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Nighthawk intersects 84.30 metres of 2.91 gpt gold (uncut), including 24.55 metres of 5.05 gpt gold, and 4.25 metres of 8.11 gpt gold at Colomac Zone 1.5

TSX: NHK 

TORONTOSept. 18, 2018 /CNW/ - Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX: NHK; OTCQX: MIMZF) is pleased to report drill results for eighteen holes (5,508 metres) recently completed at high-grade Zone 1.5, part of its 100% owned Colomac Gold Project ("Colomac"). Sixteen of the eighteen holes intersected gold mineralization (Table 1) helping to define the zone's near surface dimensions and continuity down plunge to depth (Figure 1), highlighted by hole C18-05 which returned 84.30 metres of 2.91 grams per tonne gold ("gpt" "Au"), including 24.55 metres of 5.05 gpt Au, and 4.25 metres of 8.11 gpt Au. HIGHLIGHTS OF DRILLING:

  • Hole C18-05 intersected 84.30 metres (41.00 metre true width) of 2.91 gpt Au, including 24.55 metres of 5.05 gpt Au, and 4.25 metres of 8.11 gpt Au;

  • Hole C18-08C intersected 31.20 metres (19.00 metre true width) of 1.24 gpt Au, including 10.70 metres of 2.50 gpt Au, and 5.00 metres of 4.87 gpt Au;

  • Hole C18-14 intersected 45.25 metres (32.00 metre true width) of 1.36 gpt Au, including 10.25 metres of 3.30 gpt Au, and 2.25 metres of 7.37 gpt Au;

  • Hole C18-13 intersected 25.25 metres (17.00 metre true width) of 1.46 gpt Au, including 13.50 metres of 2.32 gpt Au, and 3.75 metres of 3.66 gpt Au;

  • Confirmed that Zone 1.5 mineralization can be traced to surface;

  • Zone 1.5 dimensions extend upwards of 300 metres in strike, to a vertical depth of 660 metres, and a true width of 30 to 60 metres in the near surface and upwards of 155 metres at depth;

  • High-grade mineralization remains open down plunge to depth;

Note: All assays are uncut (see Table 1)

 

Dr. Michael Byron, President and CEO commented, "The results released today have further constrained the dimensions of Zone 1.5 to depth and infilled gaps in the near surface drill coverage. All results released to date from the Colomac Project have had an extremely high hit rate for intersecting gold mineralization and attests to the vitality of the gold system and the heightened prospects for new discoveries. Additional results from Colomac will include drilling at Zones 2.5 and 3.0. "Our 2018 Indin Lake Project exploration program is now complete and has been our most ambitious and expansive undertaking to-date that included 32,504 metres of drilling, of which 17,883 metres have now been reported. The remaining drill results from some of our more prospective regional prospects including Damoti Lake, Treasure Island and Swamp will be released once all the data has been received."

Table 1. Zone 1.5 Drill Results (uncut)

