Nighthawk Gold Corp. (“Nighthawk” or the “Company”) is pleased to announce the filing of a technical report for the preliminary economic assessment (“PEA”) for the Colomac Gold Project (the “Project”), with an effective date of April 26, 2023 (the “PEA Technical Report”). A copy of the PEA Technical Report is available on www.sedar.com or on the Company’s website www.nighthawkgold.com
The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability
Technical Report and Qualified Persons
The PEA Technical Report was prepared in accordance with NI 43-101 is filed on SEDAR (www.sedar.com). Readers are encouraged to read the PEA Technical Report in its entirety, including all qualifications, assumptions and exclusions that relate to the PEA, and sections should not be read or relied upon out of context.
Scientific and technical information related to the PEA has been reviewed and verified by:
- Tommaso Roberto Raponi, P. Eng, Ausenco Engineering Canada Inc., Metallurgy Recovery Methods, and Process Infrastructure
- Jonathan Cooper, P. Eng, Ausenco Engineering Canada Inc., Water Resources
- James Millard, P.Geo, Ausenco Engineering Canada Inc., Environmental studies and Permitting
- Aleksander Spasojevic, P. Eng, Ausenco Engineering Canada Inc. Project Infrastructure – Tailings Management Facility Design
- Marc Schulte, P. Eng, Moose Mountain Technical Services, Mine Planning
- Marina Iund, P. Geo, InnovExplo, 2023 MRE1
- Carl Pelletier, P. Geo, InnovExplo, 2023 MRE1
- Simon Boudreau, P. Eng, InnovExplo, 2023 MRE1
These persons have the ability and authority to verify the authenticity and validity of this data and are independent from the Company.
John McBride, MSc., P.Geo., VP Exploration of Nighthawk, is a “Qualified Person” as defined by NI 43-101 for this Project, has reviewed and approved of the scientific and technical disclosure contained in this news release.