TSX: NHK
TORONTO, Nov. 19, 2018 /CNW/ - Nighthawk Gold Corp.
("Nighthawk" or the "Company") (TSX: NHK; OTCQX:
MIMZF) is pleased to report drill results from nineteen holes
(4,752 metres) at its 100% owned Colomac Gold Project
("Colomac"), in the Northwest
Territories. A total of 15,952 metres of drilling was
completed at Colomac including drilling results from Grizzly Bear,
and Zones 3.0 and 1.5 which were previously released. Additional
drilling from the Company's regional targets within its Indin Lake
Gold Property is still pending and will be released as assays
become available.
Drilling targeted near-surface areas within the Colomac sill
considered prospective for hosting high-grade mineralization
extending below the current resource at Zones 2.0, 2.5, and 3.0,
all of which have had limited drilling to depth. Drilling also
aimed to infill gaps in drill coverage between shallow historical
holes and deeper holes drilled by the Company in 2012.
All holes intersected broad relatively uniform mineralization
(Table 1), highlighted by four shallow holes collared at the north
end of Zone 2.5 (C18-25 and C18-27 series holes) that traced
near-surface higher-grade mineralization to depth (Figure 1),
indicating the presence of a new steeply plunging mineralized shoot
similar to high-grade Zone 1.5 (see press release dated
September 18, 2018). These drill
results have further strengthened the opportunities for resource
expansion between high-grade Zone 3.5 and Zone 2.0, a relatively
unexplored 1.5-kilometre-long southern section of the sill, and
confirmed the exploration opportunities to depth.
HIGHLIGHTS OF DRILLING:
Zone 3.0|
- C18-19B: 20.10
metres of 2.98 grams per tonne gold ("gpt" "Au"), including
13.25 metres of 4.30 gpt Au, and 5.00 metres of 9.54 gpt Au
Zone 2.5|
- C18-25B: 51.00
metres of 1.68 gpt Au, including 8.25 metres of 3.17 gpt Au, and
1.75 metres of 9.81 gpt Au
- C18-27: 26.00 metres of 2.04 gpt Au, including
11.40 metres of 3.00 gpt Au, and 3.25 metres of 6.61 gpt Au
- C18-27B: 53.00
metres of 1.48 gpt Au, including 20.75 metres of 2.59 gpt Au, and
1.50 metres of 12.03 gpt Au
Zone 2.0|
- C18-26: 25.25 metres of 3.42 gpt Au, including
12.75 metres of 5.05 gpt Au, and 7.25 metres of 7.10 gpt Au
- C18-26B: 39.50
metres of 1.54 gpt Au, including 10.50 metres of 3.07 gpt Au, and
2.50 metres of 6.76 gpt Au
- C18-22: 15.60 metres of 2.48 gpt Au, including
9.00 metres of 4.00 gpt Au, and 3.75 metres of 8.34 gpt Au
- New higher-grade shallow intercepts indicate the potential for
additional steeply plunging gold zones developing to depth
- Discovery of laterally extensive shallow high-grade
mineralization open to depth
- Drilling has confirmed the continuity of mineralization within
large near-surface gaps in drill coverage and has extended zones to
depth below the current resource
- These new discoveries support the prospects for finding
additional areas hosting higher-grade mineralized shoots within the
Colomac Main and Goldcrest sills
Note: All assays are uncut (see Table 1)
Dr. Michael Byron, President and
CEO commented, "With today's results, we have now reported all
holes drilled at Colomac in our 2018 program. We are incredibly
encouraged by the consistent breadth of mineralization continuously
intersected throughout all areas of the Colomac sill. We are
particularly excited about results from the C18-19, C18-25, C18-26,
and C18-27 series holes, which have discovered new areas of
high-grade near-surface mineralization. Additional drilling is
required to better establish these as higher-grade mineralized
shoots similar to Zone 1.5, but the early indications are extremely
positive. Current drilling has increased our confidence of
discovering other higher-grade zones in addition to those
identified to-date, all of which will have a positive impact on the
global resource grade going forward. An in-depth analysis of our
2018 results is in progress to help develop the targeting strategy
for the 2019 exploration program."
