Apr 26, 2021
 in 
Precious Metals

Hawkmoon (CSE: HM) Acquires Wilson option from Cartier (TSX.V: ECR)

Hawkmoon Resources (CSE: HM) acquires The Wilson Project from Cartier Resources (TSX.V: ECR), which consists of 7 gold showing prospects in Quebec, within the Abitibi Gold trend.

Hawkmoon Resources Corp. (CSE: HM) has acquired the option to acquire 100 per cent of the Wilson gold project from Cartier Resources Inc. The terms of the agreement with Cartier are summarized in the relevant table. The property comprises 42 mineral claims totaling approximately 1,660 hectares. Wilson is located in Verneuil township 15 kilometres east of the town of Lebel-sur-Quevillon and 150 kilometres northeast of the mining city of Val d'Or.

Two major government-maintained roads cross the property. One of these roads leads to Hawkmoon's Romeo property. Hawkmoon can access and work on the Wilson all year. With proximity to infrastructure, a qualified work force, and access to several local drill contractors and assay labs, Hawkmoon can easily work both Wilson and Romeo at the same time. This decreases logistics and costs. The location of Wilson reinforces Hawkmoon's focus on gold in Quebec.

Wilson property geology and mineralization

The geology of Wilson is composed of felsic to intermediate volcanic flows and tuffs and a gabbroic sill. The primary gold showing on Wilson is the Toussaint showing. The Toussaint generally occurs where volcanic tuffs contact the gabbroic sill. The Toussaint is characterized as a highly altered, strongly sheared schist set within an intermediate volcanic tuff. Alteration is primarily calcite, sericite, chlorite and ankerite. The Toussaint is described as pale grey to beige with numerous injections of quartz veins as well as sulphide minerals (pyrite-pyrrhotite plus or minus chalcopyrite) and local grains of visible gold in drill core.

Gold mineralization of the Toussaint showing

A historical assessment report suggested the Toussaint has a head grade of 7.1 grams per tonne gold. This was calculated in 1994, before the implementation of National Instrument 43-101. Hawkmoon is treating the data as historical and a qualified person has not yet done the work necessary to verify the data and the data should therefore not be relied upon. Hawkmoon considers the historical data relevant to assessing the exploration potential of Wilson. A total of 126 diamond drill holes have been completed on Wilson totalling approximately 24,000 metres. This diamond drilling was completed intermittently from 1956 to 2017. Highlights of this drilling is shown in the relevant table.

Six Additional gold showings on Wilson

In addition to the Toussaint, there are six other gold showings on Wilson. These showings are Midrim, Benoist, Moneta Porcupine North, Moneta Porcupine South, T&M and Parnor. The largest of these showings is the Midrim which is situated several hundred metres northeast of Toussaint. One goal for Hawkmoon is to explore the possibility of connecting the Toussaint and Midrim Showings.

Branden Haynes, president of Hawkmoon, states: "The option to acquire this property from Cartier Resources is an amazing opportunity for Hawkmoon. We intend to start work on this exciting new gold project shortly. It is excellent to work with Cartier Resources. Cartier has an excellent reputation as one of Quebec's most esteemed junior miners."

*DISCLAIMER: Hawkmoon Resources is a paid marketing client*

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