Nighthawk Provides Update on the Tlicho Highway Project
Press Release
TORONTO, ON March 11, 2021 / Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX:NHK)(OTCQX:MIMZF) is pleased to provide an update on the T???ch? Highway Project (the “TASR”, see Figure 1), a permanent 97km two-lane gravel highway on a former winter road alignment from Hwy 3, roughly 40km south of Behchoko?? – to the Community of What??, Northwest Territories, Canada.
Keyvan Salehi, President & CEO commented, “The commitment of the federal, territorial and the T???ch? Government on this infrastructure project, and their progress to date is very encouraging. Based on the anticipated timeline of construction, the road is scheduled to be completed and open to the public by the fall of this year. This new all-season road will provide the citizens of the T???cho? Nation with transportation efficiencies to reduce the cost of living within the region and foster social opportunities by linking the more remote communities such as What??. As well, this will ultimately result in better winter road access to our Indin Lake Gold Property. The continuation of an all-season road, through our property to the community of Wekweeti is a logical next step and something that we will strive to advocate for as we continue to advance our assets.”
TASR Highway Project Information & Updates
Construction of the TASR commenced in September 2019 and is scheduled to be completed and open to the public by the fall of 2021. The road construction is being funded through a public-private partnership, with the federal government providing 25% of the capital costs. The remainder is being funded by the Government of the Northwest Territories, who are working in partnership with the T???cho? Government to advance the project.
Construction milestones achieved prior to the winter break are outlined below:
- 97 kilometres of right-of-way clearing and embankment construction completed; and
- 48 bridge piles installed, and 3 out of 4 bridges competed (construction of La Martre, Unnamed, and Duport Bridges completed, with work on the James Creek Bridge to conclude this year).
Construction activities to resume in spring 2021.
For more information on the TASR project, please visit their website at https://www.inf.gov.nt.ca/en/TlichoHighway.
Figure 1. TASR Highway Project and relative location to the Indin Lake Gold Property
About Nighthawk
Nighthawk is a Canadian-based gold exploration company with 100% ownership of a district-scale land position within the Indin Lake Greenstone Belt, located approximately 200km north of Yellowknife, Northwest Territories, Canada. Within this largely underexplored Archean gold camp, the Company has identified a number of high-priority targets all centered around a growing multi-million-ounce deposit. These targets lie within large regional deformation zones that are pregnant with gold mineralization and are known to host significant deposits which warrant additional exploration and follow-up. The main goals and objectives over the next 12-24 months will be to carry out aggressive exploration to support resource expansion opportunities as well as to foster new, near-surface discoveries that support the global resource base.
The Company has an experienced and dedicated team with a track record of successfully advancing projects and is well funded and supported to complete its goals and objectives.
FOR FURTHER INFORMATION PLEASE CONTACT:
NIGHTHAWK GOLD CORP.
Tel: 1-647-794-4313; Email: info@nighthawkgold.com
Website: www.nighthawkgold.com
NT5
