Nighthawk expands drilling at Colomac zones 2.0 and 3.0

31 July 2019

Nighthawk Gold Corp. is pleased to provide additional drill results from the Colomac Gold Project ("Colomac") centrally located within its Indin Lake Gold Property, Northwest Territories, Canada.  Drilling was expanded to target specific high-priority areas within Zones 2.0 and 3.0 of the Colomac Main sill where thirteen holes were completed for 4,503 metres, with all holes intersecting mineralization (Table 1, Figure 1).
Nighthawk's exploration strategy has evolved since the initial drill program at Zone 2.0 (see press release dated June 20, 2012), where the focus is now on the discovery and delineation of higher-grade shoots within the sill. All 38 drillholes reported to-date (12,824 metres) of the planned 35,000 metre to 40,000 metre drill program for 2019, have intersected mineralization. The success in locating and tracing new areas of higher-grade mineralization along the Colomac Main sill continues to validate the Company's belief in the deposit's capacity to host discrete corridors of elevated grade (typically significant widths of over 2.0 gpt with internal higher-grade cores), some of which are broad domains of contiguous mineralization along strike and to depth that remain largely unexplored. This exploration strategy has been extremely successful leading to several new discoveries and is considered crucial to resource growth going forward.
Dr. Michael Byron, President and Chief Executive Officer said, "This latest drilling followed-up on recent discoveries of higher-grade mineralization in Zones 2.0 and 3.0. Our goal was to extend these known occurrences down-plunge and to test other highly prospective opportunities. Outcomes have been exceptional, resulting in a new discovery in Zone 2.0 and the successful expansion of three previous discoveries. We are extremely encouraged by our continued success in identifying new prospects and remain confident in our ability to track them along strike and to depth. This part of the sill has seen limited exploration to-date but clearly shows the potential to deliver ounces.
"Our three drills have been in operation since early March and we are on track to meet and/or exceed our 2019 planned meterage. As well, with our field exploration program now in full swing, we are expecting this to be our most productive exploration campaign to-date."