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Nighthawk Gold Corp.
Summary
| Project: | Indin Lake | |
|---|---|---|
| Deposit: | Treasure Island | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/4/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-2-2020: Nighthawk Gold Corp. announces an Exploration/Drilling Update report for its Treasure Island deposit at the Indin Lake project. Drilling results incl. 12.70m @ 8.51g/t Au from 219.85m. Toronto, Ontario, February 4, 2020 – Nighthawk Gold Corp. (“ | |
| 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, February 4, 2020 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZD) is pleased to report drill results on the remaining nine holes (2,800 metres) from its Treasure Island Gold Project (“Treasure Island”), located 11 km north of the Company’s flagship Colomac Gold Project, within the north-central portion of its 100% owned Indin Lake Gold Property, Northwest Territories, Canada (Table 1, Figure 1). Drilling continues to define a wide band of consistent mineralization that spans a 750-metre long section of the regional contact between metavolcanic and metasedimentary rock units within the eastern part of the 7- kilometre-long Treasure Island – Laurie Lake Mineralized Corridor (Figure 1). Mineralization remains open along strike to the east and west and represents priority ground for future exploration. Dr. Michael Byron, President and Chief Executive Officer said, “Treasure Island is one of our key satellite prospects proximal to Colomac, and given its extensive broad mineralized envelope hosting internal higher-grade domains, and grossly unexplored status, we believe it has exceptional discovery potential and capability to grow significantly. Results to-date bolster our reasons for consolidating the Indin Lake Gold Camp. Our work on the Damoti Lake gold deposit, the four Leta Arm gold deposits and showings (North Inca, Diversified, #3, Lexindin), and Treasure Island, confirms the existence of other well-mineralized prospects satellite to Colomac. We consider these as potential higher-grade feed candidates that could augment any future mining operation at Colomac.” | |
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