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| |  Latest Results The Company completed its summer and fall work program in December 2007, which included a 16 hole drill program (3,617 metres), a series of 211 vertical channel samples taken across the entire 130 metre strike length of the underground workings and a series of eleven 200 kilogram bulk samples across the same length of the channel samples. The Company believes the gold distribution throughout the deposit is better represented through the bulk and channel samples noting the nugget effect through the system. Published documents from the Paracatu (Brazil), Macraes (New Zealand), and Bendigo (Australia) gold deposits, which are similar geologically and mineralogically, confirm that the larger the sample, the more accurate a determination of the head grade of deposits where coarse gold is present within the mineralized system. The 16 drill holes were designed to initiate a due diligence program within the two kilometer Main Zone that lies within the 10 kilometer long gold mineralized zone to determine the geological model of the gold deposit and to prepare for the planned 2008 definition drill program. Hawthorne believes there is potential for a gold deposit amenable to a low grade bulk tonnage open pit mining operation. A typical cross section 5837E illustrates this concept. This cross section and plan view of the 2007 drill hole program can be viewed by clicking on the links below. Hawthorne compares the potential Frasergold mining operation to Kinross's Paracatu Gold Mine in Brazil and the Fort Knox Gold Mine in Alaska (both low-grade, open-pit bulk-tonnage operations). Paracatu and Fort Knox operate at a grade of 0.38 g/t Au and 0.86 g/t Au, respectively. Latest Results Hawthorne Drill Results Confirm Bulk Tonnage Opportunity At Frasergold (March 11, 2008) Frasergold Underground Bulk Sampling Yields Positive Results (February 28, 2008) Cross Section  Click Here to View the Cross Section 5837E 2008 Drill Map  Click Here to View the 2008 Drill Map Property Description The Frasergold Property is located in the historic Quesnel Trough of central British Columbia, approximately 100 kilometres east of Williams Lake, BC. The Company entered into an agreement to acquire up to 60% interest in the Frasregold Deposit from Eureka Resources Inc. (TSX-V: EUK) and up to a 70% interest from Dajin Resources Corp. (TSX-V: DJI) on surrounding claims. The property is road accessible by a series of paved and gravel surfaced roads that lead east from 150 Mile House at highway 97 north to the village of Horsefly and along the Horsefly River to Mackay River. Recent logging activities have provided a series of tracks that provide good access to most of the exploration areas on the property. Geological Setting The Frasergold mineralization appears to fit the orogenic lode-gold deposit type. Higher-grade gold tends to occur in quartz veins with coarse particulate gold occurring in quartz-rich segregations of stringers, veins, boudins and mullions. Pervasive low grade gold mineralization is also found within the host knotted phyllite strata where quartz is absent. Orogenic lode-gold deposits occur throughout the world with various age dates ranging from current day formations to those formed in excess of 3 billion years ago. Those along the Circum-Pacific rim are generally much younger in age and are formed along accretionary boundaries often resulting in the formation of large mountain chains, tectonic controls such as subduction zones, mantle plumes, thrusting, faulting and shearing play a large part in the control of hydrothermal fluids and conduits for gold mineralization and ultimate precipitation. Lode gold is a simple term for gold occurrences within the solid rock in which the gold was deposited. History Initial exploration in the early 1980's revealed a 10 kilometre long zone containing anomalous gold values from soil and rock geochemical surveys. Between 1980 and 1994 it is estimated that $7.76 million has been expended on the exploration of the Frasergold Property. A total of 35,967 metres of drilling in 328 holes has been completed on the property, along with 298 metres of underground drifts to provide access for bulk sampling and metallurgical testing. Metallurgical testing was conducted during these earlier programs on surface and underground bulk samples. Such testing indicated that 87 to 92% of the gold is recoverable using a combination of gravity separation and flotation. Most of the holes were shallow and concentrated on defining the known mineralized areas. Drilling has been conducted along the known 10 kilometre strike length of the mineralized zone, but drill hole density is sparse outward from the key zones and therefore drilling to date is insufficient to adequately assess the entire 10 kilometre strike length of the Frasergold mineralized zone. There has been minimal exploration work completed between 1994 and 2007, when Hawthorne commenced its work program. A review of the geological data collected for the Frasergold Property indicates that a majority of the previous exploration programs were completed to a high standard and successive exploration programs advanced knowledge of the property significantly. While such work was not conducted using the standards and procedures required under NI 43-101 rules, it is believed that minimal confirmatory sampling would be required to accept the historic data and incorporate it into a current property database. 43-101 Technical Report The company has prepared a NI 43-101 report regarding the Frasergold Property and can be viewed here in PDF format . | |
