August 9, 2018
News Release No. 291 - 2018
TSX Venture Exchange: HAWK
Frankfurt Exchange: HGT
HAWKEYE COMPLETES PHASE 1 WORK PROGRAM OVER ITS TODAGIN PROPERTY IN THE BC GOLDEN TRIANGLE
Vancouver, British Columbia, Canada – HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) (TSX.V-HAWK; Frankfurt Ticker: HGT; WKN: A12A61 ISIN: CA42016R3027): is pleased to announce that the Company’s 2018 Phase one work program over its Todagin Property strategically situated in The BC Golden Triangle has been completed three weeks ahead of schedule (see Press Release of July 30, 2018).
Given favourable weather and helicopter logistics, the exploration program commenced early on July 30, 2018 and was performed by C.J. Greig and Associates working closely with HAWKEYE’s Geology Team. The work program involved geological mapping, and the collection of 250 soil samples, 18 stream sediment samples and 38 rock samples. The actual sampling type and location data and maps are in preparation.
Todigan Gossan – 60m x 20m consisting of phyllic altered volcanic rocks.
The Todagin Property totals 2,062 hectares. It is transected by Highway 37and is situated approximately 20 kilometres south of the Village of Iskut, BC, Canada. The Property is located east of Kinaskin Lake contiguous with the western boundary of Imperial Metals’ Red Chris Mine property and the southeastern boundary of GT Gold’s Tataogga property, 16 kilometres south of GT’s “Saddle” discovery, where significant gold values were reported in recent drill programs.
Similar to Hawkeye’s McBride and Boomerang properties and those held by GT Gold and the Imperial Metals Red Chris Mine, the principal geological units underlying the claims comprise the Hazelton and Stuhini Groups with structurally-controlled precious and base metal mineralization commonly associated with porphyry systems within and adjacent to intrusive rocks.
All soil, silt and rock samples will be delivered on a regular basis to ALS Global’s analytical facility for precious metal and multi-element analysis. ALS Global in North Vancouver, British Columbia, Canada, is a facility certified as ISO 9001:2008 and accredited to ISO / IEC 17025:2005 from the Standards Council of Canada.
Further news will be forthcoming.
The 2018 Todagin exploration program was managed by C.J. Greig & Associates Limited (CJG). Technical information in this news release has been approved by Andrew Mitchell, B.Sc., P. Geo., a senior geologist with CJG and a qualified person for the purpose of National Instrument 43-101. Mr. Mitchell has prepared, reviewed and validated that the technical information contained within this release is accurate.
HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in Vancouver, British Columbia, Canada. The Company’s precious and base metals properties are located in the prolific BC Golden Triangle, world-class Barkerville gold camp and Vancouver Island, BC, Canada. HAWKEYE’s corporate mandate is to build strong asset growth and shareholder value through the acquisition of low-cost, high-potential cash flow and production opportunities with blue sky discovery potential, and to manage our business in an environmentally responsible manner while contributing to the local community and economy.
HAWKEYE GOLD & DIAMOND INC.
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.
Cautionary Notes Regarding Forward Looking Statements
This News Release contains forward-looking statements. Forward-looking statements are statements that relate to future events. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results