Thunderwood’s Gold Hawk yields high grade gold

Thunderwood is taking a close look at the No 1 quartz vein on its wholly-owned Gold Hawk property via the production shaft of neighbor Aur Resources’ (TSE) Kierens zone gold strike.

Surface drilling has already indicated a 700-ft strike length for a structure which extends onto Aur’s adjacent First Canadian property. The zone has been tested to a depth of 1,175 ft.

So far, Thunderwood has only progressed for about 375 ft on the 750-ft level but already it is encountering high grade gold mineralization over mineable widths.

“Muck samples in the No 1 vein average 0.46 oz over a mining width of 5.6 ft (including 235 ft averaging 0.65 oz),” said President John Heslop.

“Panel chip samples of successive faces over comparable drift lengths average 0.70 oz and 1.06 oz respectively,” he said.

Thunderwood expects to spend around $1.5 million on an underground program which includes 1,600 ft of crosscutting, 460 ft of drifting and 100 ft of raising in the gold zone.

“Everything is looking good at the moment,” said Heslop, who is taking a very rigorous approach to the sampling process. He said the average grade of assays obtained from No 1 vein muck samples is 0.39 oz gold over 455 ft of drift completed to date.

“That grade is calculated from the averages of three assays from a 100 lb sample from each muck round,” he told The Northern Miner. Thunderwood has stockpiled 1,650 tons of ore on surface and an additional 1,650 tons will be added before the current program is completed on March 31.

Heslop said results have been so encouraging that the program has been expanded to include additional raising and subdrifting. But no decisions have yet been made on where the stockpiled ore will be processed.

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