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Nighthawk Gold Corp.
Summary
| Project: | Indin Lake | |
|---|---|---|
| Deposit: | Colomac | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-12-2019: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Colomac deposit at the Indin Lake project. Drilling results incl. 110.50m @ 1.89g/t Au from 702.25m. Toronto, Ontario, December 3, 2019 – Nighthawk Gold Corp. (“Nighth | |
| 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, December 3, 2019 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) is pleased to report assay results for seven drillholes (2,685 metres) completed on Zones 2.0, 3.0 and 3.5 of the Colomac Main Sill, part of the Colomac Gold Project (“Colomac”) centrally located within its Indin Lake Gold Property, Northwest Territories, Canada (Table 1). Hole C19-39B at Zone 2.0 shows the continued widening of the mineralized portion of the sill to depth, where the true width has grown to more than 110 metres at vertical depths of 700 metres below surface. This hole was drilled approximately 270 metres to the south of the deepest intersection at Zone 1.5 (hole C17-15C), where drilling in 2017 showed a similar widening of the mineralized portion of the sill to 155 metres in true width (see press release dated September 18, 2017). The newly defined panel of mineralization, formed by the merger of high-grade Zone 1.5 with the northern part of Zone 2.0, has now been traced approximately 500 metres in strike with its narrowest width of 30 metres at shallow depths but expanding to upwards of 155 metres at 800 metres vertical depth where it remains open (Figure 3). Two holes drilled at the southern end of Zone 3.5 within a previous unexplored area, have intersected shallow high-grade mineralization outside and west of the quartz diorite portion of the sill. These intercepts represent a new style of Colomac mineralization that will need to be further explored in 2020. | |
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