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NHK

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Nighthawk Reports 80.70 Metres of 4.53 g/t Gold and 61.50 Metres of 4.24 g/t Gold from Historic Drilling at Cass

10/04/2014 12:00pm

Marketwired Canada


Nighthawk Gold Corp. ("Nighthawk") (TSX VENTURE:NHK) reports additional assay
results from 16 historic holes drilled in 1987 on its Cass gold deposit located
on Nighthawk's Indin Lake Gold Property in the Northwest Territories ("NWT").


HIGHLIGHTS:



--  Hole C87-16 intersected 80.70 metres of 4.53 grams per tonne ("g/t")
    gold, including 20.40 metres of 7.83 g/t gold and including 19.95 metres
    of 6.16 g/t gold;

--  Hole C87-23 intersected 61.50 metres of 4.24 grams per tonne gold,
    including 6.70 metres of 12.11 g/t gold, and including 8.0 metres of
    5.54 g/t gold and including 11.85 metres of 5.51 g/t gold;

--  Hole C87-25 intersected 18.40 metres of 10.03 g/t gold, including 9.60
    metres of 11.81 g/t gold; and

--  Hole C87-15 intersected 12.80 metres of 10.30 g/t gold, including 5.90
    metres of 20.06 g/t gold and including 11.20 metres of 5.76 g/t gold.



David Wiley, President and CEO of Nighthawk commented, "The 1987 historic drill
results from Cass demonstrate the deposit's continuity and widths of
mineralization. We continue to analyze additional historical drill results for
the Kim and Cass deposits and anticipate reporting more results over the coming
weeks."


Historic Drilling and Results

The Cass deposit is characterized by broad zones of near surface stockwork style
gold mineralization within an elongate and vertically dipping gabbroic body.
Previously reported highlights from 1986 drilling (Figure 1; March 26, 2014 news
release) define continuous mineralization over significant core lengths within
75 metres of surface. Areas below the 1986 drilling were targeted by the 1987
drilling (Figure 2; 5,877 metres), extending mineralization over a strike length
of 360 metres and to a depth of 210 metres, thus confirming the deposit's
continuity and widths of mineralization. Drilling verifies the exploration
opportunities to depth and along strike, distinguishing Cass as a vastly
underexplored deposit type within the Indin Lake Gold Camp.


Select 1987 Cass drill intercepts (16 holes) are presented in Table 1. Composite
intersections were chosen to demonstrate the deposit's continuity of
mineralization over extensive core lengths (Figure 3). These results are
historic in nature and Nighthawk has not independently verified the results.




Table 1. Historic 1987 Drill Results from Cass                              
----------------------------------------------------------------------------
                                                            Core            
Hole ID                             From          To   Length(i)       Grade
                                                                            
                                     (m)         (m)         (m)      g/t Au
----------------------------------------------------------------------------
C87-05                            210.50      219.00        8.50        5.36
----------------------------------------------------------------------------
C87-11                            221.90      238.00       16.10        3.05
  including                       221.90      232.50       10.60        4.10
  including                       225.50      230.20        4.70        6.74
----------------------------------------------------------------------------
C87-12                            124.00      132.10        8.10        5.02
                                  164.60      168.00        3.40        3.16
                                  177.50      192.00       14.50        3.33
  including                       183.00      187.70        4.70        6.08
                                  215.45      235.70       20.25        3.39
  including                       215.45      224.90        9.45        5.18
                                  219.30      224.90        5.60        6.47
----------------------------------------------------------------------------
C87-13                            130.60      139.70        9.10        2.30
                                  204.30      210.80        6.50        2.91
----------------------------------------------------------------------------
C87-14                             79.00       88.30        9.30        3.09
----------------------------------------------------------------------------
C87-15                              2.80       15.60       12.80       10.30
  including                         6.70       12.60        5.90       20.06
                                   97.50      108.70       11.20        5.76
----------------------------------------------------------------------------
C87-16                            106.20      186.90       80.70        4.53
  including                       108.00      128.40       20.40        7.83
  including                       155.55      175.50       19.95        6.16
  including                       157.00      169.50       11.50        7.11
----------------------------------------------------------------------------
C87-19                            108.40      114.00        5.60        4.83
----------------------------------------------------------------------------
C87-21                             91.80      102.00       10.20        3.02
----------------------------------------------------------------------------
C87-22                             73.10       98.00       24.90        2.86
including                          86.40       98.00       11.60        3.85
----------------------------------------------------------------------------
C87-23                            112.10      173.60       61.50        4.24
  including                       112.10      118.80        6.70       12.11
  including                       136.60      144.60        8.00        5.54
  including                       158.80      170.65       11.85        5.51
----------------------------------------------------------------------------
C87-24                             87.40       93.30        5.90        3.77
----------------------------------------------------------------------------
C87-25                            177.60      196.00       18.40       10.03
  including                       186.40      196.00        9.60       11.81
                                  219.50      223.90        4.40        4.90
----------------------------------------------------------------------------
C87-26                            141.65      146.80        5.15        4.03
----------------------------------------------------------------------------
C87-28                             32.00       46.90       14.90        2.63
----------------------------------------------------------------------------
C87-30                             19.90       23.60        3.70        9.97
----------------------------------------------------------------------------



