Mining News

Nighthawk reports new greenfield find near former Colomac gold mine

Nighthawk Gold (TSX: NHK) has made a new greenfield discovery about 15 km southwest of the former Colomac gold mine about 220 km northwest of Yellowknife, NWT. Dubbed Albatross, the mineralization returned 2 metres grading 5.37 g/t gold in a longer intersection of 14 metres at 1.37 g/t gold in hole A21-02.

The discovery hole was one of 12 widely spaced holes drilled to test the Cass trend over a strike length of 4.6 km to the west of the Cass zone.

The company says the Albatross discovery, about 1 km west of the Cass zone, demonstrates potential near the Kim and Cass zones for additional resources.

Drilling also tested the Cass zone, extending it a further 250 metres to the west. Highlighted results include 20.5 metres grading 3.21 g/t gold; 9 metres at 5.08 g/t, 32 metres at 1.49 g/t gold, including 10.5 metres at 3.37 g/t; 23.8 metres at 1.47 g/t gold; and 30 metres grading 1.09 g/t, including 7 metres at 2.98 g/t gold.

Nighthawk is in the middle of an ambitious 2-year drilling campaign. They drilled 72,325 metres this year, and next year they are planning 100,000 to 125,000 metres. Of particular interest is near-surface mineralization with the potential to increase in-pit resources.

An updated resource estimate is due in the first quarter of 2022, and a preliminary economic assessment could be done in the second half of 2023.

(This article first appeared in the Canadian Mining Journal)

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