NIGHTHAWK GOLD (TSX: NHK) REPORTS 916.00 G/T AU OVER 0.50 M (WITH 232.18 G/T OVER 2.00 M) AT THE CASS DEPOSIT

Nighthawk Gold (TSX: NHK) has released assay results from drilling at the Cass deposit, part of the Kim and Cass deposits, which are within 15 kilometres of the Colomac Centre area

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Nighthawk president and chief executive officer Keyvan Salehi commented: "The results from the Cass deposit drilling are some of the most impressive, high-grade, near-surface intercepts we have seen from all the deposits that make up the Colomac gold project. We intersected these high-grade intercepts mostly outside the current mineral resource estimate pit shells, suggesting the expansion of known mineralization and a potential improvement of the open-pit grade profile of the Cass deposit.

"With the 40 km drill database completed and disclosed for 2022, we have all the information needed to update the 2022 MRE, which we plan to deliver in early 2023."

Kim and Cass deposits

The Kim and Cass deposits are high-grade, potentially open-pit deposits that are located within 15 km southwest of Colomac Centre. Exploration at the Kim and Cass deposits focused on understanding the structural controls of the mineralization and expanding the near-surface mineral resources of these deposits.

Cass deposit

The Cass deposit is located approximately two km southwest from the Kim deposit. The Cass deposit area is underlain by subvertical, pillowed-to-massive mafic flows and turbiditic metasediments that are intruded by gabbroic sills. The majority of the gold mineralization at the Cass deposit is hosted along the eastern boundary of the Cass area gabbro and metavolcanic units, and is associated with multiple sets of steeply dipping quartz-carbonate-sulphide veins.

The known mineralization of the Cass deposit occurs over a 30-metre width and a strike length of 960 m. Two thousand twenty-two drilling focused on high-grade, near-surface mineralization to expand the 2022 MRE Cass pit shells. Drilling successfully extended the mineralized zone by an additional 150 m on strike to the southwest (approaching the highly prospective Albatross exploration target). The highest-grade intercept of the drill program (and one of the highest-grade intercepts to date) was drilled at Cass in hole CM22-22. Approximately 26 of the 39 holes drilled intercepted coarse, visible gold.

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DISCLAIMER: Nighthawk Gold is a paid marketing client*

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