Agreement To Acquire Past Producing Prince Silver Deposit

Agreement To Acquire Past Producing Prince Silver Deposit

VANCOUVER – Hawthorn Resources Corp. entered into a binding letter agreement with Stampede Metals Ltd., to acquire its wholly-owned subsidiary, Stampede Metals Corporation.

“We are very excited to acquire Stampede Metals Corporation with its Prince Silver and Stampede Gap porphyry Cu-Mo projects in exchange for shares,” said, President Ralph Shearing, P.Geol. “The Prince Silver project is a near surface silver-gold-zinc carbonate replacement deposit (CRD) with past production and extensive drilling that is open in all directions. Hawthorn is eager to initiate a drill program on the Exploration Target, as described below, to advance the project towards the contractual Prince Project Milestone goal of a published NI43-101 Technical Report demonstrating aggregate inferred, measured and indicated resources of minimum of 100 million ounces silver equivalent.”