Cluster Of Seven Gold Showings Acquisition


VANCOUVER - Hawkmoon Resources Corp. reported the option to acquire 100% of the Wilson Gold Project from Cartier Resources. Two major government-maintained roads cross the Property. One of these roads leads to Hawkmoon’s Romeo Property (“Romeo”). Hawkmoon can access and work on the Wilson all year. With proximity to infrastructure, a qualified workforce and access to several local drill contractors and assay labs Hawkmoon can easily work both Wilson and Romeo at the same time. This decreases logistics and costs. The location of Wilson reinforces Hawkmoon’s focus on gold in Quebec. The geology of Wilson is composed of felsic to intermediate volcanic flows and tuffs and a gabbroic sill. The primary gold showing on Wilson is the Toussaint Showing (“Toussaint”). The Toussaint generally occurs where volcanic tuffs contact the gabbroic sill. The Toussaint is characterized as a highly altered, strongly sheared schist set within an intermediate volcanic tuff. Alteration is primarily calcite, sericite, chlorite and ankerite. The Toussaint is described as pale grey to beige with numerous injections of quartz veins as well as sulphide minerals (pyrite-pyrrhotite ± chalcopyrite) and local grains of visible gold in drill core. Refer to figures one (photograph of Toussaint), two (visible gold in drill core) and three (boxes of drill core).

A historical assessment report suggested the Toussaint has a head grade of 7.1 grams per tonne gold. This was calculated in 1994, before the implementation of NI 43-101. Hawkmoon is treating the data as historical and a Qualified Person has not yet done the work necessary to verify the data and the data should therefore not be relied upon. Hawkmoon considers the historical data relevant to assessing the exploration potential of Wilson. A total of 126 diamond drill holes have been completed on Wilson totaling approximately 24,000 meters. This diamond drilling was completed intermittently from 1956 to 2017.

In addition to the Toussaint, there are six other gold showings on Wilson. These showings are: Midrim, Benoist, Moneta Porcupine North, Moneta Porcupine South, T&M and Parnor. The largest of these showings is the Midrim which is situated several hundred meters northeast of Toussaint. One goal for Hawkmoon is to explore the possibility of connecting the Toussaint and Midrim Showings.