Nighthawk explores regions near Colomac in NWT

Since it kicked off this year’s 32,500-metre drill program in March, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has continued drilling at the Colomac and […]

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Since it kicked off this year’s 32,500-metre drill program in March, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has continued drilling at the Colomac and Grizzly Bear gold deposits, which, along with its Goldcrest gold deposit, make up the Colomac project’s inferred resource of 2.61 million contained oz. gold in 50.3 million tonnes grading 1.62 grams gold per tonne. But the company has also spent a lot of time drilling several of its regional gold deposits and showings to build on what it says is a gold camp with vast, underexplored potential in the Indin Lake greenstone belt of the Northwest Territories, 200 km north of Yellowknife. “This past year a little over half of our drill metres were outside Colomac on our larger land package,” Michael Byron, Nighthawk’s president and CEO, says in a telephone interview. “The whole concept of why we consolidated the Indin Lake belt was to demonstrate that it is a gold camp at its very early stages of exploration and evolution.” So far, Nighthawk’s most exciting regional targets on the property are Treasure Island, 11 km northwest of Colomac; Leta Arm, 15 km southwest of Colomac; and Damoti Lake, 28 km south of Colomac. Continue reading at The Northern Miner.

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