The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 25 of 74
Signals successful Nighthawk, Moneta merger. STLLR Gold Inc. Feb. 12 opened trading on the Toronto Stock Exchange, signaling the successful merger between former Nighthawk Gold Corp. and Moneta Gold Inc. Attended by former president and CEO of Nighthawk, Keyvan Salehi, who now sits as president and CEO of STLLR, the new management team at STLLR, and Omar Khafagy, manager of corporate access at TSX, the company celebrated its recent merger with the successful opening of a...
Nighthawk Gold Corp. Jan. 29 announced that its merger with Moneta Gold Inc. is on track for completion on Feb. 6. First announced in late November, the merger would result in a stronger gold exploration company with two Canadian projects in the near development stage, Nighthawk's Colomac gold project on the Indin Lake property in Northwest Territories and Moneta's Tower gold project in Ontario. A preliminary economic assessment prepared for Nighthawk last April outlines plans...
Reaching the next milestone in mineral exploration, Nighthawk Gold Corp. ushered in 2023 with a preliminary economic assessment for its Colomac gold project in Northwest Territories. With the study indicating strong economics for the proposed mine, 2023 exploration was just the cherry on top for this great success. "The results of our PEA demonstrate that the Colomac gold project has the potential to be a phenomenal asset, and the PEA is a monumental milestone for our company,...
With a summer marred by unprecedented wildfires behind them, companies exploring the mineral-rich Northwest Territories are reporting impressive results from their 2023 programs. Seeking new deposits of valuable minerals, ranging from ever-popular diamonds and precious metals to recently designated "critical minerals," such as lithium, rare earth elements and zinc, a score of explorers took to the field across the territory. "An exciting new chapter is emerging for mining in t...
Nighthawk Gold Corp. Oct. 23 announced its inaugural environmental, social, and governance report for the company's flagship Colomac Gold project in Northwest Territories, Canada, representing the growing trend of mineral explorers highlighting ESG efforts that will add value to projects that hope to be developed into clean and sustainable mines. Lying at the heart of its 930-square-kilometer (359 square miles) Indin Lake property, the Colomac project is home to a...
Nighthawk Gold Corp. Aug. 8 announced assay results from drilling at Cass, one of four satellite targets contributing to the mineral resource estimate for the Indin Lake gold project in Northwest Territories, Canada. The 930-square-kilometer (359 square miles) Indin Lake property covers the northern end of the West Bay-Indin Lake fault zone, a regional structure that extends 125 miles (200 kilometers) south to the Giant and Con mines near Yellowknife, NWT. The historical...
Nighthawk Gold Corp. April 26 published results from a preliminary economic assessment that details very strong economics for a mine at its Colomac project in Northwest Territories that would produce 3.26 million ounces of gold over 11.2 years of operation. The PEA envisions a "hub-and-spoke" mining operation with a 17,000-metric-ton-per-day mill located at Colomac Centre, where most of the resources are located, with ore from satellite deposits across the 359-square-mile...
Nighthawk Gold Corp. Feb. 9 released an updated resource estimate that will support a preliminary economic assessment for its Colomac gold project and includes initial resources for several satellite deposits across the 359-square-mile (930 square kilometers) Indin Lake property in Northwest Territories. Nighthawk is considering a mining operation at the more than 3-million-ounce gold resource at Colomac, which is expected to serve as a hub for processing higher-grade gold...
Toward its primary goal of expanding near-surface high-grade gold at Indin Lake, Nighthawk Gold Corp. completed 40,085 meters of drilling within the Colomac Centre and higher-grade satellite gold targets across its district-scale gold property in Northwest Territories. The 359-square-mile (930 square kilometers) Indin Lake property covers the northern end of the West Bay-Indin Lake fault zone, a regional structure that extends 125 miles (200 kilometers) south to the Giant and...
Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international challenge to seek out large deposits of critical minerals. Early in the year, government officials noted that industry interest in diamonds, gold, and especially critical minerals boded well for the NWT economy in the coming year. "An exciting new chapter is emerging for mining in the...
Nighthawk Gold Corp. Nov. 15 announced that this year's drilling cut bonanza-grade gold in the Cass deposit on the company's Indin Lake property in Northwest Territories. According to a calculation completed in March, Indin Lake hosts 58.2 million metric tons of indicated resource averaging 1.44 grams per metric ton (2.69 million oz) gold, plus 19.7 million metric tons of inferred resource averaging 2.1 g/t (1.33 million) gold. This year, Nighthawk carried out a 40,085-meters...
Nighthawk Gold Corp. July 19 reported the first batch of assays from its 2022 program at the Indin Lake gold project in Northwest Territories, which includes gold intercepts from resource expansion holes at the Colomac Main and Grizzly Bear deposits. In May, Nighthawk announced plans to complete up to 100,000 meters of drilling at Indin Lake over the next two years. According to a calculation completed in March, Indin Lake hosts 58.2 million metric tons of indicated resource...
Nighthawk Gold Corp. March 8 reported a massive expansion to the amount of gold in the surface mineable indicated and inferred resources at Indin Lake, demonstrating the potential for a future large-scale, higher-grade, open pit project at this district-scale property in Canada's Northwest Territories. According to the new calculation, Indin Lake hosts 46.4 million metric tons of open pit mineable indicated resource averaging 1.38 grams per metric ton (2.06 million oz) gold....
