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The geological team was on site for a three-week period, starting on
The Swift River Property is road accessible and recent logging has created new exposure in road cuts. In the central part of the property, several cuts have revealed sections of carbonaceous shales overlying sequences of volcanic sandstones within the Harvey’s Ridge Succession of rocks. Along certain horizons in these black shales, veins and stockworks of carbonate or barite veins were common and introduced disseminated sulphide minerals.
A layer of carbonaceous shale was traced discontinuously along a 350-metre-long section of hillside. Within this, a 60-metre continuous roadside exposure offered an opportunity to study the layers and geochemistry in detail. A series of seven sections were logged, and each unit within that section was sampled. “SR-SS06” (see Figure 1) was one that hosted the most intensive veining which in turn is associated with elevated metal content (see Table 1), including barium (2,231 to 7,132 parts per million (“ppm”)), mercury (trace to 4.32 ppm), rubidium (22.6 to 142.6 ppm), and titanium (423.9 to 5,136.2 ppm). Other sections hosted fewer veins but continued to show elevated metals such as silver (trace to 6.62 ppm) in “SR-SS02”. Mineralization and the variety of metal content increased towards the volcanic sandstone unit which could be closer to the source of host fluids.
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Figure1:
The carbonaceous shale unit is a prime target for follow up exploration. The geology suggests a seafloor volcanic setting where fluids would have carried dissolved metals into the water column before they condensed and settled out. These sedimentary exhalative deposits (“SedEx”) often form in clusters or stacked lenses, and the metals deposited are “zoned”. This road section appears to be distal from the source, but the information collected will aid in any targeting down-dip.
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Figure 2:
Cross section through a SedEx deposit (Modified from Lydon, 2004a)
2 Aces East
Exploration at 2 Aces East during 2021 returned elevated gold values in stream sediments (up to 1.8 grams per tonne gold). The samples were collected from an isolated drainage that originated in a glacial cirque above the valley floor. The Company discovered significant alteration over a 400-meter-long silicified, resistive ridge of gossanous material. Samples collected from this ridge in 2022 returnedanomalous mercury (trace to 4.95 ppm) from quartz veins. The altered ridge sits within the catchment area of the stream in which the 1.8g/t gold sample was discovered during our 2021 exploration campaign.
Although more work is required to fully understand the geological setting, the silicified nature of the ridge, the elevated mercury levels and the gold in stream sediment samples are consistent with the upper most levels of an epithermal system.
Based on these results, Hawkeye has expanded the 2 Aces East property eastwards, adding an additional 24.65 square kilometers of ground. This includes additional cirques that show geological similarities to the current one and three other prospective drainages.
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Figure 3:Newly discovered mercury anomaly at 2 Aces East in relation to the 2021 gold-in-stream sediments. Also shows the additional ground added
At
Two Aces West
Two Aces West also hosts the Harvey’s Ridge Formation, and along the contact with the Downey Succession anomalous nickel, copper, titanium, zinc and lead values were found in quartz stockworkveins. This is in keeping with the regional trend of silver-hosting vein systems that have been historically discovered along the same contact.
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Figure 4:Locations of mineralized zones at
Mr.
Element | Average Crustal Abundance (ppm) | Swift River Section Maximum (ppm) |
Silver | 0.075 | 6.62 |
Lead | 14 | 23.9 |
Vanadium | 120 | 223.1 |
Zinc | 70 | 155.1 |
Selenium | 0.05 | 31.3 |
Barium | 425 | 7,132 |
Tin | 2.3 | 10.2 |
Mercury | 0.085 | 4.3 |
Manganese | 950 | 1,535 |
Rubidium | 90 | 142.6 |
Titanium | 5,500 | 5,136 |
Table 1:Reference table for average crustal abundance of elements compared to XRF highs at
XRF Methodology
Samples collected in the field were first pulverized using a manual press to create a pulp sample. This was then loaded into a puck and placed into the XRF chamber. Each test used three beams, then the sample was removed, agitated, and tested again for a total of three times. The results presented are an average of the three tests which removes any outliers. A blank sample and a standard were also run every 25 tests for calibration.
Qualified Person
Andy Randell, P.Geo., is the Company's designated Qualified Person within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr. Randell has prepared, reviewed, and validated that the technical information contained within this release is accurate.
About HAWKEYE
Per:
“Greg Neeld”
President & CEO
Email:greg@hawkeyegold.com
Web Site:www.hawkeyegold.com
Neither
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