. Quartz veins as well as veinlets of sulphide minerals are parallel or sub parallel to the foliation.
The holes were completed around the Toussaint. Holes HMW 21-03 and HMW 21-04 were drilled on the western side of the Toussaint, while Holes HMW 21-07 and HMW 21-08 were drilled in the forest to the north of the Toussaint. Hole HMW 21-14 targeted an induced polarity (IP) anomaly to the east of the Toussaint.
Hawkmoon is focused on its three Quebec gold projects. Two of the projects are in one of the world’s largest gold deposits, the Abitibi Greenstone Belt. Both the gold projects are near each other east of the town of Lebel sur Quévillon. The third project is in the Belleterre Gold Camp southwest of the town of Val-d’Or.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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