With the gold mining industry still depressed, investors are now highly focused and extremely selective with the companies in which they are placing their hard-earned dollars. They want to see either:
The Colomac Gold Project of Nighthawk Gold Corp. (TSX: NHK, OTCQB: MIMZF, Forum) clearly passes the test in terms of robust intercepts and it can also boast some high-grade numbers. The Stockhouse audience has already been introduced to this Company in a full-length feature article from November 27, 2018.
The next day, Nighthawk reported new drilling results that included its broadest intercepts to date. Hole C17-28 reported “several extensive regions of continuous mineralization”:
These results extended this zone of mineralization where it remains open along strike and to depth. Previous drilling has also yielded very robust intercepts of high-grade gold, including:
Altogether, 26,168 meters of drilling were completed in 2017. A minimum of 25,000 meters of drilling is planned for this year. The Company is fully funded for the next 18-24 months, anchored by strategic investors like Kinross Gold and Osisko Royalties.
All of this activity has led to a new resource estimate for the Colomac Project. Stockhouse recently tracked down NHK’s busy CEO, Michael Byron, to dig deeper into this new resource estimate as well as getting a more general update on Colomac.
FULL DISCLOSURE: Nighthawk Gold Corp is a paid client of Stockhouse Publishing.
Stock market close - March 20, 2024
Stock market close - Mar 19, 2024
Stockhouse: March 15 2024 Stock Market Close
Thematic Insights: Why gold is a best-buy for investors in early 2024
Stockhouse Market Close - Mar 13, 2024
Stockhouse Market Close Mar 12, 2024
Thematic Insights: Gold (March 2024)
Stockhouse Market Close- Mar 6, 2024
Stockhouse Market Close Podcast - Feb 29, 2024
SKRR Exploration and F3 Uranium Interview
This Early-Stage Exploration Company is Ready to Dominate the EV Space
How a Canadian-based Helium Company is Meeting Demand in the High-tech Market
A Dual Threat Gold & Silver Opportunity in BC’s Prolific Cariboo Mining Region
Bioasis Technologies: A Very BIG Year in Review
Mining Exploration in the Presence of Giants, in the Heart of the Golden Triangle
The SUPER-State Cannabis Company that’s on the Move
Interview with Mark Selby, CEO of Canada Nickel Co.
Interivew with good natured Products
Iron Ore & Vanadium in Quebec: Who’s Driving BOTH Markets?
The Company That’s Delivering Safe, Evidence-Based Psychedelic-Assisted Psychotherapies
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
The Commercial Edge: Unleash the Power of People
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast