25 August 2022
Toronto, Ontario, August 25, 2022 – Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) is pleased to report the completion of its 2022 Exploration Program drilling ahead of schedule. The Company has drilled 40,085 metres (“m”) with the primary goal of expanding the near-surface known mineralization on its district-scale property in the Northwest Territories, Canada. Assay results are pending for approximately 30,000 m of drilling from the Colomac Centre area (Colomac Main, Grizzly Bear, and 24/27 Deposits) and the Kim and Cass Deposits. Nighthawk is currently conducting an airborne electromagnetic geophysical surveying program on its property. The Company has also commenced baseline environmental work at the Colomac Centre as part of the work needed for its permits.
Keyvan Salehi, P.Eng., Nighthawk President & CEO, commented, “We are pleased to complete this year’s drill season ahead of schedule, while maintaining the safety and security of our site personnel without any lost time injuries. We are very pleased with the drill assay results received so far. We look forward to updating the markets on the pending assay results once we have received and analyzed them. We are also completing a geophysics program, which will provide us with important information that will guide our future exploration programs. Currently, we anticipate being well-funded for next year’s exploration program.”
John McBride, MSc., P.Geo., Vice President of Exploration for Nighthawk, who is the "Qualified Person" as defined by NI 43-101 for this project, has reviewed and approved of the technical disclosure contained in this news release.
Nighthawk is a Canadian-based gold exploration company with 100% ownership of more than 930 km2 of district-scale land position within the Indin Lake Greenstone Gold Belt, located approximately 200 km north of Yellowknife, Northwest Territories, Canada. The Company is advancing several highly prospective exploration targets. The Colomac Centre and Satellite deposits currently has a Mineral Resource Estimate1 1of 58.2 million tonnes grading 1.44 g/t Au for 2.69 million ounces in the Indicated category and 19.7 million tonnes grading 2.10 g/t Au for 1.33 million ounces in the Inferred category. Nighthawk’s experienced management team, with a track record of successfully advancing projects and operating mines, is working towards demonstrating the economic viability of its assets and rapidly advancing its projects towards a development decision.
See full news release here.