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REGIONAL ROUNDUP Snow was clearing at Lone
Pine as Hawkstone prepared
for a maiden diamond drilling
programme in Idaho

Perth, Western Australia 21
November 9 - 10

Hawkstone set to fly at Lone Pine Perth, Western Australia 21
November 9 - 10

by Mark Andrews

fter an unseasonal late spring snowstorm, conditions had “We knew this was over 480m strike length, we have been on the
Astarted to clear in late June for Hawkstone Mining Ltd to roll a ground, we have sampled it over that length, we have viewed it
drill rig onto the Lone Pine project in Idaho. over that length and it is a fairly simple one. There doesn’t appear
The company secured 100% of the high-grade Lone Pine project to be any major geological complications at the present time. The world’s pre-eminent gold exploration event
in February, giving it control of real estate in an area accustomed There are always a few curlys in there which is normal but there is
to mining activity. mineralisation in the area. 25 years of world-class discoveries from
While Lone Pine in close vicinity to Beartrack (600,000oz gold “I wouldn’t say it is hugely well-endowed like a Kalgoorlie, but it is a
production), Arnett Creek and Jervois Mining Ltd’s Queen of well-endowed little district and you can come up with 500,000oz if 43 countries around the globe
the Hills and Morning Glory gold assets, Idaho has been more you drill deep enough,” he said.
synonymous with the cobalt sector. A non-JORC compliant resource of 71,128oz gold @ 18.06 g/t is
ASX-listed Jervois has beelined for the Idaho cobalt operation and the basis which Hawkstone has to work with.
is currently undertaking a BFS on the partially constructed mine. A maiden programme of diamond drilling targeting the vein zone
“Idaho hosts one of the most well-known cobalt districts in the world on 100m centres of the historic resource was set to begin at the
so the people of Idaho are used to mining activity. We work in with time of print.
the Bureau of Land Management and Ministry of Forestry which Smith said the company would be pushing drilling hard and hoped
means you make one more application but as long as you know to strike success with the first few holes, with results to determine
what you are doing there is nothing to worry about,” Hawkstone future programmes and a potential capital raising to keep the
exploration director Greg Smith told GMJ. momentum going.
“We worked with the Bureau of Land Management in Arizona in “We know with intersections like 2.6m @ 14.46 g/t you don’t need
the Sandy Valley as part of the Big Sandy project and it was pretty too much strike length or too much depth to come up with a decent
easy, so the second time around was much simpler.” [resource] number at that kind of widths. We’ll be initially drilling
Big Sandy is the company’s 32mt for 320,800t LCE project down to about 200m with the structure and dip and everything else www.newgengold.com
(indicated-inferred), which Smith says is the “sleeper” in figured out then we could start looking at some deeper holes down
Hawkstone’s portfolio as it can be easily expanded and adjusted to 400m or so,” Smith said.
to match rising prices. Hawkstone is keen to maximise its activities during the summer For all enquiries about presenting, exhibiting or attending please contact
In the meantime, with gold surging towards $US1,800/oz high- field season and once drilling is completed at Lone Pine, the
grade projects are hard to ignore, particularly ones presenting a Western Desert gold-copper project in Western Utah is also Mitchelle Matambo on (+61) 8 9321 0355 or email mitchelle@paydirt.com.au
simple opportunity to capitalise on. primed to be drilled.
“When I first looked at Lone Pine I said, ‘here we go, we’ve got Western Desert is in the same geological terrain as the Carlin and
a shear hosted quartz vein with a sheared zone on the side of it Cortez gold trends and the Long Canyon gold mine. Jointly organised by:
that is actually carrying mineralisation; this has excellent potential’,” A programme of adit sampling has returned up to 25 g/t gold, 4.6%
Smith said. copper and 95 g/t silver.
Keith Yates & Associates Pty Ltd

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