Issued: 17,875,897 shares
HAWKEYE GOLD & DIAMOND INC.
Suite M202 – 1985 Alberni Street, Vancouver, B.C., Canada V6G 0A2
Phone: (778) 379-5393 • Fax: (778) 379-5396 • www.hawkeyegold.com
TSX VENTURE EXCHANGE - HAWK
June 27, 2017 TSX Venture Exchange Listed
Frankfurt Exchange Listed
Issued: 17,875,897 shares
News Release No. 272 - 2017
HAWKEYE ACQUIRES ITS SECOND GOLD PROPERTY IN HISTORIC
KEITHLEY CREEK AREA OF BARKERVILLE TERRANE, BC, CANADA
Vancouver, British Columbia - HAWKEYE Gold & Diamond Inc. (the “Company” or
"HAWKEYE") (TSX.V-HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN: A12A61):
is pleased to announce it has entered into a Sale and Purchase Agreement (SAPA) with the vendor of the
Keithley Creek Project (the “Property”) to acquire a 100% interest in the 3,600 hectare Property situated
approximately 30 kilometres south of the Town of Barkerville, BC, Canada. The Property lies within the
southeasterly-striking Snowshoe Group of the Barkerville Terrane . This is the geological formation that
hosts Barkerville Gold Mines’ (“BGM”) current gold mine development and exploration projects, including
the Yanks Peak prospects, and also hosts a number of historic to recent placer gold mines within and
adjacent to the Property.
About the Barkerville-Cariboo District
Keithley Creek, named after its discoverer ‘Doc’ Keithley, was the one of the first major placer deposits of
the Cariboo gold rush found in July 1860 and mining operations continued until 1998. Production from
Keithley Creek was estimated at 275,000 ounces. Barkerville became the centre of the historic Cariboo gold
rush following the 1861-1862 discoveries on Lightning Creek, Williams Creek and the surrounding area.
The recorded production estimate from 1861-1987 reported more than 5,000,000 ounces of gold which
included 3,800,000 ounces from placer operations and 1,230,000 ounces from lode mining. Recently, BGM,
the principal property holder in the district, has announced resource definition on lode gold projects and
large exploration programs focused along the Cariboo Break, a structural corridor aligned with the principal
NW to SE-directed high strain zones in the Barkerville Terrane.
Message from the President
Mr. Greg Neeld, President & CEO states, “HAWKEYE is excited to be building its portfolio of properties
in the Barkerville-Cariboo gold district. The acquisitions place HAWKEYE in a historical mining centre
continuously productive for more than 150 years and with recent exploration successes and ongoing mine
development activity. Our land position has increased to 8,644 hectares and we plan to acquire more claims
in the Barkerville area. The Keithley Creek Property is on geological strike with known lode gold prospects
and past-producing placer gold mines in multiple drainages . The Company has purchased the Property
based on its favourable location, geology, structure and geophysical features . BGM is drilling 250,000
metres within two years and its success identifying greenfield drill targets points to increased potential and
opportunity within the Barkerville-Cariboo gold district. We look forward to implementing our exploration
program on the Property.”
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HAWKEYE GOLD & DIAMOND INC.
Suite M202 – 1985 Alberni Street, Vancouver, B.C., Canada V6G 0A2
Phone: (778) 379-5393 • Fax: (778) 379-5396 • www.hawkeyegold.com
TSX VENTURE EXCHANGE - HAWK
The Keithley Creek Project
The Keithley Creek Project is situated seventeen (17) kilometres south west of the historical Cariboo
Hudson Mine and only ten (10) kilometres south of the Yanks Peak lode gold prospects on the north shore
of Cariboo Lake within the Late Proterozoic to Paleozoic Snowshoe Group of the Barkerville Terrane. The
Keithley and Harveys Ridge successions of the Snowshoe Group are comprised of quartzite, conglomerate,
and sandstone with lesser volcanics , black slate and limestone , which have undergone multi -stage
deformation with penetrative fabrics and regional metamorphism ranging from lower greenschist (chlorite)
to amphibolite (garnet-staurolite) grade.
