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Hawkmoon Resources Corp
Symbol HM
Shares Issued 70,411,337
Close 2022-08-29 C$ 0.03
Market Cap C$ 2,112,340
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Hawkmoon completes 3,001-metre drill program at Wilson

2022-08-30 12:18 ET - News Release

Mr. Branden Haynes reports

HAWKMOON RESOURCES COMPLETES DRILLING ON WILSON GOLD PROPERTY

Hawkmoon Resources Corp. has completed a 3,001-metre summer drill program at its Wilson gold property. The property is situated approximately 15 kilometres east of the town of Lebel-sur-Quevillon and 170 kilometres northeast of Val d'Or, Que.

Hawkmoon commenced the program in the middle of July. Refer to the drill program summary and mineralization characteristics below. Hawkmoon has submitted four holes to ALS Global in Val d'Or, Que. The final six holes are expected to be delivered to the lab in the near future. The company anticipates disseminating gold assay values in batches as they become available.

Drill program summary

  • Hawkmoon drilled a total of 3,001 metres at Wilson.
  • Ten holes were completed, with an average depth of 300 metres per hole.
  • A total of approximately 650 samples (including standards, duplicates and blanks) were sent to ALS Labs in Val d'Or.
  • Hawkmoon employed the same quality assurance program and quality control measures as in 2021. After 20 samples, a duplicate, standard and blank was included.

Mineralization characteristics

  • Mineralized zones were noted in all 10 holes; at times, more than one zone was seen per hole.
  • The zones had the same characteristics as the 2021 drill program.
  • The key aspects were strong foliation, strong fracturing, parallel quartz veinlets, pyrite plus or minus chalcopyrite plus or minus pyrrhotite plus or minus visible gold locally.
  • Alteration of the zones was dominated by strong sericite and calcite alteration, with lesser amounts of chlorite, ankerite and haematite alteration.

Branden Haynes, president of Hawkmoon, states: "We are very happy with our second drill program at the Wilson property. Hawkmoon has been able to accomplish a great deal with the funds invested into work at the property. The company appreciates the hard work of the drillers, contractors, suppliers and all others involved in completing the work efficiently and professionally. We look forward to receiving and reporting the assay results over the upcoming months."

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 (NI) 43-101; he is a director and the vice-president of exploration of Hawkmoon.

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. Wilson 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.

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