Mining News: Drills trace high-grade Indin Lake gold zones

Nighthawk Gold Corp. Aug. 28 reported the expansion of gold zones at the Colomac project on its Indin Lake property about 160 kilometers (100 miles) north of Yellowknife, Northwest Territories. Hole C17-12B cut 145.75 meters (25 meters true width) of 3.33 grams per metric ton gold in, effectively extending Zone 1.5 at Colomac an additional 50 meters to the north. Drilling also cut gold in a gap between Zone 1.5 and Zone 2.0, which lies to the south. One hole drilled in this area, C17-10B, cut 86.3 meters of 1.45 g/t gold. Colomac drilling continues to deliver; backstopping confidence in the deposit’s resource expansion opportunities, and confirming the north plunging mineralization and strong continuity of the high-grade domain at Zone 1.5. Another hole drilled in this area, C17-09B, cut 66.6 meters (50 meters true width) of 1.04 g/t gold. Nighthawk said this drilling confirms wide zones of continuous mineralization between Zone 1.5 and Zone 2.0. “We remain encouraged by the breadth of the mineralized zones that we continue to intersect, and are confident in our ability to continue tracing and expanding the high-grade mineralization at Zone 1.5. The fact that it can now be accurately tracked and expanded, and that it maintains its higher-grade character, are both important features that will positively impact our upcoming resource estimate,” said Nighthawk President and CEO Michael Byron. Nighthawk is nearing the halfway point of a planned 25,000-meter drill program for 2017. –SHANE LASLEY