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Nighthawk Gold Drilling at Colomac Confirms Widening of Mineralized Zones

Mining News - Published on Tue, 10 Dec 2019

Image Source: Nighthawk Gold Colomac Gold
Nighthawk Gold Corp has reported assay results for seven drillholes, 2,685 metres, completed on Zones 2.0, 3.0 and 3.5 of the Colomac Main Sill, part of the Colomac Gold Project centrally located within its Indin Lake Gold Property in Northwest Territories in Canada. Hole 019-39B at Zone 2.0 shows the continued widening of the mineralized portion of the sill to depth, where the true width has grown to more than 110 metres at vertical depths of 700 metres below surface. This hole was drilled approximately 270 metres to the south of the deepest intersection at Zone 1.5, hole 017-150, where drilling in 2017 showed a similar widening of the mineralized portion of the sill to 155 metres in true width. , Nighthawk Gold President and CEO Dr Michael Byron said "We were very pleased to confirm that the widening of the sill does not appear to be an isolated feature, but that the entire Zone 1.5- Zone 2.0 mineralized panel resembles a wedge form that widens significantly to depth. We believe that the dimensions of this mineralized panel will have a positive impact on our resource growth and has opened the door for exciting new exploration opportunities at Colomac."

The newly defined panel of mineralization, formed by the merger of high-grade Zone 1.5 with the northern part of Zone 2.0, has now been traced approximately 500 metres in strike with its narrowest width of 30 metres at shallow depths but expanding to upwards of 155 metres at 800 metres vertical depth where it remains open.

Two holes drilled at the southern end of Zone 3.5 within a previous unexplored area, have intersected shallow high-grade mineralization outside and west of the quartz diorite portion of the sill. These intercepts represent a new style of Colomac mineralization that will need to be further explored in 2020.

Additional results pending includes: assay results for the remaining 32 drillholes 12,210 metres, from the Colomac Main Sill and the Goldcrest Sill to date a total of 59 drillholes for 22,808, metres have been released, assay results for the remaining 9 holes 2,796 metres at the Treasure Island Gold Project to date 10 holes for 3,018 metres have been released, final cyanide leach metallurgical test results for Colomac bottle roll and column test and regional prospecting and mapping exploration results.

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Posted By : Yogender Pancholi on Tue, 10 Dec 2019
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