Nighthawk Gold
Nighthawk Gold Corp. was a Toronto-based junior gold exploration company advancing the 947 km² Colomac Gold Project in Canada's Northwest Territories. It has since been combined into STLLR Gold Inc., which now operates a three-asset Canadian gold portfolio.
- Company typePublic
- Founded2004
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Nighthawk Gold does
Nighthawk Gold Corp. was a Canadian junior gold exploration company founded in 2004 and headquartered in Toronto, Ontario, focused on advancing the district-scale Indin Lake Gold Property in Canada's Northwest Territories. Its principal asset was the 947 km² Colomac Gold Project, a large-scale, high-grade open-pit gold target situated on underexplored Archean greenstone belt geology with 30+ exploration targets. The company financed exploration through a series of equity raises between 2021 and 2023, including a C$5.63 million private placement in December 2021, a C$25 million bought deal financing in April 2022 led by Sprott Capital Partners and Laurentian Bank Securities, a C$31 million bought deal financing in May 2022 that brought working capital to C$39.3 million, and a C$10.6 million private placement in July 2023. Earlier corporate activity included the February 2016 acquisition of Superior Copper Corporation.
The company was pre-revenue throughout its operating history, with no disclosed revenue from gold production or mineral sales; its commercial counterparties were institutional investors and resource-focused funds providing capital through underwritten financings rather than purchasers of physical gold. Nighthawk Gold has since been combined with STLLR Gold Inc., with the successor entity now operating a three-asset Canadian gold portfolio comprising the Tower Gold Project (Timmins, Ontario), the Colomac Gold Project (Northwest Territories), and the Hollinger Tailings Project (Timmins, Ontario). Leadership continuity is evidenced by Keyvan Salehi and Salvatore Curcio, who moved from Nighthawk into STLLR Gold executive roles alongside a broader management team drawn from Kirkland Lake Gold, Lake Shore Gold, Mountain Province Diamonds, Generation Mining, and the Government of Ontario. The combined entity reports a mineral resource estimate of 7.8Moz Au Indicated and 10.0Moz Au Inferred, with the 2025 Tower PEA highlighting an after-tax NPV5% of US$2.5 billion at US$3,200/oz gold.
Nighthawk Gold firmographics
Firmographics- Name
- Nighthawk Gold
- Legal name
- Nighthawk Gold Corp.
- Website
- https://nighthawkgold.com
- Company type
- Public
- Founded year
- 2004
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Short description
- Nighthawk Gold Corp. was a Toronto-based junior gold exploration company advancing the 947 km² Colomac Gold Project in Canada's Northwest Territories. It has since been combined into STLLR Gold Inc., which now operates a three-asset Canadian gold portfolio.
- Ownership category
- akta.pro rank
Nighthawk Gold industry classification
Industry- Product category
- Gold Mining
- NAICS
- Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
- akta.pro secondary industry
- Tailings & Water Management Engineering (TSF Design/Construction, Dams, Water Treatment) (IMAKAOAF)
Keywords
Where Nighthawk Gold is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Nighthawk Gold business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Technology or R&D, Others
Distribution channels1 record
Marketing channels2 records
Nighthawk Gold product offering
Product offeringCore offering
Nighthawk Gold Corp. was a junior gold exploration company focused on advancing district-scale gold properties in Canada. The company is now part of STLLR Gold Inc., which operates a portfolio of three gold assets: the Tower Gold Project in Timmins, Ontario, the Colomac Gold Project in Canada's Northwest Territories, and the Hollinger Tailings Project in Timmins, Ontario.
Product overview
STLLR Gold Inc. (formerly Nighthawk Gold) operates a portfolio of three gold projects: the Tower Gold Project in Timmins, Ontario (large-scale open-pit and underground), the Colomac Gold Project in the Northwest Territories (large-scale open-pit), and the Hollinger Tailings Project (near-term tailings recovery). These assets form a combined mineral resource base of 7.8Moz Au Indicated and 10.0Moz Au Inferred.
Differentiator
Problem solved
Functional benefit
Products and services
- Tower Gold Project A large-scale open-pit and underground gold project located in the Timmins Mining Camp in Ontario, Canada, hosted near the Destor-Porcupine Fault Zone. The project has projected annual production of 273,000 ounces of gold over a 19-year life of mine, with an after-tax NPV5% of US$2.5B (C$3.3B) at US$3,200/oz gold.
- Colomac Gold Project A large-scale, high-grade open-pit gold project in Canada's Northwest Territories covering 947 square kilometers of underexplored archean greenstone, with district-scale potential and 30+ exploration targets.
- Hollinger Tailings Project A tailings recovery project in Timmins, Ontario containing 50-60 million tonnes of historic mine tailings from the Hollinger Mine, with near-term cash flow potential at current gold prices and a maiden MRE of 412,000 oz @ 0.35 g/t Au Indicated.