Hole ID Collar Orientations (degrees) Intersection (Metres) Core Length True Width Gold Grade Azimuth Dip From To (Metres)* (Metres) gpt C18-01 90 -47 239.00 252.60 13.60 12.00 1.44 including 243.70 252.60 8.90 1.99 including 246.30 252.60 6.30 2.51 including 249.80 252.60 2.80 4.34 C18-01B 90 -52 258.50 261.50 3.00 0.41 264.50 266.85 2.35 0.51 286.25 289.25 3.00 0.64 318.25 320.50 2.25 1.18 C18-01C 90 -60 340.50 346.00 5.50 0.86 including 342.75 346.00 3.25 1.28 375.40 382.00 6.60 1.03 including 376.10 378.20 2.10 2.76 392.25 428.15 35.90 22.00 0.90 including 393.00 396.00 3.00 1.22 including 408.00 413.25 5.25 1.31 including 408.00 410.25 2.25 1.92 including 418.25 428.15 9.90 1.65 including 425.95 428.15 2.20 3.36 C18-02 No values -Quartz Diorite pinches to only 8.5 m C18-02B 90 -68 328.50 329.75 1.25 1.70 C18-03 90 -55 250.70 252.15 1.45 1.18 273.00 275.00 2.00 0.75 284.00 286.50 2.50 0.74 294.50 296.75 2.25 0.70 310.25 311.25 1.00 0.85 346.85 353.35 6.50 1.24 including 351.00 353.35 2.35 2.79 C18-03B 90 -65 327.90 345.55 17.65 9.00 0.68 including 329.40 337.45 8.05 1.15 including 329.40 333.75 4.35 1.67 including 344.15 345.55 1.40 0.90 382.55 385.50 2.95 0.64 406.75 408.50 1.75 1.24 415.65 433.25 17.60 10.00 0.80 including 416.30 420.50 4.20 1.47 including 417.00 420.00 3.00 1.64 including 430.25 433.25 3.00 1.25 449.75 454.25 4.50 0.69 458.65 463.35 4.70 1.10 including 458.65 460.40 1.75 1.64 including 461.90 463.35 1.45 1.55 485.60 489.90 4.30 0.92 including 485.60 487.70 2.10 1.43 C18-05 90 -65 253.65 256.50 2.85 0.85 262.35 271.75 9.40 1.10 including 264.50 269.00 4.50 1.46 276.00 360.30 84.30 41.00 2.91 including 276.50 328.90 52.40 3.83 including 280.75 284.15 3.40 4.31 including 286.85 288.85 2.00 5.24 including 292.20 316.75 24.55 5.05 including 292.20 295.95 3.75 9.41 including 303.00 306.75 3.75 7.54 including 309.05 313.30 4.25 8.11 including 314.80 316.75 1.95 5.48 including 323.25 328.90 5.65 5.23 including 327.00 328.90 1.90 13.59 including 346.00 348.90 2.90 3.33 including 347.65 348.90 1.25 5.89 including 353.40 355.15 1.75 9.05 C18-08 90 -48 282.00 284.85 2.85 0.81 287.10 309.85 22.75 17.20 1.03 including 292.25 309.85 17.60 1.19 including 295.15 305.05 9.90 1.48 including 295.15 300.00 4.85 1.87 C18-08B abandoned C18-08C 90 -65 380.25 385.75 5.50 2.99 including 383.90 385.75 1.85 8.13 393.75 396.75 3.00 1.73 including 393.75 395.25 1.50 3.19 414.50 445.70 31.20 19.00 1.24 including 414.50 418.95 4.45 1.43 including 435.00 445.70 10.70 2.50 including 435.00 442.10 7.10 3.59 including 435.00 440.00 5.00 4.87 C18-11 83 -47 372.95 384.25 11.30 8.00 0.68 including 372.95 378.20 5.25 1.06 including 372.95 374.40 1.45 2.74 C18-11B 83 -60 484.80 486.50 1.70 1.24 499.50 503.85 4.35 1.18 537.75 549.20 11.45 7.00 1.80 including 541.15 549.20 8.05 2.33 including 541.70 548.45 6.75 2.69 including 541.70 544.85 3.15 4.22 C18-13 90 -45 16.00 41.25 25.25 17.00 1.46 including 16.00 29.50 13.50 2.32 including 16.00 19.75 3.75 3.66 including 16.00 17.00 1.00 12.22 including 26.25 29.50 3.25 3.33 including 28.50 29.50 1.00 6.93 49.75 57.50 7.75 0.60 including 54.25 57.50 3.25 0.94 C18-14 90 -45 22.00 67.25 45.25 32.00 1.36 including 22.00 42.00 20.00 2.43 including 22.00 34.00 12.00 2.64 including 22.00 23.00 1.00 8.22 including 28.75 39.00 10.25 3.30 including 28.75