|June 30th, 2011
News Release No. 214
|TSX Venture Exchange - HGO
CUSIP NO : 42016R 30 2
HAWKEYE COMMENCES WORK PROGRAM ON TOP PROPERTY, YUKON
HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) is pleased to announce that its 2011 summer work program has commenced over the TOP property, a 216 claim, 4511 hectare epithermal gold-silver target on the northern edge of the Carmacks Caldera area, Yukon. YES Exploration Syndicate, the optionor, is operator on the project.
The TOP Property is situated approximately 20 km northwest of the now decommissioned Mt. Nansen gold mine, which contained an estimated 556,500 tonnes grading 11.93 g/t gold and 211 g/t silver. The multiple vein-type porphyry- and breccia-related deposits at Mt Nansen are linked to northwest-trending faults associated with strong magnetic anomalies in the immediate vicinity of northeast-striking cross faults.
Located along a northwest-trending fault structure that appears to pass through the Mt Nansen mine area to the southeast, the TOP Property is cut by northeast-trending structures that intersect the main northwest-trending structure in several locations. The Property is underlain by a large, slightly elongated, bull’s-eye magnetic high anomaly.
Past work identified several gold anomalies found in creeks throughout the property and significant gold anomalies have been found in soils. Visit our new website at www.hawkeyegold.com to learn more about the TOP Property and to view maps that show the location and grade of these anomalies.
The 2011 program consists of soil sampling, rock sampling, prospecting, and geological mapping to follow up on previous work and identify new targets.
Technical content has been approved by Edward Harrington, P.Geo, a Qualified Person as defined by NI 43-101 and the person planning and supervising the 2011 work.
About the Company
HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in Vancouver, British Columbia, Canada and is publicly traded on the TSX Venture Exchange under the trading symbol HGO. The Company is currently focused on the exploration and development of its TOP, DART and MINT Properties located in the Yukon and its Scotia Property situated in northwest British Columbia, Canada. HAWKEYE’s corporate philosophy is to build strong asset value through the exploration, development and ultimate production of its various mineral projects and creating value for our shareholders.
HAWKEYE GOLD & DIAMOND INC.
President & CEO
Neither 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.