Nighthawk Gold Provides an Update on the Wildfires in the Northwest Territories

Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) reports that the Colomac Gold Project camp site remains secured and unaffected by the wildfires that are currently impacting areas in Northwest Territories, Canada, including the city of Yellowknife. Exploration drilling at the 24/27 Deposit was completed in mid-July and the camp was subsequently closed and shut down for the upcoming fall and winter season. There are currently no personnel at the camp site, and they are 100% safe.

Nighthawk President & CEO Keyvan Salehi commented, “Many areas of the Northwest Territories have been severely impacted by the wildfires, including our neighbouring communities and the city of Yellowknife. Currently, the Colomac Gold Project camp site is closed, secured, and unaffected by the wildfires and there are no personnel at our site. We continue to monitor the situation and we will update the markets if there are any changes. Our thoughts are with the people of NWT and the communities impacted. Our team will aim to provide any support needed. We hope for an immediate resolution to the ongoing wildfires.”

About Nighthawk Gold Corp.

Nighthawk is a Canadian-based gold exploration and development company with control of 947 km² of District Scale Property located 200 km north of Yellowknife, Northwest Territories, Canada. The Company’s flagship asset is the large-scale Colomac Gold Project. The Project 2023 PEA¹ demonstrates the potential for 290,000oz/year operation over 11.2-year conceptual mine life that could generate a C$1.2 billion NPV_5% 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.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, information with respect to the Company’s Mineral Resource Estimates, PEA and the potential extractability of the open pit and underground mineralization, the potential expansion of Mineral Resource Estimates, the potential for the economics of the Project to be realized and to improve, the potential for higher-grade assay results, the potential of the Project to be developed, the large-scale and robust nature of the Project PEA, the advancement of the PEA towards a higher-level economic study, the continued exploration and drilling initiatives and having the necessary funding required to complete these initiatives, the prospectivity of exploration targets, the potential economic viability of the assets, the advancement of projects towards a development decision, and the secure and unaffected status of the Project camp site. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “add” or “additional”, “advancing”, “anticipates” or “does not anticipate”, “appears”, “believes”, “can be”, “conceptual”, “confidence”, “continue”, “convert” or “conversion”, “deliver”, “demonstrating”, “estimates”, “encouraging”, “expand” or “expanding” or “expansion”, “expect” or “expectations”, “forecasts”, “forward”, “goal”, “improves”, “increase”, “intends”, “justification”, “plans”, “potential” or “potentially”, “promise”, “prospective”, “prioritize”, “reflects”, “scheduled”, “suggesting”, “support”, “updating”, “upside”, “will be” or “will consider”, “work towards”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur”, or “be achieved”.