Nighthawk traces new high-grade gold deeper

 

Last updated 10/16/2016 at Noon



Nighthawk Gold Corp. Oct.16 said this summer's drill program supports the existence of high-grade domains within the Colomac mineralized system of its Indin Lake gold property in Northwest Territories.

Earlier this year, Nighthawk reported results from step-out drilling at the newly discovered Zone 1.5, where C16-03 cut 52.07 meters averaging 7.72 g/t gold.

Further drilling shows that the zone continues uninterrupted to depth.

One such hole, C16-03B, cut 72.65 meters of 5.58 g/t gold.

"We've always considered the existence of distinct higher-grade domains as a very real opportunity at Colomac, although previous to this drilling they had yet to be constrained," said Nighthawk President and CEO Michael Byron.

This year's program included 8,390 meters in 34 holes designed to delineate Zone 1.5, test for other higher-grade prospects within the Colomac and Goldcrest sills.

Beyond Colomac, Nighthawk advanced several other highly prospective targets across its vast Indin Lake land package.

Ongoing regional prospecting and mapping programs have been effective in that process and in identifying exciting new prospects

Author Bio

Shane Lasley, Publisher

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Over his more than 16 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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