HAWKEYE Gold & Diamond Inc.

TOP Property Purchase Agreement Update – Yukon

HGO.V — Wed, 10 Oct 2012 17:29:17 +0000

HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE): Vancouver, British Columbia: announces that it has agreed with YES Exploration Syndicate, the vendor of the TOP Property, to further amend payment terms relating to the TOP Property Purchase Option Agreement (POA) dated June 20, 2012. The TOP Property has a NI 43-101-compliant report that concludes the Property has the potential to host an economic gold deposit and is strategically situated within the Carmacks Caldera, a new and developing discovery area play in the Yukon, Canada. The Company can now earn a 100% interest in the Property, by paying the vendor $61,903 in 2012, $100,000 in 2013 and $172,000 in 2014. The 2012 payments may be delayed by one month periods by paying a $5,000 premium payment at the beginning of any month when a payment might be missed.

The POA is subject to a 2% NSR whereby the Company can purchase one of the two percentage points of the NSR for $1,000,000.

“Purchasing the TOP property will allow us more flexibility in planning and staging appropriate exploration programs on this outstanding gold prospect.”, states Greg Neeld, HAWKEYE CEO.

Due to poor market conditions, uncertainty in future market conditions, and certain obligations under the DART and MINT Properties option agreements that management believes the Issuer cannot meet under prevailing market conditions, HAWKEYE has decided to drop its options on the DART and MINT Properties and focus its time and financing efforts on the TOP Property, an outstanding gold prospect.

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 upon the exploration and development of the TOP Property, a gold-silver prospect located in the Yukon, Canada, and DASS Mountain Property, a high grade copper-silver prospect located on Vancouver Island, BC, Canada. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities worldwide, managing our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our ultimate goal is to achieve full time commercial production of our projects, thereby generating significant growth and early returns on investment to maximize shareholder value.

HAWKEYE Grants 140,000 Incentive Stock Options

Debbie — Fri, 31 Aug 2012 20:04:32 +0000

HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”): Vancouver, British Columbia: announces that subsequent to news release #225 dated July 11, 2012, the company has granted additional incentive stock options under its 2011 stock option plan to its directors, officers and consultants of the Company for the purchase of up to 140,000 common shares in the company for a period of ten years at a price of $0.10 per common share expiring on July 9, 2022.

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 upon the exploration and development of its TOP, DART and MINT Properties located in the Yukon, Canada, which are gold and silver prospects and its DASS Mountain Property located on Vancouver Island, BC, Canada which is a high grade copper and silver prospect. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities worldwide, managing our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects for significant growth and early returns on investment to maximize shareholder value.

HAWKEYE Grants 985,000 Incentive Stock Options

Debbie — Wed, 11 Jul 2012 07:02:21 +0000

HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”): Vancouver, British Columbia: announces the company has granted incentive stock options under its 2011 stock option plan to its directors, officers and consultants of the Company for the purchase of up to 985,000 common shares in the company for a period of ten years at a price of $0.10 per common share expiring on July 9, 2022.

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 upon the exploration and development of its TOP, DART and MINT Properties located in the Yukon, Canada, which are gold and silver prospects and its DASS Mountain Property located on Vancouver Island, BC, Canada which is a high grade copper and silver prospect. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities worldwide, managing our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects for significant growth and early returns on investment to maximize shareholder value.

HAWKEYE to purchase TOP Property Yukon

HGO.V — Thu, 05 Jul 2012 07:52:26 +0000

HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE): Vancouver, British Columbia: announces that, due to the encouraging results from its 2011 work program, it has converted its previous option on the TOP property to a purchase option agreement. The TOP Property is strategically situated within the Carmacks Caldera, a new and developing discovery area play in the Yukon, Canada. The Company can now purchase a 100% interest in the TOP Property, net of a 2% NSR, by paying the vendor, YES Exploration Syndicate, $128,000 this year and $172,000 in 2013. The Company has retained the right to purchase one of the two percentage points of the NSR for $1,000,000.

“Purchasing the TOP property will allow us more flexibility in planning and staging appropriate exploration programs on this outstanding gold prospect.”, states Greg Neeld, HAWKEYE’s President & CEO.

The Company also announces that 605,000 incentive stock options that were previously announced but never granted at a price of $0.18 per common share have been cancelled.

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 upon the exploration and development of its TOP, DART and MINT Properties located in the Yukon, Canada, which are gold and silver prospects and its DASS Mountain Property located on Vancouver Island, BC, Canada which is a high grade copper and silver prospect. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities worldwide, managing our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects for significant growth and early returns on investment to maximize shareholder value.

