dorado
13 years ago
HAWKEYE GOLD ANNOUNCES $300,000 PRIVATE PLACEMENT
Symbol C : HGO
Shares Issued 16,795,534
HAWKEYE Gold & Diamond Inc. (the "Company" or "HAWKEYE") announces that it has arranged for a non-brokered private placement to sell up to 2,307,692 Units in the capital of the Company at a price of $0.13 per Unit for total proceeds of $300,000 (Cdn.). Each Unit shall consist of one (1) common share in the capital of the Corporation and one share purchase warrant. Each Warrant will entitle the holder to purchase one (1) additional Share for $0.25 at any time prior to 4:30 p.m. (Vancouver time) on the date which is eighteen months from the Closing Date, at which time the Warrants will expire; provided that if at any time after the Closing Date the Corporation's Shares have a closing price of Cdn. $0.35 or more per share for thirty (30) consecutive trading days on the TSX-V, the Corporation shall be entitled to give notice to the holders of the Warrants, that the Warrants will expire 30 days from the announcement of such notice unless exercised before the expiry of that period, and in such event all unexercised Warrants will expire at 4:30 p.m. (Vancouver Time) on the last day of such 30 day period.
The private placement will be subject to a four (4) month hold from closing and completion is subject to receipt of applicable regulatory approvals and finder's fees may be paid on a portion of the offering. Proceeds from the private placement will be used for general working capital and work program property expenditures.
About the Company
HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in Vancouver, British Columbia, Canada and is publicly traded on the TSX Venture Exchange under the trading symbol HGO. The Company is currently focused on the exploration and development of its TOP, DART and MINT Properties located in the Yukon and its Scotia Property situated in northwest British Columbia, Canada. HAWKEYE's corporate philosophy is to build strong asset value through the exploration, development and ultimate production of its various mineral projects intending to significantly increase shareholder value.
Visit our new website at www.hawkeyegold.com to learn more about the Company and its properties.
HAWKEYE GOLD & DIAMOND INC.
Toll Free: 1-800-665-3624 Email: hgo@hawkeyegold.com
Vancouver: 1-604-878-1339 Web Site: www.hawkeyegold.com
dorado
13 years ago
Hawkeye Gold starts work program on Dart and Mint
2011-07-18 09:37 ET - News Release
Mr. Greg Neeld reports
HAWKEYE COMMENCES WORK ON DART AND MINT PROPERTIES, YUKON
Hawkeye Gold & Diamond Inc. has commenced its 2011 summer work program over its Dart and Mint properties on which the company owns an option to purchase a 100-per-cent interest. 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 DART property totals 624 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. The DART has significant gold geochemical anomalies in streams draining the property. The DART is an epithermal gold-silver and porphyry copper-gold target type. The Property is situated approximately 22 kilometers south-southwest of the past producing Mt. Nansen high grade gold-silver mine (556,500 tonnes grading 11.93 g/t gold and 211 g/t silver) and 52 kilometers southwest of Northern Freegold Resources' Nucleus gold-silver-copper deposit (1.4 million ounces AuEq).
The MINT Property totals 1,830 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 north-east fault structures. A strong stream sediment gold anomaly (301 ppb) is found in a stream draining the north end of the Property. The MINT Property is also an epithermal gold-silver and porphyry copper-gold target type.
The 2011 program consists of soil sampling, rock sampling, prospecting, and geological mapping to identify new targets. YES Exploration Syndicate, the optionor, is operator on the project.
Technical content has been approved by Edward Harrington, PGeo, a Qualified Person as defined by NI 43-101 and the person planning and supervising the 2011 work.
Visit our new website at www.hawkeyegold.com to learn more about the Company and its DART and MINT Properties.
Toll Free: 1-800-665-3624 Email: hgo@hawkeyegold.com
Vancouver: 1-604-878-1339 Web Site: www.hawkeyegold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
dorado
13 years ago
Hawkeye Gold & Diamond Inc. (HGO.V)
Total Issued: 15,000,000, TSX: HGO.V, Area: Yukon Gold Rush
Now Commencing the 2011 Summer Work Program at the TOP Property, a 4511 Hectare Epithermal Gold-Silver Target on the Northern Edge of Yukon’s Carmacks Caldera.
Hawkeye Gold & Diamond identifies and acquires low-cost high potential mining opportunities worldwide. In 2011, the company became focused on becoming a leader in Yukon’s 21st Century Gold Rush, acquiring options on 3 properties in Yukon’s Carmacks Caldera.
Highlights
• Agreements recently approved (May, 2011) for 3 very prospective gold and silver properties located in Canada’s Yukon.
• $907,750 financing closed in March (oversubscribed, 6,051,670 Units @ $0.15 / Unit).
• Low shares outstanding (15.7 million shares outstanding following financing) trading @ $0.12.
• Exposure to the large Carmacks Caldera area, an underexplored but highly promising area of the Yukon (i.e. similarity with other gold rich calderas of the world, significant gold anomalies present, structural trends present, a past producer which was the richest Au/Ag mine in the Yukon).
• Now commencing important work program (announced June 30, 2011).
