Hawkstone Mining Limited (ASX:HWK) (Hawkstone or Company) is pleased to announce completion of the acquisition of the Lone Pine Gold Project located in Idaho, USA. The acquisition of the Project represents a diversification of the Company’s assets from a solely lithium explorer to include gold, a metal that is showing recent price rises. The Lone Pine Gold Project is located in Idaho, USA, a world-class mining jurisdiction well ranked globally for Investment Attractiveness by the Fraser Institute1 .
Hawkstone Mining Limited has completed the acquisition of 100% interest in the high-grade Lone Pine Gold Project located in Idaho, USA.
The Company has staked a further 75 BLM mining claims totalling 607 hectares surrounding the patented claims.
Lone Pine is an advanced gold exploration project that was last mined in 1907 and has not been subjected to modern exploration techniques.
The Project contains a 1935 non-JORC compliant, mineral resource estimate of 71,128 ounces Au (122,600 tons