RE: depressing.......but thats just hunting.....
You sure you didn't hit him in the paunch? I've done that in the past and found a little blood and hair, but I kept looking and eventually found her. I left her overnight and found her after about 4 hrs of grid searching the area the next day.
45lbs and mechanicals are a bad combo, but I'm sure that you know that now. Find a decent head for your setup and good luck the rest of the year.