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Project: | Indin Lake | |
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Deposit: | Colomac, Treasure Island | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 9/5/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 5-9-2019: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Colomac, Treasure Island deposit at the Indin Lake project. Drilling results incl. 58.50m @ 1.93g/t Au from 379.75m. Toronto, Ontario, September 5, 2019 – Nighthawk Gol | |
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, September 5, 2019 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK) is pleased to provide an update on the latest drill results from both its flagship Colomac Gold Project (“Colomac”) and the Treasure Island Gold Project (“Treasure Island”), located within the north central region of its 100% owned Indin Lake Gold Property, Northwest Territories, Canada. Results for nine holes (4,276.89 metres) drilled at Colomac’s Zone 1.5 and two holes (690 metres) recently completed at Treasure Island are reported (Table 1, Figures 1, 4). Dr. Michael Byron, President and Chief Executive Officer said, “We are excited to resume our drilling program at Treasure Island and to follow up on our very successful 2018 program which delivered many noteworthy intercepts and discoveries. We consider Treasure Island as one of our key regional prospects and given that its extensive broad mineralized envelope hosts internal higher-grade domains, we believe that we are well on our way to realizing a first-class asset to compliment Colomac. Focused activities continue at Colomac, as we test the deposit around hole C19-08, Colomac’s best intercept on record, and to explore the northern margins of Zone 1.5. We are well on track to exceed last year’s record of 32,500 metres drilled, and project that this year we will meet or exceed 40,000 metres. 2019 has been an exceptional year so far and we eagerly await the remaining drilling and regional exploration results and their expected new discoveries.” | |
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