TOP Property’s NI 43-101 Report concludes the property has potential to host economic Yukon Gold Deposit

admin — Fri, 10 Feb 2012 09:14:26 +0000

HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE): Vancouver, British Columbia: announces that it has released its first NI 43-101-compliant report for the company’s TOP Property which HAWKEYE owns an option to purchase a 100% interest in the Property and is located approximately 59 km west-northwest of Carmacks and 207 km northwest of Whitehorse, Yukon. The Property is situated in the Carmacks Caldera which is inferred to be a volcanic-related subsidence structure (collapsed volcano) that hosts significant northwest-trending geological structures and has important gold geochemical signatures and is thought to be the originating source of many of the Yukon’s mineralizing events in the Dawson Gold Belt. The Carmacks Caldera is an underexplored area and is considered to be a new and developing discovery area play in the Yukon. Rockhaven’s Klaza Property adjoins the TOP Property to the south where mineralization in excess of 1.0 gram gold equivalent/tonne over significant widths (3.04 to 36.50 m) were intersected by Rockhaven in 36 of 40 diamond drill holes completed in 2010 and 2011 with one hole intersecting 12.51 m averaging 5.03 g/t gold and 14 g/t silver. Northern Freegold’s Nucleus deposit which has a NI 43-101-compliant Indicated Mineral Resource estimated at 48.5 million tonnes grading 0.70 g/t gold, 0.90 g/t silver, and 0.06% copper, with a cut-off grade of 0.4 g/t is located approximately 12 km north-northeast from the TOP Property. The TOP Property is also situated 20 kilometers northwest of the past producing Mt. Nansen high grade gold-silver mine (556,500 tonnes grading 11.93 g/t gold and 211 g/t silver).

The NI 43-101-compliant Technical Report concludes that the TOP Property’s principal targets are an epithermal gold-silver or a porphyry copper-gold deposit and has the potential to host an economic gold deposit for the following reasons:

1) Carbonatization and silicification of volcanic rocks in the TOP North area show that rocks have been altered by hydrothermal fluids and that the resulting fracturing and chemically enhanced porosity could provide a suitable location for gold precipitation. The movement of gold-bearing hydrothermal fluid through a plumbing system, with the subsequent deposition of the gold from solution, would be necessary for the creation of a gold deposit;

2) Interpreted structural trends coincide with soil anomalies suggesting the presence of structurally controlled mineralization;

3) Significant gold in soil anomalies occur on the Property as do hydrothermal trace element anomalies such as arsenic, antimony, and barium; and

4) The TOP property has lithological and geophysical similarities to nearby gold deposits.

In June and July 2011, HAWKEYE carried out an exploration program that consisted of 1,034 geochemical soil samples, 25 geochemical rock samples, and approximately 12 km of prospecting and reconnaissance geological traverses. Work was concentrated in two areas designated TOP North and TOP South, covering approximately 20% of the Property.

TOP North Area

In the TOP North area, soil results show that anomalous gold values occur across the sampled area, but are concentrated in an arc located to the east, south, and west of the central plutonic granitic knoll. Gold and barium distribution appears to be closely associated. Copper values are low and widely scattered, but distribution is similar to gold and barium. Historically, gold values from soil sampling are considered significant when greater than .020 ppm. Gold values from soil sampling on the Property range from <0.005 up to 0.112 ppm, silver values ranged from <0.1 ppm to 0.5 ppm, copper values from 4 ppm to 80 ppm, molybdenum <1 to 18 ppm, Antimony from <2 ppm to 16 ppm, barium from 21 ppm to 1035 ppm, and arsenic from 5 ppm to 202 ppm.

Map 1 – Gold, Molybdenum, and Copper Soil Geochemistry

Map 2 – Gold, Silver, Arsenic and Antimony Soil Geochemistry

Map 3 – Gold, Antimony and Barium Soil Geochemistry

Top North Rock Analyses – showing the following value ranges in Table 1 below:

TOP South Area

In the TOP South area, zinc, manganese, and lead values are scattered across the sampled area, but show clusters in the eastern and western portions of the sampled area. These three elements show a close positive association where high values of one element are closely associated with high values of the other elements. Soil samples analysis returned values of lead ranging from <2 ppm to 166 ppm, zinc from <2 ppm to 246 ppm, and manganese from <5 ppm to 7,817 ppm.

Map 4 – Lead, Zinc and Manganese Soil Geochemistry

Top South Rock Analyses – showing the following value ranges in Table 2 below:

The technical information in this news release has been reviewed and approved by Mr. Ed Harrington (P.Geo.) who is hereby identified as HAWKEYE’s “Qualified Person”, as defined by NI 43-101, for the TOP Property.

The NI 43-101-compliant report for HAWKEYE’s TOP Property can be viewed at www.sedar.com or on our website at www.hawkeyegold.com.

The Company is very encouraged by the results of its 2011 work program over the TOP Property and looks forward to advancing the Property to the drilling stage.

Further news will be forthcoming with regards to the Company’s 2012 work program on its TOP Property.