Summary of Exploration Results
Nighthawk's previous drilling at Colomac focused mainly on the
northern half of the sill, in particular Zone 2.0 and high-grade
gold Zone 1.5. In 2018 the Company expanded its activities to test
several other highly prospective targets including high-grade Zone
3.5 (see press release dated September 11,
2018), resulting in the delineation of mineralization to
depth below the current resource. However, the 2.5-kilometre
section of sill between Zones 2.0 and 3.5 had limited drilling
below 100 metres. These recent holes probed some of the previously
untested areas lying between shallow historical holes and some
deeper holes that the Company drilled in its maiden 2012 program
resulting in the discovery of several higher-grade areas believed
related to steeply plunging gold mineralized envelopes to
depth.
Table 1. Colomac Drill Results (uncut)
Hole
ID
|
Zone
|
Collar
Orientations
(degrees)
|
Intersection
Metres
|
Core
Length
|
True
Width
|
Gold
Grade
|
Azimuth
|
Dip
|
From
|
To
|
(Metres)
|
(Metres)
|
(gpt)
|
C18-17
|
3.5
|
290
|
-50
|
123.25
|
126.25
|
3.00
|
|
0.52
|
including
|
125.50
|
126.25
|
0.75
|
|
1.21
|
|
132.25
|
133.00
|
0.75
|
|
2.58
|
|
139.00
|
151.00
|
12.00
|
|
0.47
|
including
|
140.50
|
148.75
|
8.25
|
|
0.59
|
including
|
140.50
|
141.25
|
0.75
|
|
1.12
|
including
|
147.25
|
148.75
|
1.50
|
|
1.52
|
|
155.25
|
155.75
|
0.50
|
|
5.43
|
|
178.75
|
181.00
|
2.25
|
|
1.53
|
including
|
180.25
|
181.00
|
0.75
|
|
3.23
|
C18-19
|
3.0
|
290
|
-45
|
125.35
|
132.00
|
6.65
|
|
0.86
|
including
|
125.35
|
126.75
|
1.40
|
|
1.38
|
|
134.50
|
150.30
|
15.80
|
10.00
|
1.40
|
including
|
136.00
|
147.00
|
11.00
|
|
1.76
|
including
|
141.25
|
147.00
|
5.75
|
|
2.41
|
including
|
143.50
|
147.00
|
3.50
|
|
2.80
|
including
|
144.25
|
146.00
|
1.75
|
|
4.04
|
C18-19B
|
3.0
|
290
|
-61
|
153.15
|
173.25
|
20.10
|
9.00
|
2.98
|
including
|
153.75
|
167.00
|
13.25
|
|
4.30
|
including
|
157.50
|
167.00
|
9.50
|
|
5.52
|
including
|
162.00
|
167.00
|
5.00
|
|
9.54
|
including
|
165.00
|
167.00
|
2.00
|
|
22.60
|
|
177.50
|
180.00
|
2.50
|
|
2.44
|
including
|
177.50
|
178.00
|
0.50
|
|
7.04
|
C18-21
|
3.0
|
290
|
-55
|
132.25
|
171.60
|
39.35
|
25.00
|
1.46
|
including
|
132.25
|
149.50
|
17.25
|
|
2.00
|
including
|
136.50
|
142.50
|
6.00
|
|
2.36
|
including
|
136.50
|
138.50
|
2.00
|
|
4.33
|
including
|
148.00
|
156.00
|
8.00
|
|
2.70
|
including
|
148.00
|
151.50
|
3.50
|
|
5.31
|
including
|
148.00
|
149.00
|
1.00
|
|
17.07
|
including
|
162.00
|
171.60
|
9.60
|
|
1.90
|
including
|
164.25
|
170.20
|
5.95
|
|
2.67
|
including
|
164.25
|
166.50
|
2.25
|
|
3.95
|
C18-21B
|
3.0
|
290
|
-65
|
179.50
|
196.75
|
17.25
|
10.00
|
1.49
|
including
|
179.50
|
193.00
|
13.50
|
|
1.78
|
including
|
182.50
|
193.00
|
10.50
