News Release

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

TSX: NHK  

Nighthawk Gold Corp. (CNW Group/Nighthawk Gold Corp.)

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."

Table 1. Zone 1.5 Drill Results (uncut)

Hole ID

Collar Orientations (degrees)

Intersection

(Metres)

Core
Length

True
Width

Gold Grade


Azimuth

Dip

From

To

(Metres)*

(Metres)

gpt

C18-01

90

-47

239.00

252.60

13.60

12.00

1.44

including

243.70

252.60

8.90


1.99

including

246.30

252.60

6.30


2.51

including

249.80

252.60

2.80


4.34

C18-01B

90

-52

258.50

261.50

3.00


0.41


264.50

266.85

2.35


0.51


286.25

289.25

3.00


0.64


318.25

320.50

2.25


1.18

C18-01C

90

-60

340.50

346.00

5.50


0.86

including

342.75

346.00

3.25


1.28


375.40

382.00

6.60


1.03

including

376.10

378.20

2.10


2.76


392.25

428.15

35.90

22.00

0.90

including

393.00

396.00

3.00


1.22

including

408.00

413.25

5.25


1.31

including

408.00

410.25

2.25


1.92

including

418.25

428.15

9.90


1.65

including

425.95

428.15

2.20


3.36

C18-02

No values -Quartz Diorite pinches to only 8.5 m

C18-02B

90

-68

328.50

329.75

1.25


1.70

C18-03

90

-55

250.70

252.15

1.45


1.18


273.00

275.00

2.00


0.75


284.00

286.50

2.50


0.74


294.50

296.75

2.25


0.70


310.25

311.25

1.00


0.85


346.85

353.35

6.50


1.24

including

351.00

353.35

2.35


2.79

C18-03B

90

-65

327.90

345.55

17.65

9.00

0.68

including

329.40

337.45

8.05


1.15

including

329.40

333.75

4.35


1.67

including

344.15

345.55

1.40


0.90


382.55

385.50

2.95


0.64


406.75

408.50

1.75


1.24


415.65

433.25

17.60

10.00

0.80

including

416.30

420.50

4.20


1.47

including

417.00

420.00

3.00


1.64

including

430.25

433.25

3.00


1.25


449.75

454.25

4.50


0.69


458.65

463.35

4.70


1.10

including

458.65

460.40

1.75


1.64

including

461.90

463.35

1.45


1.55


485.60

489.90

4.30


0.92

including

485.60

487.70

2.10


1.43

C18-05

90

-65

253.65

256.50

2.85


0.85


262.35

271.75

9.40


1.10

including

264.50

269.00

4.50


1.46


276.00

360.30

84.30

41.00

2.91

including

276.50

328.90

52.40


3.83

including

280.75

284.15

3.40


4.31

including

286.85

288.85

2.00


5.24

including

292.20

316.75

24.55


5.05

including

292.20

295.95

3.75


9.41

including

303.00

306.75

3.75


7.54

including

309.05

313.30

4.25


8.11

including

314.80

316.75

1.95


5.48

including

323.25

328.90

5.65


5.23

including

327.00

328.90

1.90


13.59

including

346.00

348.90

2.90


3.33

including

347.65

348.90

1.25


5.89

including

353.40

355.15

1.75


9.05

C18-08

90

-48

282.00

284.85

2.85


0.81


287.10

309.85

22.75

17.20

1.03

including

292.25

309.85

17.60


1.19

including

295.15

305.05

9.90


1.48

including

295.15

300.00

4.85


1.87

C18-08B

abandoned

C18-08C

90

-65

380.25

385.75

5.50


2.99

including

383.90

385.75

1.85


8.13


393.75

396.75

3.00


1.73

including

393.75

395.25

1.50


3.19


414.50

445.70

31.20

19.00

1.24

including

414.50

418.95

4.45


1.43

including

435.00

445.70

10.70


2.50

including

435.00

442.10

7.10


3.59

including

435.00

440.00

5.00


4.87

C18-11

83

-47

372.95

384.25

11.30

8.00

0.68

including

372.95

378.20

5.25


1.06

including

372.95

374.40

1.45


2.74

C18-11B

83

-60

484.80

486.50

1.70


1.24


499.50

503.85

4.35


1.18


537.75

549.20

11.45

7.00

1.80

including

541.15

549.20

8.05


2.33

including

541.70

548.45

6.75


2.69

including

541.70

544.85

3.15


4.22

C18-13

90

-45

16.00

41.25

25.25

17.00

1.46

including

16.00

29.50

13.50


2.32

including

16.00

19.75

3.75


3.66

including

16.00

17.00

1.00


12.22

including

26.25

29.50

3.25


3.33

including

28.50

29.50

1.00


6.93


49.75

57.50

7.75


0.60

including

54.25

57.50

3.25


0.94

C18-14

90

-45

22.00

67.25

45.25

32.00

1.36

including

22.00

42.00

20.00


2.43

including

22.00

34.00

12.00


2.64

including

22.00

23.00

1.00


8.22

including

28.75

39.00

10.25


3.30

including

28.75

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