Welcome to our dedicated page for Nighthawk Gold news (Ticker: MIMZF), a resource for investors and traders seeking the latest updates and insights on Nighthawk Gold stock.
Nighthawk Gold Corp. (MIMZF) is a Canadian exploration company advancing its flagship Indin Lake Gold Property in the Northwest Territories. This page provides investors and industry observers with comprehensive updates on the company's operational progress, financial developments, and strategic initiatives.
Our curated news collection enables stakeholders to track exploration results, resource estimates, and partnership announcements. Users will find verified information about corporate governance changes, technical reports, and project milestones directly from company filings and authorized communications.
The resource center features updates on drilling programs, mineral resource evaluations, and financial position disclosures. All content maintains strict adherence to Canadian mining disclosure standards while presenting complex technical information in accessible formats.
Bookmark this page for ongoing insights into Nighthawk Gold's progress in developing high-grade gold deposits through systematic exploration and strategic capital allocation.
Nighthawk Gold Corp. has released a preliminary economic assessment (PEA) for its Colomac Gold Project, indicating substantial potential with a C$1.2 billion after-tax net present value (NPV5%) at a gold price of US$1,600/oz, and C$2.0 billion at US$2,000/oz. The project is expected to produce an average of 290,000 ounces of gold annually over an 11.2-year mine life, peaking at 340,000 ounces in Year 2. Initial capital expenditures are estimated at C$654 million. Approximately 60% of the project's infrastructure will be powered by renewable energy sources, targeting a carbon intensity of 0.48 tonnes CO2e per ounce produced. Nighthawk emphasizes the potential for further resource expansion on its 930 km² landholding. However, the PEA is preliminary, relying on inferred mineral resources, which may not guarantee future economic viability.
Nighthawk Gold Corp. (TSX: NHK; OTCQX: MIMZF) has announced its 2023 exploration and environmental programs at its district-scale property in Northwest Territories, Canada. The company has filed a Technical Report for its updated Mineral Resource Estimate (2023 MRE) for the Colomac Gold Project, which indicates significant expansion potential with a focus on high-grade satellite deposits. Nighthawk plans to drill between 20,000 and 25,000 metres and is prioritizing environmental baseline studies for permitting. The project comprises approximately 70.4 million tonnes grading 1.50 g/t Au for 3.39 million ounces in the Indicated category.