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Nighthawk Gold Corp.
Summary
| Project: | Indin Lake | |
|---|---|---|
| Deposit: | Colomac | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-12-2017: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Colomac deposit at the Indin Lake project. Drilling results incl. 9.50m @ 22.41g/t Au from 222.30m. Toronto, Ontario, December 13, 2017 – Nighthawk Gold Corp. (“Night | |
| Resources: | (Resource, Inf.): 39.8Mt @ 1.64g/t Au for 2.1Moz Au contained at project | |
| CP/QP: | [Overall Report]: Michael Byron (Internal) | |
| ABSTRACT: | Toronto, Ontario, December 13, 2017 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) is pleased to report drill results from its 100% owned Colomac Gold Project located within its Indin Lake Gold Property, Northwest Territories, Canada. The Company recently completed a 26,168 metre drill program primarily focused on resource expansion opportunities within the Colomac Main and Goldcrest sills, with continued delineation of high-grade gold Zone 1.5, and ongoing exploration for additional higher-grade domains within the Colomac area sills. Drill results are reported for thirteen holes testing the Goldcrest sill (“Goldcrest”), totaling 3,308 metres, (Table 1, Figure 1) to follow-up on Nighthawk’s successful 2014 and 2016 drill programs, including the further evaluation and definition of a higher-grade zone discovered in 2014. Several new occurrences of strong mineralization over significant widths were intercepted. Highlights include intersections of 22.40 metres of 5.40 grams per tonne gold (“gpt” “Au”), including 10.20 metres of 8.48 gpt Au, and 5.80 metres of 13.68 gpt Au; and 9.50 metres of 22.41 gpt Au, including 5.35 metres of 39.42 gpt Au. Drilling to date has broadened Goldcrest mineralization along strike and to new depths, highlighting its burgeoning capacity for growth. | |
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