Nighthawk Completes 72,325 Metres as Part of its Successful 2021 Exploration Program

14 October 2021

TSX: NHK  

TORONTO, Oct. 14, 2021 /CNW/ - Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX: NHK) (OTCQX: MIMZF) is pleased to report that a total of 72,325 metres (272 drill holes) of drilling were completed as part of the 2021 exploration program on its district-scale property within the Northwest Territories, Canada.

The Company commenced drilling during the third week of March to test a variety of targets within the 930km2 land position, in order to substantially increase the global resource base, and to carry out exploration at a number of greenfield targets across the entire property.

Keyvan Salehi, President & CEO commented, "First-off I'd like to commend our team and partners for their efforts in carrying out the most ambitious drilling campaign to-date with a stellar safety record. We strive for zero harm at work and at home and maintaining the health and safety of all our employees and consultants is always our top priority. We are extremely proud of this achievement especially considering the current pandemic where we had zero cases of Covid-19 at our camp.

"In addition to the planned targets set at the beginning of the year, we also added the Kim Zone (has a historical, non-compliant resource and sits proximal to the Cass Zone), Fishhook (high-grade gold mineralization within folded banded iron-formation) and Echo-Indin (a candidate for near-surface, high-grade mineralization located only 9km west of Colomac). We have only reported on approximately 25% of the full program, leaving a lot of exciting news still on the horizon."

Highlights of 2021 Drill Program:

  • Nighthawk completed 72,325 metres of drilling on a variety of targets within its district-scale land position (Figure 1)
  • To-date, 17,990 metres of drilling have been reported on, leaving an additional 54,335 metres yet to be released
  • New targets added to this year's program include:
    • Kim Zone (see press release dated February 18, 2021)
    • Fishhook Area (followed up on historical high-grade intercepts)
    • Echo-Indin (near-surface gold mineralization proximal to Colomac)
  • Stellar safety record – finished the year with zero (0) lost-time injuries and zero (0) lost man days

2021 Drill Program

The 2021 program was a mix of resource expansion opportunities at known zones, and a variety of greenfield targets with near-surface potential. Resource expansion targets were drilled principally on-strike to potentially add to the in-pit resources, and greenfield targets were identified to test a variety of deposit settings with potentially higher-grade, near-surface mineralization, many of which had never been drill tested before.

2021 Targets and Status of Drilling

Below is a summary of all targets tested this year and the status of drilling results.

Full release is here.