08:39 AM EDT, 06/28/2017 (MT Newswires) -- Hawkeye Gold & Diamond (HAWK.V) on Wednesday entered into a Sale and Purchase Agreement (SAPA) with the Keithley Creek Project to acquire a 100% interest in the 3,600 hectare property 30 kilometres south of the town of Barkerville, BC, Canada. The property lies within the terrane that hosts current gold mine development and exploration projects of Barkerville Gold Mines. Adjacent to it are historic and recent gold mines.

Chief Executive Officer Greg Neeld said "Our land position has increased to 8,644 hectares and we plan to acquire more claims in the Barkerville area. The Keithley Creek Property is on geological strike with known lode gold prospects and past-producing placer gold mines in multiple drainages. The Company has purchased the Property based on its favourable location, geology, structure and geophysical features. BGM is drilling 250,000 metres within two years and its success identifying greenfield drill targets points to increased potential and opportunity within the Barkerville-Cariboo gold district."

Hawkeye shares on recent trading were at $0.09, near the 52-week low in a range of $0.06 - $0.32.

Price: 0.09, Change: 0, Percent Change: 0