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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 mrcreosoteon Jan 29, 2024 8:18pm
112 Views
Post# 35851724

Post Merger

Post MergerI’m thinking that post merger NHK ground will probably never see exploration activity in the foreseeable future. Moneta’s latest PEA (Sept 2022) recommends over $110 million in additional exploration, metallurgical, environmental...etc work to advance deposits to the next level (but still shy of a production level decision). My guess is that Newco will elect to spend on their east Timmins deposits (which have much better infrastructure, access, mill availability, work force availability, permitting etc.), than on their more remote projects in the NWT (perhaps sell them or spin those out at a later time). Looks like that’s what NHK shareholders want as well, to be invested in east Timmins properties, that come with their own metallurgical, structural, and geological challenges. Let’s hope  Newco can deliver a better track record with the drill. Good Luck to all.


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