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Hawthorne
Gold Corp. (Pink Sheets: HWTHF)
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Dear StockUpTicks Reader:
Last week we brought you Hawthorne Gold Corp. (TSX-V: HGC), (PINK
SHEETS:HWTHF), a company that we believe separates itself from the
"Vancouver gold deal" pack through its solid achievements and its vision.
Many of you apparently agreed based on the activity in the stock over the
past few trading days since our profile. We're glad you are watching this
one and we encourage to you to keep your eye on Hawthorne for the long
term.
Please take a moment to read the Breaking *NEWS*
(below). Much more to come!
You may view our StockUpTicks Profile on Hawthorne
Gold HERE
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Breaking *NEWS*
From Hawthorne Gold Corp. |
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Press Release
Source: Hawthorne
Gold Corp. and Eureka Resources, Inc.
Monday February
16, 2009, 5:52 pm EST
Hawthorne Assays 58.24 metres Averaging
1.017 g/t Au Near Surface
VANCOUVER, BRITISH
COLUMBIA--(MARKET WIRE)--Feb 16, 2009 -- Hawthorne Gold Corp. ("Hawthorne")
(CDNX:HGC.V - News)(Other
OTC:HWTHF.PK - News) and Eureka Resources, Inc. ("Eureka") (CDNX:EUK.V
- News) are pleased to announce the results from 15 additional diamond
drill holes ("DDH") from the 2008 exploration program that consisted of
58 holes (totaling 10,405 metres) on the Frasergold property. The property
is located in the Cariboo Gold District of central British Columbia, Canada
and is accessible by highway and logging roads year round. Further assaying
from the remaining 22 holes is underway and results are expected shortly.
"Hawthorne continues
to identify new zones of interest close to surface within the Main Zone,
and drilling has increased the gold system to depth. As disclosed in the
Company's press release dated February 5, 2009, the Company identified
new mineralization down dip from historical drilling and the mineralized
zone continues to increase in size. The Company is currently building a
geological model to fully understand the deposit as it works towards the
definition of a National Instrument 43-101 compliant resource estimate
at Frasergold," commented Richard Barclay, President & CEO of Hawthorne.
Of interest, DDH FG08-346C
intersected 19.70 metres grading 1.098 g/t Au, including 4.45 metres grading
4.000 g/t Au, and DDH FG08-357C intersected 58.24 metres grading 1.017
g/t Au, including 10.50 metres grading 3.858 g/t Au and demonstrated that
mineralization continues up dip and to depth. All drill holes intersected
estimated true width of the mineralized zones. Drilling also demonstrates
that mineralization continues as a wider zone than previously defined by
historical drilling, although the extension is at a lower grade. Several
of the up dip holes highlight the potential to develop a potential resource
by increasing the known width of the known mineralized in the Main Zone
and show additional mineralized zones to depth.
"Eureka focused on shallow
drilling in the 1980s and 1990s and the true size of the gold system remains
unknown. Hawthorne continues to build upon Eureka's success by expanding
the known mineralization in the Main Zone," stated John J. O'Neill, CEO
and President of Eureka. MORE
View the entire news release including Highlights of the
assay results HERE
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About Hawthorne Gold Corp. |
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COMPANY: Hawthorne Gold
Corp.
SYMBOL: (Pink Sheets:
HWTHF)
(TSX Venture: HGC)
LOCATION: Mining Friendly
British Columbia, Canada
STATUS: Permitted,
Building Resources, Operating Mill, Underground Workings, Tailings Pond,
Access, Airstrip Nearby
START-UP: GOLD PRODUCTION
LATE 2009
WEBSITE: www.hawthornegold.com |
View
a corporate video on Hawthorne Gold created by B-TV Business Television HERE
| Experienced Management: Mining Industry Veterans Richard Barclay and Michael Beley co-founded and
helped to successfully build billion dollar gold companies Bema
Gold and Eldorado Gold
Proven Track Record and Growth
Model: Utilize experienced team to recognize opportunities, acquire
and develop strategic assets, and create the foundation for success |
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High Grade Mining Operation: Historical
Grade 0.5 oz/ton
2009 Focused Drill Programs: 10,000
metres at Table Mountain
Operational Team: VP Operations-
25 Year Veteran Michael Petrina, P.Eng., MBA (see below)
Projects:
Three Advanced Stage Gold Projects in British Columbia in two proven
gold districts |
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Investment Highlights |
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Investment Highlights
• Experienced management team
that co-founded Bema Gold in the 1980s and co-founded Eldorado Gold in
the 1990s
Led by respected company builders Richard Barclay and Michael Beley
• Three advanced stage gold projects
in British Columbia, Canada
Table Mountain Deposit -high grade vein deposits with permitted and operational
mill
Taurus Deposit -multi-million ounce, open pit, bulk tonnage opportunity
Frasergold Deposit -multi-million ounce, open pit, bulk tonnage opportunity
• Dedicated to growth through drilling,
development and acquisitions
Focused on becoming a junior gold producer by working towards production
at Table Mountain in late 2009
Continued resource development at the Frasergold and Taurus deposits
View the Company Web Site HERE
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Recent News From Hawthorne Gold Corp. |
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Press
Release
Source:
Hawthorne Gold Corp., Eureka Resources Inc.
