Issued: 18,256,442 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
August 24, 2017 TSX Venture Exchange Listed
Frankfurt Exchange Listed
Issued: 18,256,442 shares
News Release No. 275 - 2017
HAWKEYE ADDS GOLD, ZINC-COPPER-LEAD TARGETS WITH SELLER CREEK,
ITS FOURTH PROPERTY ACQUISITION IN 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
Seller Creek Project (the “Property) to acquire a 100% interest in the 5,367-hectare Property situated
approximately 42 kilometres south-southeast of the Town of Barkerville, BC, Canada . The Property
includes claims located south of Cariboo Lake and contiguous to the western boundary of HAWKEYE’s
Cariboo Valley and 2 Aces properties. The Property lies within the southeasterly-striking Snowshoe Group
of the Barkerville Terrane. This is the geological formation that hosts BGM’s current gold mine
development and exploration projects and also underlies a number of historic to recent placer gold claims
and base metal occurrences within and adjacent to the Property.
About the Barkerville-Cariboo District
Placer gold was discovered and mined in the Cariboo Lake area along a number of drainages including
Keithley, Snowshoe, Simlock and Harveys Creeks starting in 1860. The town of Barkerville became
established as the centre of the historic Cariboo gold rush following the 1861-1862 discoveries to the north
on Lightning Creek, Williams Creek and the surrounding area . The recorded production estimate from
1861-1987 reported more than 5,000,000 ou nces of gold which included 3,800,000 ounces from placer
operations and 1,230,000 ounces from lode mining. Recently, BGM, the current principal property holder
in the district, announced resource definition on lode gold projects and large exploration programs focused
along the NW to SE-directed high strain zones in the Barkerville Terrane . In addition to gold, n umerous
polymetallic occurrences (Zn-Pb-Cu±Ag±Au) are reported in vein, stringer stockwork and stratiform styles
of deposition. Government publications and exploration assessment reports indicated favourable geology,
coincident multi-mode geochemical anomalies and strong geophysical targets for Kuroko, Besshi and
Mississippi Valley types of mineralization.
Message from the President
Mr. Greg Neeld, President & CEO states, “HAWKEYE continues to build a portfolio of precious metal and
base metal properties in the Barkerville-Cariboo gold district. The acquisitions place HAWKEYE in a
historical mining centre continuously prod uctive for more than 150 years and with recent exploration
successes and ongoing mine development activity. Our land position now has increased to 21,471 hectares
and we aim to acquire additional claims in the Barkerville Terrane. The Company has purchased the
Property based on its favourable location and regional geological features. The Seller Creek Property and
our adjacent properties are on geological strike with known lode gold and Zn-Pb-Cu projects, developing
lode gold mines and past-producing placer gold mines. BGM is drilling 250,000 metres within two years
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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
and its success identifying greenfield drill targets points to increased potential and opportunity within the
Barkerville-Cariboo gold district. HAWKEYE looks forward to executing its exploration programs on our
properties.”
The Seller Creek Project
HAWKEYE’s Seller Creek Project is situated twenty (20) kilometres south of the historical Cariboo
Hudson gold mine and the Yanks Peak gold prospect within the Late Proterozoic to Paleozoic Snowshoe
Group of the Barkerville Terrane. The principal successions of the Snowshoe Group, the Keithley, Downey
and Harvey’s Ridge members, are comprised of siltstone, 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 locally amphibolite
(garnet-staurolite-kyanite) grade. The Frank Creek volcanics , p art of the Harvey’s Ridge succe ssion,
comprise andesites in pillowed flows and tuffaceous deposits , with derived clastic sediments and felsic
tuffs, the latter hosting stratiform and stringer base metal occurrences. The Quesnel Lake Gneiss, which
intruded the Snowshoe Group along the western boundary of the Barkerville Terrane , is a leucocratic,
biotite granitic gneiss with megacrysts of potassium feldspar.
The lithologies are characterized by shallow to steeply dipping, southeasterly striking, locally overturned
folds with northweste rly shear zones and plunging lineations, regional east -southeasterly striking thrust
faults and later faulting along a general north-northeast direction.
The principal style of gold mineralization is associated with high strain zones in favorable litholog ies and
parallels magnetic features from regional and detailed airborne geophysics. Gold mineralization typically
is associated with quartz veins, iron carbonate (ankerite), and pyrite cutting amenable metasedimentary
units of greenschist grade. Regional base metal targets are focused mainly around Kuroko or Besshi style
volcanogenic (VMS) mineralization as identified at the Frank Creek and several other showings and
prospects. The Sellers Creek occurrence comprises disseminated Cu-Pb-Zn sulphide and oxide-carbonate
mineralization within a quartz sandstone and marble sequence.
Previous work on the Property identified favourable geological units overprinted by extensive deformation
and covered by glacial deposits, and included regional geo logical mapping, airborne geophysics, line
cutting and reconnaissance to focused soil and stream geochemistry surveys. The Property exhibits widely
spaced geochemical anomalies for gold, silver, copper, zinc and lead, and select pathfinder elements such
as bismuth, thallium, arsenic, antimony, selenium and mercury.
Agreement Details
The Seller Creek Property acquisition is subject to a $15,000.00 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 wit hin 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.
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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
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 Frankfurt Exchange under the ticker HGT; ISIN# CA42016R3027 and
WKN# A12A61. HAWKEYE’s corporate mandate is to build stron g 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 fa ctors 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 our 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.