NOBLE MINERAL EXPLORATION INC. : http://www.noblemineralexploration.com/ : QwikReport

Holdsworth Property

PROPERTY OVERVIEW:


Location: Northern Ontario, 2 miles northwest of Hawk Junction, 12 miles northeast of Wawa
 
Target Commodity: Gold (Au) and Silver (Ag)
 
Property Size: 19 contiguous patented mining claims covering approximately 304 hectares (760 acres)
 
Stage of Development: Early Stage Exploration
 
Current Work Program: For current work program status - click on link to MacDonald Mines provided below under Stratgic Partner
NR 2-18-06-27: Noble Reports on MacDonald Mines Exploration Update on the Wawa-Holdsworth Project.
 
Potential: To be Determined
 
Net Ownership: 2017-03-20: Noble Enters Binding Letter of Intent to Vend its Wawa-Holdsworth Project Interest to MacDonald Mines
(Noble will be paid a 1% GG Royalty with right to buyback 0.5%. 10% NPI reserved for initial vendors)
 
JV/Strategic Partner:
http://www.macdonaldmines.com/projects/wawa-holdsworth-project
 
Operator: MacDonald Mines.


RELATED NEWS:


2018-06-20 Noble Reports on MacDonald Mines Exploration Update on the Wawa-Holdsworth Project
2017-04-06 Noble advised that MacDonald Begins Metallurgical Testing of Oxide Sands on the Wawa-Holdsworth Project
2017-03-20 Noble Enters Binding Letter of Intent to Vend its Wawa-Holdsworth Project Interest to MacDonald Mines
2017-03-06 Noble Reports MacDonald has Commenced Work on the Wawa-Holdsworth Project
2017-02-23 Noble Completes Conversion of Debentures and Reports MacDonald has Commenced Work on the Wawa-Holdsworth Project
2016-12-28 Noble Reports that MacDonald Mines has filed an NI 43-101 Technical Report on Noble's Wawa-Holdsworth Project on SEDAR
2016-12-13 Noble Reports that MacDonald Discovers a New Gold-Bearing Shear Zone on Noble's Wawa-Holdsworth Project - Grab Sample Returned 5.36 G/T Gold
2016-12-08 Noble Options its Wawa-Holdsworth Gold Project to MacDonald Mines
2009-06-22 Hawk Uranium Signs Contract for Auger Drill Program on Holdsworth, Ontario Gold Project
2009-05-04 Hawk Uranium Inc. Holdsworth Gold Project: Preliminary Metallurgical Results, Black Sand Gold/Silver Deposit
2009-01-13 Hawk Releases Final Drilling Results on Holdsworth Soocana Vein System; Metallurgical Testing of the Black Sands Ongoing
2008-10-21 Hawk Updates Disclosure on First Phase of Drilling on the Soocana Vein System; Metallurgical Testing of the Black Sands Zone Underway from the Holdsworth Gold Project, Wawa Area, Northern Ontario
2008-08-13 Hawk Receives Additional Gold and Silver Results from Surface Sampling of the Soocana Vein, Holdsworth Gold Project, Northern Ontario
2008-07-14 Hawk Extends Soocana Vein to 750 metres, Chip Sample returns 42.5 g/mt on the Holdsworth Gold Property, Wawa Area, Northern Ontario
2008-07-08 Hawk Mobilizes Drill Rig onto the Holdsworth Gold Property, Wawa Area, Northern Ontario
2008-05-14 Hawk Commences Exploration on the Holdsworth Gold Property, Wawa Area, Northern Ontario
2007-09-20 Hawk Uranium Inc. Consolidates Mining Interests in Ontario Gold Property


File: http://www.noblemineralexploration.com/i/pdf/news/NR20161228.pdf
 178 KB, approx. 34 seconds at 56.6Kbps

PROPERTY LOCATION AND OWNERSHIP:


The Holdsworth Property consists of 19 contiguous patented mining claims (the "Holdsworth Claims") covering some 304 hectares. Sixteen of these are located in the extreme southern part of Corbiere Township and the remaining three extend into the northern part of Esquega Township, Hawk Junction, District of Algoma, Wawa Area, Sault Ste. Marie Mining Division, Ontario.

The Holdsworth Property is the potential to host Gold and Silver mineralization within three (3) distinct geological environments namely:
  1. Lode Gold in traditional quartz veins -- "The Soocana Vein",
  2. An oxidized cap at surface developed over a massive pyrite zone (Algoma Iron Formation) -- "The Oxide Sands", and
  3. The precursor to the Oxide Sands - a massive pyrite zone (Algoma Iron Formation) at depths -- "The Massive Sulphide".


