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Nighthawk Gold Corp.
Summary
| Project: | Indin Lake | |
|---|---|---|
| Deposit: | Colomac | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-11-2017: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Colomac deposit at the Indin Lake project. Drilling results incl. 152m @ 2.47g/t Au from 48.6m . Toronto, Ontario, November 28, 2017 – Nighthawk Gold Corp. (“Nighthaw | |
| 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, November 28, 2017 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) is pleased to report on additional drilling from its 100% owned Colomac Gold Project located within its Indin Lake Gold Property, Northwest Territories, Canada. Twelve drill holes, totalling 4,759 metres, targeted new areas within Zone 1.5 and Zone 2.0 of the Colomac Main sill, and continued to test the underexplored region between the two zones (Figures 1 to 5; Table 1). Hole C17-28 was drilled to the north down plunge within the high-grade core of Zone 1.5. It intersected several regions of continuous mineralization over its entire 780.61 metre downhole length, making it one of the best holes ever drilled at Colomac, highlighted by 152.00 metres of 2.47 grams per tonne gold (“gpt” “Au”), including 34.70 metres of 4.27 gpt Au, and 9.65 metres of 6.90 gpt Au; and 185.05 metres of 1.13 gpt gold, including 38.30 metres of 1.69 gpt Au, and 7.70 metres of 4.82 gpt Au. Drilling to date has expanded Zone 1.5 to new depths and along strike, validating its high-grade gold exploration model. Dr. Michael Byron, President and CEO commented, “Hole C17-28 has provided invaluable insight into the nature and scale of mineralization at high-grade Zone 1.5, and accordingly, elevated our understanding of the probable geometry of similar but less explored high-grade zones within the sill. In confirming our model for the zone’s internal higher-grade core, and successfully tracking its continuous mineralization to great depth, we are quickly developing a blue print for exploration that we are confident will lead to other exciting discoveries | |
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