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Canada Business News and Press Releases
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(EMAILWIRE.COM, January 27, 2009 ) Vancouver BC - Hawthorne Gold Corp. ("Hawthorne") (TSX VENTURE:HGC) is pleased to announce additional significant high-grade intercepts from the two (2) furthest stepout holes of the 2008 Diamond Drill Program at the Cassiar Gold Camp. Of interest, high-grade Hole No. BNS-003 intersected 6.32 metres averaging 13.50 g/t Au (all values are uncut grams per metric tonne). The drill program consisted of fifteen (15) HQ/NQ diamond drill holes totaling 2,536 metres on the East Bain Zone of Table Mountain, which is in northern British Columbia, Canada. Further assaying from the remaining 11 holes is underway and results are expected shortly. See drill hole details below.
"Hawthorne is pleased to see very encouraging high-grade intercepts and lengths from the recent drill program at Table Mountain. Historical grade intercepts within the camp have seen the high grade gold vein systems measure up to ten metres in width. Our team continues to evaluate other future potential targets within the Cassiar Gold Camp in preparation for the 2009 exploration season," commented Richard Barclay, President and CEO of Hawthorne.
See table below:
http://www.emailwire.com/images/publications/howthorne_gold.jpg
At Table Mountain, the highest gold grades are returned from quartz-carbonate veins with visible gold often accompanied by sulphides. In order of abundance, the quartz carbonate veins contain medium to coarse-grained pyrite and sphalerite, with lesser tetrahedrite and chalcopyrite. Visible gold has been identified in the veins and occurs in three different ways: as individual disseminated grains up to 6mm within quartz-carbonate vein material, attached to sulphide grains, and as fracture fillings. The quartz-carbonate veins at Table Mountain are hosted in basaltic volcanic rocks, which are overlain by a carbonate-altered, ductile ultramafic rock called listwanite. The higher grades of gold are most often seen near the top of the veins near the listwanite.
Michael Petrina, P.Eng., the Company's Vice President of Mining and a Qualified Person as defined by NI 43-101, has reviewed and approved the technical disclosure contained in this news release.
Please visit www.hawthornegold.com for a plan map of the East Bain 2008 Drill Program.
Cassiar Gold Camp - Table Mountain Gold Mine
The Cassiar Gold Camp hosts the permitted Table Mountain gold mine, comprising a 300 ton-per-day gravity flotation mill, power plant, and impoundment facility. Historical gold production from the camp amounted to just under 500,000 ounces at grade of approximately 15 g/t Au. Gold mineralization at Table Mountain is primarily hosted in extensive quartz-carbonate-gold vein systems strongly associated with thrust faulting within altered greenstone and/or altered carbonatized ultramafic volcanic assemblages that are typical of some of Canada's largest gold camps, including Timmins, Kirkland Lake and Val d'Or.
About Hawthorne Gold Corp.
Hawthorne Gold Corp. is a Canadian-based gold exploration and development company with key properties in British Columbia, Canada. Hawthorne is led by well-respected mining leaders Richard Barclay and Michael Beley. Hawthorne's goal is to become a junior gold producer by working towards production at Table Mountain in the latter part of 2009 and tocontinue resource development at the nearby Taurus deposit, as well as the Frasergold deposit in the south central British Columbia Cariboo region.
ON BEHALF OF HAWTHORNE GOLD CORP.
Richard J. Barclay, President & CEO
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
Hawthorne Gold Corp.
Todd Hanas
Toll Free: 1-866-869-8072
Hawthorne Gold Corp.
(604) 629-1505 or Toll Free: 1-888-629-1505
(604) 629-0923 (FAX)
Website: www.hawthornegold.com
Hawthorne Gold Corp.
Todd Hanas
1-866-869-8072
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