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Nighthawk Gold Corp.
Summary
| Project: | Indin Lake | |
|---|---|---|
| Deposit: | Colomac | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/11/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-9-2018: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Colomac deposit at the Indin Lake project. Drilling results incl. 41.85m @ 2.81g/t Au from 144.65m. Toronto, Ontario, September 11, 2018 – Nighthawk Gold Corp. (“Night | |
| Resources: | (Resource, Inf.): 50.35Mt @ 1.62g/t Au for 2.613Moz Au contained at Colomac | |
| CP/QP: | [Overall Report]: Michael Byron (Internal) | |
| ABSTRACT: | Toronto, Ontario, September 11, 2018 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) is pleased to report drill results from seven holes (2,325 metres) recently completed within high-grade Zone 3.5, part of its 100% owned Colomac Gold Project (“Colomac”). Drilling focused on expanding the high-grade mineralization that was intercepted in the Company’s 2012 program and which returned several extensive gold intercepts (Table 1). Zone 3.5 lies within the southern portion of the Colomac sill, 2.8 kilometres south-southwest of high-grade Zone 1.5 (Figure 1). Current driling targeted and intersected the northward extension of the zone, highlighted by hole C18-09 which tracked mineralization further down plunge to the north intersecting 68.00 metres of 2.24 grams per tonne gold (“gpt” “Au”), including 32.00 metres of 3.59 gpt Au, and 6.40 metres of 5.70 gpt Au. Dr. Michael Byron, President and CEO commented, “Zone 3.5 was the first area within the Colomac sill that showed the capacity to host discrete higher-grade domains. Our drill results to- TSX: NHK 2 date have confirmed this and demonstrated that the zone shows a high degree of consistency and continuity of mineralization to depth, mimicking in many ways what we have shown to be true for high-grade Zone 1.5. Our work in both of these areas has delivered a solid understanding of the exploration and resource growth potential that these higher-grade gold domains represent for the Colomac sill, and remain key areas of focus for exploration at Colomac.” | |
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