|
|
1.97
|
including
|
187.00
|
193.00
|
6.00
|
|
2.63
|
including
|
187.00
|
189.00
|
2.00
|
|
3.58
|
including
|
191.50
|
193.00
|
1.50
|
|
4.68
|
C18-23
|
3.0
|
286
|
-45
|
140.75
|
169.00
|
28.25
|
|
1.07
|
including
|
144.50
|
152.50
|
8.00
|
|
2.03
|
including
|
151.00
|
152.50
|
1.50
|
|
8.53
|
including
|
163.50
|
169.00
|
5.50
|
|
1.64
|
including
|
166.00
|
169.00
|
3.00
|
|
2.62
|
including
|
176.00
|
178.00
|
2.00
|
|
1.47
|
C18-23B
|
3.0
|
286
|
-60
|
177.45
|
188.75
|
11.30
|
|
0.49
|
including
|
180.50
|
181.00
|
0.50
|
|
2.59
|
including
|
186.50
|
188.75
|
2.25
|
|
1.16
|
|
195.00
|
199.00
|
4.00
|
|
0.52
|
including
|
198.50
|
199.00
|
0.50
|
|
1.57
|
C18-24
|
2.5
|
287
|
-45
|
134.00
|
137.75
|
3.75
|
|
1.69
|
including
|
137.00
|
137.75
|
0.75
|
|
7.74
|
|
158.75
|
183.25
|
24.50
|
18.00
|
0.95
|
including
|
160.50
|
166.75
|
6.25
|
|
1.13
|
including
|
169.75
|
172.75
|
3.00
|
|
1.55
|
including
|
174.75
|
180.25
|
5.50
|
|
1.49
|
including
|
179.25
|
180.25
|
1.00
|
|
3.69
|
C18-24B
|
2.5
|
287
|
-60
|
207.00
|
224.50
|
17.50
|
10.00
|
1.51
|
including
|
207.50
|
211.50
|
4.00
|
|
2.03
|
including
|
209.50
|
211.50
|
2.00
|
|
3.36
|
including
|
214.50
|
216.50
|
2.00
|
|
1.81
|
including
|
218.50
|
221.00
|
2.50
|
|
4.47
|
C18-25
|
2.5
|
280
|
-45
|
157.25
|
196.90
|
39.65
|
30.00
|
1.45
|
including
|
158.00
|
170.00
|
12.00
|
|
1.67
|
including
|
158.00
|
161.00
|
3.00
|
|
2.21
|
including
|
167.00
|
168.50
|
1.50
|
|
3.51
|
including
|
179.50
|
196.20
|
16.70
|
12.00
|
1.77
|
including
|
179.50
|
180.50
|
1.00
|
|
2.73
|
including
|
185.50
|
192.50
|
7.00
|
|
2.66
|
including
|
185.50
|
188.50
|
3.00
|
|
3.25
|
including
|
185.50
|
186.50
|
1.00
|
|
8.05
|
including
|
190.00
|
192.50
|
2.50
|
|
3.44
|
including
|
191.00
|
192.50
|
1.50
|
|
5.02
|
C18-25B
|
2.5
|
280
|
-60
|
185.25
|
236.25
|
51.00
|
30.00
|
1.68
|
including
|
190.50
|
198.75
|
8.25
|
|
3.17
|
including
|
190.50
|
192.25
|
1.75
|
|
9.81
|
including
|
212.00
|
215.50
|
3.50
|
|
2.61
|
including
|
218.50
|
233.50
|
15.00
|
|
2.44
|
including
|
227.50
|
233.50
|
6.00
|
|
3.22
|
including
|
231.50
|
233.50
|
2.00
|
|
8.15
|
C18-27
|
2.5
|
280
|
-60
|
185.70
|
212.00
|
26.30
|
|
1.10
|
including
|
187.95
|
189.70
|
1.75
|
|
3.20
|
including
|
195.50
|
204.50
|
9.00
|
|
1.62
|
including
|
200.00
|
204.50
|
4.50
|
|
2.21
|
including
|
209.00
|
211.25
|
2.25
|
|
2.07
|
|
231.5
|
257.50
|
26.00
|
18.00
|
2.04
|
including
|
237.00
|
257.50
|
20.50
|
|
2.43
|
including
|
237.00
|
248.40
|
11.40
|
|
3.00
|
including
|
237.00
|
245.75
|
8.75
|
|
3.22
|
including
|
239.50
|
245.75
|
6.25
|
|
3.99
|
including
|
237.00
|
240.25
|
3.25
|
|
6.61
|
including
|
239.50
|
240.25
|
0.75
|
|
24.30
|
including
|
255.75
|
257.50
|
1.75
|
|
6.37
|
|
305.25
|
305.75
|
0.50
|
|
