Hawkstone announces Lone Pine Project reconnaissance rock chip sampling results

Hawkstone Mining

USA focused Gold and Lithium explorer, Hawkstone Mining Limited (ASX:HWK) (“Hawkstone”, the “Company”) is pleased to announce the remaining results from reconnaissance rock chip sampling at the Lone Pine Project, confirming the Company’s belief that the area is prospective for multiple gold mineralised zones, as part of a larger system at the Lone Pine project.

In February 2020, Hawkstone announced the acquisition of 2 patented claims over the Lone Pine vein zone, with the Company staking a further 250 claims to cover the project area. Having completed the acquisition of 4 claims covering the King Solomon Mine from Jervois Mining Ltd in August 2020, the Company is now consolidating its landholding at the well mineralised Lone Pine Gold Project with the staking of a further 18 claims.

The results reported in this announcement and the staking of the additional claims clearly demonstrate the Company’s belief in the project and its potential to host economic gold mineralisation.

Hawkstone Mining Managing Director, Paul Lloyd, commented: “These remaining reconnaissance results confirm our interpretation that the Lone Pine Gold Project has potential to host multiple gold mineralised zones. Our prospecting work across a number of areas has produced high grade gold results to be followed-up, which complement the initial rock chip sample results from areas along strike from Lone Pine and the King Solomon project where results of up to 92.70 g/t gold were returned from the old workings. Hawkstone is in the process of submitting permits for initial drilling to test these and other areas.”

Location and Access

The Lone Pine Gold Project is located approximately 10km west of Salmon, Idaho, USA and consists of 2 patented claims 16.77 ha (Figures 1 & 2) surrounded by a further 272 BLM lode claims covering 2,383 ha, including the 18 BLM claims in the process of staking referenced in this announcement.

The Project lies 16km and 8km east respectively of the Arnett Creek and Beartrack mines operated/explored by Revival Gold Inc., 5km west of the historic Queen of the Hills mine and now includes the King Solomon Mine (Morning Glory Project) acquired from Jervois Mining Ltd.

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