24 August 2020
Nighthawk Gold Corp. is pleased to report assay results for three drillholes (1,065 metres) completed at the Diversified Deposit, part of the Leta Arm Gold Project located within its Indin Lake Gold Property, Northwest Territories, Canada.
An extensive 2020 program was planned for Leta Arm to continue testing priority targets at the Diversified and North Inca deposits, however, due to the Covid-19 shutdown (see press releases dated March 27, 2020 and June 24 2020), only three (3) holes were completed at Diversified and no drilling was carried out at North Inca.
Dr. Michael Byron, President and CEO commented, “Nighthawk’s drilling to-date has explored the Leta Arm targets to limited depths and strike extents, yet yielded encouraging results including the recognition of broad mineralized widths which indicate a strong potential for significant zone expansion, and opportunities for new discoveries as drilling had not tested below 100 metres. With only three holes completed before the temporary suspension in April, we intend to resume drilling of this expanded program in early 2021, intensifying our exploration efforts along the 20 kilometres of mineralized Leta Arm stratigraphy, expanding known deposits and broadening our search for new discoveries. We continue to focus on the exploration of our regional targets alongside the advancement of the Colomac Gold Project as these regions of the Indin Lake Gold Camp have seen limited historical exploration despite the abundance of surface gold showings and shallow deposits. We look forward to providing additional information as it becomes available.”
DRILLING HIGHLIGHTS:
•Hole DV20-01 intersected 5.10 metres of 3.59 grams per tonne gold (“gpt”, “Au”), including 3.00 metres of 5.44 gpt Au;
•All 3 Diversified holes intersected mineralization testing the Main Zone to depth and extended it further north where it remains open.