|Moderated By: HAWKEYEGold TSXV-HGO -- (Moderated) -- Started: 7/5/2012 6:01:16 PM Revision History|
HAWKEYE TO PURCHASE TOP PROPERTY - YUKON TOP Property Link
HAWKEYE Gold & Diamond Inc. (the “Company” or "HAWKEYE): Vancouver, British Columbia: announces that, due to the encouraging results from its 2011 work program, it has converted its previous option on the TOP property to a purchase option agreement. The TOP Property is strategically situated within the Carmacks Caldera, a new and developing discovery area play in the Yukon, Canada. The Company can now purchase a 100% interest in the TOP Property, net of a 2% NSR, by paying the vendor $128,000 this year and $172,000 in 2013. The Company has retained the right to purchase one of the two percentage points of the NSR for $1,000,000.
“Purchasing the TOP property will allow the Company more flexibility in planning and staging appropriate exploration programs on this outstanding gold prospect.”, states Greg Neeld, HAWKEYE's President & CEO.
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