Damoti Lake Gold Deposit
|
Banded Iron Formation
|
17,418
|
6.95 m of 10.12 gpt Au, including 4.20 m of 15.81 gpt Au; 23.50 m of 13.91 gpt Au, including 9.60 m of 20.95 gpt Au; and 22.50 m of 5.81 gpt Au, including 10.25 m of 10.53 gpt Au
|
Located 28 kilometres south of Colomac, Damoti is an important satellite deposit that also has a ramp developed into its core, which could provide possible high-grade feed for any future development opportunity at the Company’s flagship asset, Colomac.
|
Leta Arm Mineralized Corridor
|
Structure Related “Lode Gold”
|
19,532
|
Diversified drilling which intersected 17.50 mof 5.81 gpt Au, including 9.25 m of 9.65 gpt Au, and 4.75 m of 18.12 gpt Au
North Inca drilling which intersected 25.50 m (13.00 m true width) of 2.68 gpt Au, including 9.95 m of 4.90 gpt Au, and 4.60 m of 6.60 gpt Au
|
Located 15 kilometres southwest of Colomac along the Leta Arm Fault Zone (“LAFZ”), a well mineralized deformation zone up to 10 kilometres long and 500 metres wide which hosts several gold deposits and showings, with 4 initial prospects (North Inca and Diversified deposits, and the #3 and Lexindin showings).
Deposits and showings lie within a highly altered shear zone up to 500 metres wide hosting both parallel and extension quartz vein systems open in all dimensions.
|
Treasure Island Gold Project
|
Structure Related “Lode Gold”
|
5,419
|
46.25 m of 3.31 gpt Au, including 21.75 m of 6.23 gpt Au, and 7.75 m of 14.20 gpt Au; and 18.50 m of 7.37 gpt Au, including 8.00 m of 16.14 gpt Au, and 5.25 m of 22.00 gpt Au.
|
Located 11km north of Colomac, Treasure Island is the northern most project within Nighthawk’s Indin Lake Property, located along the eastern end of a 7 km long underexplored mineralized corridor “Treasure Island-Laurie Lake Mineralized Corridor” that hosts several high-priority gold showings. Drilling to date by Nighthawk has established the gold system to be upwards of 200 metres wide, 700 metres long, and open in all dimensions (see press release dated October 22, 2018).
|
Nice Lake Sill
|
Mafic Sill
|
nil
|
Recent grab samples of 38.90 gpt Au and 41.90 gpt Au highlight the grade potential of the sill
|
Discovered in 2016 while prospecting a large linear anomaly 1.5 km east of Colomac that shows similarities in magnetic intensity and anomaly shape and composition to both the Colomac and Goldcrest sills.
|
Andy Lake Gold Project
|
Intrusion Related Gold System Quartz Veins
|
nil
|
Recent grab samples from new showing range from 0.50 gpt Au to 42.10 gpt Au
|
Located 20 km south of Colomac within the Gamey Lake Volcanic Panel, a N-S trending volcanic rock package bordered by metasedimentary rocks to the east and west.
|
Swamp Project
|
Structure Related “Lode Gold”
|
693
|
Surface grab and channel samples up to 43.60 gpt Au, along with 2018 drilling which has established that surface mineralization continues to depth.
|
Located 6 km northwest of Colomac in association with a large deformation zone and intense iron-carbonate alteration. A broad area of anomalous gold is associated with the showing and has a minimum footprint of 1.6 km by 1.0 km.
|
Fishhook Gold Project
|
Banded Iron Formation
|
nil
|
2018 fieldwork highlighted by a grab sample taken from a medium grained, intensely iron oxide altered banded iron formation that assayed 174.50 gpt Au
|
Fishhook consists of several historical gold showings spanning an area 6 km by 1.5 km, 40 km southwest of Colomac. Showings are hosted by complex folded amphibolitic oxide-silicate iron formation within a sequence of metasedimentary rocks, an environment similar to the Damoti Lake Gold Deposit
|
Laurie Lake Showing
|
Structure Related “Lode Gold”
|
nil
|
Elevated gold values distributed over an area of 1.3 km by 1.7 km; 2018 grab samples ranged from 1.05 gpt Au to 22.50 gpt Au
|
The Laurie Lake showings lie 8.5 km northwest of Colomac along the western extent of the Treasure Island-Laurie Lake Mineralized Corridor. Regional geology consists of alternating mafic metavolcanic and turbiditic metasedimentary units. The area of interest is dominantly underlain by mafic metavolcanic rocks consisting of gabbro, porphyry intrusions and pillowed volcanic flows.
|
Bay Showing
|
Structure Related “Lode Gold”
|
nil
|
Mineralization straddles gossanous metavolcanic and metasedimentary rock contacts transected by quartz veins; surface grab samples from 1.24 gpt Au to 7.02 gpt Au
|
Located 2.5 kilometres northeast of Laurie Lake within the northern boundary of the Treasure Island-Laurie Lake Mineralized Corridor. Local stratigraphy is dominated by mafic to intermediate metavolcanic rocks, gabbro, and porphyry intrusions, with metasedimentary rocks sandwiched between volcanic sequences.
|
JPK
|
Banded Iron Formation
|
nil
|
Surface sampling along a 3km section of iron formation assayed up to 12.1 gpt Au confirming historic sampling of up to 15.63 gpt Au
|
Located 10 kilometers north of Colomac and 500 metres east of Treasure Island.
|
Barker-Vidie Showing
|
Structure Related “Lode Gold”
|
nil
|
Grab sample from a quartz carbonate vein in altered mafic meta-volcanic rock assayed 23.60 gpt Au
|
Located 27 kilometres south-southwest of Colomac. Additional work is needed to further delineate the extent of mineralized quartz veining associated with this showing.
|