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Wednesday, December 03, 2008
Hawthorne Completes 2008 Diamond Drill Program at Cassiar Gold Camp
Hawthorne Gold Corp. ("Hawthorne" or the "Company") (TSX-V: HGC) is pleased to announce that fifteen (15) HQ/NQ Diamond drill holes have been completed (totaling 2,536 metres) on the Table Mountain gold property in the Cassiar Gold Camp, northern British Columbia, Canada.
Hawthorne's field geologists have identified occurrences of visible gold (VG) within quartz veins intersected in five of the fifteen drill holes. The VG occurs as multiple specks within micro-fractures and throughout the quartz veins. The Table Mountain property is known for bonanza high-grade gold-bearing quartz vein ore bodies. The quartz veins, which also contain pyrite and sphalerite, are typically found in zones of carbonate-altered volcanic rocks beneath ultramafic rocks called listwanites. Historically, gold values increase as the quartz veins approach overlying listwanites.
"Hawthorne completed its first surface drill program within the Cassiar Gold Camp ahead of schedule. As we move into the winter season, our geological team is designing exploration programs to test new exploration targets throughout the property. Our technical team is also advancing towards the completion of the first ever fully digitally compiled database combining data from the recently completed drill program with over 40+ years of historical exploration data from the Cassiar Gold Camp," commented Richard Barclay, President and CEO of Hawthorne.
Following logging of drill core, split core samples were collected and shipped to the Eco Tech Laboratory Limited laboratory where they are being assayed; results are pending. Hawthorne's Quality Assurance and Quality Control (QA/QC) program comprises inserting Standard Reference Materials, collecting field duplicates and preparation duplicates, and completing check assays 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.
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 with a 300 ton-per-day gravity flotation mill, power plant and tailings pond. Historical production from the camp was almost 500,000 ounces of gold at a grade of roughly 0.5 ounces/ton. Gold mineralization is primarily hosted by extensive gold-bearing quartz vein systems associated with carbonate-altered mafic volcanic and ultramafic rocks typical of Canada's largest gold camps at 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 located 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 2009 and continued resource development at the nearby Taurus deposit, as well as the Frasergold deposit in the Cariboo region of south central British Columbia.
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=330690 |