Diversified explorer Hawkstone Mining Limited (ASX:HWK) announced today “spectacular” gold, silver and copper returns from its Devil’s Canyon Gold Project in Nevada USA.
Hawkstone reported peak rock samples results of 191.5g/t gold, 524 g/t silver and 10.25% copper from the US gold-rich prospect, which has produced in excess of 195 million ounces of gold.
Commenting on the drilling results, Hawkstone Managing Director Paul Lloyd said: “These highly encouraging rock sample assay results from our Devil’s Canyon Project further confirm and extend mineralised areas identified from previous work, which when combined with the recently completed aeromagnetic survey data, show several areas of high priority follow-up.
“These high grade results reinforce our business model of exploring for world class gold deposits in the Western United States adjacent to large gold resources or producing mines,” Lloyd added.
While returns from Hawkstone’s Devil’s Canyon project are promising, the Company said that the Big Sandy Sedimentary Lithium Project in Arizona remains its primary focus.
“This diversification ensures that the Company is flexible and provides shareholders with the maximum potential return.”
The Company is already in talks for initial structural mapping of the mineral-rich region.
As a next step, Hawkstone plans to further analyse the area to identify potential new trends – after which the USA focused mining company will commence maiden drilling planned for the 2021 USA northern field season.