Black Hawk Exploration Commences Exploration Programs for Dun Glen Gold and Silver Properties
FOX ISLAND, Wash., April 12 /PRNewswire-FirstCall/ -- Black Hawk Exploration, Inc. (OTC Bulletin Board: BHWX) announced today, through its wholly owned subsidiary Golden Black Hawk, exploration plans for the spring and summer of 2010 on its Gold and Silver Dun Glen properties in Pershing County, Nevada. A budget of $1,200,000 has been allocated to the Dun Glen Mining claims for its surface mineral reclamation and processing and its 10-hole core drill program. Preparations for these programs are underway including permitting, additional geological evaluation of progress and results to date, establishment of additional sampling and drilling targets, and securing geological field staff and equipment for the startup in May of this year.
Golden Black Hawk has targeted 100,000 tons of surface mineral ore for analysis in Phase 1, which is currently under permit application. Target locations are based on the completed preliminary surface sampling of three of our eight historic dumps with significant size on the Dun Glen claim block. Cumulatively, the three dumps examined contain up to approximately 50,000 plus tons of material and 100,000 tons total with inclusion of all 8 dumps. A total of 285 samples were collected with values as high as 4.77 opt (ounces per ton) gold. Surface sampling was done in a representative fashion across a broad area of the claims.
Each of the three target dumps had an overall average as follows:
-Auld Lang Syne Dump - 0.015 opt gold
-Black Hole Dump - 0.23 opt gold
-Monroe Dump - 0.04 opt gold
The sampling on the Black Hole and Monroe dumps had areas on the dumps with numerous values higher than 0.2 opt gold. The Black Hole in particular had 18 out of 87 samples greater than 0.2 opt gold and four samples greater than 0.8 opt gold (0.83, 1.86, 4.27, and 4.77 opt gold) all from random regular interval surface samples.
Golden Black Hawk's field review and evaluation of the results strongly suggest that the surface grades and potential tonnage are significant enough to warrant evaluating the total value of the dumps in more detail and to extend the evaluation to the remaining five dumps. Permitting activities began on April 1st, 2010 and onsite dump trenching of the Dun Glen property will begin within 4 weeks, weather permitting. Analysis of the samples will be available within 10 days to 2 weeks of completion. Testing will consist of conventional geochemical analysis as well as coarse gold analysis. Additionally on site testing will be through small sample hand panning and metal detection processes. "The startup of the 2010 Spring and Summer exploration program is ahead of our projected schedule and marks another key milestone achieved for the Company," stated Kevin M Murphy, CEO and Director of Black Hawk. Mr. Murphy provides an open commentary on the Black Hawk Exploration website ( www.BlackHawkExploration.com ) under CEO-BLOG.
About Black Hawk Exploration, Inc.:
Black Hawk is a diversified metals and energy exploration company with its current focus on lithium exploration through its wholly owned subsidiary Blue Lithium Energy and Gold discovery through its wholly owned Golden Black Hawk, Dun Glen holdings. Black Hawk is committed to an aggressive program of value added property acquisition, project generation, asset diversity and building Shareholder value.
"Safe Harbor" Statement:
Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995.
Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by Black Hawk (the "Company"), as well as those contained herein, that are not historical facts are "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934 and, because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
SOURCE Black Hawk Exploration, Inc.
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