Proactive investorsLogo Proactive Investors UK Website

Search field
Additional information
Additional Information
Market: TSX-V
Sector: Gold Mining
Epic: HGC
News: Latest news
Web Site: Hawthorne Gold
Other Articles: 12-01-201030-11-200918-11-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

FULL ARTICLE ►
Hawthorne Gold

Hawthorne Gold

Hawthorne Gold Corp. is a Canadian-based gold exploration and development company with key properties located in British Columbia, Canada.

Hawthorne Gold is led by respected mining leaders Richard Barclay and Michael Beley. Hawthorne's goal is to become a junior gold producer by working towards production at the Cassiar Gold Mine and continued resource development at the Taurus and Frasergold deposits.

Utilizing the management expertise in mine-finding, construction and operation, Hawthorne Gold anticipates pursuing additional exploration and late stage development projects.

CLICK HERE FOR FULL ANLAYSIS OF HAWTHORNE GOLD
Tuesday, January 12, 2010

Hawthorne Gold sees potential for higher grade ore shoots at Taurus Deposit

company news image

Hawthorne Gold ("Hawthorne")(TSX VENTURE:HGC)(PINK SHEETS: HWTHF) released assay results from two step-out diamond drill holes, TA09-41 and TA09-42, on the Taurus West Shear Zone in the Liard Mining Division of northern British Columbia, Canada.


 The two holes were drilled 70 meters north and south of mineralization intercepted in historic drill hole T95-13, and were designed to test the continuity of mineralization. Significant intercepts included 87.59 meters (m) grading 1.43 grams per tonne (g/t) Au in drill hole TA09-41 starting at a down hole depth of 238.55 m, and 46.77 m grading 0.91 g/t Au in drill hole TA09-42 starting at a depth of 210.43 m.  Significantly, both holes contained multiple intercepts of higher grade gold, suggesting potential for “defining higher ore shoots within the zone”.


Hawthorne has already reported a National Instrument (NI) 43-101 compliant inferred resource of 33 million tonnes grading 1 g/t gold (approximately 1.06 million ounces of gold).  The company is now seeking to target higher grade zones in 2010.


“The new Taurus West drilling intercepts, recognition of similar mineralization at the Taurus mine, and the recent drill holes at Wing's Canyon suggest that the Taurus area has the potential to host broad areas of auriferous pyritic mineralization in associated shear zones,” Hawthorne summarized. “During 2010, the Company intends to continue to evaluate the potential of these significant results, as well as to test the potential of other areas for this style of mineralization.”


Hawthorne also confirmed that assay results are pending for drilling recently completed in the Wing's Canyon area, approximately two kilometres to the southeast of Taurus.


Investors reacted positively to the news, pushing shares in the company 6% higher.

AddThis Feed Button
Register here to be notified of future Hawthorne Gold articles.

Other Hawthorne Gold articles


Other Hawthorne Gold news

More news ►

Investors interested in Hawthorne Gold recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.