• Yukon is very mining friendly, with favorable mining and tax laws, good infrastructure. Yet it is underexplored, with over 20 million ounces of placer gold production and the bedrock source for all placer gold continuing to remain a mystery.
• There is now a gold rush going on in the Yukon, with 79,993 claims staked in 2010, exploration expenditures exceeding $160 Million in 2010, two new gold districts recently discovered (Dawson Range Gold District, Selwyn Basin Gold District), and significant major recent discoveries by Kaminak, Atac, Underworld Resources, and others
The Carmack Caldera Region, Yukon
Hawkeye is now active in and around the Carmack Caldera, a large (60km x 100 km), underexplored area situated in the basin of a collapsed volcano. In May, Hawkeye received TSX Venture Exchange (TSX-V) acceptance for filing of three separate but identical Option Agreements to acquire a 100% interest in each of the TOP, DART, and MINT Properties. The properties are situated in the Carmacks Caldera located 125 km northwest of Whitehorse. The Carmacks Caldera is inferred to be a volcanic-related subsidence structure (collapsed volcano) that is believed to be highly prospective for gold and silver for several reasons.
• Many economically important ore deposits in the western United States and in other parts of the world, are found within Collapsed Calderas (i.e. Lihir Island, Porgera, Round Mountain, Cadia Ridgeway).
• Located in the Carmacks Caldera, Mt. Nansen is the richest Au/Ag past producer in the Yukon – 446,549 tons @ 17g/t AuEq.
• Both NW/SE and NE/SW structural trends are present in the Caldera. NW trending structures are the main structural trends that host mineralization at the White Gold, Coffee, Casino, Mt. Freegold discoveries and at Mt. Nansen. Secondary NE trending structures have also been linked to gold deposition in the Dawson Range The Caldera has both of the these trends.
• The Carmack Caldera has the strongest group of gold anomalies as well as the strongest PCA anomaly in the Yukon.
• The Manganese (Mn) geochemical profile may be reflecting epithermal nature of the area.
• Important gold geochemical signatures are present.
• Strongest group of gold anomalies in the Yukon (highest 1% of gold anomalies in South Yukon).
For More Information on Hawkeye Gold:
Toll Free: 1-800-665-3624 Email: simonlea@hawkeyegold.com
Vancouver: 1-604-878-1339 Web Site: www.hawkeyegold.com
dorado
13 years ago
SCOTIA PROPERTY WORK PROGRAM RESULTS
July 11, 2011 TSX Venture Exchange - HGO
Issued: 15,771,547 shares
HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) is pleased to announce that it is in receipt of results for a prospecting and geochemical sampling program for work that was performed on its Scotia Property. The Company can earn up to a 60% interest in the Scotia massive sulphide Property which totals 8,366.41 hectares and is located 42 kilometers east-southeast of Prince Rupert situated in the Skeena mining district of British Columbia. The Scotia Property is a poly-metallic zinc, lead, silver, gold and copper massive sulfide project and has incurred previous drilling over its known mineralized zone known as the Albere Zone.
A resource estimate utilizing a 1% Zinc cut-off for the Albere Zone conducted by Giroux Consultants Ltd. (2009) is incorporated into a 43-101 report announced by HAWKEYE's partner Geo Minerals Ltd. (TSX.V: GM) via a news release dated January 11, 2010 has estimated that the Measured + Indicated resource within the Mineralized Shell is 802,000 grading 4.87% Zn, 13.87 g/t Ag, 0.53% Pb, 0.09% Cu and 0.17g/t Au. The Total Measured plus Indicated Resource for the Albere Zone was calculated to be 876,000 tonnes grading 4.35% Zn, 12.29 g/t Ag, 0.47% Pb, 0.08% Cu, and 0.15 g/t Au.
The same resource estimate indicates that there is an additional 702,000 tonnes within the mineralized shell at the Albere Zone classed as Inferred grading 4.47 % Zn, 13.74 g/t Ag, 0.45 % Pb, 0.10 % Cu, and 0.19 g/t Au. No economic parameters have been defined by the current Resource Estimate as to an appropriate cut-off for various types of mining. The Albere zone is open on strike to the northwest and open down dip to the west.
A multi-parameter airborne geophysical survey was conducted over the Scotia Property during August, 2008. The airborne geophysical survey identified five first order anomalies, including the outcropping Albere Zone and approximately 14 secondary anomalies and anomalous trends. A geochemical sampling program was conducted during fall, 2010 to test selected airborne anomalies to determine if polymetallic geochemical anomalies are present.
The 2010 field exploration program consisted of a geochemical survey targeted on selected Airborne Anomalies similar to the anomaly generated by the Albere zone. A total of 64 rock chip, 136 moss mat - active stream sediment and 67 soil samples were taken. Samples were flown by helicopter to Prince Rupert and transported by truck and delivered to Acme labs processing facility on Powell Street, Vancouver for analysis.
Page Two
July 11, 2011
Scotia Property Work Program Results
Virtually all Airborne Anomalies sampled returned geochemically anomalous or elevated values for the various sample types taken and values of over 1,000 ppm Zn were encountered from “in place” rock chip sampling in the general vicinity of the Albere Zone.
