6 September 2023
TORONTO, Ontario, September 6, 2023 – Nighthawk 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. |
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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.”