Nighthawk Gold – A discussion on the Indin Lake Gold Property, 200,000 meter drill program over 2 years, and recent $27 million financing
Keyvan Salehi, President and CEO of Nighthawk Gold (TSX:NHK – OTCQB:MIMZF) joins us for a comprehensive overview on the Company’s flagship Indin Lake Property, in Northwest Territories and the large 200,000 meter drill program planned over 2 years.
We discuss the key targets that will be tested all with the goal of building on the current resource of just over 3 million ounces of gold (2.3million indicated, 0.8million inferred). The focus is near surface ounces over 2g/t. The Company just raised $27million in a bought deal financing that will take the Company through this year’s program.
Please send any follow up questions to us at either Fleck@kereport.com. or Shad@kereport.com.
Click here to read over the Nighthawk Gold Corporate Presentation.
It appears this is another Fed “drama week”. Why don’t we just ask them to send a written report to someone, and just do an annual audit. Then have a Grand Jury for all audit results. Forget the drama. Then if we find the bullion banks or other algo manipulatora are in “collusion”, put them in jail. Enough of the alternative universe.
Gold wrestled with that very important $1813-$1814 dollar zone of which we spoke about last week. It has broken through and the impulsive move has begun. Now let’s hope these miners participate and don’t get naked shorted while gold goes up.. would really like to see the miners start to break out here to start confirming we have the low in. Brixton, Scorpio, impact need to get going all of them across the board. Let’s see if we can get some really good action here.
Upside target as discussed last week with this impulsive move for the weekly $1880$1890
It was nice to get a solid update on the very large 2 year exploration strategy and larger company vision on Nighthawk Gold from Keyvan. It will be interesting to follow along with the company as the drill assays come back from the labs.