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Nighthawk Gold Extends Broad Mineralized Zones to New Depths at Colomac Gold Project in Canada

Mining News - Published on Tue, 05 Nov 2019

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Nighthawk Gold Corp has provided the results for five drillholes 2,862 metres completed on Zones 1.5 and 2.0 of the Colomac Main Sill, part of the Colomac Gold Project centrally located within its Indin Lake Gold Property in Northwest Territories of Canada. Drilling has provided additional evidence for the merger of high-grade Zone 1.5 with the northern part of Zone 2.0 and extended this broad panel of mineralization to new depths below previously reported intersections. Current drilling has established continuity over significant widths with a pathway for expansion along strike and to depth. The Company has now reported results for 49 drillholes 18,902 metres of the 91 drillhole 35,018 metre 2019 program at Colomac. Three of the five holes were drilled to test the deposit's depth extension marginal to the Zone 1.5 -Zone 2.0 boundary fault, a subvertical northeast-southwest (070°) fault that offsets the two zones creating a slight "dogleg" in the localized strike of the sill. All holes intersected extensive mineralization with Cl 9-35 returning 124.50 metres of 1.12 gpt Au, including 13.50 metres of 3.60 gpt Au, and including 4.75 metres of 7.64 gpt Au; and hole Cl 9-39 returning 118.50 metres of 1.57 gpt Au, including 32.50 metres of 2.62 gpt Au, and including 7.75 metres of 5.10 gpt Au.

Dr Michael Byron, President and Chief Executive Officer, said "These latest holes have been instrumental in demonstrating that wide panels of mineralization with strong continuity exist to depth, lateral to the boundary fault that separates Zones 1.5 and2.0. This extensive domain of higher-grade mineralization appears to span the two zones and possibly postdates the fault as it shows no indication of fault disruption or diminution. Drilling of the Colomac Main Sill continues to document cohesive zones of mineralization uninterrupted to depth with relatively uniform distribution. We are confident that these characteristics highlight Colomac's impressive growth potential as a bona fide multi-million-ounce deposit."

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Posted By : Rabi Wangkhem on Tue, 05 Nov 2019
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