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 upon the exploration and development of its TOP, DART and MINT Properties located in the Yukon, Canada, which are gold and silver prospects and its DASS Mountain Property located on Vancouver Island, BC, Canada which is a high grade copper and silver prospect. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities worldwide, managing our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects for significant growth and early returns on investment to maximize shareholder value.

HAWKEYE receives TSX acceptance for drill ready DASS Property

HGO.V — Thu, 19 Jan 2012 19:06:57 +0000

HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE): Vancouver, British Columbia: announces that it has received TSX Venture Exchange acceptance for an Option Agreement (initially announced in news release 219) between HAWKEYE and Walter Crombie whereby the Company may acquire a 100% interest in the DASS Property which totals 1,260.34 hectares (3,134.07 acres). The Property is drill ready and is a high grade copper (Cu) and silver (Ag) prospect located on northwest central Vancouver Island, BC, situated approximately 30 km southwest of Campbell River.

Consideration for the DASS Property is $1,049,750 cash payable over 5 years.

Further news will be forthcoming.

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 upon the exploration and development of its TOP, DART and MINT Properties located in the Yukon, Canada, which are gold and silver prospects and its DASS Mountain Property located on Vancouver Island, BC, Canada which is a high grade copper and silver prospect. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities worldwide, managing our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects for significant growth and early returns on investment to maximize shareholder value.

HAWKEYE closes 1st Tranche Private Placement

HGO.V — Fri, 30 Dec 2011 19:34:24 +0000

HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE) announces that it has received TSX Venture Exchange acceptance and closed upon the first tranche of a non-brokered private placement initially announced July 28, 2011 through news release 217 and as amended by news release 220 on November 15, 2011. This first tranche closed by the Company issuing 4,093,636 Units in the capital of the Company at a price of $0.055 per share (Cdn.) raising the company total proceeds of $225,150. Each Unit consists of one (1) common share and one share purchase warrant. Each warrant entitles the holder to purchase one (1) additional share at a price of $0.10 per share prior to 4:30 p.m. (PST) on September 20, 2012 and for $0.15 per share thereafter prior to 4:30 p.m. on June 20, 2013 at which time the Warrants will expire; provided that if at any time after December 20, 2011 (the “Closing Date”) the Corporation’s Shares have a closing price of Cdn. $0.20 or more per share for fifteen (15) consecutive trading days on the TSX-V, the Corporation shall be entitled to give notice to the holders of the Warrants, that the Warrants will expire 15 days from the announcement of such notice unless exercised before the expiry of that period, and in such event all unexercised Warrants will expire at 4:30 p.m. (PST) on the last day of such 15 day period.

In connection with the closing of the first tranche of this private placement the Issuer has paid cash finder’s fees totaling $21,725 and issued finder’s warrants to purchase up to 395,000 common shares in the capital of the Company at a price of $0.10 per share prior to 4:30 p.m. (PST) on June 20, 2013.

All securities issued in connection with this private placement are subject to a four (4) month hold expiring April 20, 2012.

Proceeds from the private placement will be used for general working capital and work program property expenditures.

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 upon the exploration and development of its TOP, DART and MINT Properties located in the Yukon, Canada, which are gold and silver prospects and its DASS Mountain Property located on Vancouver Island, BC, Canada which is a copper and silver prospect. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities worldwide, managing our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects for significant growth and early returns on investment to maximize shareholder value.

HAWKEYE amends Private Placement

HGO.V — Wed, 16 Nov 2011 06:29:34 +0000

HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) announces subsequent to news release 217 whereby the Company announced a non-brokered private placement for $300,000 at a price of $0.13 per share that it has amended the terms of the placement. Management has arranged for the placement to be amended by HAWKEYE selling up to 8,181,818 Units in the capital of the Company at a price of $0.055 per share raising the company total proceeds of $450,000. Each Unit will consist of one (1) common share and one share purchase warrant. Each warrant will entitle the holder to purchase one (1) additional share at a price of $0.10 prior to 4:30 p.m. (Vancouver time) on the date which is nine (9) months from closing and $0.15 per share prior to 4:30 p.m. on the date which is nine months from the end of the first nine month period at which time the Warrants will expire; provided that if at any time after the Closing Date the Corporation’s Shares have a closing price of Cdn. $0.20 or more per share for fifteen (15) consecutive trading days on the TSX-V, the Corporation shall be entitled to give notice to the holders of the Warrants, that the Warrants will expire 15 days from the announcement of such notice unless exercised before the expiry of that period, and in such event all unexercised Warrants will expire at 4:30 p.m. (Vancouver Time) on the last day of such 15 day period.

The private placement will be subject to a four (4) month hold from closing and completion is subject to receipt of applicable regulatory approvals and finder’s fees may be paid on a portion of the offering. Proceeds from the private placement will be used for general working capital and work program property expenditures.

