TORONTO, ONTARIO -- (Marketwired) -- 12/29/15 -- Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX VENTURE: NHK) announces today that it has decided to allow its option to acquire the Kim and Cass properties, which include 4 contiguous mining leases adjacent to the Company's existing property in the Northwest Territories, to expire in accordance with the terms of the option agreement. By allowing the option on the Kim and Cass properties to expire, Nighthawk will preserve its cash resources and continue to focus on further exploration activities on its Indin Lake Gold Property.
Nighthawk Gold Corp.
Nighthawk is a Canadian-based exploration company focused on acquiring and developing gold mineral properties in the Northwest Territories, Canada. Its land position covers 222,203 acres or about 900 square kilometres in the Indin Lake Gold Camp, located approximately 220 kilometres north of Yellowknife, Northwest Territories.
For more information about the Company, please visit www.nighthawkgold.com.
Neither the 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 news release.
Contacts:
Nighthawk Gold Corp.
Dr. Michael Byron
President & CEO, Chief Geologist
(416) 628-5940
(416) 628-5911 (FAX)
mbyron@nighthawkgold.com
www.nighthawkgold.com