4.68
|
C18-27B
|
2.5
|
280
|
-68
|
219.50
|
272.50
|
53.00
|
25.00
|
1.48
|
including
|
228.75
|
231.00
|
2.25
|
|
1.94
|
including
|
249.50
|
270.25
|
20.75
|
|
2.59
|
including
|
249.50
|
255.50
|
6.00
|
|
3.15
|
including
|
260.00
|
267.00
|
7.00
|
|
3.88
|
including
|
260.00
|
264.50
|
4.50
|
|
5.55
|
including
|
263.00
|
264.50
|
1.50
|
|
12.03
|
|
297.25
|
298.00
|
0.75
|
|
4.56
|
C18-26
|
2.0
|
277
|
-50
|
137.50
|
162.75
|
25.25
|
20.00
|
3.42
|
including
|
142.75
|
155.50
|
12.75
|
|
5.05
|
including
|
142.75
|
150.00
|
7.25
|
|
7.10
|
including
|
142.75
|
145.50
|
2.75
|
|
15.38
|
including
|
144.00
|
145.50
|
1.50
|
|
25.47
|
including
|
159.00
|
161.25
|
2.25
|
|
3.58
|
|
169.50
|
174.00
|
4.50
|
|
1.29
|
|
184.50
|
185.25
|
0.75
|
|
1.34
|
|
188.25
|
193.75
|
5.50
|
|
0.85
|
|
218.70
|
219.70
|
1.00
|
|
1.08
|
C18-26B
|
2.0
|
277
|
-65
|
178.50
|
218.00
|
39.50
|
20.00
|
1.54
|
including
|
182.25
|
199.25
|
17.00
|
|
2.27
|
including
|
188.75
|
199.25
|
10.50
|
|
3.07
|
including
|
194.00
|
199.25
|
5.25
|
|
4.24
|
including
|
196.75
|
199.25
|
2.50
|
|
6.76
|
including
|
198.25
|
199.25
|
1.00
|
|
12.09
|
including
|
211.25
|
218.00
|
6.75
|
|
2.23
|
including
|
215.50
|
218.00
|
2.50
|
|
3.64
|
|
265.50
|
269.35
|
3.85
|
|
1.99
|
C18-22
|
2.0
|
280
|
-45
|
115.15
|
130.75
|
15.60
|
11.00
|
2.48
|
including
|
115.15
|
127.00
|
11.85
|
|
3.19
|
including
|
117.40
|
126.40
|
9.00
|
|
4.00
|
including
|
117.40
|
121.15
|
3.75
|
|
8.34
|
including
|
119.65
|
121.15
|
1.50
|
|
15.03
|
|
135.25
|
143.50
|
8.25
|
|
1.13
|
|
157.75
|
164.25
|
6.50
|
|
1.24
|
including
|
159.50
|
160.00
|
0.50
|
|
5.38
|
including
|
162.00
|
164.25
|
2.25
|
|
1.69
|
|
184.50
|
187.50
|
3.00
|
|
0.78
|
|
194.25
|
201.75
|
7.50
|
|
0.50
|
including
|
194.25
|
195.75
|
1.50
|
|
1.20
|
C18-22B
|
2.0
|
280
|
-60
|
154.00
|
230.25
|
76.25
|
36.00
|
0.67
|
including
|
210.75
|
230.25
|
19.50
|
|
0.87
|
including
|
169.75
|
183.00
|
13.25
|
|
1.41
|
including
|
175.50
|
176.50
|
1.00
|
|
2.83
|
including
|
180.00
|
183.00
|
3.00
|
|
2.85
|
including
|
214.00
|
222.75
|
8.75
|
|
1.43
|
|
261.00
|
264.00
|
3.00
|
|
1.89
|
C18-20
|
2.0
|
270
|
-50
|
152.50
|
157.75
|
5.25
|
|
0.76
|
including
|
156.25
|
157.75
|
1.50
|
|
1.21
|
|
173.50
|
197.00
|
23.50
|
|
0.83
|
including
|
188.75
|
195.50
|
6.75
|
|
1.83
|
including
|
193.25
|
195.50
|
2.25
|
|
3.19
|
C18-20B
|
2.0
|
270
|
-60
|
181.50
|
183.00
|
1.50
|
|
1.49
|
|
186.75
|
233.45
|
46.70
|
27.00
|
1.00
|
including
|
195.75
|
204.75
|
9.00
|
|
1.60
|
including
|
195.75
|
199.50
|
3.75
|
|
2.26
|
including
|
216.50
|
232.70
|
16.20
|
|
1.61
|
including
|
221.00
|
230.45
|
9.45
|
|
2.10
|
including
|
221.00
|
224.45
|
3.45
|
|
3.67
|
*Lengths are reported as core lengths. True widths vary
depending on drillhole dip.