Ownership
Noble has recently disposed of its interest in the Wawa Holdsworth project for consideration totaling:
• 8,000,000 treasury shares of MacDonald Mines Exploration Ltd;
• 8,000,000 3 yr warrants of MacDonald (2.5mm exercisable at $0.15 per wt plus 5.5mm exercisable at $0.30 per wt);
• 10% gold streaming from production of the Holdsworth Oxide Sands up to 5,000 ozs. of gold;
• 1.5% NSR on the property (subject to a 50% buyback for $500,000)

The property has the potential to host Gold and Silver mineralization within three (3) distinct geological environments namely:
• Lode Gold in traditional quartz veins, known as the "The Soocana Vein",
• An oxidized cap at surface developed over a massive pyrite zone (Algoma Iron Formation) known as the "The Oxide Sands", and
• The precursor to the Oxide Sands - a massive pyrite zone (Algoma Iron Formation) at depths, known as "The Massive Sulphide".

For more current information, go to the MacDonald website at: http://www.macdonaldmines.com/news/2017/

CURRENT WORK PROGRAM:


2017
For currently news on this property, go to the MacDonald website at http://www.macdonaldmines.com/news/2017

2016
"Highlights from MacDonald's initial sampling program include:

• The discovery of a new gold-bearing shear zone next to the old CN railway line (image 1) sample containing 5.36 g/t gold; and
• The Company (MacDonald) has determined that the known gold mineralized zones at Wawa-Holdsworth are part of a 500-metres wide corridor with multiple zones of deformation and hydrothermal alteration that are considered favourable for gold mineralization.

Quentin Yarie, MacDonald's President and CEO commented: "We are excited that with the limited time spent on the property since the announcement of the Option Agreement, our experience in the Wawa Gold Camp has led to the discovery of a gold-mineralized shear zone next to a railway line that has been used for decades. The observation of numerous deformation and alteration zones in a 500-metres wide corridor suggests that the gold system at Holdsworth is much larger than what previous exploration results indicate. Results to date are exciting and we are looking forward to further the development of this very promising project."

Results from the initial sampling program
This sampling and mapping program led to the discovery of a gold-bearing shear zone located alongside the old CN railway in the southern part of the property. The discovered gold-bearing shear zone is formed close to the contact between a volcanic sequence and a composite porphyritic intrusion. This sampling and mapping program also indicates that the previously known zones of gold mineralization of the Wawa-Holdsworth Project are part of a much larger deformation and alteration corridor that is now defined over a width of 500 metres.

The main zones of gold mineralization of the Wawa-Holdsworth Project include:
• Lode Gold in traditional quartz veins, known as the "The Soocana Vein",
• An oxidized cap at surface developed over a massive pyrite zone (Algoma Iron Formation) known as the "The Oxide Sands", and
• The precursor to the Oxide Sands - a massive pyrite zone (Algoma Iron Formation) at depths, known as "The Massive Sulphide".

The identification of this large deformation and alteration corridor, which already hosts many zones of gold mineralization, indicate that the gold system is likely larger than what is indicated by previous exploration and that additional exploration may uncover additional zones of gold mineralization.

MacDonald's future exploration programs at Holdsworth will take full advantage of its technical team's experience and expertise in the Wawa Gold Camp. This includes the use of forefront technologies like short wave infrared and portable XRF analyses that provide quantitative mineralogical and chemical indicators to evaluate the fertility and prospectivity of gold-bearing structures. The Company has also initiated a detailed review and re-interpretation of the existing exploration data on the property to pinpoint possible areas of gold mineralization that were missed in the past. This will help define the boundaries and size of the gold system present on the property, and guide future exploration programs.


2010
The Company intends to carry out a 2,000 meter auger drill program on the Black Sands Zone of the Holdsworth Gold Project. The purpose of the program is to quantify the gold/silver resource in the Black Sands surface zone as a follow up to the metallurgical testing recently completed at SGS/Lakefield Laboratories. Upon completion Hawk will be able to complete a resource estimate and commence to determine the technical feasibility and economic viability of the Black Sands Zone.
The auger-drill program is expected to commence sometime in the late summer/fall of 2010.

2009
The Company announced the final results (See NR 09-01-13) of its 34-hole, 5,498m drill program for the gold-mineralized Soocana Vein System on the Holdsworth Gold Property, Hawk Junction-Wawa Area, Northern Ontario. A total of 2,422 drill core samples were submitted to ActLabs in Thunder Bay for Au, Ag and 36 element ICP analysis.

