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    HM   CA4203221094

HAWKMOON RESOURCES CORP.

(HM)
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Hawkmoon Resources Corp. Receives Assay Results for Five Drill Holes from its 5,031 Metre Summer Drill Program on the Wilson Gold Project

10/05/2021 | 07:30am EST

Hawkmoon Resources Corp. has received assay results for five (5) drill holes (the “Holes”) from its 5,031 metre summer drill program on the Wilson Gold Project (“Wilson” or the “Property”). The Property is situated approximately 15 kilometres east of the town of Lebel-sur-Quévillon, Québec and 170 kilometres northeast of the city of Val-d’Or. The highest gold values were 58.8 grams per tonne (“g/t”) in Hole HMW 21-01 and 38.00 g/t in Hole HMW 21-09. The results represent down-hole lengths and not necessarily true widths. Assay results are pending for another twenty-three Holes drilled around the Toussaint, Midrim and points in between. The Company also awaits the metallic sieve fraction for two samples from Hole HMW 21-01 and one sample from Hole HMW 21-09. This may or may not adjust the two highest grade gold intercepts, as coarse gold can be present in the general area. The Holes were completed around the Toussaint showing on the Property. Holes HMW 21-01, 21-02, 21-05 and 21-06 were drilled on the western side of the Toussaint. Hole HMW 21-09 was drilled on the eastern side of the Toussaint. All the Holes intercepted Toussaint mineralization (the “Mineralization”). This Mineralization is generally a beige to pale grey coloured volcanic tuff which has been foliated, sheared and strongly altered. Alteration is dominated by silica, sericite and calcite. Ankerite and chlorite alteration are present to a lesser degree. The Mineralization often displays a striped appearance due to abundant parallel laminations. Mineralization is present as pyrite, chalcopyrite and locally as visible gold. Quartz veins as well as veinlets of sulphide minerals are parallel or sub parallel to the foliation.


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Financials
Sales 2021 - - -
Net income 2021 -0,45 M -0,35 M -0,35 M
Net cash 2021 0,79 M 0,62 M 0,62 M
P/E ratio 2021 -
Yield 2021 -
Capitalization 4,46 M 3,48 M 3,49 M
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees -
Free-Float -
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Managers and Directors
Geoffrey Balderson Chief Financial Officer, Secretary & Director
Thomas W. Clarke Director & Vice President-Exploration