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Nighthawk Gold Corp.
Summary
| Project: | Indin Lake | |
|---|---|---|
| Deposit: | Colomac | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-7-2017: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Colomac deposit at the Indin Lake project. Drilling results incl. 55.35m @ 3.00g/t Au from 269.55m. Toronto, Ontario, July 13, 2017 – Nighthawk Gold Corp. (“Nighthawk” | |
| 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, July 13, 2017 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK) today announced additional drill results from its wholly owned Colomac Gold Project located within its Indin Lake Gold Property, the Northwest Territories, Canada. Drilling focused on the continued expansion of high-grade Zone 1.5 (see Table 1; Figures 1 to 5), testing its extension to depth and along strike to the north and south of previously reported intersections. All three holes intersected broad zones of mineralization, an early indication that continuity exists between the zones. Dr. Michael Byron, President and CEO said, “We are almost halfway through our 2017 drilling program and are very encouraged to see that 100% of the holes reported to date have intersected gold mineralization. We are also excited to have significantly expanded high-grade Zone 1.5 along strike and to depth. The zone’s well-established continuity and rapid expansion offer considerable insight into Colomac’s incredible untapped potential; one that we remain committed to fulfilling. Drilling the resource gap between high-grade Zones 1.5 and 2.0, thereby testing for a possible link between the two, has always been a priority for the Company. Although still early, today’s results suggest that the zones may merge and possibly develop into a single higher-grade domain extending upwards of 300 metres in strike. This would represent a key turning point for Nighthawk as both zones have only seen relatively shallow drilling, and remain open for expansion to depth.” | |
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