Hawk also shipped an additional 90kg (see HUI NR -09-05-04) of Black Sands material from the 4 pit locations in the Black Sands Zone to SGS Labs, Lakefield, Ontario for additional metallurgical testing.

Holdsworth Project -- Drilling Results
The following are highlights of the results from Hawk's 34-hole drill program on its Holdsworth Gold Property.

Hole #     Sample
# 		Depth
(m) 		Interval
(m) 		Au
(g/t) 		Ag
(ppm)
HW 8-05 231215 31-87-32-37 0.50 0.59 0.2
HW 8-06 231509 41.24 -- 41.54 0.30 2.93 0.9
HW 8-07 231346 156.0 -- 157.0 1.0 0.58 0.3
  231347 157.0 -- 158.0 1.0 0.57 0.8
HW 8-09 231462 19.84 -- 20.26 0.42 1.01 0.5
HW 8-11 245006 6.74 -- 7.40 0.66 (13.5)* 4.6
  245033 31.0 -- 32.0 1.0 0.48 0.2
                245034 32.0 -- 33.0 1.0 0.95 0.2
HW 8-13 231664 18.53 -- 19.10 0.57 (22.4)* 10.1
  231665 19.10 -- 19.60 0.50 (35.2)* 7.0
  231704 60.60 -- 61.27 0.67 0.60 0.9
  231705 61.27 -- 61.75 0.48 0.92 0.5
HW 8-14 263403 27.50 -- 28.19 0.69 2.74 0.4
  263405 28.70 -- 29.20 0.50 0.75 0.3
  263406 29.20 -- 29.70 0.50 0.96 0.5
  263407 29.70 -- 30.10 0.40 2.40 0.8
HW 8-20 245330 10.0 -- 10.48 0.48 0.51 0.3
HW 8-21 245433 32.46 -- 33.00 0.54 0.56 <0.2
  245434 33.00 -- 33.59 0.59 3.67 (4.49)* 0.6
  245435 33.59 -- 33.90 0.31 3.28 (3.19)* 1.9
  245437 34.69 -- 35.33 0.64 1.30 <0.2
  245477 103.32- 104.00 0.68 0.61 0.3
HW 8-25 263137 93.40 -- 93.95 0.55 6.42 (6.25)* 2.8
HW 8-27 263171 120.21- 120.66 0.45 2.4 0.2
HW 8-29 263195 108.00- 108.56 0.56 1.05 1.9
HW 8-30 245970 15.0 -- 15.51 0.51 (4.65) 0.7
  245971 15.51 -- 15.95 0.44 (3.41) 0.7
HW 8-31 263225 17.47 -- 18.00 0.53 1.8 3.7
  263247 125.35- 125.92 0.57 5.74 (4.38)* 0.3
HW 8-33 263301 89.46 -- 90.00 0.54 17.7 (17.9)* 5.3

*Bracketed values are Metallic Sieve Au analysis and check results using Metallic Sieve analysis.

Appendix A provides the comprehensive results for this 34-hole program, as well as information regarding the location, spacing and depth of each hole. As disclosed on Appendix A, the results from the holes that are not included in the preceding table returned no significant results.

Of the total of 340kg of material from the Black Sands Zones was sent to SGS Lakefield for metallurgical testing (see NR May 4, 2009)

Holdsworth Project: Black Sand Zone -- Pitting Program Results

Metallurgical studies are being conducted by SGS Group at their facility in Lakefield, Ontario. Preliminary results from those studies show that gold (Au) recoveries on the Black Sand material range from 69% to 90% in a 48 hours agitated cyanide leach test. SGS is an independent accredited analytical laboratory.

Initially, 4 individual samples (Sample 'A', 'B', 'C', & 'D') consisting of approximately 250kg that were extracted from the Black Sand Zone, were composited and demonstrated an average 69% Au recovery. When the samples were analyzed individually, recoveries were: Sample 'A' -- 89.8%, Sample 'B' -- 80.5%, Sample 'C' -- 45.6 % and Sample 'D' 80.3% Au respectively (see table below).

  Location Head Grade   Recovery (48 hrs)
  Northing:Easting Au (g/t) Ag (g/t)   Au (%) Ag (%)
Black Sand Composite   3.45 45.2   69 61
Sample "A" 331+47N; 802+62E 1.19 29.3   89.8 81.2
Sample "B" 331+43N; 801+06E 7.41 84.0   80.5 53.0
Sample "C" 331+43N; 800+70E 6.93 117   45.6 36.5
Sample "D" 331+45N; 799+09E 1.19 8.3   80.3 82.7


SGS/Lakefield recognized that Sample 'C' was a problematic sample and has since commenced additional tests on Sample 'C' such as an "ultra fine grind" and a "Diagnostic Leach Study" which utilizes a sulphuric acid leach to dissolve any coatings that may be on the gold mineralization followed by a cyanide leach, a hydrochloric acid leach to dissolve any oxides present, and finally a second cyanide leach. It is hoped that these measures will provide an indication of the gold metallurgy and help explain why the sample is not amenable to direct cyanide leaching.