Additional prospecting and follow-up geochemical sampling is warranted to attempt to discouver clustered VMS occurrences similar to the Albere Zone that may be present on the property.
Mr. Arne O. Birkeland, P.Eng., acting as Qualified Person as defined by National Instrument 43-101 for the Scotia Property is responsible for the technical information reported in this news release.
Further news will be forthcoming.
About the Company
HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in Vancouver, British Columbia, Canada and is publicly traded on the TSX Venture Exchange under the trading symbol HGO. The Company is currently focused on the exploration and development of its TOP, DART and MINT Properties located in the Yukon and its Scotia Property situated in northwest British Columbia, Canada. HAWKEYE's corporate philosophy is to build strong asset value through the exploration, development and ultimate production of its various mineral projects and creating shareholder value for our shareholders.
HAWKEYE GOLD & DIAMOND INC.
Per:
"Greg Neeld"
President & CEO
Toll Free: 1-800-665-3624 Email: hko@hawkeyegold.com
Vancouver: 1-604-878-1339 Web Site: www.hawkeyegold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
dorado
13 years ago
HAWKEYE GOLD (HGO.v) COMMENCES WORK PROGRAM ON TOP PROPERTY, YUKON
Hawkeye Gold & Diamond Inc.'s 2011 summer work program has commenced over the Top property, a 216-claim, 4,511-hectare epithermal gold-silver target on the northern edge of the Carmacks Caldera area, Yukon. YES Exploration Syndicate, the optionor, is operator on the project.
The TOP Property is situated approximately 20 km northwest of the now decommissioned Mt. Nansen gold mine, which contained an estimated 556,500 tonnes grading 11.93 g/t gold and 211 g/t silver. The multiple vein-type porphyry- and breccia-related deposits at Mt Nansen are linked to northwest-trending faults associated with strong magnetic anomalies in the immediate vicinity of northeast-striking cross faults.
Located along a northwest-trending fault structure that appears to pass through the Mt Nansen mine area to the southeast, the TOP Property is cut by northeast-trending structures that intersect the main northwest-trending structure in several locations. The Property is underlain by a large, slightly elongated, bull's-eye magnetic high anomaly.
Past work identified several gold anomalies found in creeks throughout the property and significant gold anomalies have been found in soils. Visit our new website at www.hawkeyegold.com to learn more about the TOP Property and to view maps that show the location and grade of these anomalies.
The 2011 program consists of soil sampling, rock sampling, prospecting, and geological mapping to follow up on previous work and identify new targets.
Technical content has been approved by Edward Harrington, PGeo, a Qualified Person as defined by NI 43-101 and the person planning and supervising the 2011 work.
HAWKEYE GOLD & DIAMOND INC.
Per:
“Greg Neeld”
President & CEO
dorado
13 years ago
HAWKEYE GOLD LAUNCHES NEW WEBSITE
HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”): Vancouver, British Columbia: Trading symbol: TSX.V: HGO is pleased to announce that we officially launched our new website today with a new and enhanced look that better reflects the company’s aggressive goals and provides us with an improved platform for shareholder communications.
Our new site was designed to take advantage of today’s database driven back end systems for easier site maintenance. In addition, it positions the company to begin to expand our marketing efforts with social media and online campaigns to properly promote the company and keep our shareholders and the investment community up to date with corporate developments. Over the coming weeks we will be continuing with website updates and additions.
Feel free to visit our new website at www.hawkeyegold.com to view the TOP, MINT and DART Properties in the Yukon. Further news will be forthcoming in connection with commencement dates for work programs to be performed over the Properties during the summer of 2011.
Head Office
Suite 2302
120 Milross Avenue
Vancouver, B.C.,
Canada V6A 4K7
Toll: 1-800-665-3624
Tel: (604) 878-1339
Fax: (604) 688-3402
Web: www.hawkeyegold.com
Email: hko@hawkeyegold.com
dorado
13 years ago
HAWKEYE GOLD ENTERS THE NEW YUKON GOLD RUSH
HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”): Vancouver, British Columbia: Trading symbol: TSX.V: HGO announces that that it has entered the New Yukon Gold Rush by executing three separate Letter Agreements to acquire a 100% 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 km 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 kilometers southwest of Northern Freegold Resources’ Nucleus gold-silver-copper deposit (1.4 million ounces AuEq) and 20 kilometers northwest of the past producing Mt. Nansen high grade gold-silver mine (556,500 tonnes grading 11.93 g/t gold and 211 g/t silver). The TOP is situated along a north-west 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 NW 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 kilometers 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 north-east fault structures. A strong stream sediment gold anomaly (301 ppb) is found in a stream draining the north end of the Property.
Consideration for the Properties will be disclosed upon TSX 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 acceptance.
Mr. Ed Harrington, P.Geo, a qualified person as defined by NI 43-101, reviewed this news release and approves all scientific and technical disclosure.
HAWKEYE GOLD & DIAMOND INC.
Greg Neeld
President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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