Scottsdale, Arizona 6/29/2010 12:50:54 AM
News / Business

Black Hawk Exploration, Inc. (BHWX.OB) Sends Out New Gold and Silver Samples from Dun Glen Site

QualityStocks would like to highlight Black Hawk Exploration, Inc. (OTCBB: BHWX). Black Hawk Exploration is a diversified metals and energy exploration company with its current focus on gold and silver discovery through its Dun Glen holdings. Black Hawk is committed to an aggressive program of value added property acquisition, project generation, asset diversity and building shareholder value.

 

In the company’s news today,

 

Black Hawk Exploration, Inc. announced that wholly owned subsidiary Golden Black Hawk sent some more samples (from gold-bearing material collected at the Dun Glen Gold Project) off to ALS Chemex’ Laboratory Group’s Mineral Division for independent analysis.

 

ALS Chemex will employ its typical battery of analytical techniques to the samples, with special attention to the presence of coarse gold, and should have the results out for study within 10 days.

 

The target zones being analyzed for gold and silver mineralization are the Auld Lang Syne, Black Hole, and the Monroe. Phase 2 of exploration will be initialized with the auger drilling for a series of samples at these sites around July 12th of this year.

Projections for the three sites at the Dun Glen Gold Project in Pershing County, Nevada indicate roughly 50k tons of material showing significant gold and silver mineralization.

 

CEO of BHWX, Kevin M. Murphy, related that this issuance of samples for testing signals the start of the Phase 2 program to “delineate gold and silver reserves at Dun Glen”, and is consistent with the Company’s stated objective of making BHWX a contender in the gold and silver production sector.

 

Mr. Murphy went on to note the presence of management, as well as the Company’s trusted consulting agent, Hunsaker, Inc., at Dun Glen for Phase 2, forecasting that testing results will validate his belief that this will be a major historical landmark for the Company and its shareholders.

 

Murphy cited existing data, which indicates values ranging up to 4.77 Ounces Per Ton (opt) gold concentrations as sufficient basis for this belief, and cited the base average concentrations as solid evidence of the overall mineralization profile at the site:

 

• Auld Lang Syne, 0.015 opt

• Black Hole, 0.23 opt

• Monroe 0.04 opt

 

The Black Hole in particular shows interesting hits, with 18 of 87 samples well over the average and four samples well above this (0.83, 1.86, 4.27, and 4.77 opt).

 

Black Hawk Exploration also has roots in Nevada’s Lithium-rich Clayton Valley and is working hard to develop its footprint in this rapidly growing commodity.

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.