Hawk plans to commence delineation and definition drilling using an auger or a sonic drill rig to quantify the gold and silver mineralization in the approximately 4400m of strike length of the 4m width and 8m depth of the Black Sand Zones this summer. As part of this program, Hawk will isolate and quantify separately, Sample 'C' type material which is known to exist over approximately 50m between Sample 'B' and Sample 'D', and then evaluate the need for additional testing.

Qualified Person:
Michael Newbury, P.Eng, a "qualified person" as such term is defined by National Instrument 43-101, and a director of Ring of Fire Resources Inc. has reviewed the laboratory results that included the assay results disclosed, and has otherwise reviewed and approved the technical information disclosed on behalf of the Company

BACKGROUND:


PROPERTY HISTORY:
The Holdsworth Property has the basic geology to host 3 types of gold deposits namely (1) gold in quartz veins, (2) gold in a weathered oxide pyrite (black sands) zones and (3) gold in the sulphide pyrite zones. Gold and Pyrite were discovered in the Hawk Junction Area as early as 1908 when the Algoma Central Railway (A.C.R) was being built. Prior to 1931, pyrite was the more important mineral extracted in the general area for its sulphur content - the Holdsworth property had inventorized in excess of 1 millons tons of 46% iron. Between 1931 and 1933, the Soocana Mining Company Limited drilled 6 diamond drill holes on the Holdsworth Property for approximately 525 metres for gold with the following results.

Holdsworth Property - 1931 Drill Results

Hole # 1 10' @ 0.4 oz Au/ton
4' @ 0.61 oz Au/ton		 Average Grade 16.0 g/t Au/4.3m 
Hole # 2 14' @ 0.38 oz Au/ton
2' @ 0.12 oz Au/ton		 Average Grade 11.9 g/t Au/4.9m
Hole # 3 6' @ 0.36 oz Au/ton
5' @ 0.56 oz Au/ton		 Average Grade 15.5 g/t Au/3.4m
  5' @ 0.33 oz Au/ton
6' @ 0.60 oz Au/ton		 Average Grade 16.4 g/t Au/3.4m
Hole # 4 3' @ 0.30 oz Au/ton
5' @ 0.46 oz Au/ton		 Average Grade 13.7 g/t Au/2.4m 
Hole # 5 6' @ 0.63 oz Au/ton
3' @ 0.21 oz Au/ton            
3.5' @ 0.06 oz Au/ton		 Average Grade 12.7 g/t Au/3.8m 
  4' @ 0.62 oz Au/ton
10' @ 0.01 oz Au/ton		 Average Grade 6.3 g/t Au/4.3m
Hole # 6 10'@ 0.21 oz Au/ton
10'@ 0.12 oz Au/ton
4' @ 0.01 oz Au/ton		 Average Grade 4.8 g/t Au/7.3m
  7' @ 0.16 oz Au/ton
7'@ 0.71 oz Au/ton
10'@ 0.06 oz Au/ton
10' @ 0.04 oz Au/ton
4'@ 0.68 oz Au/ton
9'@ 0.06 oz Au/ton
5' @ 0.04 oz Au/ton		 Average Grade 6.9 g/t Au/15.8m 


The Soocana Mining Company Limited calculated a gold resource of 54,000 tons of material grading 0.556 oz/t (19.06 g/t)
(NB: The above estimate of resources and assay values are historical and are non-NI 43-101compliant).

In 1983 Falconbridge Nickel Mines optioned the property and conducted a series of airborne and ground geophysical surveys, rock sampling, soil sampling, geological mapping, relogging of the old drill core and drilled 5 diamond drill hole totaling 590 metres. Two holes tested the quartz veins, one drill hole tested an airborne geophysical anomaly, while the other 2 holes tested the pyrite zones. Falconbridge's two drill holes into the quartz vein system failed to duplicate the grades published for the 1931 drilling.

Between 1985 and 1989, Reed Lake Exploration Ltd drilled 37 diamond drill holes totaling 2399 metres, but failed to duplicate the 1931 drill results because of a geological mapping error that assumed that the vein system dips north as opposed to south. Reed Lake drilling, however, added considerable open pit potential to the property by intersecting a wide zone of secondary quartz veining and mineralization.

