Nighthawk Gold Corp: Nighthawk Enters Into Option Agreement To Acquire the Kim & Cass Property, Located 15KM Southwest of Colomac
Nighthawk" or the "
Company") (TSX:NHK)(OTCQX:MIMZF) is pleased to announce that it has entered into a binding option agreement (the "
Option Agreement"), with Geomark Exploration Ltd., ('
Geomark") a wholly-owned subsidiary of Pine Cliff Energy Ltd., to acquire a 100% undivided leasehold interest in four (4) contiguous mining leases (the "
Kim & Cass
Property", a total of 7,588 acres (31km
2) that incorporate the historic Kim and Cass zones), immediately adjacent to Nighthawk's Indin Lake Gold Property, Northwest Territories, Canada.
The Kim & Cass Property is an integral part of Nighthawk's consolidation strategy and represents an important piece of ownership that provides contiguity to the main claim group with the Albatross claim block (Figure 1). Nighthawk believes that the historic Kim and Cass zones and the 4km-long Albatross trend (with surface samples returning up to 20.60 grams per tonne gold ("