Hawkmoon Resources Corp (CSE:HM, OTCQB:HWKRF) said it has received the drilling and trenching permits required to complete its summer work on its key Wilson Gold Project, 150 kilometres northeast of Val-d’Or in Quebec.
The Vancouver-based resource company said it anticipates commencing its Phase 1 outcrop clearing and trenching program in late June. It then intends to follow this by drilling 5,000 metres. If new targets are identified in Phase 1, the drill program will be adjusted accordingly, it added.
"We are all excited to resume our exploration work on Wilson,” the company’s president Branden Haynes said in a statement. “We can now start our program, as we have received the required permits from the Quebec government.”
READ: Hawkmoon says investors should be patient as it prepares for drilling on Wilson gold project
Phase 1 overview
Hawkmoon noted that it has many targets on Wilson for this phase of work. The largest and most untested area is on the northern limb of the large fold that is present on Wilson. To date, over 90% of all work on Wilson has focused on the southern limb of this fold. Both the Toussaint and Midrim showings are on the southern limb.
Phase 1 potential for drilling
At the Toussaint and Midrim Showings, all drill holes are drilled towards the southeast with azimuths ranging from 140 degrees to 155 degrees. These drill holes on the southern limb all drill towards the contact of the volcanics and gabbro.
On the northern limb, historical drill holes are all drilled away from the northern contact of the volcanics and gabbro. It is at this contact where most of the gold mineralization is present on Wilson to date. In addition, there have also been some notable drill intercepts on the north limb. Hole VP 94-51, drilled on the north limb of the fold, had two near-surface drill intercepts.
The company said if Phase 1 reveals a prospective outcrop, these areas will be channel sampled. If these results are favourable, it said it will amend its drill program plans to drill test some of these targets.
“After a successful 2021 drill program, we want to start to examine underexplored areas of Wilson,” Haynes added. “We intend to follow this with another 5,000-metre drill program this summer."
Hawkmoon is focused entirely on its two Quebec gold projects. The Wilson gold project is located in one of the world's largest gold endowed areas, the Abitibi Greenstone Belt. The Wilson is accessed by government-maintained roads and is near the east of the town of Lebel-sur-Quevillon. The second project is situated in the Belleterre Gold Camp southwest of Val-d’Or.
Contact the author at stephen.gunnion@proactiveinvestors.com