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Project: | Indin Lake | |
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Deposit: | Colomac | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 10/25/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 25-10-2017: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Colomac deposit at the Indin Lake project. Drilling results incl. 89.10m @ 1.52g/t Au from 203.10m. Toronto, Ontario, October 25, 2017 – Nighthawk Gold Corp. (“Nighth | |
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, October 25, 2017 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) today announced additional drill results from its wholly owned Colomac Gold Project located within its Indin Lake Gold Property, Northwest Territories, Canada. Drilling at Zone 1.0 and Zone 2.0 has intersected broad zones of gold mineralization with internal higher-grade intervals (Table 1 ; Figures 1 to 5). Drill hole C17-17B delivered one of the best intercepts to-date from the northern region of Zone 2.0, returning 89.10 metres (50.00 metre true width) grading 1.52 grams per tonne gold (“gpt” “Au”), including 12.00 metres of 5.02 gpt gold, and including 6.40 metres of 8.61 gpt gold. Drilling has also been successful in extending Zone 1.0 to depth, and hole C17-19 yielded the zone’s best intercept of 48.50 metres (45.00 metres true width) grading 1.88 gpt gold, including 20.00 metres of 3.07 gpt gold, and including 9.85 metres of 5.08 gpt gold. The zone remains open down plunge and along strike to the north for expansion. | |
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