- Hawkmoon Resources (HM) has engaged Val d’Or-based Faubert et Fils Inc. to drill the Wilson Property
- The driller has decades of experience drilling in the Abitibi Greenstone Belt
- Hawkmoon has applied for a drilling permit to drill up to 5,000 metres in 29 diamond drill holes to begin in mid-July
- The company recently closed its IPO, raising gross proceeds of $750,000
- Hawkmoon Resources is a junior resource mining company based in Vancouver
- Hawkmoon Resources Corp. (HM) is down 4.76 per cent, trading at C$0.10 per share at 12 pm ET
Hawkmoon Resources (HM) has engaged Val d’Or-based Faubert et Fils Inc. to drill the Wilson Property.
The Wilson Gold Property is located 150 kilometres northeast of Val d’Or, Quebec, approximately 25 kilometres southwest of the company’s Romeo gold property.
Both properties are located within the mineral-rich Abitibi greenstone belt, an established gold mining district that produced over 100 mines, and 170 million ounces of gold since 1901.
The driller has decades of experience drilling in the Abitibi Greenstone Belt, with a client base that includes the Canadian Malartic Mine, Melkior Resources, Durango Resources, and Xander Resources.
Hawkmoon has applied for a drilling permit to drill up to 5,000 metres in 29 diamond drill holes and expects to be collaring its first drill hole by the middle of July.
Hawkmoon intends to focus on three areas at the Wilson Property. The first area is situated between the Toussaint and Midrim gold showings. The second area is the bedrock geology in the nose of the large fold, which separates the Toussaint and Moneta-Porcupine South showings. The third area is the old trenches at the Toussaint Showing.
The primary gold showing on Wilson is the Toussaint Showing, which is described as pale grey to beige with numerous injections of quartz veins as well as sulphide minerals and local grains of visible gold in the drill core.
Two major government-maintained roads cross the property, with one of the roads continuing to the company’s Romeo property. With year-round access to both properties and proximity to infrastructure, a qualified workforce and assay labs, Hawkmoon can easily work on both properties at the same time, thereby decreasing logistics and costs.
The company recently closed its IPO, raising gross proceeds of $750,000 from the placement of 7.5 million units priced at $0.10 per unit.
Hawkmoon Resources Corp. (HM) is down 4.76 per cent, trading at C$0.10 per share at 12 pm ET.
