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Gold/Mining/Energy : HAWKEYE GOLD INTERNATIONAL INC. (VSE:HGO)

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To: Richnorth who wrote (306)7/24/1997 3:07:00 AM
From: Nelson McClelland   of 472
 
Airborne Geophysics Survey Results posted by HAW earlier stated:

"The TRI-REBA claims host 12 significant anomalies typically displaying coincident magnetic and radiometric anomalies. In addition are a number of targets requiring further assessment. On the TRI 1 and 3 claims, anomalies T 1 and T 3 are of the most interest. Both are
linear magnetic anomalies, possibly due to either faulting or
formational trends. Anomaly T 1, 2.0 km by 0.60 km, appears to define
a formational trend, folded or faulted along its southern end. Anomaly
T 3, some 2.0 km by 0.5 km characterized by coincident anomalous
magnetic and radiometric response, may represent the faulted extension
of anomaly T 1.

Anomaly T 5, generally thorium/potassium with values in excess of 6.0 ppm/% K is flanked by anomalies T 2 and T 3 and should be further
assessed.

The southern portion of the TRI-REBA claim group, known as the HONK
mineral occurrence is the most interesting, with coincident magnetic,
radiometric and EM magnetite anomalies. Coincident magnetic,
radiometric and EM magnetite anomalies continue south of the HONK
occurrence towards the bottom portion of REBA 3. The correlation of
these anomalies and the proximity of the HONK occurrence makes this
area a favorable exploration target. It should also be pointed out
that the original work performed on the HONK was for uranium and other
mineralization was not considered a priority. Base metal values in the
1% range were not considered significant and samples were not
assayed for gold, silver, bismuth or cobalt.

Other higher priority anomalies include the TR 2 located in the
southwest corner of the TRI 2 claim and anomaly TR 7 in the southeast
corner of the REBA 3 claim. Anomaly TR 2 is a broad
magnetic-radiometric anomaly some 1.0 km by 1.2 km. Anomaly TR 7 is
primarily an EM magnetite feature with dimensions of 700 m by 150 m
and appears to represent a formational trend.

Emphasis in stage one will be on the southern portion of the TRI-REBA claims due to the HONK mineral occurrences."

Given FORM's new find, which appears to be within shouting distance (1-2Km) it is quite possible that field results will eventually show HAW is in a very good geological position..... that will take some time though.
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