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Nighthawk Gold Corp.
Summary
| Project: | Indin Lake | |
|---|---|---|
| Deposit: | North Inca | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-6-2018: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its North Inca deposit at the Indin Lake project. Drilling results incl. 25.50m @ 2.68g/t Au from 94.25m. Toronto, Ontario, June 26, 2018 – Nighthawk Gold Corp. (“Nighthaw | |
| Resources: | 50.35Mt @ 1.62g/t Au for 2.613Moz Au contained at Colomac | |
| CP/QP: | [Overall Report]: Michael Byron (Internal) | |
| ABSTRACT: | Toronto, Ontario, June 26, 2018 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) is pleased to announce drill results for eleven holes (2,513 metres) recently completed at its North Inca gold deposit. North Inca is one of four gold deposits within the Company’s Leta Arm Gold Project (“Leta Arm”) that straddle a well mineralized, 10 kilometres long by 500 metres wide, deformation zone located sixteen kilometres southwest of the Colomac Gold Project (“Colomac”), Northwest Territories, Canada (Figure 1). Drilling of the other three Leta Arm deposits (Diversified, Number 3, and Lexindin) is now complete with results forthcoming. Dr. Michael Byron, President and CEO commented, “Leta Arm is one of our principal projects, and a prime example of the type of emergent opportunity that exists in this juvenile gold camp. Given the camp’s underexplored nature, we believe that many other prospects of similar magnitude remain to be discovered. Leta Arm is also a strategic asset in terms of our objective of delivering potential satellite gold ounces to augment any future Colomac production scenario. In March we launched our 2018 campaign with three rigs drilling the four Leta Arm deposits. Initial results have shown the expansion potential of the North Inca vein systems and validated our latest exploration model. We are awaiting the findings of our recently completed Induced Polarization survey, as results of that work are expected to assist with future drill targeting throughout the Leta Arm corridor and may also provide valuable insight into any possible relationship between the four deposits. Additional results will be released as they become available. | |
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