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June 17th,2010 CEO Blog Update
I hope you've all read the Press Release earlier this week and the one available currently.If not here they are slightly amended to fit.
Black Hawk Exploration to Release ”Summary Report with Recommendations for Dun Glen Project”
Fox Island, WA, June 17th, 2010 -- Black Hawk Exploration, Inc. (BHWX, OTCBB), announced today that its will release the summary report with recommendations for Dun Glen Project prepared for management. The report is a compilation of the extensive analytical data prepared to value the potential of Black Hawk Exploration’s wholly owned subsidiary, Golden Black Hawk, gold and silver project in Pershing County Nevada. Management has made this extensive Dun Glen gold document available to shareholders, friends and the market. “The Report is 29 pages and a “MUST READ” for any investor or potential investor doing proper due diligence. “The report supports our thesis that the future of Black Hawk is very bright and lined with Gold.”, stated Kevin M Murphy.
The Dun Glen Gold Report prepared by Hunsaker, Inc. is fully inclusive and contains Introduction, Alteration, Geology, and Vein as reflected by three prospective vein targets which occur over a 12,000 foot long corridor. The report includes geochemistry on rocks and soils as well as geophysics, ground magnetics and drilling. Gold mineralization and targets are defined and exploration recommendation which include surface mineralization valuations, geology valuations and drill targeting and drill program specifics. A budget for this program is also inclusive in the report. Over 16 reference maps and photos supplemented by a sample geochemical summary has also been made available within the report.
Due to the extensive size and volume of information available in the report, it is ONLY AVAILABLE via electronic format. If you wish to receive a copy of the Dun Glen Gold Report, please email me directly at CEO@BlackHawkExploration.com and request it be sent to your email address and any other parties email address you feel may wish to receive a Copy.
NOTE:If you are currently on the Black Hawk Website go to our Contact page and request it directly.
Black Hawk Exploration Receives Notice of Acceptance of Environmental Bond Financial Guarantee for Phase 2 Dun Glen Gold Drilling Exploration
Fox Island, WA, June 15th, 2010 -- Black Hawk Exploration, Inc. (BHWX, OTCBB), announced today that the Company has received notice from the State of Nevada, Nevada Division of Minerals that their Environmental Bond financial guarantee is in place and been accepted. The Bond Notice has been sent to the U.S. Bureau of Land Management (BLM). Golden Black Hawk, the wholly owned subsidiary of BHWX expects to have a response within the next week from the BLM permitting them to move drilling equipment onto the Dun Glen Gold property. “…This has been an exciting time for Black Hawk as the Company laid the ground work for our full exploration of Gold and Silver deposits at Dun Glen. The final scheduling of equipment and personnel has commenced to coincide with the expected BLM approval. Management believes that the recoverable Gold and Silver from the surface mineralization alone could range from $4 to $6 million dollars.” Stated CEO, Kevin M Murphy.
Funding for Phase 2 of the Dun Glen Gold exploration program was made available from the financing announced May 15th, 2010. The Company currently has sufficient capital to cover all aspects of this stage of the Dun Glen development. To date Black Hawk has requested and received 3 tranches of $200,000 each totaling $600,000 under this agreement.
Kevin Murphy, CEO of Black Hawk stated, “We are pleased to have an Institutional Partner who has provided the necessary funding to to bring us to this stage of our drilling program. As stated in previous release’s, the drilling area has gold concentrations as high as 4.8 Oz. per ton at the surface and hosts 3 mines, the Auld Ang Syne, Black Hole and Monroes developed in the 1930 – 1940’s. None of these mines reached depths deeper than 260 feet due to the lack of sophisticated exploration technology available to Black hawk Exploration today. Over 50,000 oz. of gold were removed from these shallow mining operations.
Kevin M Murphy – CEO
Black Hawk Exploration, Inc
BHWX.OB
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