Thursday
February 5, 2009, 9:15 am EST
Hawthorne
Gold Corp. and Eureka Resources Inc.: 2008 Drilling Confirms Gold Mineralization
at Frasergold Continues to Depth and Thickness of Main Zone Increases
VANCOUVER,
BRITISH COLUMBIA--(Marketwire - Feb. 5, 2009) - Hawthorne Gold Corp. ("Hawthorne")
(TSX VENTURE:HGC - News) and Eureka Resources Inc. ("Eureka") (TSX
VENTURE:EUK - News) are pleased to announce the results from 14 additional
diamond drill holes ("DDH") from the 2008 exploration program that consisted
of 58 holes (totaling 10,405 metres) on the Frasergold property. The property
is located in the Cariboo Gold District of central British Columbia, Canada
and is accessible by highway and logging roads year round. Further assaying
from the remaining 37 holes is underway and results are expected shortly.
"Our
geological team continues to focus on modelling the deposit to determine
the full potential of the system and we are pleased with the success of
the drill program to date," commented Richard Barclay, President &
CEO of Hawthorne. MORE
Press Release
Source: Hawthorne
Gold Corp., Eureka Resources Inc.
Tuesday February
3, 2009, 9:15 am EST
Hawthorne Gold Corp. and Eureka
Resources Inc.: Soil Sampling Program Yields Highly Anomalous Zone 1,000
Metres Northwest of Main Zone at Frasergold Property
VANCOUVER, BRITISH
COLUMBIA--(Marketwire - Feb. 3, 2009) - Hawthorne Gold Corp. ("Hawthorne")(TSX
VENTURE:HGC - News) and Eureka Resources Inc. ("Eureka")(TSX VENTURE:EUK
- News) are pleased to announce that recently received analyses, obtained
from a soil sampling program 1,000 metres northwest of the Main Zone on
the Frasergold Property, identified an area with a highly anomalous gold
signature including values as high as 18.77 g/t.
"Hawthorne continues
to expand the size of the gold system with the new highly anomalous soil
samples and the previously announced high-grade and lower grade wide drill
hole intercepts. Our geological team continues to deliver promising results
and is working hard to model this deposit to determine the full potential
of the mineralized system. The goal is to gain a better understanding of
the deposit and define a National Instrument 43-101 compliant gold resource
estimate at Frasergold," commented Richard Barclay, President & CEO
of Hawthorne.
Prior to the completion
of the 2008 Frasergold exploration season, the Company completed a soil
geochemical sampling program to follow the strike of known mineralization
to the northwest. Sample collection was focused within a 1,000 m by 300
m area approximately one kilometre northwest along the strike of the Main
Zone and was conducted every 25 metres along ten lines spaced 100 metres
apart connected by a baseline. A total of 114 samples was collected with
two returning 18.77 g/t and 5.67 g/t Au. The strong results demonstrate
the effective nature of geochemical sampling programs in the area and the
opportunity to identify new high-priority zones along strike. MORE
Third Party Coverage of Hawthorne Gold Corp.
Profiled on:
The Gold Report - http://www.theaureport.com/pub/co/622?cover=1
Recommended by:
Peter Grandich – www.grandich.com
Jay Taylor – www.miningstocks.com
James West – www.midasletter.com
Profiled by:
Haywood Securities Inc. – www.haywood.com
Interviewed and seen on:
The Korelin Economics Report – www.korelinreport.com
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Financial Highlights |
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Market Data
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02/13/09
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| Symbol |
HWTHF |
| Exchange |
OTC Pink Sheets |
| Recent Price |
$0.31 |
| Outstanding Shares |
53,140,681 as of Jan 2, 2009 |
| Market Cap. (est.) |
$15,517,079 as of Feb 12, 2009 |
| Average 3mo Volume |
21,817 |
| FYE |
11/30 |
| Source: |
Yahoo Finance |
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Click on the image below to view a Corporate Fact Sheet
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Current Price of Gold
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View Hawthorne Gold Corp.
News HERE
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Company
Contacts |
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Suite 1580, One Bentall Centre
505 Burrard Street, Box 72
Vancouver, BC
Canada V7X 1M5
Toll Free: 888-629-1505
For more information contact
Investor Relations:
Todd Hanas
todd@hawthornegold.com
Direct Line:
Tel: 604-484-3668
Toll Free: 866-869-8072
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