greenhorn schrieb am 12.10.2016, 14:12 Uhr[/url]"]
NHK -
http://www.nighthawkgold.com/_resources/presentations/NHK_presentation_Sept_2016_v2.pdf
October 12, 2016 07:01 ET
Nighthawk Intersects 72.65 Metres of 5.58 g/t Gold (Uncut), Including 17.80 Metres of 17.72 g/t Gold (Uncut) at Colomac - Expands High-Grade Zone 1.5
http://www.marketwired.com/press-re...res-1772-g-t-gold-tsx-venture-nhk-2165778.htm
TORONTO, ONTARIO--(Marketwired - Oct. 12, 2016) - Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX VENTURE:NHK) today announced that recent drilling has defined the near surface boundaries and dimensions of Zone 1.5, and accordingly, supports the existence of constrained high-grade domains within the Colomac mineralized system. Nighthawk previously reported results from step-out drilling at this newly discovered zone (see September 13, 2016 news release) where C16-03 intersected 52.07 metres (40 metres true width) of 7.72 g/t gold, including 25.47 metres of 14.25 g/t gold, and including 12.35 metres of 9.58 g/t gold. Today's results show that the zone continues uninterrupted down plunge and supports its continuity of mineralization to depth, as C16-03B cut 72.65 metres (50 metres true width) of 5.58 g/t gold, including 17.80 metres of 17.72 g/t gold, 100 metres below the C16-03 intersection (Figures 1, 2, 3 / Table 1).
"We've always considered the existence of distinct higher-grade domains as a very real opportunity at Colomac, although previous to this drilling they had yet to be constrained," said Dr. Michael Byron, President and CEO. "In our June 20, 2012 news release the similarities between Colomac and Kalgoorlie, one of the world's largest Archean gold camps, was first discussed. The Western Australian analogue and Colomac are hosted by a fractionated mafic intrusion where gold is concentrated within its more silica-rich upper portions. Kalgoorlie hosts higher grade gold zones, but at Colomac the existence of similar zones had never been documented. Realizing that opportunity, we targeted Zone 1.5 based on the Kalgoorlie model, and that approach resulted in the discovery of the high-grade gold zone in 2014, in effect endorsing the analogue and our exploration strategies based on it. Discoveries of this size and continuity have radically changed our understanding of Colomac, as higher grade zones represent an exciting new resource expansion opportunity," commented Dr. Michael Byron.
From initial drill start-up (see July 5, 2016 news release) to program conclusion in late September, 34 drillholes (8,390 metres) were laid out to help delineate Zone 1.5, test for other higher-grade prospects within the Colomac and Goldcrest sills, and to target near-surface resource expansion opportunities. Results from 8 drillholes (1,955 metres) are presented in Tables 1 and 2 below. Outside of Colomac, Nighthawk has advanced several other highly prospective targets throughout its vast Indin Lake land package. Ongoing regional prospecting and mapping programs have been effective in that process and in identifying exciting new prospects. Results from that work will be summarized in upcoming news releases.