The lithologies are characterized by moderate to steeply dipping, southeasterly striking, locally overturned
folds with northwesterly shear zones and plunging lineations, regional east-southeasterly striking thrust
faults and later faulting along a general north-northeast direction. Gold mineralization to date is associated
with quartz veins, iron carbonate (ankerite), and pyrite cutting amenable quartzite units of greenschist grade.
Placer gold was derived from Tertiary age deep weathering of the vein deposits. Gold fineness exhibited a
wide range consistent with multiple sourc es, or periods or styles of mineralization, including secondary
precipitation.
The Property contains favorable geological units overprinted by extensive deformation on structural strike
with known lode gold prospects and placer operations. The principal mineralization is associated with high
strain zones and parallels low magnetic features from regional and detailed airborne geophysics tracing
along Keithley Creek. This trend is parallel to the southeasterly-oriented regional feature (Cariboo Break)
includes a number of known gold deposits, past hard rock and placer gold producers, and numerous bedrock
occurrences. High strain zones and several thrust faults are mapped with Snowshoe Group rocks on the
Property.
Previous work on the Property included geological mapping, airborne geophysics, and reconnaissance soil
and stream geo chemistry surveys. The Property exhibits geochemical anomalies for gold, arsenic , lead,
copper and zinc. Gold and heavy metal anomalies in stream sediments are reported from the headwaters of
Rollie and Ehle Creeks within the western claims of the Property. The Rollie (Duck) prospect located near
the mouth of Rollie Creek was a past placer producer from 1896-1900. Base metal anomalies may be related
to Kuroko or Besshi style volcanogenic (VMS) sources. Several known VMS occurrences are located 2-10
kilometres to the south-southeast of the Property.
Agreement Details
The Keithley Creek Property acquisition is subject to a $7,000.00 cash payment and the issuance of 50,000
shares and a further 250,000 share issuance should the project proceed to a pre -feasibility study . The
acquisition is not subject to an NSR. The Sale and Purchase Agreement between H AWKEYE and the
Vendor is subject to TSX approval.
HAWKEYE has a right of first refusal on certain other properties controlled by the Vendor within the
historical Barkerville-Cariboo district.
Qualified Person
Greg Davison, M.Sc., P.Geo., Senior Technical Advisor to HAWKEYE is the Company's designated
Qualified Person within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral
Projects ("NI 43-101"). Mr. Davison has prepared, reviewed and validated that the technical information
contained within this release is accurate.
- 3 -
HAWKEYE GOLD & DIAMOND INC.
Suite M202 – 1985 Alberni Street, Vancouver, B.C., Canada V6G 0A2
Phone: (778) 379-5393 • Fax: (778) 379-5396 • www.hawkeyegold.com
TSX VENTURE EXCHANGE - HAWK
About HAWKEYE
HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in
Vancouver, British Columbia, Canada and is publicly traded on the TSX Venture Exchange under the
trading symbol H AWK and the Fran kfurt Exchange under the ticker HGT; ISIN# CA42016R3027 and
WKN# A12A61. HAWKEYE’s corporate mandate is to build strong asset growth and shareholder value
through the acquisition of low -cost, high-potential cash flow and production opportunities with blue sky
discovery potential, and to manage our business in an environmentally responsible manner while
contributing to the local community and economy.
HAWKEYE GOLD & DIAMOND INC.
Per:
“Greg Neeld”
President & CEO
Vancouver: (778) 379-5393
Email: [email protected]
Web Site: www.hawkeyegold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Notes Regarding Forward Looking Statements
This News Release contains forward-looking statements. Forward-looking statements are statements that relate to future events.
These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our
or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or implied by these forward -looking statements. While these forward -
looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment
regarding the direction of o ur industry, actual results will almost always vary, sometimes materially, from any estimates,
predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the
Company does not intend to update any of the forward-looking statements to conform these statements to actual results.