Nighthawk Intersects 141.80 Metres of 2.11 Gpt Au (Uncut), Including 31.05 Metres of 4.06 Gpt Au
Nighthawk Gold Corp. (MIMZF) announced promising assay results from three drill holes at the Colomac Gold Project in the Northwest Territories. Hole C20-06B returned a significant intersection of 141.80 metres at 2.11 grams per tonne gold, showcasing strong mineralization continuity in Zones 2.0 and 3.0. Additional drilling continues, with results pending from 15 more holes. Despite COVID-19 logistics impacting assay turnaround, the company is actively addressing these challenges to expedite results.
- Hole C20-06B intersected 141.80 metres of 2.11 gpt gold, including higher-grade sections.
- Strong continuity of mineralization confirmed at Zones 2.0 and 1.5.
- Potential for resource expansion as mineralization remains open at depth.
- COVID-19 pandemic caused significant delays in assay turnaround.
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TORONTO, ON / ACCESSWIRE / November 26, 2020 / Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX:NHK)(OTCQX:MIMZF) is pleased to report assay results for three (3) drill holes (1,707 metres) completed at Zones 2.0 and 3.0 of the Colomac Main Sill, part of the Colomac Gold Project ("Colomac") centrally located within its Indin Lake Gold Property, Northwest Territories, Canada (Figure 1; Table 1).
Dr. Michael Byron, President and CEO commented, "Hole C20-06B undercut previously reported hole C20-06, posting another tremendous intersection of mineralization, and continues to showcase Zone 2.0 and Zone 1.5 as the best mineralized sections of the Colomac Main Sill encountered so far. This area of the sill continues to show strong continuity of mineralization and grade along strike and to depth, where the consistent widening of the quartz diorite host rock to depth, provides an excellent opportunity for continued resource expansion.
"Fallout from the Covid-19 pandemic has impacted assay turnaround as significant delays have been experienced in sample shipping and processing. The Company is currently working to resolve some of these logistics hurdles and is expected to have additional results ready for release in the near-term."
COLOMAC DRILLING HIGHLIGHTS:
Zone 2.0 - Northern Boundary
- Hole C20-06B returned 141.80 metres (75.00 metres true width) of 2.11 grams per tonne gold ("gpt" "Au") including 83.75 metres (45.00 metres true width) of 2.73 gpt Au with several internal higher-grade intercepts (Figure 2):
- Upper intersection - 20.90 metres of 2.55 gpt Au, including 14.40 metres of 3.14 gpt Au
- Mid-level intersection - 20.30 metres of 3.47 gpt Au, including 6.20 metres of 6.06 gpt Au
- Lower intersection - 31.05 metres of 4.06 gpt Au, including 10.50 metres of 5.11 gpt Au, and 15.30 metres of 4.27 gpt Au, and including 6.20 metres of 5.63 gpt Au
- Mineralization on this section spans from near surface to over 660 metres vertical depth where it remains open.
Zone 3.0
- Hole C20-11 tested the northern boundary region of Zone 3.0 , an area of limited drilling, and intersected 34.75 metres (12.00 metres true width) of 2.00 gpt Au, including 15.00 metres of 2.56 gpt Au, and including 3.50 metres of 5.33 gpt Au; tracking mineralization to 275 metres vertical depth where the sill remains open.
Note: All assays are uncut (see Table 1)
Twenty-nine (29) drillholes for a total of 16,421 metres were completed at Colomac in 2020 of which Nighthawk has now reported on thirteen (13) holes for 7,711 metres. Additional drilling results are pending from fifteen holes (15) for 5,508 metres completed at one of the Company's high-grade, high-priority reginal targets, the Treasure Island Gold Project, located approximately 11km north of Colomac.
