Nighthawk intersects 84.30 metres of 2.91 gpt gold (uncut), including 24.55 metres of 5.05 gpt gold, and 4.25 metres of 8.11 gpt gold at Colomac Zone 1.5
TORONTO, Sept. 18, 2018 /CNW/ - Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX: NHK; OTCQX: MIMZF) is pleased to report drill results for eighteen holes (5,508 metres) recently completed at high-grade Zone 1.5, part of its 100% owned Colomac Gold Project ("Colomac"). Sixteen of the eighteen holes intersected gold mineralization (Table 1) helping to define the zone's near surface dimensions and continuity down plunge to depth (Figure 1), highlighted by hole C18-05 which returned 84.30 metres of 2.91 grams per tonne gold ("gpt" "Au"), including 24.55 metres of 5.05 gpt Au, and 4.25 metres of 8.11 gpt Au.
HIGHLIGHTS OF DRILLING:
Hole C18-05 intersected 84.30 metres (41.00 metre true width) of 2.91 gpt Au, including 24.55 metres of 5.05 gpt Au, and 4.25 metres of 8.11 gpt Au;
Hole C18-08C intersected 31.20 metres (19.00 metre true width) of 1.24 gpt Au, including 10.70 metres of 2.50 gpt Au, and 5.00 metres of 4.87 gpt Au;
Hole C18-14 intersected 45.25 metres (32.00 metre true width) of 1.36 gpt Au, including 10.25 metres of 3.30 gpt Au, and 2.25 metres of 7.37 gpt Au;
Hole C18-13 intersected 25.25 metres (17.00 metre true width) of 1.46 gpt Au, including 13.50 metres of 2.32 gpt Au, and 3.75 metres of 3.66 gpt Au;
Confirmed that Zone 1.5 mineralization can be traced to surface;
Zone 1.5 dimensions extend upwards of 300 metres in strike, to a vertical depth of 660 metres, and a true width of 30 to 60 metres in the near surface and upwards of 155 metres at depth;
High-grade mineralization remains open down plunge to depth;
Note: All assays are uncut (see Table 1)
Dr. Michael Byron, President and CEO commented, "The results released today have further constrained the dimensions of Zone 1.5 to depth and infilled gaps in the near surface drill coverage. All results released to date from the Colomac Project have had an extremely high hit rate for intersecting gold mineralization and attests to the vitality of the gold system and the heightened prospects for new discoveries. Additional results from Colomac will include drilling at Zones 2.5 and 3.0.
"Our 2018 Indin Lake Project exploration program is now complete and has been our most ambitious and expansive undertaking to-date that included 32,504 metres of drilling, of which 17,883 metres have now been reported. The remaining drill results from some of our more prospective regional prospects including Damoti Lake, Treasure Island and Swamp will be released once all the data has been received."