PREVIOUS WORK COMPLETED:
Bulk Sampling: In 1999, Hawk carried out a preliminary mill test on the oxide material (black sands) by independent consultant - Dave Welch in September, 1999 (see Appendix 2 to the Mr. Sears' report). An average of 98.7% recovery was obtained in a 48-hour agitated-leach without crushing.

The next phase of work on this target was to include a pilot scale bench test on one or more bulk samples from the black sand deposit in order to predict costs and confirm gold and silver recoveries. A series of drill holes would be completed on the massive pyrite zone to systematically test for gold mineralization as well as locate additional potential sources of auriferous black sand. If the bench testing was positive, a second phase of work involving excavating would be carried out to determine the potential size of the black sand zones and define enough material to justify the cost of development.

The following are the claims comprising the Holdsworth Property:

Holdsworth Claims (grouped by parcel)
Parcel 1478 AWS Parcel 1876 AWS Parcel 785 AWS Parcel 786 AWS
ACR # 297 ACR # 303 ACR #2636 SSM 1054 SSM 1055
ACR # 298 ACR # 304 ACR # 2637    
ACR # 299 ACR # 305 ACR # 2638    
ACR # 300 ACR # 306 ACR # 2639    
ACR # 301 ACR # 307 ACR # 2640    
ACR # 302   ACR # 2641    


At the present time there are no known environmental liabilities on this property. Work programs in the past have involved stripping, trenching and road construction by excavator and diamond drilling. The sample trenches have been filled in.

TITLE RESERVATIONS
The Company's title to the Holdsworth Claims is subject to several reservations and exceptions, being the reservations in the original grants from the Crown and those imposed by Algoma Central Corporation. Subject to such reservations, the Company is the recorded holder of a 100% interest in the Holdsworth Claims, free of encumbrance, its title thereto being the usual title to patented claims enjoyed in the Province of Ontario. There are no exploration or development expenditures required to maintain title to the Holdsworth Property. Annual rental of $1,140.16 is paid to the Government of Ontario. 1998 taxes payable to the Algoma District School Board were $70.43.

Parcels 785AWS and 786AWS - subject to Crown reservations of 5% of the acreage for roads, all trees, the right to use navigable waters and the adjoining banks, for a depth of one chain, for fishing purposes.

Parcels 1478AWS and 1876AWS - subject to the same Crown reservations as apply to Parcels 785AWS and 786 AWS as well as the right of Algoma Central Corporation to all water powers; the right of way, not exceeding 100 feet in width, for railroad track; royalties on gold, silver, copper and nickel of 2% of market value of output up to $1,000,000, 3% thereafter up to $4,000,000 and 5% thereafter; 15 cents per long ton (2,240 pounds) of raw ore on iron ore (excepting siderite, pyrites or other sulphides, 10 cents per long ton of raw ore on siderite, pyrites or other sulphides and, on other minerals, not less than 15 cents per long ton of raw ore and not more than 5% of their market value.

Black Sand Zone -- The Black Sand Zone is one of the three gold prospects on the Holdsworth Property. It is a black granular oxide zone (referred to as 'black sands') overlying a massive pyrite zone (the "Algoma Iron Formation" -- which is another of the three gold prospects). More detail on the Black Sand Zone is provided in the report of Seymour M. Sears (see "Geologist's Report", below).

NET PROCEEDS ROYALTY:
Pursuant to the Acquisition Agreement, Hawk agreed that after it had recovered all of the property costs from the sale of material taken from the Holdsworth Claims (the "Initial Property Costs"), Hawk would pay to NSAI 10% of net proceeds derived thereafter from materials taken from the Holdsworth Claims (the "Net Proceeds"). After Hawk, through its receipt of its share of Net Proceeds, has received an amount equal to twice the Initial Property Costs, NSAI is entitled to receive 15% of net profits from the property, defined to mean the actual amount of payment received from any independent refiner, custom smelter, mill, mint or other purchaser for ores, concentrates, precipitates, bullion and/or minerals mined and extracted from the Holdsworth Claims (the "Net Profits"). After Hawk, through its receipt of its share of Net Proceeds, has received an amount equal to three times the Initial Property Costs, NSAI shall be entitled to receive 20% of Net Proceeds. In calculating Net Proceeds, there will be deducted: (i) the property costs including the sum of $27,500 paid to O'Reilly; (ii) all costs incurred in the incorporation and organization of Hawk; (iii) all costs incurred in connection with the filing by Hawk of its first Prospectus; (iv) all net smelter returns royalties payable; (v) the costs of geophysical, geochemical, geological and related operations; (vi) exploration, drilling, development, mining and processing of ores including all costs incurred in connection with the sale thereof; assaying, metallurgical studies and report; (vii) salaries and wages of personnel directly engaged in work on the Claims together with all employee benefits and allowances normally paid; (viii) travelling and directly related expenses including food and lodgings of personnel engaged in work within the Holdsworth Claims; (ix) insurance premiums; (x) charges with respect to equipment leased in connection with the exploration, development and related operations conducted within the Holdsworth Claims; (xi) all charges made with respect to equipment purchased or the rehabilitation of equipment located on the Holdsworth Claims and services rendered in connection with the exploration, development and related operations conducted within the Holdsworth Claims; and (xii) supervision and management of all of the foregoing together with Hawk's reasonable administrative expenses incurred up to the time all property costs have been recovered.

