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Nighthawk Gold Corp.
Summary
| Project: | Indin Lake | |
|---|---|---|
| Deposit: | Colomac | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-11-2018: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Colomac deposit at the Indin Lake project. Drilling results incl. 25.25m @ 3.42g/t Au from 137.50m. Toronto, Ontario, November 19, 2018 – Nighthawk Gold Corp. (“Night | |
| Resources: | (Resource, Inf.): 50.35Mt @ 1.62g/t Au for 2.613Moz Au contained at Colomac (Indin Lake Project) | |
| CP/QP: | [Overall Report]: Michael Byron (Internal) | |
| ABSTRACT: | Toronto, Ontario, November 19, 2018 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) is pleased to report drill results from nineteen holes (4,752 metres) at its 100% owned Colomac Gold Project ("Colomac"), in the Northwest Territories. A total of 15,952 metres of drilling was completed at Colomac including drilling results from Grizzly Bear, and Zones 3.0 and 1.5 which were previously released. Additional drilling from the Company’s regional targets within its Indin Lake Gold Property is still pending and will be released as assays become available. Drilling targeted near-surface areas within the Colomac sill considered prospective for hosting high-grade mineralization extending below the current resource at Zones 2.0, 2.5, and 3.0, all of which have had limited drilling to depth. Drilling also aimed to infill gaps in drill coverage between shallow historical holes and deeper holes drilled by the Company in 2012. All holes intersected broad relatively uniform mineralization (Table 1), highlighted by four shallow holes collared at the north end of Zone 2.5 (C18-25 and C18-27 series holes) that traced nearsurface higher-grade mineralization to depth (Figure 1), indicating the presence of a new steeply plunging mineralized shoot similar to high-grade Zone 1.5 (see press release dated September 18, 2018). These drill results have further strengthened the opportunities for resource expansion between high-grade Zone 3.5 and Zone 2.0, a relatively unexplored 1.5-kilometre-long southern section of the sill, and confirmed the exploration opportunities to depth. | |
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