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Hawkmoon Resources Corp
Symbol HM
Shares Issued 70,411,337
Close 2022-07-06 C$ 0.03
Market Cap C$ 2,112,340
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Hawkmoon Resources begins trenching at Wilson

2022-07-07 12:15 ET - News Release

Mr. Branden Haynes reports

HAWKMOON BEGINS TRENCHING ON WILSON

Thomas Clarke, Hawkmoon Resources Corp.'s vice-president of exploration, is now at the Wilson gold property to supervise the commencement of the trenching program at the property. The trenching is proposed to examine a series of targets of interest in underexplored areas of the property. Gold showings on the property are present at the interface of volcanic rocks and a gabbro sill. These rocks have been folded into a large structure with both the Toussaint and Midrim gold showings situated on the southern limb of this fold structure.

The trenching will focus primarily on the northern limb of the fold structure as well as at other targets on the property. As little work has been done on the northern limb, it is much more cost-effective, at this stage, to trench and clear the surface cover as a first phase of exploration work.

Hawkmoon will commence the trenching by trying to locate the old drill collar of VP 94-51 and working outward from this known starting point. Two near-surface gold intercepts in this old hole identified a gold zone as outlined in the attached that Hawkmoon plans to attempt to map along strike. Hole VP 94-51 was drilled before the introduction of National Instrument 43-101 and the results are treated as historical.

After examining this old hole, Hawkmoon plans on targeting following zones at sections spaced approximately 50 metres:

  • Gabbro-volcanics contact;
  • Northern limit of the gold zone identified in historical drill hole VP 94-51;
  • Southern limit of the gold zone identified in historical drill hole VP 94-51;
  • Induced polarization anomalies with a moderate metallic factor (chargeability and resistivity) from an IP survey completed in 2011 by Viking Gold.

Hawkmoon anticipates commencing drilling on Wilson in the middle of July. The company has contracted Faubert & Fils Inc. for diamond drilling services. The company used Faubert & Fils for each of its previous drill programs at the property and at the Lava project near Belleterre, Que.

Branden Haynes, president of Hawkmoon, states: "July is the start of our summer work season, and the company is looking forward to positive results. The objective of the trenching program is to extend a historical gold zone, aiming to dig around the contact between the volcanics and gabbro and examine a series of IP anomalies with a favourable signature."

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 Mr. Clarke, PGeo, PrSciNat. Mr. Clarke is a qualified person under NI 43-101 and is a director and the vice-president, exploration, of Hawkmoon.

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