HAWKINS PROJECT

HAWKINS PROJECT

Overview

With claims originally staked by Don McKinnon (of the Hemlo gold deposit), the Hawkins Project consists of 419 optioned claims and 520 E2Gold Claims. The current focus of exploration activities is the McKinnon Deposit, which consists of the original McKinnon claims, along with the historical Shenango shafts, from which 66oz Au was produced.

Technical Reports

Exploration and Project Strategy

The initial focus will be on enlarging the McKinnon gold deposit with current Inferred Resource of 6.20 Mt at 1.65 g/t Au for 328,800 oz Au. Drilling will focus on in-fill, step-out, and at depth of the McKinnon deposit. Exploration of the lesser known areas will take the form of reconnaissance mapping.

Accessibility

The project is accessible year-round through paved roads, logging roads and railway lines. Located strategically just south of the Trans-Canada Highway and on the confluence of two active railway lines. The land consists of both semi-boggy and dry areas, allowing for year-round drilling.

Reserve and Resource Summary

Pit-Constrained Resource
Out of Pit Resource
Total Inferred Resource
Tonnes
Au (g/t)
Au (koz)
Tonnes
Au (g/t)
Au (koz)
Tonnes
Au (g/t)
Au (koz)
5.9
1.39
236,300
0.9
3.16
92,500
6.2
1.65
328,800

Forward Looking Exploration Plan

E2Gold has a detailed plan in place to move forward with exploration.

Card #1
Pre-drilling construction and planning.
Card #2
Phase 1 drilling – 4,000m.
Card #3
Test IP Geophysical Survey.
Card #4
Drilling and geophysics results interpretation; field season and Phase 2 drill program planning.
Card #5
Summer field season (mapping campaign).
Card #6
Phase 2 drilling – 4,000m.
January
February - April
February
April – June
June – October
July - September