Nighthawk Gold Corporation is pleased to announce the appointment of John McBride, MSc., P.Geo., as the Vice President, Exploration. The Company has outlined its fully funded 2-Year Exploration Program at its district-scale property in Northwest Territories, Canada.
What does McBride bring to Nighthawk Gold?
Keyvan Salehi, P.Eng., President & CEO commented, “We are excited to have John join the Company as our Vice President of Exploration, at a critical phase of advancement of our exploration assets in our district-scale land package in the Northwest Territories.”
“Our Company will benefit from his expertise with two robust Canadian mining projects, namely the Valentine Lake Gold Project and the Marathon Palladium-Copper Project.”
“With the update to our Mineral Resource Estimate1 along with additional cash, we believe Nighthawk is strongly positioned to advance assets towards a large-scale gold project.”
“Our fully funded 2-Year Exploration Program will focus on continuing to expand and increase confidence in the higher-grade, open-pit mineralization of deposits. Phase 1 drilling will begin on May 9th, and we look forward to updating the markets on results on a timely basis.”
What is the industry expertise of McBride?
Mr. McBride has over 15 years of expertise in advancing exploration projects in field-based geology across Canada in the exploration for precious metals, base metals and diamonds.
Most recently, John was the Exploration Manager at Generation Mining Ltd., where he led the exploration programs that were essential in advancing the Marathon Palladium-Copper Project, located in Northern Ontario, Canada, towards a definitive feasibility study.
McBride was a Senior Exploration Geologist at Marathon Gold Corp., where he managed the exploration programs for the Valentine Lake Gold Project, located in Newfoundland, Canada, resulting in the expansion of the known open-pit mineralization of the project’s deposits.
John McBride graduated from Lakehead University with a HBSc. in Geology (2007) and a MSc. in Geology (2010) and is a member in good standing with the association of Professional Geoscientists in Ontario, Northwest Territories and Nunavut.
Former Nighthawk VP of Exploration, Richard Roy, P.Geo., has resigned from the Company in pursuit of other endeavours. The Company would like to thank Richard for his contributions.
What is Nighthawk Gold’s two year exploration program?
The Company plans on completing up to 100,000 metres of drilling at its properties over the next 24 months in a phased approach. Phase 1 drilling will have the following components:
Mineral resource expansion drilling at the Colomac Centre deposits
Colomac Main, Goldcrest, Grizzly Bear, 24 and 27 Phase 1 will comprise of up to 25,000 metres of drilling to test high-grade gold zones at depth and along strike. Low-cost surface stripping will be used to identify surface mineralization along strike from the known deposits.
Mineral resource expansion drilling at the Satellite deposits
Phase 1 drilling will focus on the Kim and Cass deposits and surrounding area. Up to 15,000 metres of drilling will be targeted towards potentially expanding the known higher-grade, open-pit mineralization, focusing in areas with historical data that were sparsely drilled.
A potential Phase 2 drill program could target the higher-grade mineralization at Treasure Island and Domati deposits after further structural desktop studies.
Property scale exploration and other activities
Phase 1 will include up to 10,000 metres of drilling to test the high-grade gold targets within the Colomac Centre and new geophysical targets from the planned airborne electromagnetic survey. The survey can potentially identify conductive areas and utilize the known relationship between sulphides and gold to help lead to the potential discovery of new mineralized zones.
Field based mapping and structural analysis of mineralized veining at the Colomac Main Deposit will occur to continue to build confidence in the geological model.
The Company believes Phase 1 targets have the highest probability of delivering near-surface, higher-grade, mineral resources per metre of drilling. The results from Phase 1 drilling will inform the drill program for Phase 2. Details for the Phase 2 drilling program will be provided at a later date, following the completion of the Phase 1 drilling.