Quantifiable outcome
- Working capital of C$39.3 million post-financing
Companies that use Nighthawk Gold
Customer profileSegments1 record
Ideal customer profiles1 record
Nighthawk Gold technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Nighthawk Gold partnerships and signals
Strategic signalScale indicators7 records
Recent moves7 records
Expansion highlights6 records
Nighthawk Gold competitors and assessment
Company assessmentDirect peers
- STLLR Gold Inc. Direct successor entity that absorbed Nighthawk Gold's assets and management. Operates the same Tower, Colomac, and Hollinger gold projects in Ontario and Northwest Territories with an identical leadership team and resource base.
- Marathon Gold Corp. Canadian junior gold developer advancing the Valentine Lake Gold Project in Newfoundland. Highly comparable as a district-scale open-pit gold project in a Tier-1 Canadian jurisdiction, with VP Exploration John McBride's prior role at Marathon Gold noted in Nighthawk's team background.
- Generation Mining Ltd. Canadian junior mining developer advancing the Marathon Palladium-Copper Project toward feasibility. Comparable as a Canadian-focused pre-production mining developer; VP Exploration John McBride previously led exploration programs there.
Broad incumbents
- Alamos Gold Inc. Intermediate gold producer with multiple operating mines in Canada and Mexico, including the Young-Davidson mine in Ontario. Comparable as a Canadian-focused gold developer/producer, and VP IR Allan Candelario previously managed investor relations at Alamos Gold.
- Agnico Eagle Mines Limited: Senior Canadian gold producer with operations across Canada including the Detour Lake and Macassa mines in Ontario. Comparable as a major Canadian gold producer in the Timmins region; VP HR Kristen Picavet supported the Kirkland Lake Gold/Agnico Eagle merger.
- IAMGOLD Corporation: Intermediate gold producer with significant Canadian and West African operations, including Côté Lake in Ontario. Comparable as a Canadian-listed gold developer/producer with similar jurisdictional focus and scale of mineral resources.
- Kirkland Lake Gold Inc. Former senior Canadian gold producer (now part of Agnico Eagle) that operated the Macassa and Detour Lake mines in Ontario. Comparable Canadian gold operator with multiple executives from Nighthawk's leadership team previously holding senior positions at Kirkland Lake Gold.
- Evolution Mining Limited: Australian-based intermediate gold producer that acquired Battle North Gold in 2021. Comparable as an established gold producer with Canadian exposure via the Red Lake operations, illustrating the M&A exit pathway for junior Canadian gold developers.
Emerging players
- Battle North Gold Corporation: Former Canadian gold developer acquired by Evolution Mining in 2021, advancing the Bateman Gold Project in Ontario's Red Lake district. Comparable as a Canadian junior gold developer that achieved an exit; VP IR Allan Candelario played a key role in Battle North's turnaround and sale.
- Mountain Province Diamonds Inc. Canadian diamond producer operating the Gahcho Kué mine in the Northwest Territories. Comparable as a junior mining company in the Northwest Territories with overlapping leadership connections (CEO and CFO both came from Mountain Province Diamonds).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Nighthawk Gold social profiles
Digital presenceNighthawk Gold financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nighthawk Gold leadership team
Management profileNumber of profiles
Profiles8 records
Nighthawk Gold funding detail
Funding detailFunding overview
Funding rounds10 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nighthawk Gold M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nighthawk Gold
What does Nighthawk Gold do?
Nighthawk Gold Corp. was a junior gold exploration company focused on advancing district-scale gold properties in Canada. The company is now part of STLLR Gold Inc., which operates a portfolio of three gold assets: the Tower Gold Project in Timmins, Ontario, the Colomac Gold Project in Canada's Northwest Territories, and the Hollinger Tailings Project in Timmins, Ontario.
Is Nighthawk Gold a public or private company?
Nighthawk Gold is a public company. It is classified as corporate owned and is currently acquired.
When was Nighthawk Gold founded?
Nighthawk Gold was founded in 2004. It employs 1 to 10 people.
Where is Nighthawk Gold based?
Nighthawk Gold is headquartered in Toronto, Canada, in the North America region.
Who are Nighthawk Gold's main competitors?
Direct peers on record are STLLR Gold Inc., Marathon Gold Corp. and Generation Mining Ltd.. Broad incumbents are Alamos Gold Inc., Agnico Eagle Mines Limited, IAMGOLD Corporation, Kirkland Lake Gold Inc. and Evolution Mining Limited. Emerging players are Battle North Gold Corporation and Mountain Province Diamonds Inc..
Does Nighthawk Gold have an API?
No public API is recorded for Nighthawk Gold.
What industry is Nighthawk Gold in?
Nighthawk Gold's product category is Gold Mining. Its primary akta.pro industry code is IMAKAEAA, Gold Mining, with a secondary code of IMAKAOAF, Tailings & Water Management Engineering (TSF Design/Construction, Dams, Water Treatment). Its NAICS code is 212220 and its SIC code is 1040.