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 upon the exploration and development of its TOP, DART and MINT Properties located in the Yukon, Canada. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities worldwide, managing our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects for significant growth and early returns on investment to maximize shareholder value.

HAWKEYE ACQUIRES DRILL READY HIGH GRADE PROPERTY

HGO.V — Thu, 03 Nov 2011 09:50:45 +0000

HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) announces that it has signed a binding Letter Agreement to acquire an option on the DASS Mountain and Klaskino Inlet Properties. Under the terms of the Letter Agreement HAWKEYE can acquire a 100% interest in the DASS Mountain claims which are located in a mineralized mining district on northwest central Vancouver Island, BC, situated approximately 30 km southwest of Campbell River. The DASS Mountain claims are situated approximately 150 km south of the past producing Island Copper Mine (BHP Minerals) which was located sixteen (16) kilometres south of Port Hardy. The Island Copper Mine was a 50,000 tonnes per day open-pit copper mine that opened in 1971 and closed in 1995. More than one billion tonnes of rock was removed from the open-pit and the mine produced metal concentrates containing more than 1.3 million tonnes of copper (2,705,800,366 pounds), 31,000 tonnes of molybdenum (70,569,657 pounds), 31.7 tonnes of gold (1,133,878 ounces), 336 tonnes of silver (9,455,712 ounces) and 520 pounds of Rhenium. By the time the mine closed in 1995, Island Copper was the third largest mine in Canada and had remaining reserves estimated at 23.4 million tonnes grading 0.33% copper (Cu), 0.02% molybdenum (Mo), 0.16 g/t gold (Au) and 1.2 g/t silver (Ag). The DASS Mountain Property is also situated approximately 35 km north of the Myra Falls Mine which has been producing average ore concentration of 5.4% zinc (Zn), 0.5% lead (Pb), 1.0% copper (Cu), 45 g/t silver (Ag) and 1.3 g/t tonne gold (Au) since 1966.

With regards to the Klaskino Inlet Property, HAWKEYE can acquire a 100% interest in these claims which are also located on Vancouver Island situated approximately 45 km southwest of Port Alice. The Klaskino Inlet Property is subject to a nine (9) month option period whereby the Company has nine months from TSX Venture acceptance of the DASS Mountain Property Option Agreement to give notice to the Optionor that it wishes to enter into a formal Option Agreement to acquire a 100% interest in the Klaskino Inlet Property.

Recently the Company and its consulting geologist made property visits to the DASS Mountain and Klaskino Inlet Properties with the vendor of the claims. During the site visits a total of thirteen (13) rock samples were taken by the company from the DASS Mountain Property and were submitted to Acme Labs in Vancouver for analysis. Assay results received from Acme Labs for the 13 rock samples reported copper (Cu) values ranging from 1.079% to as high as 20.761% and silver (Ag) values ranging from 0.4 to 43.1 g/t. The table below indicates assay results for values received on a per sample basis.

Property	Sample	Cu %	Ag ppm (g/t)	Sample	Cu %	Ag ppm (g/t)
DASS Mountain	D11-1	20.761	40.1	UC2-1	7.828	20.1
DASS Mountain	D11-2	0.16	0.4	UC2-2	15.747	43.1
DASS Mountain	D11-3	3.372	6.1	UC2-3	1.968	5.7
DASS Mountain	D11-4	3.677	5.1	UC2-4	6.146	16.1
DASS Mountain	D11-5	15.389	33.5	UC2-5A	1.079	3.1
DASS Mountain	D11-6	2.201	3.3	UC2-5B	0.90	2.6
DASS Mountain	D11-7	8.936	12.8	UC2-6	7.099	20.7

Details of the DASS Mountain Option Agreement will be disclosed upon TSX acceptance for the acquisition.

The company intends to drill the DASS Mountain Property this fall.

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 upon the exploration and development of its TOP, DART and MINT Properties located in the Yukon, Canada. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities worldwide, managing our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects for significant growth and early returns on investment to maximize shareholder value.

Visit our new website at www.hawkeyegold.com to learn more about the Company and its Properties.

SCOTIA PROPERTY AGREEMENT LAPSES

HGO.V — Thu, 06 Oct 2011 18:44:58 +0000

HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) announces that its Scotia Property Agreement with the Optionor of the Property has lapsed and that the Company will have no further commitments or future interest in the Property. The Company had to make a second year property payment to the Optionor of the Property and had requested an extension in time in which to make the payment but the extension was not granted and the Property was returned to the Optionor.

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 upon the exploration and development of its TOP, DART and MINT Properties located in the Yukon, Canada. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities worldwide, manage our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects for significant growth and early returns on investment to maximize shareholder value.

Visit our new website at www.hawkeyegold.com to learn more about the Company and its Yukon properties.