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Project: | Indin Lake | |
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Deposit: | Leta Arm | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 7/5/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 5-7-2018: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Leta Arm deposit at the Indin Lake project. Drilling results incl. 17.50m @ 5.81g/t Au from 159.0m. Toronto, Ontario, July 5, 2018 – Nighthawk Gold Corp. (“Nighthawk” o | |
Resources: | 50.35Mt @ 1.62g/t Au for 2.613Moz Au contained at Colomac | |
CP/QP: | [Overall Report]: Michael Byron (Internal) | |
ABSTRACT: | Toronto, Ontario, July 5, 2018 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) is pleased to announce drill results from the Leta Arm Project (“Leta Arm”). Twenty-two holes (5,169 metres) were recently completed at the Diversified deposit, as well as the Number 3, and Lexindin showings, highlighted by a new discovery at Diversified where hole DV18-08 intersected 17.50 metres of 5.81 grams per tonne (“gpt”) gold (“Au”), including 9.25 metres of 9.65 gpt Au, and 4.75 metres of 18.12 gpt Au. Dr. Michael Byron, President and CEO commented, “Given our positive exploration results todate, we are confident that the four Leta Arm gold deposits and showings are part of the same mineralized system as they share similar styles of mineralization, mineralized widths, general morphology, a common steep northern plunge, and are distributed along a linear array. We intend to continue advancing our understanding on the mineralization controls in this high-profile region and will broaden our exploration efforts along the 10 kilometres of mineralized stratigraphy in search of new discoveries. Leta Arm is just one of the many projects that we are aggressively exploring in 2018 and features prominently in our objective of realizing the untapped potential of this fertile gold camp.” Leta Arm lies sixteen kilometres southwest of Nighthawk’s Colomac Gold Project (“Colomac”), Northwest Territories, Canada (Figure 1) and straddles the Leta Arm Fault Zone (“LAFZ”), a north- | |
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