Nighthawk Gold Corp

Financials:

Primary tickers: TSX:NHK, OTCQX:MIMZF
Stage of development: Exploration, Development
Primary mineral: Gold
Project to promote: Colomac Gold Project
Project location: Northwest Territories, Canada
Website: www.nighthawkgold.com

Nighthawk Gold is a Canadian-based gold exploration and development company with control of 947 sq. km. of District Scale Property located north of Yellowknife, Northwest Territories, Canada. The Company’s flagship asset is the large-scale, Colomac Gold Project. The 2023 PEA demonstrated the Project’s potential for 290,000oz/year operation over 11.2-year conceptual mine life that could generate a C$1.2 billion NPV5% and 35% IRR (after taxes) based on a US$1,600/oz gold price assumption. Nighthawk’s experienced management team, with a track record of successfully advancing projects and operating mines, is working towards rapidly advancing its assets towards a development decision.

Cash: CAD$15M
Debt: NIL

Major shareholders:
Northfield Capital – 13%
Ruffer – 7%
Franklin – 6%
Merk Investments LLC – 5%
Kinross – 4.6%
Management Ownership – 3%

Map of Projects

Management Profile

Keyvan Salehi. P.Eng. – President & CEO
Mr. Salehi has over 20 years of industry experience having held various senior roles in operations, projects, and corporate development. Prior to joining Nighthawk, Mr. Salehi served as the Vice President of Corporate Development and Technical Services with Mountain Province Diamonds, where he was responsible for providing operational and technical oversight for the Mountain Province’s jointly owned 12,000 tonnes per day diamond mine in the Northwest Territories (introducing mine optimization initiatives to increase production and reduce costs). Mr. Salehi previously served as VP of Corporate Development and Technical Services for Kirkland Lake Gold (2016-2017), where he led the Company’s due diligence team behind the $2.4B merger with Newmarket Gold. He held the same position at St. Andrew Goldfields (2013-2016), where he spearheaded the Company’s sale process culminating in the sale to Kirkland Lake Gold in 2016.

Allan Candelario, CFA – VP, Investor Relations and Corporate Development
Mr. Candelario is an accomplished and impactful investor relations, capital markets and finance professional, bringing over 15 years of progressive experience. Most recently, Mr. Candelario was the Vice President, Investor Relations at Battle North Gold Corp., a Canadian gold developer with assets in the Red Lake Gold Camp in Northern Ontario. Allan was an integral member of the executive team that completed Battle North’s successful turnaround and the sale of the company to Evolution Mining Ltd. in 2021, delivering significant value to Battle North’s shareholders. Prior to Battle North, Mr. Candelario managed the top-ranked investor relations program at Alamos Gold Inc. and worked in equity research for Canadian bank-owned and independent broker dealers. Allan holds a Bachelor of Business Administration from the Schulich School of Business (York University) in Canada and is a CFA® charterholder (CFA Institute).

What is your rationale for taking part in 121 Mining Investment?

We want to create awareness of the significant progress we have made in advancing the Colomac Main and Satellite Deposits towards a potentially robust, large-scale, open-pit gold mining operation. We want to diversify our institutional shareholder base.

What recent news would you like to highlight to investors attending?

February 9, 2023 – Nighthawk Gold Updated Mineral Resource Estimate Demonstrates Significant Boost to the Global and Open-Pit Mineral Resources

April 26, 2023: Nighthawk Gold’s Maiden PEA: C$1.2 Billion NPV5% and 35% IRR after-taxes at US$1,600/oz Gold

August 4, 2023: Nighthawk Gold Closes C$11.3 Million Bought Deal Private Placement

August 8, 2023: Nighthawk Gold Intersects 4 Ounces Per Tonne (125.00 g/t Au) over 0.50 Metres at the Cass Deposit

September 6, 2023: Nighthawk Gold Intersects 16.14 oz/t Au (502 g/t Au) over 0.50 m and 10.22 oz/t Au (318 g/t Au)over 0.40 m at the 24/27 Deposit

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Advance the Colomac Gold Project towards shovel-ready status through exploration and permitting

6 Months :
Advance the Colomac Gold Project towards shovel-ready status through exploration and permitting

12 Months:
Advance the Colomac Gold Project towards shovel-ready status through exploration and permitting

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

As a junior gold project developer, the company will need to raise capital to carry out our goals and objectives, however, with supportive shareholders and strategic partners, the Company feels financing risk is low considering our strong cash balance.

What do you think makes your company such a compelling investment?

Nighthawk offers investors exposure to a robust, large-scale, open-pit gold mining operation (Colomac Gold Project) in a safe mining jurisdiction.(NWT, Canada). Currently trades well below the average valuation of gold developers and explorers in safe mining jurisdictions at US$5 per total global resource ounce

What are the top 3 key investor takeaways?

1. Robust gold project in Canada that generates after-tax C$1.2B NPV5% and 35% IRR, with production potential of 300koz/year over 11 year mine life
2. New, young management team has significant experience in mine building and advancing development stage projects
3. Solid balance sheet