Hawkmoon Resources Corp. (CSE:HM) (FSE:966) is pleased to announce that has commenced drilling on the 48-claim (2,449-hectare) Lava Gold property situated approximately 20 kilometres west of Belleterre in the Abitibi-Timiskaming region of Québec. The property covers the Lavallée 38, 39, 40 and 41 showings which expose multiple quartz veins, breccias and stockworks within the northeast trending Lavallée Shear Zone (LSZ).
The 10-hole, 1000-metre drill program will target the LSZ over a 400-metre horizontal distance down to a maximum vertical depth 100 metres. Only one of three holes drilled in this area in 2007 intersected the LSZ with an interval of 0.6 grams per tonne gold over 11.4 metres from 8.64 metres1. The other two holes missed the zone completely. Hawkmoon engaged a geophysical consultant to complete 2-D modelling of the 2007 induced polarization and resistivity data2. This interpretation work has very precisely defined a chargeability zone that appears to correspond to the downward extent of the LSZ on surface. The drilling will test this chargeability zone for gold mineralization at regular intervals along the trend of the LSZ. The Lava Gold property is located to the west of the Belleterre gold mining camp and its greenstone belt and is underlain by tonalite that might host potential orogenic gold‐type mineralization.
Figure 1: CEO Branden Haynes on the Lava Gold Property
Branden Haynes, President of Hawkmoon, states “We are very pleased have started a drill program on the Lava project within only two months of completing the drilling at our flagship Wilson project.” See October 5 and 13, 2021, press-releases.
Hawkmoon is focused entirely on its three Quebec gold projects. Two of these projects are in one of the world’s largest gold deposits, the Abitibi Greenstone Belt. Both these gold projects are accessed by government-maintained roads and are in close proximity to each other east of the town of Lebel sur Quévillon. The third project is situated in the Belleterre Gold Camp southwest of Val-d’Or.
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We acknowledge the [financial] support of the Government of Canada.