Nighthawk Gold Intersects 16.14 oz/t Au (502 g/t Au) over 0.50 m and 10.22 oz/t Au (318 g/t Au) over 0.40 m at the 24/27 Deposit

6 September 2023

TORONTO, Ontario, September 6, 2023Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) reports significant drill assay results from the 24 and 27 Deposits (“24/27 Deposit”) located in the Colomac Centre Area and approximately 2 kilometres (“km”) east of the Colomac Main Deposit.  

Hole ID

Deposit

Highlight Assay Result

TFS23-06

24/27

16.14 ounces per tonne gold (“oz/t Au”) (or 502.00 grams per tonne gold (“g/t Au”) over 0.50 metres (“m”)

TFS23-08

24/27

10.22 oz/t Au (or 318.00 g/t Au) over 0.40 m (within 6.50 g/t Au over 21.20 m)

Note: True widths remain undetermined at this stage. All assays are uncut. Further statistical analysis will be required prior to establishing a suitable cut-off grade.

Nighthawk President & CEO Keyvan Salehi commented, “The 24/27 Deposit drilling returned spectacular results. We intersected some of the highest grades at the deposit in areas outside of the estimated PEA pit-shells[1]. We believe we are just scratching the surface on this zone’s potential, with more high-grade, near-surface gold to be discovered with additional drilling. If we were to discover a feeder source for these high-grade intercepts, with wider mineralized widths, it could be a game-changer for the Company. We are excited for our future drill programs, which will prioritize the 24/27 Deposit, given this immense potential and the proximity to the Colomac Main Deposit.”