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By Shane Lasley
Mining News 

PEA outlines robust Colomac gold mine

3.3M oz operation generates a 42% IRR and C$1.17 billion NPV North of 60 Mining News – April 28, 2023


Last updated 4/27/2023 at 6:13pm

An inukshuk, a rock formation in the likeness of a human, at Colomac Camp.

Nighthawk Gold Corp.

An inukshuk sits on a rise overlooking the Colomac camp on Nighthawk's Indin Lake property in Northwest Territories.

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 res...

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