Nighthawk Gold Corp. - NHK.t is focused on the Indin Lake Gold Property located 200 kilometres north of Yellowknife, Northwest Territories.
An inferred Mineral Resource estimate of 39.81 million tonnes with an average grade of 1.64 g/t Au for 2.101 million oz gold using a cut-off grade of 0.6 g/t gold is defined at its Colomac property.
Nighthawk Gold Corp. (TSX: NHK; OTCQX: MIMZF) is pleased to report drill results from the final six holes of its 2017 program. Nighthawk drilled its first two holes at the Grizzly Bear deposit, part of its 100% owned Colomac Gold Project (“Colomac”), and four holes on the North Inca gold deposit, (one of four high-priority prospects lying within the Leta Arm Gold Project southwest of Colomac) following up on high-grade gold intersections reported from the Company’s 2011 drill campaign.
All holes intersected gold mineralization, highlighted by Grizzly Bear hole GB17-01B that returned 12.60 metres of 4.96 grams per tonne gold (“gpt” “Au”), including 8.00 metres of 7.32 gpt Au, and 4.00 metres of 13.40 gpt Au; and North Inca hole NI17-01 which assayed 9.55 metres of 4.03 gpt Au, including 3.00 metres of 8.14 gpt Au.
The project has estimated mineral resources containing 5 million ounces gold. Amulsar has potential for a large scale, low cost operation utilizing open pit mining and conventional heap leach processing.
Lydian International Limited (TSX:LYD) is pleased to announce the appointment of Rodney Stuparyk, P. Eng., as General Manager at Lydian's 100% owned Amulsar Gold Project, effective immediately. Mr. Stuparyk will be instrumental in transitioning the Amulsar Project from construction through commissioning to operational readiness.
"Solgold PLC has provided an update from the company's
Cascabel project in Northern Ecuador, where drilling is currently focused on targeting high-grade
extensions to the Alpala resource.
Highlights:
12 rigs now on site and operational at Alpala;
An additional 13,384 metres of drilling completed since release of Alpala maiden mineral
resource estimate cut-off (published on Jan. 3, 2018, refer to attached table). Over 120,000 m of drilling scheduled for the next 12 months;
Alpala drill hole targeting high-grade extensions to the current Alpala resource;
Hole 33 high-grade mineralization extension: 824 m at 0.80 per cent copper equivalent, including 576 m at 0.93 per cent
CuEq;
Perseus operates the Edikan Gold Mine (EGM) in Ghana, which has produced approximately 200,000 ounces of gold per year since 2012, as well as the Sissingué and Yaoure projects under development in Côte d’Ivoire.
"Perseus (ASX/TSX: PRU) is pleased to advise that:
The development and commissioning of its second gold mine, the Sissingué Gold Mine in Côte d’Ivoire, is nearing completion with the introduction of crushed ore to the mill and the CIL plant on Saturday 13th January 2018.
First gold is expected to be produced at Sissingué ahead of schedule, prior to the end of January 2018, and the ramp up to full scale commercial production is expected to be achieved by 31 March 2018.
The estimated capital cost of the full development of the Sissingué mine and infrastructure, excluding early works but including operational readiness initiatives, was US$107 million and on current estimates this budget will not be exceeded.
Perseus Mining Ltd. has recently completed a re-estimation of mineral resources and ore reserves for its Edikan gold mine in Ghana.