Nighthawk Gold Corp. Jan. 31 reported results from 31 holes drilled at the Colomac, Grizzly Bear, and 24 deposits during the second phase of a 72,325-meter 2021 drill program at Indin Lake, the largest drill program ever at this 930-square-kilometer (359 square miles) gold property in Northwest Territories. According to calculation completed last May, Indin Lake hosts 38.7 million metric tons of indicated resource averaging 1.81 grams per metric ton (2.25 million ounces) gold...
Mineral exploration activity in Northwest Territories showed signs of revival in 2021, coming on the heels of the slowest year in recent memory. Excited by renewed interest in gold deposits in and around the capital city of Yellowknife and other hot spots after the pandemic-related restrictions of 2020, juniors joined longtime explorers Nighthawk Gold Corp. and Gold Terra Resource Corp. (formerly TerraX Minerals) in hunting for the yellow metal across the 1.14...
After kicking off 2021 with a major upgrade and expansion to the mineral resources at Indin Lake, Nighthawk Gold Corp. launched the largest drill program ever at this 930-square-kilometer (359 square miles) gold property in Northwest Territories. According to the May calculation, Indin Lake hosts 38.7 million metric tons of indicated resource averaging 1.81 grams per metric ton (2.25 million ounces) gold, a 35% increase over the 2020 resource estimate, and 11.5 million metric...
Nighthawk Gold Corp. Sept. 28 reported assay results from 17 drill holes that essentially double the strike length of gold mineralization at the 24/27 deposits about 4,000 meters east of the main Colomac deposit on the company's Indin Lake gold property in Canada's Northwest Territories. According to a calculation completed in February, five deposits at Indin Lake host 38.7 million metric tons of indicated resource averaging 1.81 grams per metric ton (2.25 million ounces)...
Nighthawk Gold Corp. Aug. 3 reported that one hole drilled into the high-grade core of the Cass target at Indin Lake cut 51 meters averaging 6.92 grams per metric ton gold, confirming that this area could add both tonnage and grade to the resources established on the Northwest Territories property. According to a calculation completed earlier this year, Indin Lake hosts 38.7 million metric tons of indicated resource averaging 1.81 g/t (2.25 million ounces) gold and 11.5...
Nighthawk Gold Corp. May 8 reported the first batch of results from a planned 75,000-meter drill program at its Indin Lake gold property in Canada's Northwest Territories. This enormous 2021 drill campaign has been divided into two parts, with the roughly 45,000-meter initial phase focused primarily on resource expansion targets at Colomac, the most advanced project at Indin Lake. According to a calculation completed earlier this year, Indin Lake hosts 38.7 million metric...
Nighthawk Gold Corp. April 13 announced that a planned 41,420-meter phase 1 2021 drill program is well underway at its Indin Lake gold property in Canada's Northwest Territories. Roughly 55% of this initial phase of drilling, which began in late March and is expected to be completed in July, will test greenfield targets. The balance will focus on resource expansion. According to a calculation released on March 1, Indin Lake hosts 38.7 million metric tons of indicated resource...
Nighthawk Gold Corp. March 1 reported significant increases to all resource categories at its Indin Lake gold property in Northwest Territories. According to the latest calculation, Indin Lake hosts 38.7 million metric tons of indicated resource averaging 1.81 grams per metric ton (2.25 million ounces) gold, a 35% increase over the 2020 resource estimate, and 11.5 million metric tons of inferred resource averaging 2.13 g/t (790,000 oz) gold, a 60% increase over last year. The...
Nighthawk Gold Corp. March 11 reported that the Tlicho Road connecting the community of Whati, Northwest Territories to Highway 3 remains on pace to be completed this fall. Being constructed along an existing winter route, the Tlicho Road will bring all-season access 97 kilometers (60 miles) closer to Nighthawks Indin Lake gold property, which lies about 160 kilometers (100 miles) northeast of Whati. The construction of this road into mineral-rich areas is being funded...
For many mining companies eyeing prospects in Canada's far north, 2020 presented insurmountable challenges. But for the few explorers and producers focused on Northwest Territories, the year proved to be quite productive, even as a global coronavirus pandemic added expensive restrictions to already costly campaigns. Rigorous restrictions imposed by local and federal officials to quell potential outbreaks of the disease at mining camps and prevent its spread to local...
Like many mineral exploration companies carrying out pre-pandemic winter drill programs across the North, Nighthawk Gold Corp. made the decision to wind down operations at its Indin Lake gold property in Canada's Northwest Territories in March due to COVID-19. In the three months to follow, the company kept in contact with territorial government and health officials as it worked out a plan to safely resume the planned 25,000-meter drill program at its district-scale gold prope...
Nighthawk Gold Corp. Oct. 21 said it is encouraged by the drilling in resource expansion areas of the Colomac project on its Indin Lake gold property in Canada's Northwest Territories. According to a calculation completed earlier this year, Colomac hosts 25.9 metric tons of indicated resource averaging 2.01 grams per metric ton (1.67 million ounces) gold; plus 5.7 million metric tons of inferred resource averaging 2.03 g/t (372,500 oz) gold. Much of this resource is found...
