Nighthawk Intersects 145.75 Metres of 3.33 gpt Gold, 22.70 Metres of 6.68 gpt Gold and 10.80 Metres of 12.19 gpt Gold

Nighthawk Gold Corp. (TSX: NHK) is pleased to report assay results from its wholly owned Colomac Gold Project located within its Indin Lake Gold Property, the Northwest Territories, Canada. A total of eight recently completed drill holes are being reported on with three holes following up on the Company’s latest drill results at Zone 1.5 (see press release dated July 13, 2017), that have significantly expanded the high-grade gold zone along strike and to depth below the current resource.

Highlights include hole C17-12B which intersected 145.75 metres of 3.33 grams per tonne (“gpt”) gold (“Au”), including 22.70 metres of 6.68 gpt Au, and 10.80 metres of 12.19 gpt Au, effectively extending the zone an additional 50 metres to the north. The remaining five holes probed the resource gap between Zones 1.5 and 2.0, returning broad, relatively uniform zones of mineralization, as seen in hole C17-10B which returned 86.30 meters of 1.45 gpt Au, including 8.40 metres of 3.03 gpt Au. Colomac drilling continues to deliver; backstopping confidence in the deposit’s resource expansion opportunities, and confirming the north plunging mineralization and strong continuity of the high-grade domain at Zone 1.5.

Colomac Drilling Highlights:

Zone 1.5

  • Hole C17-12B intersected 145.75 metres of 3.33 gpt Au (25.00 metres true width), including 22.70 metres of 6.68 gpt Au and 10.80 metres of 12.19 gpt Au. This extends the mineralized zone an additional 50 metres north of previous intersections;
  • A 40o rake tothe higher-grade portion of the zone was modeled outlining the orientation of the mineralization, and was intersected by C17-12B; subsequent drilling has continued tracking the zone and results are forthcoming;
  • Current drilling expanded the high-grade gold zone by at least a 200 metres in strike length, and to a vertical depth of 350 metres, and has confirmed that mineralization extends an additional 250 metres (down plunge) past the current resource (which remains open). This represents an order of magnitude step out for the deposit;
  • Hole C17-08B intersected 34.75 metres of 3.12 gpt Au (15.00 metres true width), including 10.40 metres of 7.48 gpt Au;

Zone 2.0

  • Hole C17-09B intersected 66.60 metres of 1.04 gpt Au (50.00 metres true width), including 33.20 metres of 1.42 gpt Au. Hole C17-09C intersected 47.80 metres of 1.08 gpt Au (25.00 metres true width), including 16.90 metres of 1.87 gpt Au, and including 6.70 metres of 3.61 gpt Au, revealing wide zones of continuous mineralization in association with the boundary between Zone 1.5 and Zone 2.0;
  • Hole C17-10B intersected 86.30 metres of 1.45 gpt Au (30.00 metres true width), including 23.30 metres of 1.98 gpt Au, and including 8.40 metres of 3.03 gpt Au;
  • Current drilling has effectively infilled portions of the resource gap between the two zones showing a continuity of broad mineralization up to 300 metres in strike with early indications of higher-grade centres.

Continue to Assays.

Filed in: Gold, Resources

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