Thursday, August 20, 2009 Hawthorne Commences Mining of Bulk Sample from Taurus
Hawthorne Gold Corp. ("Hawthorne" or the "Company") (TSX-V: HGC, US: HWTHF) is pleased to announce the Company has commenced the extraction of a 10,000-tonne bulk sample from the Sable Zone located within the Taurus claim area.
On August 14, 2009, the Company received the Notice of Work approval # 09-0100011-0814 from the Ministry of Energy, Mines, and Petroleum Resources to extract the bulk sample. The bulk sample will be stockpiled next to the Cassiar Gold Mine mill facility and processed with the mill start-up. Stripping of overburden will commence immediately and hauling of the bulk sample will commence soon after. The work program is being completed by local contractors, including the Dease River Development Corporation and related First Nation companies, with planned completion in September 2009.
"With the completion of the first two phases of diamond drilling in the Taurus Zone, the commencement of the bulk sampling is another milestone for Hawthorne as we advance towards production at the Cassiar Gold Mine," commented Richard Barclay, President and CEO of Hawthorne.
The goal of the (two-phase) diamond drill program (within the Taurus Claims) was to delineate near-surface gold mineralization greater than 3.5 g/t Au, amenable to open pit mining. Concurrent with this program, samples from this zone are undergoing metallurgical testing to determine if feed from Taurus can be processed at the Cassiar Gold Mine mill in order to supplement Table Mountain feed and maximize the throughput at the 270 metric tonnes per day mill facility. The Taurus Deposit currently contains a National Instrument ("NI") 43-101 Mineral Inferred Resource Estimate* of 1.06 million ounces of gold (33.06 million tonnes grading 1.00 g/t Au).
Michael Petrina, P.Eng., the Company's Vice President of Mining and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.
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 Cassiar Gold Mine in Q4 2009 / Q1 2010 and to continue resource development of the nearby Taurus deposit, as well as the Frasergold deposit in the south central British Columbia Cariboo region. Hawthorne continues to review potential acquisitions, focusing on high quality, advanced gold development opportunities.
For more information on Hawthorne, contact Todd Hanas toll free at 1-866-869-8072 or the Company at (604) 629-1505, or you can visit Hawthorne's website at www.hawthornegold.com.
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. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
*The Company has prepared a NI 43-101 report (Wardrop Engineering Inc. - Updated Resource Report on the Taurus Deposit - Liard Mining District, BC - dated March 11, 2009) regarding the Taurus Property and can be viewed at www.sedar.com.
You can also view this News Release on our website at: http://www.hawthornegold.com/s/NewsReleases.asp?ReportID=360492 |