2008 WORK PROGRAM:
Hawk completed field exploration including line cutting, geologic mapping, rock chip sampling, a ground Magnetic Survey and a 34-hole 5,498m diamond drill program to test the Soocana Vein System (which was previously drilled by Soocana Mining Company in 1931, by Falconbridge in 1985 and Reed Lake Exploration in 1988). An Orbit-Garant drill rig, capable of drilling to a depth of 450m using NQ size core, was mobilized by Hawk.

Using mapping and sampling, Hawk Uranium Inc., extended the Gold Mineralized Soocana Vein System to approximately 750 metres. Previous operators had outlined the Soocana Vein System over a strike length of approximately 300 metres, from L797+00E to L800+00E (based on Hawk's grid). Hawk has outlined the vein from L796+50E to L804+00E. The vein varies in width from 0.5m to 2.5m.

The initial phase of diamond drill testing of the gold mineralized Soocana Vein System was completed (see HUI NR 08-10-20) with a total of 5,498 metres drilled in 34 holes. A total of 2,422 samples were submitted to ActLabs in Thunder Bay for gold (Au) , silver (Ag) and 36 element ICP analysis, with results reported below (see Current Drill Results Chart below or HUI NR -09-01-13). All but one of the 34 holes drilled intersected what is believed to be the Soocana Vein System.

Hawk submitted a 250kg composite sample from 4 pit locations and 4 individual samples totaling 90kg from the Black Sands Zone to SGS Labs, Lakefield, Ontario for metallurgical testing. Initial indications from a ground magnetic geophysical survey with 12.5m station spacing on 100m spaced lines outlined two 2,200 metre zones of the Black Sands traversing the property. The zones appear to have a width of a minimum of 4m.

An excerpt from the Sears Barry and Associates Ltd Report of October 2002 (the Sears Report *) prepared for Hawk Junction Capital Corp. (the predecessor company of Hawk Uranium Inc.) and authored by Seymour Sears P.Geo. included the following comment in the summary to that report:

"The Black Sand Zone is at least 8 metres (25 feet) deep. This oxide material contains highly elevated gold values ranging from trace to 14.2 g/t (0.42 oz/ton). Systematic sampling of the black material by Hawk Junction Capital Corp. in 1999, from a portion of one of these zones, the East Zone, has outlined an indicated resource of 11,760 tonnes having a grade of 3.45 g/t Au (0.10 oz/ton) and 29.99 g/t Ag (0.87 oz/ton). Additional material beneath the delineated zone as well as three other blocks of black sand occur within the immediate area, although these were not properly sampled and are therefore of undetermined size and grade.

Four other zones of black sand are identified in other parts of the Holdsworth property, as well as geophysical conductors that may represent sulphides zones that have not been investigated.

A preliminary mill test carried out by an independent consultant (Welch, Appendix 2) indicated an average of 98.7% recovery in a 48 hour agitated leach without crushing."


*
The Sears Report was prepared in accordance with National Instrument 43-101. The results of the Sears Report have not been verified or confirmed by Hawk. The Report is filed on SEDAR as Schedule "H" to the December 12, 2002 Hawk Junction Capital Corp. Management Information Circular. The mill test referred to in the above excerpt was carried out by Dave Welch and is dated September 9, 1999.)

A qualified person has not done sufficient work to classify the historical estimate from the above excerpt as current mineral resources or mineral reserves. Hawk is not treating the historical estimate as current mineral resources or mineral reserves as defined in sections 1.2 and 1.3 of National Instrument 43-101, and the historical estimate should not be relied upon.

Hawk is investigating the possibility of custom processing this material, and evaluating the technical feasibility of applying custom processing to the zone.

