Thursday, July 23, 2009 Hawthorne to Commence Underground Development to Access the East Bain Gold Zone
Hawthorne Gold Corp. ("Hawthorne" or the "Company") (TSX-V: HGC, US: HWTHF) is pleased to announce that the Company has commenced underground development at the Cassiar Gold Mine. The Company is advancing one of the ramps approximately 160 metres to access the East Bain Zone, which is a faulted off extension of the previously mined West Bain Zone located within the Table Mountain underground workings. The next step will be to develop or undercut the mineralized gold zone and prepare the sublevels for shrinkage stope mining.
"We have come a long way over the past year to prepare for the commencement of underground development at the Cassiar Gold Mine. We have completed the necessary geological modeling and engineering of the mineralized zone, and look forward to taking the next step towards gold production," commented Richard Barclay, President and CEO of Hawthorne.
Extensive Infrastructure in a Proven Gold Camp
The Cassiar Gold Camp, located in northern British Columbia, Canada, comprises approximately 56,300 hectares and hosts the Table Mountain and Taurus gold deposits. The Cassiar Gold Mine is comprised of a permitted 270 tonne per day gravity/flotation mill and tailings impoundment facility as well as 13 adits/portals, ~25 kilometres of underground workings, ~23 kilometres of surface access roads throughout the property, an assay lab and a 40 person camp. Highway #37 runs directly through the property and the Cassiar airstrip is also accessible some 10 kilometres from the mine site. The Cassiar Gold Mine is 100% owned and operated by the Company.
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 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 Cassiar Gold Mine in Q4 2009 / Q1 2010 and to continue resource development of the nearby Taurus deposit, as well as the Frasergold deposit in the south central British Columbia Cariboo region. Hawthorne continues to review potential acquisitions, focusing on high quality, advanced gold development opportunities.
For more information on Hawthorne, contact Todd Hanas toll free at 1-866-869-8072 or the Company at (604) 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. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
You can also view this News Release on our website at: http://www.hawthornegold.com/s/NewsReleases.asp?ReportID=356847
Cassiar Gold Mine Fully Permitted 270 tonnes per day mine, operational mill and tailings impoundment facility |