For thousands of other reports visit RSC's Mineral Intellingence Map
Nighthawk Gold Corp.
Summary
| Project: | Indin Lake | |
|---|---|---|
| Deposit: | Colomac | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/31/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-10-2019: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Colomac deposit at the Indin Lake project. Drilling results incl. 118.50m @ 1.57g/t Au from 540.75m. Toronto, Ontario, October 31, 2019 – 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, October 31, 2019 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK) is pleased to provide the results for five drillholes (2,862 metres) completed on Zones 1.5 and 2.0 of the Colomac Main Sill, part of the Colomac Gold Project (“Colomac”) centrally located within its Indin Lake Gold Property, Northwest Territories, Canada. Drilling has provided additional evidence for the merger of high-grade Zone 1.5 with the northern part of Zone 2.0 and extended this broad panel of mineralization to new depths below previously reported intersections. Current drilling has established continuity over significant widths with a pathway for expansion along strike and to depth. The Company has now reported results for 49 drillholes (18,902 metres) of the 91 drillhole (35,018 metre) 2019 program at Colomac. Three of the five holes were drilled to test the deposit’s depth extension marginal to the Zone 1.5 - Zone 2.0 boundary fault, a subvertical northeast-southwest (070o ) fault that offsets the two zones creating a slight “dogleg” in the localized strike of the sill (Figure 1). All holes intersected extensive mineralization with C19-35 returning 124.50 metres of 1.12 gpt Au, including 13.50 metres of 3.60 gpt Au, and including 4.75 metres of 7.64 gpt Au; and hole C19-39 returning 118.50 metres of 1.57 gpt Au, including 32.50 metres of 2.62 gpt Au, and including 7.75 metres of 5.10 gpt Au (Table 1). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report