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.
Blockchain 101 Podcast - Eps 1 - Alex Tapscott
Podcast #63 Group Eleven Resources Corp.
Podcast #62 Zomedica Pharmaceuticals Corp.
Podcast #61 Orefinders Resources Inc.
Podcast #57 Midnight Sun Mining
HIKU/DOJA Interview
Podcast #60 First Majestic Silver Corp.
Podcast #59 IGC Inc
Podcast #58 CVR Medical Corp
Podcast #57 Universal mCloud Inc
Podcast #56 GoldMining Inc
Podcast #55 Greenfields Petroleum Corp
Podcast #54 Cobalt Power Group
Podcast #53 Nutritional High International
Podcast #52 Friday Night Inc
Podcast #51 Molori Energy
Podcast #50 North Arrow Minerals Inc.
Podcast #49 Global UAV
Frank Curzio interviews Amir Adnani
Podcast #48 Teranga Gold
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast