hawthorne gold mining companyHawthorne Gold and Eureka Resources has completed drilling of sampling Frasergold project in British Columbia. Both companies have filed the NI 43-101 technical report and estimates contained gold deposits in the mine site. Hathorne Gold is preparing the technical steps to continue the exploration project gold deposit in Frasergold mining projects.

The following technical reports, Hawthorne and Eureka Gold Resource: “sampling and drilling program on the property have shown that the depth of mineralization continue to increase predetermined width Main Zone. Drilling also showed decreased mineralization continues along certain areas along Main strike zone and potential continues to exist along a more pointed attack by land grid results from soil sampling program was conducted more than 1 km from the Main Zone along strike to the Northwest. ”

With the assumption of 0.30 grams per tonne gold cut-off, the project has a measured and indicated resource estimate of Main Zone 34.04 million tonnes grading 0.599 g / t gold for 614,000 ounces, and inferred resources To Play, NW and the SE zone grading 75.31 million tons of 0.507 g / t gold for 1225 million oz.

Estimated earned income Hawthorne Gold Corp.. from the project mining exploration Frasergold, Hawthorne can earn 51 percent interest in completing the contract Frasergold with total exploration expenditures are defined C $ 3.5 million, make a payment valued at C $ 175,000 before October 31, 2009, and completed a feasibility study by 30 April 2010.

Hawthorne can earn 9 percent more for a total of 60 percent by arranging financing for 70 percent of the estimated capital costs for production.

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