Nighthawk Enters Into Option Agreement To Acquire the Kim & Cass Property, Located 15KM Southwest of Colomac theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
Nighthawk Gold Corp: Nighthawk Reports Treasure Island Drill Results, Intersecting Elevated Grades
TORONTO, ON / ACCESSWIRE / February 3, 2021 / Nighthawk Gold Corp. (
Nighthawk or the
Company ) (
TSX:NHK)(OTCQX:MIMZF) is pleased to report assay results for twelve (12) drillholes (4,325 metres) from the 2020 drilling campaign on the Treasure Island Gold Project ( Treasure Island ), located within the northern section of its Indin Lake Gold Property, Northwest Territories, Canada (Figure 1; Table 1).
A total of 15 holes for 5,508 metres of drilling was completed at Treasure Island as part of the 2020 drilling campaign with 12 holes being reported on today. Of the 12 holes, 5 tested the Seadog Showing, an area where surface grab samples previously returned values of up to 27.8 grams per tonne gold (
Peter Voulgaris has been named president, CEO and a director.
Together with the spin-off of its Nevada mining unit as
Fortitude Gold,
Alex Morrison has been appointed chair, with
Bill Conrad stepping down as chairman but continuing to serve as a director – Conrad is now chair of Fortitude Gold.
Jason Reid, outgoing Gold Resource CEO, president and director, has stepped down to lead Fortitude Gold as CEO, president and director.
Allen Palmiere has been named CEO and a director of Gold Resource.
Lila Manassa Joseph Driscoll have been appointed to the Gold Resource board.
Gold Standard Ventures has announced the appointment of three senior executives to help advance the South Railroad Project.
Nighthawk Intersects 154 95 Metres of 1 36 gpt AU (Uncut), Including 8 00 Metres of 5 51 gpt AU at Colomac albuquerqueexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albuquerqueexpress.com Daily Mail and Mail on Sunday newspapers.
Figure 1. Plan View of Colomac Main Sill - Drillhole Locations
Figure 2. Colomac Main Sill Longitudinal Section - Showing 2020 Drilling To-Date in Relation to the 2020 Resource
Figure 3. Cross Section - Zone 2.0 - Drillholes C20-10, C20-10B
Figure 4. Cross Section - Zone 2.5 - Drillhole C20-12
Technical Information
Nighthawk has implemented a quality-control program to comply with best practices in the sampling and analysis of drill core. Drill core samples were transported in security-sealed bags for analyses at ALS Global Assay Laboratory in Vancouver, BC ( ALS Global ). ALS Global is an ISO/IEC 17025 accredited laboratory. Pulp and metallics assaying for gold was conducted on the entire pulverized sample.