233% INCREASE IN LANDHOLDING AT LONE PINE AS SAMPLING CONFIRMS POTENTIAL FOR MULTIPLE MINERALISED ZONES

Jane Morgan Management
  • Following the return of high grade gold results, confirming the potential for multiple mineralised zones, Hawkstone has increased its landholding by 233% at the Lone Pine Gold Project, as the Company further consolidates its position in the Lone Pine area.
  • High grade gold results including 92.70 g/t Au and 69.50 g/t Au recorded at recently acquired King Solomon Project.
  • Results of 15.70 g/t Au and 11.15 g/t Au between the Lone Pine structure and the King Solomon Project indicate the potential for one large structure over a potential area of 900 metres.
  • Results of 22.10 g/t Au and 3.22 g/t Au returned from two newly identified, separate mineralised zones to the west and southwest of Lone Pine.
  • Sampling of selected in-situ quartz vein material from Trench 20-1 assays 59.3 g/t Au. (see ASX announcement 15/9/2020)
  • Awaiting further sample results from other identified prospective areas.
  • Drilling continues at Lone Pine targeting the mineralised vein system with recent results including:
    • 2.63m
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