Soocana Vein System: Assay results from chip samples taken across the vein on L804+00E returned values of 1.08 g/mt Au to 16.5 g/mt Au. A chip sample taken from L798+05E returned a value of 42.5 g/mt Au (sample 20447).

Assay results from chip samples taken across the vein on L804+00E returned values of <0.2 ppm* Ag to 19.0 ppm Ag. A chip sample taken from L798+20E returned a value of 83.1 ppm (sample 20452).

Final Metallic Sieve Gold Analysis and Aqua Regia Extraction -- ICP/OES Silver geochem analysis is from the Thunder Bay and Ancaster, Ontario facilities of Activation Laboratories Ltd. (Actlabs), an independent laboratory based in Canada that is an ISO/IEC 17025 with CAN-P-1579 registered laboratory.

Sample # Au
g/mt		 Ag
ppm*		 Location Sample
Length
20369
20370
20405
20406
20411
20412
20421
20429
20432
20434
20435
20447
20448
20450
20451
20452
20453
20454
20461		   1.08
7.52
7.78
5.59
10.00
13.40
2.46
10.10
1.10
1.46
2.83
42.50
6.15
1.20
1.46
3.18
2.80
16.50
15.90		 2.8
2.4
3.2
0.3
0.8
5.3
<0.2
<0.2
<0.2
0.6
0.3
19.00
6.1
0.3
1.7
83.1
9.6
9.1
3.9		 L804+00E: 331+310N
L804+00E: 331+310N
L797+96E:331+356N
L797+95E: 331+352N
L797+90E: 331+352N
L797+74E:331+344N
L797+57E:331+343N
L797+39E:331+347N
L797+33E:331+354N
L797+24E:331+352N
L797+25E:331+347N
L798+05E: 331+357N
L798+09E: 331+355N
L798+12E: 331+353N
L798+14E: 331+351N
L798+20E: 331+350N
L798+22E:331+349N
L798+26E:331+348N
L798+44E:331+353N		 0.6m
1.0m
1.2m
2.0m
2.0m
0.9m
1.2m
1.1m
0.6m
1.3m
1.2m
4.0m
3.0m
3.0m
3.0m
7.0m
3.8m
2.0m
1.7m

*1ppm = 1g/t

Black Sand Zone:
Assay results from 4kg samples taken from the Black Sand Zone returned values of 0.22 g/mt Au to 5.62 g/mt Au.
Assay results from 4kg samples taken from the Black Sand Zone returned values of 7.1 ppm* Ag to 45.5 ppm Ag.

Sample # Au
g/mt		 Ag
ppm**		 Location Sample
Weight
20333
20334
20359
20360
20361
20362
20363
20364
20365		 1.90 
0.42
1.12
0.22
1.19
5.02
4.16
0.34
5.62		 7.1
13.4
24.3
25.5
35.9
45.5
28.2
13.3
44.6		 L800+05E:331+480N
L800+10E:331+480N
L801+00E:331+460N
L801+00E:331+465N
L801+00E:331+470N
L800+11E:331+475N
L800+11E:331+475N
L801+00E:331+475N
L801+00E:331+475N 		4kg
4kg
4kg
4kg
4kg
4kg
4kg
4kg
4kg

*1ppm = 1g/t

DRILL RESULTS:
The Company announced the final results (See NR 09-01-13) of its 34-hole, 5,498m drill program for the gold-mineralized Soocana Vein System on the Holdsworth Gold Property, Hawk Junction-Wawa Area, Northern Ontario. A total of 2,422 drill core samples were submitted to ActLabs in Thunder Bay for Au, Ag and 36 element ICP analysis.

Hawk also shipped an additional 90kg ((see HUI NR -09-05-04) of Black Sands material from the 4 pit locations in the Black Sands Zone to SGS Labs, Lakefield, Ontario for additional metallurgical testing.

Holdsworth Project -- Drilling Results
The following are highlights of the results from Hawk's 34-hole drill program on its Holdsworth Gold Property.

