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Nighthawk Gold Corp. is a Canadian-based gold exploration company with 100% ownership of a district scale land position (222,203 acres or 900 km2), within the Indin Lake Greenstone Belt, located approximately 200 km north of Yellowknife, Northwest Territories. Nighthawk is focused on advancing the Colomac Gold Project with a current inferred resource of 2.6 million ounces of gold (50.3 million tonnes at an average grade of 1.642 gpt Au, see Resource Estimate), as well as advancing its other regional gold deposits and showings on its Indin Lake Gold Property, within a highly prospective and underexplored Archean gold camp.
DISTRICT-SCALE LAND POSITION WITHIN THE INDIN LAKE GREENSTONE BELT
- Tier 1 jurisdiction with supportive Northwest Territory and First Nations governments
- NHK has 100% ownership of its Indin Lake Gold Property and controls 90% of the Indin Lake greenstone belt
- Underexplored Archean gold camp three times the size of the Timmins camp
COLOMAC GOLD PROJECT CONTINUES TO ADVANCE
- 100% owned with no royalties
- Current inferred resource outlines 2.6 Mozs of gold (50.3Mt @ 1.62 gpt Au)
- Discovery of discrete high-grade gold zones
- Widening of the mineralized portion of the sill at depth
- Preliminary metallurgical testing suggests recoveries of between 96.5-98.0%
- Potential heap leach optionality with initial recoveries ranging from 34.3% up to 81.8%
SIGNIFICANT GROWTH POTENTIAL
- Numerous gold deposits and showings throughout the camp
- Complete +40,000 metres of drilling in 2019
- A number of highly prospective regional targets to foster additional growth opportunities
- Continued regional mapping and prospecting for new discoveries
STRONG BALANCE SHEET & EXPERIENCED TEAM
- Currently funded to meet Company’s 12 month goals and objectives with cash of C$11.6 million as at September 30, 2019
- +20,000 metres of planned drilling in 2020
- Experienced management team and board of directors with extensive mining and capital markets experience
Developing Canada’s Next Gold Camp
FACT SHEET