China Mineral Mining Corp

Published : February 17th, 2009

Hawthorne Assays 58.24 metres Averaging 1.017 g/t Au Near Surface

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  Hawthorne Gold Corp.
Trading Symbol: HGC:TSX-V

 

Hawthorne Assays 58.24 metres Averaging 1.017 g/t Au Near Surface
 

Hawthorne Gold Corp. ("Hawthorne") (TSX-V: HGC; US: HWTHF) and Eureka Resources Inc. ("Eureka") (TSX-V: EUK) are pleased to announce the results from 15 additional Diamond drill holes (�DDH�) from the 2008 exploration program that consisted of 58 holes (totaling 10,405 metres) on the Frasergold property. The property is located in the Cariboo Gold District of central British Columbia, Canada and is accessible by highway and logging roads year round. Further assaying from the remaining 22 holes is underway and results are expected shortly.

"Hawthorne continues to identify new zones of interest close to surface within the Main Zone, and drilling has increased the gold system to depth. As disclosed in the Company�s press release dated February 5, 2009, the Company identified new mineralization down dip from historical drilling and the mineralized zone continues to increase in size. The Company is currently building a geological model to fully understand the deposit as it works towards the definition of a National Instrument 43-101 compliant resource estimate at Frasergold," commented Richard Barclay, President & CEO of Hawthorne.

Of interest, DDH FG08-346C intersected 19.70 metres grading 1.098 g/t Au, including 4.45 metres grading 4.000 g/t Au, and DDH FG08-357C intersected 58.24 metres grading 1.017 g/t Au, including 10.50 metres grading 3.858 g/t Au and demonstrated that mineralization continues up dip and to depth. All drill holes intersected estimated true width of the mineralized zones. Drilling also demonstrates that mineralization continues as a wider zone than previously defined by historical drilling, although the extension is at a lower grade. Several of the up dip holes highlight the potential to develop a potential resource by increasing the known width of the known mineralized in the Main Zone and show additional mineralized zones to depth.

"Eureka focused on shallow drilling in the 1980s and 1990s and the true size of the gold system remains unknown. Hawthorne continues to build upon Eureka�s success by expanding the known mineralization in the Main Zone," stated John J. O'Neill, CEO and President of Eureka.

Highlights of the assay results are presented below:

 Hole No.

 

From

To

Length

Au

 

 

(m)

(m)

(m)

(g/t)

FG08-315C

 

41.04

81.07

40.03

0.518

 

includes

43.87

49.58

5.71

2.313

 

 

 

 

 

 

FG08-316C

 

17.45

30.21

12.76

0.906

 

 

51.48

96.32

44.84

0.346

 

 Hole No.

 

From

To

Length

Au

 

 

(m)

(m)

(m)

(g/t)

FG08-334C

 

7.92

80.27

72.35

0.834

 

includes

21.15

35.36

14.21

2.689

 

 

 

 

 

 

FG08-336C

 

21.94

53.95

32.01

0.506

 

includes

45.96

52.45

6.49

1.325

 

 

 

 

 

 

FG08-339C

 

81.38

101.92

20.54

0.533

 

 

 

 

 

 

FG08-341C

 

16.73

43.06

26.33

0.300

 

includes

26.72

35.18

8.46

0.625

 

 

 

 

 

 

FG08-343C

 

17.02

148.13

131.11

0.412

 

includes

17.02

44.30

27.28

1.139

 

 

 

 

 

 

FG08-346C

 

3.05

22.75

19.70

1.098

 

includes

18.30

22.75

4.45

4.000

 

 

 

 

 

 

FG08-347C

 

7.53

128.17

120.64

0.396

 

includes

11.21

13.38

2.17

2.730

 

 

 

 

 

 

FG08-352C

 

96.97

111.56

14.59

1.983

 

includes

101.80

102.25

0.45

44.190

 

 

 

 

 

 

FG08-355C

 

30.83

82.26

51.43

0.524

 

includes

75.75

81.31

5.56

2.297

 

 

 

 

 

 

FG08-357C

 

14.00

72.24

58.24

1.017

 

includes

15.50

26.00

10.50

3.858

 

 

 

 

 

 

FG08-338C, FG08-337C, FG08-344C

No Significant Intersections

 

 

 

 

 

 

For lab and assay procedures see news release dated January 28, 2009.

Michael Petrina, P.Eng., the Company�s Vice President of Mining and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.

About the Frasergold Option Agreement

Pursuant to an option agreement dated October 31, 2006 between Hawthorne and Eureka, Hawthorne can earn a 51% interest in the Frasergold property by completing sufficient exploration expenditures totaling $3.5 million (expended), completing a feasibility study by April 30, 2010 and making cash payments totaling $175,000 ($125,000 paid to date) before October 31, 2009. Hawthorne can earn a further 9% (for a total of 60%) by arranging financing for 70% of the estimated capital costs for production.

About Eureka Resources Inc.

Since its incorporation in 1981, Vancouver-based Eureka Resources, Inc. has focused on the exploration and development of natural resource properties in order to create wealth for investors. Moreover, with renowned British Columbia entrepreneur John J. O'Neill at the helm, Eureka has long been a steady and trustworthy presence on the British Columbia mineral-exploration scene. In addition to Eureka's fostering of the Frasergold claim, the company holds the rights to the promising Lottie Lake copper claim, which is also in central British Columbia. Shares in Eureka Resources trade on the Venture Exchange of the respected Toronto Stock Exchange.

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 the latter part of 2009 and the 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. For more information on Eureka, contact John J. O'Neill at (604) 608-6154 or you can visit Eureka's website at www.eurekaresourcesinc.com.

 

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.


FOR FURTHER INFORMATION PLEASE CONTACT:

Hawthorne Gold Corp.
Todd Hanas

Toll Free: 1-866-869-8072

Hawthorne Gold Corp.
(604) 629-1505 or Toll Free: 1-888-629-1505

(604) 629-0923 (FAX)
Website: www.hawthornegold.com 




The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
 

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China Mineral Mining Corp

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China Mineral Mining is a gold development stage company based in Canada.

China Mineral Mining holds various exploration projects in Canada.

Its main asset in development is FRASERGOLD in Canada and its main exploration properties are TABLE MOUNTAIN (CASSIAR) and TAURUS PROJECT (CASSIAR) in Canada.

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