VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 21, 2007) - Hawthorne Gold Corp. ("Hawthorne") (TSX VENTURE:HGC) is pleased to announce the appointment of F. Marlin Murphy, B.Sc., P. Ag., CCEP, as the company's Manager of Environmental and Government Affairs. Mr. Marlin's initial responsibility will be to assist in the advancement of the Frasergold property located in central British Columbia.
Mr. Murphy brings over 25 years of environmental and government relations experience to Hawthorne, with previous senior management positions with EBA Engineering, Compliance Energy Corporation, Barrick Gold Corporation, Homestake Mining Company, and Cassiar Mining Corporation. Mr. Murphy has been involved with the completion of various mine permitting projects, including startup, both Federal and Provincial environmental and regulatory submissions, the design and maintenance of monitoring and reclamation programs, and liaison activities with First Nation governments.
About the Frasergold Option Agreement
Pursuant to an option agreement dated October 31, 2006 between Hawthorne and Eureka Resources Inc. (TSX VENTURE:EUK), Hawthorne can earn a 51% interest in the Frasergold property by completing exploration expenditures totaling $3.5 million, completing a feasibility study by April 30, 2010 and making cash payments totaling $175,000 before October 31, 2009. Hawthorne can earn a further 9% (for a total of 60%) by arranging financing for 70% of the estimated capital costs for production.
About Hawthorne Gold Corp.
Hawthorne Gold Corp. is a Canadian-based gold exploration and development company with key properties located in British Columbia, Canada. Hawthorne Gold is managed by well-respected mining leaders Richard Barclay and Michael Beley. Together with mining veteran Michael Redfearn, and a strong board of Directors from across the mining industry, the goal is to become another successful gold company through focused exploration initiatives, continued development of the Frasergold mineral deposit and potential acquisitions of other projects.
ON BEHALF OF HAWTHORNE GOLD CORP.
Richard J. Barclay, President & CEO
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
Hawthorne Gold Corp.
(604) 629-1505 or Toll Free: 1-888-629-1505
(604) 629-0923 (FAX)