21 October 2020
Nighthawk Gold Corp. is pleased to report assay results for four (4) drillholes (2,574 metres) completed on Zones 1.5, 2.0 and 3.0 of the Colomac Main Sill, part of the Colomac Gold Project (“Colomac”) centrally located within its Indin Lake Gold Property, Northwest Territories, Canada (Figure 1; Table 1).
Dr. Michael Byron, President and CEO commented, “We are very encouraged by the recent drilling at Colomac, which targeted high-profile areas within the Exploration Target where we are focused on building near-term ounces. The 280 metres of continuous downhole mineralization intersected in hole C20-06 illustrates the shear amount of mineralized rock hosted by the Colomac Main sill, reinforcing our beliefs in the future potential of the project. Drilling was also successful in opening up a new unexplored region of the sill and confirmed significant expansion and widening of the host quartz diorite portion of the sill to depth within the northern part of Zone 2.0.
“The drilling season at our Indin Lake Gold Property has now come to an end with a total of 22,993 metres of drilling completed at Colomac, the Treasure Island Gold Project, and a small campaign at the Leta Arm Gold Project, where results have already been released. The fifth drill has arrived on site, and camp expansion is nearing completion in preparation for the expanded 2021 program which will advance a number of regional assets that have high-grade potential.”