Mining News: Northern Neighbors: Drilling adds to prospectivity at Indin Lake

Nighthawk Gold Corp. Oct. 26 provided results from a recently completed eight-hole drill program at its Indin Lake gold property in the Northwest Territories. Five of the holes were drilled within Zone 1.5 to expand the recently discovered high-grade gold mineralization defined by hole C14-06, which cut 52.5 meters of 7.78 g/t gold. Holes C15-04 and 04B, collared 25 meters south of C14-06, cut 77.75 meters of 2.63 g/t gold. Hole C15-06, drilled 25 meters north of C14-06, cut 31.20 meters of 3.89 g/t gold. The remaining three holes were drilled at Zone 1.0, located 2,000 meters north of Zone 1.5 along the trend of the intrusion. Nighthawk reports that all of these shallow holes intersected significant mineralization over a strike length of 60 meters and to a vertical depth of less than 150 meters. Grade appears to improve to the south as evidenced by hole C15-03, which cut 43.10 meters of 1.13 g/t gold. This was Nighthawk’s first drilling within the northern sector of the intrusion, which indicates the prospectivity of the 2,000 meters between Zone 1.0 and Zone 1.5.

- Shane Lasley