Lava Project

Hawkmoon Resources’ Lava Gold Property

The Lava property (the “Property” or “Lava”) is situated in the Belleterre Gold Camp. A paved government-maintained highway crosses the Property which provides year-round access. Lava is located in the Lathlike-de-Gaboury Township of Quebec approximately fifteen kilometres west of the town of Belleterre. The gold mining city of Val d’Or is situated approximately 105 kilometres northeast of the Property. The Property consists of 41 unpatented un-surveyed map designated mining claims totaling approximately 2,061 hectares.

Figure 1: Company land block map, Lava area

Belleterre Gold Camp

There is a recent revival of the Belleterre Gold Camp (the “Camp”) due to Vior Inc. (TSX.V:VIO) consolidating much of the Camp including the past-producing Belleterre Mine. The Belleterre Mine produced 750,000 ounces of gold and 95,000 ounces of silver between 1936 and 19593. In addition to Vior, Osisko Mining (TSX:OSK) has acquired a significant land position in the Camp. Furthermore, Osisko has made a significant equity investment in Vior.

Gold Showings

There are five gold showings located on Lava. These being the Lavallée Showings 38, 39, 40, 41 and Lavallée South showings (the “Showings”). The Showings are a series of gold-bearing quartz-carbonate veins (the “Veins”) which often contain sulphide minerals (“Sulphides”). Gold can be associated with Sulphides in the Belleterre area.  The Veins occur within a ten kilometre long, northeast-trending corridor marked by numerous shear zones. This corridor is commonly referred to as the Lavallée Shear Zone (“LSZ”).  The LSZ is displays a strong chargeability anomaly as outlined in Figure 1.  Shallow drilling in 2007 identified intercepts of 2.16 grams per tonne (“GPT”) gold over 1.5 metres and 2.78 GPT over 1 metre. Figure 2 outlines the location of these showings, drill holes and bedrock geology.

Figure 2: Gold showings on the Lava Property

Figure 3: Summary of previous work at Lavallée Gold Showings

The LSZ has been drilled and offers significant exploration potential for gold on Lava. Figure 3 offers a summary of previous work on the Showings.

The Showings consist of deformed quartz veins, breccias and stockworks within the LSZ. Veins range from half a metre to three metres in width.  The LSZ can have a rusty surface alteration due to oxidation of Sulphides as shown in Figure 4.  Sulphides can also occur within alteration halos surrounding deformed Veins as displayed in Figure 5.

Figure 4: Lavallée Shear Zone

Figure 5: Sulphide mineralization on margin of quartz veins