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Nighthawk encouraged; first holes grow Zone 1.5

 

Last updated 9/18/2016 at Noon



Nighthawk Gold Corp. Sept. 13 reported initial results from the 2016 drill program at its Indin Lake gold property in the Northwest Territories.

This 10,000-meter program is focused on expanding the recently discovered high-grade gold mineralization at Zone 1.5 of the Colomac deposit and exploring for additional higher-grade domains.

Highlights from five holes drilled at Zone 1.5 include: 52.07 meters (40 meters true width) of 7.72 grams per metric ton gold in hole C16-03; 31.45 meters (25 meters true width) of 4.14 g/t gold in hole C16-01; and 39.6 meters (32 meters true width) of 2.38 g/t gold in hole C16-01B. Nighthawk said drilling continues to reinforce the growth potential of Zone 1.5, which has been traced for more than 100 meters along strike, and to a depth of over 200 meters.

"We are extremely encouraged with our drilling at Colomac's Zone 1.5.

We have not only proven that distinct higher grade domains clearly exist at Colomac, but that they can be sizable bodies of relatively predictable geometry and great continuity.

Subsequent holes will further refine our understanding and help target new opportunities as we continue to advance this multi-million ounce, underexplored deposit," said Nighthawk President and CEO Michael Byron.

Author Bio

Shane Lasley, Publisher

Over his more than 11 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.

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