Mr. Greg Neeld reports
HAWKEYE ACTIVELY REVIEWING ADDITIONAL PROPERTY ACQUISITION(S) IN THE BC GOLDEN TRIANGLE
Hawkeye Gold & Diamond Inc. is reviewing additional property acquisition(s) adjacent to Australian goldminer Newcrest Mining Ltd. and Imperial Metals’ Red Chris copper gold mine, adjacent to GT Gold Corp.’s copper-gold Saddle discoveries.
The properties Hawkeye is reviewing for potential acquisition will be based upon the same or similar geological settings as the Red Chris mine, GTT copper and gold discovery, and the company’s McBride property. As disclosed in a news release dated June 18, 2019 (news release No. 314-2019), Hawkeye’s McBride property is strategically situated adjacent to the Red Chris mine and GT Gold‘s copper golddiscoveries and shares the same geological setting as both.
The Newcrest Mining purchase of a 70-per-cent interest in the Red Chris mine ($806.5-million) and Newmont Goldcorp investment in GTT ($17.6-million), a combined investment totalling $824.1-million into acquisitions and financings in the Iskut porphyry copper gold belt, has increased investor interest in this new and emerging area in the northeastern section of the B.C. Golden Triangle. The Golden Triangle is situated in northwest British Columbia, Canada, and is one of the most prolific world-class mining regions in the world.
Greg Neeld, president and chief executive officer of the company states, “During Hawkeye’s late 2018 exploration programs the company advanced its McBride property to recommended ground-based induced polarization geophysical surveys and a 2019 drill program. The company is excited to be strategically positioned in this new copper gold belt that has seen two of the world’s largest miners invest a significant amount of money in the area. Hawkeye is reviewing additional potential property acquisition(s) to increase its exposure in this new and exciting area of the B.C. Golden Triangle intending to position Hawkeye for success and potential discovery.”
About Hawkeye Gold & Diamond Inc.
Hawkeye Gold & Diamond is a junior mineral exploration and development company based in Vancouver, B.C., Canada. The company’s precious and base metals properties are located in the prolific Golden Triangle of northwest B.C., in the world-class Barkerville gold camp, and on Vancouver Island. Hawkeye’s corporate mandate is to build strong asset growth and shareholder value through the acquisition of low-cost, high-potential opportunities with discovery potential, and to manage its business in an environmentally responsible manner while contributing to the local community and economy.