Hole #     Sample
# 		Depth
(m) 		Interval
(m) 		Au
(g/t) 		Ag
(ppm)
HW 8-05 231215 31-87-32-37 0.50 0.59 0.2
HW 8-06 231509 41.24 -- 41.54 0.30 2.93 0.9
HW 8-07 231346 156.0 -- 157.0 1.0 0.58 0.3
  231347 157.0 -- 158.0 1.0 0.57 0.8
HW 8-09 231462 19.84 -- 20.26 0.42 1.01 0.5
HW 8-11 245006 6.74 -- 7.40 0.66 (13.5)* 4.6
  245033 31.0 -- 32.0 1.0 0.48 0.2
                245034 32.0 -- 33.0 1.0 0.95 0.2
HW 8-13 231664 18.53 -- 19.10 0.57 (22.4)* 10.1
  231665 19.10 -- 19.60 0.50 (35.2)* 7.0
  231704 60.60 -- 61.27 0.67 0.60 0.9
  231705 61.27 -- 61.75 0.48 0.92 0.5
HW 8-14 263403 27.50 -- 28.19 0.69 2.74 0.4
  263405 28.70 -- 29.20 0.50 0.75 0.3
  263406 29.20 -- 29.70 0.50 0.96 0.5
  263407 29.70 -- 30.10 0.40 2.40 0.8
HW 8-20 245330 10.0 -- 10.48 0.48 0.51 0.3
HW 8-21 245433 32.46 -- 33.00 0.54 0.56 <0.2
  245434 33.00 -- 33.59 0.59 3.67 (4.49)* 0.6
  245435 33.59 -- 33.90 0.31 3.28 (3.19)* 1.9
  245437 34.69 -- 35.33 0.64 1.30 <0.2
  245477 103.32- 104.00 0.68 0.61 0.3
HW 8-25 263137 93.40 -- 93.95 0.55 6.42 (6.25)* 2.8
HW 8-27 263171 120.21- 120.66 0.45 2.4 0.2
HW 8-29 263195 108.00- 108.56 0.56 1.05 1.9
HW 8-30 245970 15.0 -- 15.51 0.51 (4.65) 0.7
  245971 15.51 -- 15.95 0.44 (3.41) 0.7
HW 8-31 263225 17.47 -- 18.00 0.53 1.8 3.7
  263247 125.35- 125.92 0.57 5.74 (4.38)* 0.3
HW 8-33 263301 89.46 -- 90.00 0.54 17.7 (17.9)* 5.3

*Bracketed values are Metallic Sieve Au analysis and check results using Metallic Sieve analysis.

Appendix A provides the comprehensive results for this 34-hole program, as well as information regarding the location, spacing and depth of each hole. As disclosed on Appendix A, the results from the holes that are not included in the preceding table returned no significant results.

Appendix A: To view Appendix A table click here: http://hawkuranium.com/pdfs/Appendix_A.pdf

The drilling indicated that at surface the more predominant and continuous quartz+ankerite veins are not mineralized over the entire length and gold mineralization appears to be structurally controlled. The exsolved sugary textured, white, crystalline quartz material occurring at the inflections of fold structures are mineralized with gold. It is believed that deeper drilling is required to test zones at depth where the fold structures flatten out and become more continuous.

The samples, for which results are disclosed, were collected under the supervision of Geologist Randy Singh P.Geo and Geologist Julius Hava P.Geo.

Michael Newbury, P.Eng, a "qualified person" as such term is defined by National Instrument 43-101, and a director of Hawk reviewed the laboratory results that included the assay results disclosed, and has otherwise reviewed and approved the technical information disclosed on behalf of Hawk.

Security and Quality Control
Hawk conducted a thorough quality control program for all its analytical work, which included securing the core boxes after drilling, logging in a secure enclosure and final storing of core in a locked warehouse.

Drill core was sampled in this secure facility by specially trained and supervised personnel. Samples were also sealed and stored in this secure facility before shipping to Actlabs in Thunder Bay.

2008 Summary
The Soocana Vein System of the Holdsworth Gold Property consists of two (2) distinct vein systems, namely a white quartz vein and a quartz--ankerite vein. Only the white quartz vein carries ore grade gold mineralization and is the result of structural deformation resulting from the ex-solving of white quartz vein material. This white quartz vein material is confined to pressure gaps and cracks caused from deformation of the original quartz-ankerite vein and occur as conduits along these pressure gaps.

It is envisioned that these pressure gaps coalesce at depths and are more continuous and as such can lead to a viable gold deposit at depths.

The 2008 Summer Drill program consisted of 34 diamond drill holes totaling 5,498m and resulted in 2,422 samples being submitted to Actlabs of Thunder Bay for Gold, Silver and 36 elements ICP analysis.

Hawk also shipped an additional 90kg of Black Sands material from the 4 pit locations in the Black Sands Zone to SGS Labs, Lakefield, Ontario for additional metallurgical testing -- (see NR May 4, 2009)
Copyright © 2018 by Noble Mineral Exploration Inc.   All rights reserved worldwide.
For more information, send questions and comments to
This page was created on Sun Dec 9, 2018 at 10:14:14 PM Pacific Time.