Table 1. Colomac Drill Results - Summary Table (uncut)
Hole ID | Zone | Collar Orientations (degrees) | Intersection (Metres) | Core Length | True Width | Gold Grade | ||
Azimuth | Dip | From | To | (Metres)* | (Metres) | gpt | ||
C20-06B | 2.0 | 102 | -66 | 584.50 | 585.25 | 0.75 | 1.10 | |
633.15 | 634.65 | 1.50 | 0.30 | |||||
640.85 | 641.60 | 0.75 | 0.44 | |||||
643.70 | 645.20 | 1.50 | 0.52 | |||||
648.20 | 790.00 | 141.80 | 75.00 | 2.11 | ||||
including | 654.10 | 675.00 | 20.90 | 12.00 | 2.55 | |||
including | 654.10 | 668.50 | 14.40 | 3.14 | ||||
including | 654.10 | 662.50 | 8.40 | 2.82 | ||||
including | 654.10 | 657.50 | 3.40 | 5.11 | ||||
including | 665.50 | 668.50 | 3.00 | 6.65 | ||||
including | 706.25 | 790.00 | 83.75 | 45.00 | 2.73 | |||
including | 718.10 | 738.40 | 20.30 | 10.00 | 3.47 | |||
including | 718.10 | 724.30 | 6.20 | 6.06 | ||||
including | 720.00 | 724.30 | 4.30 | 8.22 | ||||
including | 734.40 | 738.40 | 4.00 | 6.32 | ||||
including | 734.40 | 736.60 | 2.20 | 10.06 | ||||
including | 749.00 | 780.05 | 31.05 | 16.00 | 4.06 | |||
including | 749.00 | 759.50 | 10.50 | 5.11 | ||||
including | 751.00 | 756.00 | 5.00 | 6.53 | ||||
including | 762.50 | 777.80 | 15.30 | 4.27 | ||||
including | 762.50 | 765.00 | 2.50 | 6.30 | ||||
including | 771.60 | 777.80 | 6.20 | 5.63 | ||||
795.40 | 797.75 | 2.35 | 0.85 | |||||
including | 795.40 | 796.40 | 1.00 | 1.28 | ||||
C20-09 | 3.0 | 285 | -80 | 280.50 | 289.50 | 9.00 | 0.37 | |
including | 280.50 | 283.50 | 3.00 | 0.53 | ||||
294.75 | 295.50 | 0.75 | 0.41 | |||||
296.25 | 297.00 | 0.75 | 0.44 | |||||
304.50 | 305.25 | 0.75 | 0.41 | |||||
315.75 | 318.00 | 2.25 | 0.97 | |||||
321.75 | 324.00 | 2.25 | 0.43 | |||||
including | 323.25 | 324.00 | 0.75 | 1.00 | ||||
360.00 | 361.00 | 1.00 | 0.36 | |||||
C20-11 | 3.0 | 290 | -75 | 239.25 | 274.00 | 34.75 | 12.00 | 2.00 |
including | 240.75 | 248.75 | 8.00 | 2.51 | ||||
including | 259.00 | 274.00 | 15.00 | 5.00 | 2.56 | |||
including | 266.75 | 274.00 | 7.25 | 3.88 | ||||
including | 266.75 | 270.25 | 3.50 | 5.33 | ||||
276.25 | 279.25 | 3.00 | 0.34 | |||||
283.00 | 292.00 | 9.00 | 1.09 | |||||
including |
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FAQWhat are the latest assay results for Nighthawk Gold Corp. (MIMZF)?
Nighthawk Gold reported significant assay results, with Hole C20-06B yielding 141.80 metres of 2.11 gpt gold.
What is the significance of the drill holes at Colomac for MIMZF?
The drill holes at Colomac demonstrate strong mineralization continuity and potential for expansion, particularly in Zones 2.0 and 3.0.
How has COVID-19 affected Nighthawk Gold's drilling operations?
COVID-19 has caused significant delays in assay turnaround, impacting the sample shipping and processing.
What other drilling results are expected from Nighthawk Gold (MIMZF)?
Nighthawk Gold anticipates additional results from 15 drill holes, totaling 5,508 metres, at the Treasure Island Gold Project.
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