Source: E2Gold Inc
  • E2Gold (TSXV:ETU) has nearly completed Grid 3 mapping at the Hawkins Project in Ontario, bringing it to drill ready status
  • The company has started its 2023 field exploration program on targets generated by soil geochemistry and geophysics
  • Grid 3 is west of the McKinnon Zone, where geologists are examining several combined geophysical and soil anomalies
  • E2Gold Inc. (ETU) opened trading at $0.03 per share

E2Gold (TSXV:ETU) has nearly completed Grid 3 mapping at the Hawkins Project, bringing it to drill ready status.

The company has started its 2023 field exploration program on targets generated by soil geochemistry and geophysics, in collaboration with regional artificial intelligence and structural interpretation on the broader Hawkins Project.

Source: E2Gold Inc.

Grid 3 is west of the McKinnon Zone, where geologists are examining several combined geophysical and soil anomalies. In addition to gold, the team reported that many of these anomalies have the potential for copper-nickel discoveries.

Following this, exploration will extend to the outer-reaches of the project and develop a pipeline of highly prospective areas for future drill programs.

The Hawkins Gold Project is in north-central Ontario and hosts an inferred mineral resource of 6.2 million tonnes at 1.65 grams per tonne of gold, for 328,800 ounces of gold.

Source: E2Gold Inc.

The company’s CEO, Dr. Eric Owens, stated, “Hawkins is a large project with great potential and little surface exploration work beyond the McKinnon Zone. Because the property is covered by Boreal forest, we are using all available tools that modern technology can provide to “see though” the surface cover and delineate locations for future drilling.”

E2Gold Inc. is a Canadian gold exploration company with a large flagship property, the 80 km long Hawkins Gold Project. E2Gold recently launched a private placement at $0.035 per unit, to raise aggregate gross proceeds of up to $101,369. Click here to read more.

E2Gold Inc. (ETU) opened trading at $0.03 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

More From The Market Online

KWESST to provide situational awareness for the Canadian Red Cross

KWESST Micro Systems (TSXV:KWE) wins a contract to provide a situational awareness app to support the Canadian Red Cross.

Air Canada stock rises as service from Ottawa grows

Air Canada (TSX:AC) boosts its schedule serving Ottawa by almost 60 per cent with more flights across the nation.

Odd Burger to add 40 locations in Florida

Odd Burger (TSXV:ODD) will develop 40 new locations in Florida over the next eight years, with its sights set on further U.S. expansion.