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Gold & silver

Hawkmoon Resources lays out plans and budget for 5,000-metre drill and surface exploration campaign at Wilson gold project

The 2022 drill campaign will follow up on high-grade discoveries at the Midrim and the Toussaint areas, as well as extending gold zones at both targets

Hawkmoon Resources Corp (CSE:HM, OTCQB:HWKRF) has revealed plans to drill 5,000 metres at its Wilson gold project near Val-d’Or, Quebec, and embark on a "significant" surface exploration campaign, beginning in July 2022.

The Vancouver-based resource company said it expects to spend around $950,000 in total costs on the program, and will work with contractors Faubert et Fils Drilling to follow up on their “excellent” work for the company last summer.

"The company is looking forward to another 5,000-metre drill program on Wilson and is pleased with the overall costs. This summer, Hawkmoon will look to explore Thomas Clarke's new discovery zone at the Midrim,” CEO Branden Haynes said in a statement.

READ: Hawkmoon Resources reveals “positive” gold results from its Lava project in Quebec

Trenching will be focused on the northern limb of the fold structure as well as at various other targets on the property, the company said.

“As little work has been done on the northern limb, it is much more cost effective to trench and clear the surface cover as a first phase. If drill targets are identified, the program will be changed accordingly,” it added.

The 2022 drill campaign will follow up on high-grade discoveries at the Midrim and the Toussaint areas, as well as extending gold zones at both targets.

Hawkmoon added that it hopes to complete “as much work as possible” with the funds budgeted.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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