| February 23, 2022 - VANCOUVER, BRITISH COLUMBIA Hawkmoon Resources Corp. (CSE: HM; OTCQB: HWKRF; FSE: 966) (“Hawkmoon” or the “Company”) announces it has applied for a permit (the “Permit”) for a diamond drilling and surface exploration program on the Wilson property (“Wilson” or the “Property”). The Property is located in the Verneuil Township fifteen kilometres east of the town of Lebel-sur-Quvillon and 150 kilometres northeast of Val-d’Or. When granted, the Permit will allow Hawkmoon to drill 5,000 metres (the “Drill Program”). Hawkmoon anticipates commencing the surface work program late June and the Drill Program in the middle of July. The Drill Program proposes twenty-one holes around the Toussaint Showing (“Toussaint”), Midrim Showing (“Midrim”) and Toussaint East. It is anticipated the holes will range from 200 to 400 metres in length. If quality drill targets are identified by the first phase surface work program, the Drill Program will be adjusted accordingly. A description of the proposed Drill Program is subdivided into the three target areas.
Drill Target 1: Toussaint Showing
Ten holes are proposed for the Toussaint. These holes will aim to extend mineralized areas Hawkmoon identified in 2021, particularly HMW 21-08 (11.25 g/t Au over 3.0 metres) and HMW 21-09 (13.1 g/t Au over 3.0 metres). These two holes extended the Toussaint to the east, both with substantial intercepts. Three holes are proposed to the east of HMW 21-09 and two holes are proposed to the west of HMW 21-09. Three holes are proposed east of HMW 21-08. The final two holes are proposed to be 400 metres in length, spaced approximately 80 metres apart. These holes are planned to be drilled to the east and west of HMW 21-07. These two deeper holes also intend to aim to test the extension of a deep historical intercept in VP 94-45 (20.16 g/t Au over 2.6 metres*).
Drill Target 2: Midrim Showing
Seven holes are proposed to test extensions of the discoveries Hawkmoon made in 2021 at the Midrim. Two holes are planned east of HMW 21-28 to test the extension of the high-grade intercept (83.6 g/t Au over 1.0 metre). Two more holes are proposed to be drilled to the west of HMW 21-28 towards the near surface intercept in HMW 21-24 (10.0 g/t Au over 1.0 metre). Two additional holes are planned to the west of HMW 21-24. A deeper hole is proposed on section with HMW 21-24 to test the depth of that near surface intercept.
Drill Target 3: Toussaint East
Four holes are proposed to be drilled in between the Toussaint and Midrim. Two of these holes are planned to test the expansion of historical intercept in VP 93-22 (11.71 g/t Au over 5.2 metres*) to the east. One hole will test this same historical intercept to the west. The final proposed hole is planned to test the potential to extend the historical intercepts in VP 11-18 to the east (8.7 g/t Au over 3.0 metres* & 30.1 g/t Au over 1.0 metre*).
Surface Exploration Program
Before commencing the Drill Program, Hawkmoon plans to conduct an outcrop clearing and trenching program (“Trenching”) at various locations on the Property. The largest Trenching target, the northwestern area, has seen little previous work to date. The combination of the induced polarization (“IP”) signature, presence of notable drill intercepts and volcanics contacting a gabbro make this area a top priority. Hawkmoon has a series of targets at both the Toussaint and Midrim showings which include areas around discoveries made in 2021. Refer to figure 1 which shows the key targets for Trenching on the Property. |