Black Hawk Exploration's Wholly Owned Subsidiary Blue Lithium Energy Engages Boart Longyear for Clayton Valley Lithium Drill Program
FOX ISLAND, Wash., Feb. 18 /PRNewswire-FirstCall/ -- Black Hawk Exploration, Inc. (OTC Bulletin Board: BHWX) wholly owned subsidiary, Blue Lithium Energy Corp. announced today that it has engaged Boart Longyear Limited (Boart) to commence its Clayton Valley Lithium drill program. Drilling will begin within the next two weeks. Blue Lithium previously received an affirmative decision from the United States Department of Interior, Bureau of Land Management (BLM), Tonopah, Nevada for its Clayton Valley, Nye County lithium exploration. A financial guarantee Bond was required and has been submitted and accepted by the BLM, Branch of Minerals Adjudication to warranty complete reclamation of any environmental disturbance to the drill area and keep within Black Hawk Exploration's corporate "Green Policy." The Bureau of Land Management determination notice will remain in effect for 2 years from the date of the Blue Lithium Energy approval decision. The original Notice of Drill Exploration was filed by Blue Lithium Energy November 25th, 2009 and the engagement of Boart Longyear will allow Management to fast track its drill program and confirm the Lithium brine levels at our Clayton Valley, Nevada claims.
ABOUT BOART LONGYEAR
Boart Longyear delivers the most effective drilling solutions in the widest variety of drilling applications and provides industry-leading expertise to its customers around the world. Their drilling Services includes experience in proven drilling methods such as reverse circulation, sonic, percussive, underground and surface coring. Always leading the way, Boart teams are constantly developing tomorrow's solutions and applying emerging technologies to the services they provide their customers. Boart Longyear is known for taking on the most difficult drilling projects and executing them with a safe and effective solution. Boart's experienced drillers operate in the most difficult environments while still maintaining excellence in safety and productivity. Visit www.boartlongyear.com/
About Clayton Valley
On September 30th, 2009 Black Hawk announced its Clayton Valley, Nevada, 56 claim, 1120 acre acquisition located in the Lithium brine rich Clayton Valley, Nevada. Clayton Valley is the home of the largest and only Lithium brine production facility in the United States. The plant (Chemetall Foote) has been in production since 1967. The plant is designed to produce 1.2 million Kg of Lithium per year and has produced an estimated 50 million Kg of Lithium to date. Black Hawk's Blue Lithium Energy subsidiary's claims are located in close proximity to the Chemetall Foote Mining facility. The American Institute of Mining estimates the Lithium resources of the Clayton Valley to be 750,000,000 Kg. Clayton Valley Lithium brine deposits are found at depths of a few hundred meters and can be extracted in an environmentally friendly manner. Lithium is a key element used in the development of the Electric Car battery power source.
About Black Hawk Exploration, Inc.:
Black Hawk is a diversified metals and energy exploration company with its current focus on Llithium exploration through its wholly owned subsidiary Blue Lithium Energy Corp and Gold discovery through its wholly owned Golden Black Hawk Inc's 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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