(i) Lengths are reported as core lengths. True widths are unknown at this time.

Cass Gold Deposit

The Cass deposit represents a higher grade open pit mining opportunity
complimentary to Nighthawk's Colomac Gold Property, which contains an Inferred
Mineral Resource estimate of 39.815 million tonnes with an average grade of 1.64
g/t gold for 2.101 million ounces gold using a cut-off grade of 0.6 g/t gold
(June 17, 2013 news release). The Kim and Cass gold deposits, which are
connected by road to Colomac located 20 kilometres to the northeast, provide
considerable exploration upside and unrealized potential to significantly grow
Nighthawk's resource base. 


In the mid 1990's, Royal Oak Mines Inc. planned to develop the Kim and Cass
deposits as open pit operations and process the ore at its Colomac Mill, however
the company closed its Colomac operation before achieving production from the
deposits. 


Figure 1. - 1986 Drill Hole Location Map at Cass (Historic Results Released
March 26, 2014): http://media3.marketwire.com/docs/nhgfig1.jpg


Figure 2. - 1987 Drill Hole Location Map at Cass (Current Release):
http://media3.marketwire.com/docs/nhgfig2.jpg


Figure 3. - Cross Section of Hole C87-16 at Cass:
http://media3.marketwire.com/docs/nhgfig3.jpg


Nighthawk Gold Corp.

Nighthawk is a Canadian-based exploration company focused on acquiring and
developing gold mineral properties in the Northwest Territories. Its primary
land position covers 229,791 acres or 930 square kilometres in the Indin Lake
Gold Camp and includes an Inferred Mineral Resource estimate of 39.815 million
tonnes with an average grade of 1.64 g/t gold for 2.101 million ounces gold
using a cut-off grade of 0.6 g/t gold.


The technical aspects of this press release have been reviewed by Michael Byron,
Ph.D., P.Geo., Chief Geologist and Director for Nighthawk, who is the "Qualified
Person" as defined by NI 43-101 for this project.


Forward-Looking Statements

Certain information set forth in this news release may contain forward-looking
statements that involve substantial known and unknown risks and uncertainties,
including, but not limited to, the timing of future drilling, the expansion of
the mineralization, and the remediation of historic reclamation sites. These
forward-looking statements are subject to numerous risks and uncertainties,
certain of which are beyond the control of Nighthawk, including, but not limited
to, the impact of general economic conditions, industry conditions, volatility
of commodity prices, risks associated with the uncertainty of exploration
results and estimates, currency fluctuations, dependency upon regulatory
approvals, the uncertainty of obtaining additional financing and exploration
risk. Readers are cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of preparation, may
prove to be imprecise and, as such, undue reliance should not be placed on
forward-looking statements. This press release is not, and is not to be
construed in any way as, an offer to buy or sell securities in the United
States.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nighthawk Gold Corp.
David Wiley
President and CEO
(647) 260-1247
(416) 363-4567 (FAX)
dwiley@nighthawkgold.com

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