- HAWKEYE Gold & Diamond Inc. - http://www.hawkeyegold.com -

HAWKEYE RECEIVES TSX.V ACCEPTANCE FOR ITS THIRD PROPERTY ACQUISITION IN THE GOLDEN TRIANGLE, BC, CANADA

Posted On December 13, 2017 @ 05:24 In News

Vancouver, British Columbia, Canada – HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) (TSX.V-HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN: A12A61): is pleased to announce that it has received TSX Venture Exchange acceptance for the acquisition of a 100% interest in the 6,552-hectare Boomerang Project (the “Property”) which is HAWKEYE’s third property acquisition located in The Golden Triangle of northwestern British Columbia, Canada. The Property, which is situated approximately 30 kilometres south of Telegraph Creek and northeast of Yehiniko Lake, contains numerous drainages with highly anomalous gold values reported in regional stream geochemistry programs.

The Property occurs in the Stikine Terrane and the principal geological units underlying the claims comprise the Triassic to Jurassic-age Hazelton and Stuhini Groups with precious and base metal mineralization commonly associated with structural controls or porphyry systems within and adjacent to intrusions. The Property is positioned approximately 25 kilometres northwest of Teck and Copper Fox’s Schaft Creek deposit which is hosted by Stuhini lithologies cut by the Hickman intrusion.

The Boomerang Property acquisition, which was originally announced December 6, 2017 (news release No. 285 – 2017 [1]), is subject to a $10,000.00 cash payment and the issuance of 100,000 shares and a further 250,000 share issuance should the project proceed to a pre-feasibility study. The acquisition is not subject to an NSR.

Qualified Person

Greg Davison, M.Sc., P.Geo., Senior Technical Advisor to HAWKEYE is the Company’s designated Qualified Person within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101″). Mr. Davison has prepared, reviewed and validated that the technical information contained within this release is accurate.

About HAWKEYE

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 HAWK and the Frankfurt Exchange under the ticker HGT; ISIN# CA42016R3027 and WKN# A12A61. HAWKEYE’s corporate mandate is to build strong asset growth and shareholder value through the acquisition of low-cost, high-potential cash flow and production opportunities with blue sky discovery potential, and to manage our business in an environmentally responsible manner while contributing to the local community and economy.


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URL to article: http://www.hawkeyegold.com/2017/12/hawkeye-receives-tsx-v-acceptance-for-its-third-property-acquisition-in-the-golden-triangle-bc-canada/

URLs in this post:

[1] news release No. 285 – 2017: http://www.hawkeyegold.com/?p=8707

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