Nighthawk Hits 252.13 Metres Of 1.84 G/T Gold At Colomac Gold Project

Nighthawk Gold Corp (TSX: NHK) this morning released assay results from four drills holes conducted at its Colomac Gold Project, part of the larger Indin Lake Gold property. The four holes in total accounted for 2,574 metres worth of drilling, which were conducted at three separate zones. The highlight value from these assays consists of 200.45 metres of 2.01 gram per tonne gold on an uncut basis.

While the highlight value is impressive in terms of the length of mineralization, this value is actually an interval of an even larger area of mineralization, which measures at 252.13 metres of 1.84 grams of gold at Zone 2.0. The true width of this mineralization is said to be 150 metres. Larger intervals within this mineralization include 19.38 metres of 2.30 g/t gold, 12.50 metres of 3.66 g/t gold and 17.50 metres of 3.35 g/t gold.

The hole, C20-06, is said to be the best continuous downhole mineralization found at the project to date. Mineralization from this hole began at a depth of 466.62 metres, and extended down to 718.25 metres.

Zone 1.5 meanwhile saw hole C20-03 intersect 38.25 metres of 2.09 g/t gold, while hole C20-08 at Zone 3.0 intersect 85 metres of 1.19 g/t gold.

Full assays from today’s release can be found here.

Drilling for the season is now said to be complete at the Indin Lake property, with a total of 22,993 metres completed to date among the smaller Colomac, Treasure Island Gold, and Leta Arm Gold projects included in the property.

Nighthawk Gold last traded at $1.28 on the TSX.


Information for this briefing was found via Sedar and Nighthawk Gold Corp. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Steadright To Conduct Multi-Phased Exploration At Historic Goundafa Polymetallic Mine

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Related News

Kirkland Lake Gold Produces 379,195 Gold Ounces For Q2 2021

Kirkland Lake Gold Ltd. (TSX: KL) announced this morning its production results for Q2 2021....

Monday, July 12, 2021, 09:05:14 AM

New Found Gold Reports Drill Results For Single Hole At Lotto Zone

New Found Gold (TSXV: NFG) this morning released assay results from a single drill hole...

Friday, October 2, 2020, 08:36:52 AM

Blackrock Gold To Raise $7.5 Million At $0.72 Per Unit

It appears that the recent assays of 2,198 grams per tonne silver equivalent announced by...

Wednesday, July 22, 2020, 09:31:48 AM

Switzerland Bans Gold Imports From Russia

Switzerland, one of the world’s leading gold refiners, banned the import of Russian gold, aligning...

Friday, August 5, 2022, 10:03:01 AM

Vizsla Resources Reports 457 G/T Silver Equivalent Over 18.15 Metres At New Prospect

Vizsla Resources (TSXV: VZLA) this morning released the first assays from the Aguita Zarca prospect...

Wednesday, November 25, 2020, 08:18:43 AM