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Hawkstone Mining Ltd.
Summary
| Project: | Big Sandy | |
|---|---|---|
| Deposit: | Big Sandy | |
| Location: | United States | |
| Commodities: | Lithium | |
| Date: | 7/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-7-2019: Hawkstone Mining Ltd. announces an Exploration/Drilling Update report for its Big Sandy deposit at the Big Sandy project. Drilling results incl. 21.0m @ 2176ppm Li from 9.0m. Hawkstone Mining Limited (ASX:HWK) (“Hawkstone” or the “Company”) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gregory Smith (Internal) | |
| ABSTRACT: | Hawkstone Mining Limited (ASX:HWK) (“Hawkstone” or the “Company”) is pleased to announce further results from its 37-hole drilling program, at the Company’s flagship Big Sandy Lithium Project, located approximately 2.5 hours’ drive northwest of Arizona’s state capital, Phoenix (Figure 3). During 2018, Hawkstone announced that Phase 1 of its diamond drilling program (circa 1,500m) had successfully identified a clay hosted lithium mineralised zone measuring 3,000m x 1,000m (Northern Mineralised Zone). The current 37-hole Phase 2 diamond drill program (circa 3,700m) commenced in mid-February 2019 to test a portion of the clay hosted lithium mineralisation within the Northern Mineralised Zone. This announcement summarises assay results received from 4 additional diamond drill holes completed at the Big Sandy project (DHQ1, DHQ14, DHQ19 and DHQ20), with the final 3 holes in progress and due for completion next week, with results expected in early August 2019. Hawkstone Mining Limited’s Managing Director Paul Lloyd commented: “Hawkstone’s Big Sandy project has continually delivered exceptional results as the Company has successfully progressed through the 37-hole diamond drill program. High grade intercepts have continued, and the assay results from these latest 4 diamond drill holes further demonstrate the significant potential of the Big Sandy project. The Hawkstone board looks forward to updating the market regarding assay results from the final 3 diamond drill holes before progressing to its maiden JORC Resource in late September 2019.” Hawkstone’s drilling contractor continues to obtain excellent core recovery which has improved Hawkstone’s geological understanding of the project, which will be applied to ongoing metallurgical test work. | |
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