FOX ISLAND, Wash., April 16 /PRNewswire-FirstCall/ -- Black Hawk Exploration, Inc. (BULLETIN BOARD: BHWX) announced today that the Dun Glen estimate of the overall target zones have been increased and announces the results of Clayton Valley BMP1 exploration.
Golden Black Hawks Dun Glen Gold Exploration Program.
As a result of the positive Geophysics Report on Dun Glen Gold by Wright Geophysics and the continued analysis by Black Hawk's Geologist available today, current estimates of the overall target zones have been increased. Golden Black Hawk is pleased to say that the size potential of the surface and underground gold targets are larger than were originally anticipated by management. Permitting at Dun Glen Gold is in progress and has been filed with the U.S. Bureau of Land Management. Upon receipt of permits, exploratory contracts will be signed and equipment will be moved on site to begin surface mineralization trench sampling.
Blue Lithium Energy Receives Results from BMP1.
Analytical results were received from ALS Chemex for the samples submitted from Clayton Valley drill hole BMP-1. The results indicate the fluids were saline and contained lithium. Samples were collected every 20 feet beginning at 100 feet and continuing to the bottom of the hole at 520 feet. Five duplicate samples were included for quality assurance and control purposes.
The maximum lithium value returned was 23.4 mg/L at the 360 foot interval. Lithium values ranged from 7.9 to 23.4 mg/L. Lithium was registered over a 420 foot interval sampled and averaged 20.2 mg/L. The hole was completed to 520 feet and terminated in basement rock. The lack of well-defined aquifers in BMP-1 and the intersection of the basin bedrock at such a shallow depth suggests that a high point on the basin topography exists under the claims and the area drill-tested is unlikely to contain economic lithium bearing brines as required by Blue Lithium's standard. "...even though we encountered lithium, the levels of lithium brine in BMP1 were disappointing for management and our shareholders. This won't slow us down as we are still 100% committed to an aggressive lithium program, and in the meantime we will concentrate on our Dun Glen exploration," stated CEO Kevin M Murphy.
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. Kevin M Murphy, CEO and Director of Black Hawk provides an open commentary on the Black Hawk Exploration website ( http://www.blackhawkexploration.com/ ) under CEO-BLOG
"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.
Black Hawk Exploration, Inc.
CONTACT: Kevin M. Murphy, CEO of Black Hawk Exploration,
CEO@BlackHawkExploration.com; or Shareholder Inquiries, Ross Silver,
+1-877-215-4813, info@vistap.com, for Black Hawk Exploration, Inc.
Web Site: http://www.blackhawkexploration.com/
