Nighthawk Gold: Advancing Towards a Promising Future in Canadian Gold Mining

October 4, 2023

Investing in Gold Stocks

Nighthawk Gold, a Toronto-based gold developer, has been making significant progress under the leadership of President and CEO Keyvan Salehi. They have advanced their Colomac Gold project in the Northwest Territories and recently reported their maiden preliminary economic assessment (PEA). The PEA results are positive, showcasing attractive economics, a sizable project, and an annual production profile of close to 300,000 ounces of gold.

The property is also scalable, presenting opportunities for further expansion. This development positions Colomac as a potential Tier-1 Canadian gold project. Nighthawk has a substantial global resource space of around 4 million ounces, with high confidence in the indicated resources. The property spans nearly 1000 square kilometers and has numerous gold showings, indicating significant exploration potential.

The company has a dynamic management team that has exceeded expectations over the past two years. Analysts, like Ryan Hanley from Laurentian Bank Securities, believe Nighthawk stands out from its peers due to the project's size and valuation. Nighthawk plans to capitalize on its potential by implementing ambitious plans, including an extensive drill program and exploration of greenfield targets. The company envisions a promising future with a project that has favorable economics, size, and scalability, capable of producing gold for generations to come. Nighthawk aims to complete a feasibility study and make a construction decision within the next 2 1/2 years.

For more information on Nighthawk Gold Corp. (TSX: NHK, OTCQX: MIMZF) please click on the request investor info button.


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