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Hawkeye Gold Receives Drilling Permit for McBride Property

Mining News - Published on Fri, 23 Aug 2019

Image Source: Accesswire
Hawkeye Gold & Diamond Inc announced that Hawkeye has received approval from the BC Ministry of Energy, Mines and Petroleum Resources for its Multi-Year Area-Based Permit which authorizes the Company to perform work programs over the McBride property which includes ground-based geophysical surveys and drilling. The MYAB Permit grants Hawkeye approval to perform up to 60 line kilometres of ground-based geophysical surveys and up to ten helicopter-supported drill sites including helicopter pads. The MYAB Permit is good for 5 years expiring March 31,2024.

On August 15,2019 the Company announced that it had commenced a ground-based Induced Polarization and resistivity/chargeability geophysical survey over the McBride property which is expected to take approximately 21 days to complete. High priority ground geophysical anomalies interpreted from the survey will be tested by a diamond drill program of up to 3,000 metres which is planned for later in 2019.

Mr Greg Neeld, President & CEO of the Company, said that “Hawkeye's late 2018 exploration programs at the McBride property identified a number of areas warranting follow-up with ground-based Induced Polarization geophysical surveys, with the ultimate goal of drill testing the highest priority geophysical-geochemical anomalies later this season. The Company is excited to be strategically positioned in the Golden Triangle, with two of the world's largest miners making significant investments in the area. Hawkeye is excited to receive its MYAB Permit approving commencement of the ground geophysical survey, which will assist the Company in defining drill targets, and should position it well for potential discovery!"

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Posted By : Sanju Moirangthem on Fri, 23 Aug 2019
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