14:13:28 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Hawkmoon Resources Corp
Symbol HM
Shares Issued 70,411,337
Close 2022-05-03 C$ 0.045
Market Cap C$ 3,168,510
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Hawkmoon completes year 1 payment to Cartier

2022-05-03 12:34 ET - News Release

Mr. Branden Haynes reports

HAWKMOON COMPLETES YEAR 1 ANNIVERSARY PAYMENT AND SHARE ISSUANCE FOR WILSON

Hawkmoon Resources Corp., pursuant to its option respecting the Wilson gold project, has issued 700,000 common shares to Cartier Resources Inc. and paid $150,000 in cash to Cartier. In order to satisfy its year 1 obligations under the option, Hawkmoon is required to complete 3,000 metres of diamond drilling on Wilson as indicated in the attached table. To date, the company has completed 5,000 metres of drilling for a cost of approximately $800,000, with another 5,000 metres planned for this summer.

"Hawkmoon Resources is pleased to be the first company to option one of Cartier's properties," stated Branden Haynes, president of Hawkmoon. "Over the years, Cartier has assembled an impressive collection of gold projects in Quebec and we firmly believe that Wilson is one of them. The company has an excellent working relationship with Cartier and appreciates their support," added Mr. Haynes.

About Hawkmoon Resources Corp.

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 project is accessed by government-maintained roads and is in close proximity to the east of the town of Lebel-sur-Quevillon. The second project is situated in the Belleterre gold camp southwest of Val d'Or.

Qualified person

The technical information in this news release has been reviewed and approved by Thomas Clarke, PGeo, PrSciNat. Mr. Clarke is a qualified person under National Instrument 43-101 and is a director and the vice-president of exploration for Hawkmoon.

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