Zone 3.5
Hole C18-17 was drilled at the north end of Zone 3.5, 60 metres
north of C18-10 (see press release dated September 11, 2018), and 100 metres beneath the
#3 surface pit, to explore a gap in drill coverage between several
shallow historical holes and hole C12-13, a deeper intersection
that the Company drilled in 2012 (see press release dated
September 19, 2012). Upwards of
50-metres (true width) of well mineralized quartz diorite was
intersected, however a higher-grade interval was not noted (Table
1).
Zone 3.0
Six shallow holes (C18-19, C18-21, and C18-23 series holes) were
drilled from three setups along a 700-metre section of Zone 2.5 to
trace near-surface mineralization intersected by historical
drilling to depth below the #3 pit (Figure 1). All holes
returned broad intercepts extending mineralization to new depths,
but still less than 150 metres from surface, where they remain
open. Results are consistent with known characteristics of other
high-grade zones within the sill where better grades typically
occur to depth within plunging mineralized shoots.
Holes C18-19 and C18-19B were
collared 100 metres north of C18-17. The steeper hole,
C18-19B, intersected 20.10 metres of
2.98 gpt Au, including 13.25 metres of 4.30 gpt Au, and 5.00 metres
of 9.54 gpt Au, a positive indication that higher grade
mineralization exists to depth on this section (Figure 2).
Holes C18-21 and C18-21B were
drilled 460 metres north of the C18-19 series holes to explore an
area that had never been drilled below 100 metres. Both holes
encountered extensive mineralization to new depths, highlighted by
C18-21 that intersected 39.35 metres of 1.46 g/t gold including
8.00 metres of 2.70 g/t gold, and 3.50 metres of 5.31 gpt Au.
Holes C18-23 and C18-23B were
collared 260 metres north of hole C18-21 at the north end of Zone
3.0. Previous drilling in this area had not tested the sill below
50 metres depth. Broad mineralization was encountered highlighted
by hole C18-23 that returned 28.25 metres of 1.07 gpt Au, including
8.00 metres of 2.03 gpt Au. Mineralization was traced to 100 metres
depth where it remains open.
Zone 2.5
Six holes were drilled from three setups at Zone 2.5 to follow
up on historical drilling that documented near-surface
mineralization that was open to depth. Holes C18-24 and
C18-24B were collared 60 metres north
of hole C18-23 to explore below the current resource and
successfully extended mineralization to 140 metres below surface
where it remains open. The steeper hole, C18-24B, encountered a broad region of lower-grade
material (17.50 metres of 1.51 g/t Au), that lacked an internal
higher-grade core at this shallow depth.
The C18-25 series holes were collared 200 metres north of C18-24
to probe the untested depth extension of shallow mineralization
encountered by historical drilling. At 140 metres depth hole
C18-25B intersected 51.00 metres of
1.68 gpt Au, including 8.25 metres of 3.17 gpt Au, a positive
indication of proximity to higher-grade mineralization (Figure 3).
Holes C18-27 and C18-27B were a 60
metre step out to the north of the C18-25 series holes to explore
the potential northern down plunge extension of this higher-grade
opportunity. Hole C18-27 intersected 26.00 metres of 2.04 gpt Au,
including 11.40 metres of 3.00 gpt Au, and 3.25 metres of 6.61 gpt
Au, while the steeper hole, C18-27B,
intersected 53.00 metres of 1.48 gpt Au, including 20.75 metres of
2.59 gpt Au, and 1.50 metres of 12.03 gpt Au (Figure 4).
Collectively these holes define a distinctive northerly plunge to
the mineralization to at least 200 metres below surface where it
remains open, mimicking the geometry of better constrained examples
such as high-grade Zone 1.5. Additional drilling is being
planned to further evaluate this exciting new target area.
Zone 2.0
Six holes were drilled from 3 tightly spaced setups at the
southern end of Zone 2.0, 300 metres north of holes C18-27 and
C18-27B. This area of the sill
remains largely unexplored below the #2 open pit.
Holes C18-26 and C18-26B
intersected strong mineralization 35 metres and 95 metres below the
pit, extending the target to depth where it remains open. Hole
C18-26, the shallower of the two holes, cut a broad zone of uniform
mineralization that returned 25.25 metres of 3.42 gpt Au, including
12.75 metres of 5.05 gpt Au, and 7.25 metres of 7.10 gpt Au. The
steeper hole C18-26B intersected
39.50 metres of 1.54 gpt Au, including 10.50 metres of 3.07 gpt Au,
and 2.50 metres of 6.76 gpt Au (Figure 5). The holes outline a
higher-grade internal core that appears to plunge steeply to the
north. Additional drilling is needed to better define zone
geometry, but early indications are that it shares similarities to
Colomac's other higher-grade zones.
