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Thursday, January 22, 2009
Hawthorne Gold Assays 2.45 Metres averaging 38.17 g/t Au at Cassiar Gold Camp
Hawthorne Gold Corp. ("Hawthorne") (TSX-V: HGC) is pleased to announce significant high-grade intercepts from the first two (2) holes of the 2008 Diamond Drill at the Cassiar Gold Camp. Of interest, high-grade Hole No. BNS-007 intersected 2.45 metres averaging 38.17 g/t Au (all values are uncut grams per metric tonne). The drill program consisted of fifteen (15) HQ/NQ Diamond drill holes totaling 2,536 metres on the East Bain Zone of Table Mountain, which is in northern British Columbia, Canada. The goal of the drill program was to define the East Bain Zone and examine the mineralization within its high grade vein systems. Further assaying from the remaining 13 holes is underway and are expected shortly. See hole details below.
"The Company secured control of the Cassiar Gold Camp in 2008 due to the significant potential that exists throughout this prolific mining camp. Hawthorne is pleased to see the exceptional results from the recent drill program at Table Mountain, which is known for hosting extensive quartz-carbonate high-grade gold vein systems. Our technical team continues to advance the compilation of a comprehensive digital geological model, which has already allowed us to efficiently target areas of interest and return promising assays," commented Richard Barclay, President and CEO of Hawthorne.
|
Hole No. |
|
From |
To |
Length |
Au |
|
|
|
(m) |
(m) |
(m) |
g/t |
|
BNS-002 |
|
150.63 |
152.73 |
2.10 |
3.50 |
|
|
includes |
151.62 |
152.73 |
1.11 |
6.49 |
|
|
includes |
152.53 |
152.73 |
0.20 |
32.10 |
|
BNS-007 |
|
125.95 |
128.40 |
2.45 |
38.17 |
|
|
includes |
126.72 |
127.53 |
0.81 |
92.92 |
|
|
includes |
127.53 |
128.40 |
0.87 |
16.18 |
At Table Mountain, the highest gold grades are returned from quartz-carbonate veins with visible gold often accompanied by sulphides. In order of abundance, the quartz carbonate veins contain medium to coarse-grained pyrite and sphalerite, with lesser tetrahedrite and chalcopyrite. Visible gold has been identified in the veins and occurs in three different ways: as individual disseminated grains up to 6mm within quartz-carbonate vein material, attached to sulphide grains, and as fracture fillings. The quartz-carbonate veins at Table Mountain are hosted in basaltic volcanic rocks, which are overlain by a carbonate-altered, ductile ultramafic rock called listwanite. The higher grades of gold are most often seen near the top of the veins near the listwanite.
Following logging of drill core, split core samples were collected and shipped to the Eco Tech Laboratory Limited laboratory in Kamloops, BC, where they are being assayed. Hawthorne's Quality Assurance and Quality Control (QA/QC) program comprises inserting Standard Reference Materials, collecting field and preparation duplicates, and completing a check assay for every batch of twenty split core samples shipped to the laboratory.
Hawthorne contracted DJ Drilling Company Ltd. of Aldergrove, BC, and Watson Lake, Yukon, for an initial surface Diamond drill program to test priority targets located on the Table Mountain gold property. The Company expects to carry on additional surface and underground drill programs as new priority targets are identified.
Please visit www.hawthornegold.com for a plan map of the East Bain 2008 Drill Program.
Michael Petrina, P.Eng., the Company's Vice President of Mining and a Qualified Person as defined by NI 43-101, has reviewed and approved the technical disclosure contained in this news release.
Cassiar Gold Camp - Table Mountain Gold Mine
The Cassiar Gold Camp hosts the permitted Table Mountain gold mine, comprising a 300 ton-per-day gravity flotation mill, power plant, and impoundment facility. Historical gold production from the camp amounted to just under 500,000 ounces at grade of approximately 15 g/t Au. Gold mineralization at Table Mountain is primarily hosted in extensive quartz-carbonate-gold vein systems strongly associated with thrust faulting within altered greenstone and/or altered carbonatized ultramafic volcanic assemblages that are typical of some of Canada's largest gold camps, including Timmins, Kirkland Lake and Val d'Or.
About Hawthorne Gold Corp.
Hawthorne Gold Corp. is a Canadian-based gold exploration and development company with key properties in British Columbia, Canada. Hawthorne is led by well-respected mining leaders Richard Barclay and Michael Beley. Hawthorne's goal is to become a junior gold producer by working towards production at Table Mountain in the latter part of 2009 and tocontinue resource development at the nearby Taurus deposit, as well as the Frasergold deposit in the south central British Columbia Cariboo region.
For more information on Hawthorne, contact Todd Hanas toll free at 1-866-869-8072 or the Company at (604) 629-1505 or toll free at 1-888-629-1505, or you can visit Hawthorne's website at www.hawthornegold.com.
ON BEHALF OF HAWTHORNE GOLD CORP.
"Richard J. Barclay"
President & CEO
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
You can also view this News Release on our website at:
http://www.hawthornegold.com/s/NewsReleases.asp?ReportID=335331 |