Canadian Mining Journal

News

GOLD: Nighthawk expands Goldcrest zone by 125 metres

NORTHWEST TERRITORIES – Toronto's Nighthawk Gold Corp. has assays from 15 more holes recently completed at its Indin Lake gold property. A total of 13,647 metres were drilling in 2014.



NORTHWEST TERRITORIES – Toronto’s Nighthawk Gold Corp. has assays from 15 more holes recently completed at its Indin Lake gold property. A total of 13,647 metres were drilling in 2014.

Nine of the holes were drilled at Goldcrest as part of the on-going resource expansion program. Mineralization was extended over 125 metres to the north. Hole G14-09 cut 40.00 metres of 2.52 g/t Au including 12.50 metres of 3.64 g/t Au and 5.20 metres of 7.92 g/t. Hole G14-08B intersected 10.50 metres grading 2.42 g/t Au, including7.75 metres of 3.09 g/t.

Six of the holes undercut historical surface gold showings at Echo-Indin for the first time and successfully intersected near surface mineralization. Hole E14-02B, intersected 3.50 metres of 9.00 g/t Au, including 2.50 metres of 12.51 g/t . Hole E14-03, intersected 7.00 metres of 2.77 g/t Au, including 3.00 metres of 3.92 g/t.

Nighthawks’ Indin Lake property includes the former Colomac gold mine that produced from 1990 to 1997. Mining at that time was from three shallow open pits. The Goldcrest zone lies 400 metres west of the Colomac main intrusion. The Echo-Indin target is located 8.0 km west of Colomac.

A detailed examination of these results is available at NighthawkGold.com in the news release of Nov. 26, 2014.