🕐09.03.11 - 17:54 Uhr
Hawkeye Gold (HGO.v) Enters New Yukon Gold Rush
HAWKEYE GOLD & DIAMOND INC.
ENTERS NEW YUKON GOLD RUSH
Symbol C : HGO <../Quote/Detail.aspx?symbol=HGO®ion=C>
Shares Issued 15,771,547
Hawkeye Gold & Diamond Inc.
has entered the new Yukon gold rush by
executing three separate letter agreements to acquire a 100-per-cent
interest in each of the Dart, Mint and Top properties from the Yes
Exploration Syndicate Inc.
The properties are situated in the Carmacks
Caldera located 125 kilometres northwest of Whitehorse.
The Carmacks
Caldera is inferred to be a volcanic-related subsidence structure
(collapsed volcano) that hosts significant northwest-trending geological
structures and has important gold geochemical signatures.
The Top property totals 4,511 hectares located 12 kilometres southwest
of Northern Freegold Resources Nucleus gold-silver-copper deposit (1.4
million ounces AuEq) and 20 kilometres northwest of the past-producing
Mt.
Nansen high-grade gold-silver mine (556,500 tonnes grading 11.93
grams per tonne (g/t) gold and 211 g/t silver).
The Top is situated
along a northwest-trending fault structure that appears to be the
structure that passes through the Mt Nansen mine area to the southeast.
Top is 59 km northwest of Carmacks and 207 km northwest of Whitehorse.
The Dart property totals 500 hectares and is located 58 km southwest of
Carmacks and 175 km north-northwest of Whitehorse.
The property is
underlain by a significant magnetic high anomaly, which occurs at the
intersection of northwest- and northeast-trending fault structures.
Dart
has significant gold geochemical anomalies in streams draining the
property.
The property is situated approximately 22 kilometres
south-southwest of the Mt.
Nansen gold-silver mine.
The Mint property totals 1,900 hectares and is located 20 km southwest
of Carmacks and 153 km northwest of Whitehorse.
The property is situated
approximately 39 km southeast of the Mt.
Nansen gold-silver mine.
The
Mint is located at the intersection of several northwest and northeast
fault structures.
A strong stream sediment gold anomaly (301 parts per
billion (ppb)) is found in a stream draining the north end of the property.
Consideration for the properties will be disclosed upon TSX Venture
Exchange acceptance for the properties.
The letter agreements for the Dart, Mint and Top properties are subject
to the company completing definitive option agreements and TSX-V
acceptance.
Ed Harrington, PGeo, a qualified person as defined by NI
43-101, has reviewed this news release and approves all scientific and
technical disclosure.
"Greg Neeld"
President & CEO
Toll Free: 1-800-665-3624 Email:
Vancouver: 1-604-878-1339 Web Site: www.hawkeyegold.com
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