Two holes were drilled from a common setup 50 metres north of
hole C18-26 to continue exploring the #2 pit to depth extending
mineralization 100 metres below the pit where it remains open. The
upper hole (C18-22) intersected 15.60 metres of 2.48 gpt Au,
including 9.00 metres of 4.00 gpt Au, and 3.75 metres of 8.34 gpt
Au (Figure 6). Although the lower hole cut an extensive region of
mineralization returning 19.50 metres of 0.87 gpt Au, high-grade
numbers were not recorded. The same is noted for holes C18-20 and
C18-20B which targeted the depth
extension of mineralization 50 metres to the north below the #2 pit
to 70 metres depth. Both intersected broad mineralization but
lacked internal higher-grade material.
Current drilling has confirmed continuity of mineralization
throughout the noted gaps in drill coverage, extended zones to
depth below the current resource, and identified new areas of
higher-grade mineralization that suggest the presence of new
high-grade gold shoots.
To-date, higher-grade plunging gold systems have been identified
at five areas along the sill (Zones 1.5, 2.0, 2.5, 3.0, and 3.5),
all of which remain open to depth and laterally. These discoveries
demonstrate the potential for finding other similar zones within
the Colomac Main and Goldcrest sills. Distinct higher-grade,
steeply plunging, gold shoots continue to be an exploration
priority for resource expansion.
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.
As part of its QA/QC program, Nighthawk inserts external gold
standards (low to high grade) and blanks every 20 samples in
addition to the standards, blanks, and pulp duplicates inserted by
ALS Global.
About Nighthawk
Nighthawk is a Canadian-based gold exploration company with 100%
ownership of a district-scale land position within the Indin Lake
Greenstone Belt, located approximately 200 km north of Yellowknife, Northwest Territories, Canada.
Nighthawk is focused on advancing the Colomac Gold Project with a
current inferred resource of 2.6 million ounces of gold (50.3
million tonnes at an average grade of 1.62 grams per tonne gold),
as well as advancing its other regional gold deposits and showings
within this largely underexplored Archean gold camp.
The Company has an experienced and dedicated team and is well
funded to complete its goals and objectives over the next 18-24
months.
Qualified Person
Dr. Michael J. Byron, Ph.D.,
P.Geo., President & Chief Executive Officer of Nighthawk, who
is the "Qualified Person" as defined by NI 43-101 for this project,
has reviewed and approved of the technical disclosure contained in
this news release. Please refer to NI 43-101 technical report
"Technical Report and mineral resource estimate update on the
Colomac Property of the Indin Lake Project", dated June 17, 2013, as filed under the company's
profile on www.sedar.com.
Neither the Toronto Stock Exchange has neither reviewed nor
accepts responsibility for the adequacy or accuracy of this news
release.
Forward-Looking Information
This news release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation.
Forward-looking information includes, but is not limited to,
information with respect to the Company's exploration plans
including its drilling program and the timing and results thereof;
the ability to expand the current resource with additional
drilling; and the ability to discover and define new higher-grade
gold zones and any impact on the overall grade. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects", or "does
not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "does not anticipate", or
"believes" or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would",
"might", or "will be taken", "occur", or "be achieved".
Forward-looking information is based on the opinions and
estimates of management at the date the information is made, and is
based on a number of assumptions and is subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
Nighthawk to be materially different from those expressed or
implied by such forward-looking information, including risks
associated with the exploration, development and mining such as
economic factors as they effect exploration, future commodity
prices, changes in foreign exchange and interest rates, actual
results of current exploration activities, government regulation,
political or economic developments, environmental risks, permitting
timelines, capital expenditures, operating or technical
difficulties in connection with development activities, employee
relations, the speculative nature of gold exploration and
development, including the risks of diminishing quantities of
grades of reserves, contests over title to properties, and changes
in project parameters as plans continue to be refined as well as
those risk factors discussed in Nighthawk's annual information form
for the year ended December 31, 2017,
available on www.sedar.com.
Although Nighthawk has attempted to identify important factors
that could cause actual results to differ materially from those
contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such information will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information.
Accordingly, readers should not place undue reliance on
forward-looking information. Nighthawk does not undertake to update
any forward-looking information, except in accordance with
applicable securities laws.
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SOURCE Nighthawk Gold Corp.