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Nighthawk Gold Equity Warrants Exp 6th May 2024 MIMZD


Primary Symbol: T.NHK.W

Nighthawk Gold Corp. is a Canada-based gold exploration and development company. The Company is engaged in the identification, acquisition, exploration, and evaluation of gold properties. The Company owns 100% ownership of more than 947 square kilometers district scale property within 200 kilometers (km) north of Yellowknife, Northwest Territories, Canada. The property hosts the Indin Lake (Archean) Greenstone belt. Its Colomac Gold Project is a large-scale, open-pit gold project in the Northwest Territories, Canada, about 200 km north of the capital city and mining hub Yellowknife. The Colomac Gold Project represents a series of high-grade open pit gold deposits, and gold mineralization remains open on all directions. Its grassroots targets with gold occurrences on its district scale property include Goldcrest Deposit, Kim Deposit, rizzly Bear Deposit, Damoti Deposit, Cass Deposit, and others.


TSX:NHK.W - Post by User

Post by tony1969on Jan 16, 2023 11:50am
164 Views
Post# 35225760

What will these 4 deposits bring to light in the coming MRE.

What will these 4 deposits bring to light in the coming MRE.We are all very excited about what we will see in the coming MRE. Kim and Cass will no doubt have a big influence on these numbers. However, let us not forget Damoti and Treasure Island. Our latest 2022 MRE shows 316,100 ounces in these 2 deposits . What is very important here is the grade of these two deposits. They are almost twice the grade of the roughly 2 plus g/t contained in Kim and Cass. Remember all of these 4 deposits are still all in the inferred category as of the 2022 MRE. My point is that there are several interesting questions that can be asked here. How far down can they go in Damoti and Treasure Island (Kim and Cass too for that matter) to economically justify bringing some of those inferred UG ounces up to OP indicated? I know this all depends on how high they want to take the strip ratio. At $1920 plus US gold they can move a lot more dirt around at depth and still make some serious $. Did some of the drilling in 2023 prove up more ounces than the 316,100 inferred ounces in Damoti and Treasure Island with infill drilling or step out drilling or deeper drilling? In conclusion, Kim and Cass are likely gamechangers here but let us not forget these other two deposits. Lastly we had a total of just over 4m ounces in all categories. 4,017,600 ounces to be exact. Will this number grow? By how much? What % will be OP and UG? What % will be Indicted and Inferred? Inquiring minds want to know? Any comments? We will all know very soon....
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