Black Hawk Receives Positive Geophysics Report on Dun Glen Gold Reserves
FOX ISLAND, Wash., April 14 /PRNewswire-FirstCall/ — Black Hawk Exploration, Inc. (OTC Bulletin Board: BHWX) announced today its wholly owned subsidiary, Golden Black Hawk, released results of the ground magnetic survey analysis and GIS database. Well known mineral trends were found in the results, which further substantiate the need for additional gold exploration. Kevin Murphy, CEO of Black Hawk Exploration, stated, “We are highly encouraged by the findings and look forward to reporting additional results as they become available. Based on the data, we are confident there are significant gold reserves on the Dun Glen property.”
A ground magnetic survey was completed over the Dun Glen property by MaGee Geophysical LLC
- Results from the survey were as follows: the survey generated a total of 244 line kilometers of ground magnetic data using Geometrics Model G-858 magnetometers. Real-time differentially-corrected GPS were used for positioning. Measurements of the total magnetic intensity were taken in the continuous mode at two-second intervals along lines spaced 50 meters apart and oriented at east-west. A base magnetometer was operated during all periods of data acquisition and recorded readings every two seconds.
- There are two distinct textural domains in the data. First is an area of north-south oriented magnetic linears flanked to the west and south by an area of quite subdued magnetics, the second domain. Boundaries between the two domains are sharp and indicate some form of termination of the first domain against the second. This is important and a feature not addressed by earlier mining groups.
- Numerous west-northwest and northwest oriented structures cut the linear magnetic features. A number of northeast directed structures are also noted. Three groups of more prominent northwest directed structures were highlighted and termed the Black Hole, Monroe and Termination Zones. The Black Hole and Monroe Zones are so named since they extend through mines of the same name. The Termination Zone dramatically terminates the north-south linear domain. Gold anomalies appear to be controlled by northwest structures, particularly within the corridor between the Black Hole and Monroe Zones.
- Well known mineral trends are reflected in the magnetic as linear features. The most obvious being the Northern Nevada Rift, with a number of associated gold deposits (i.e. Fire Creek, Mule Canyon, Buckskin, etc.). To the west is the Kings River Rift, which passes directly through the Dun Glen property, and which also has associated gold deposits such as Sleeper, Sandman, and Goldbanks in addition to Dun Glen. The magnetic anomalies, which define the trends, are a combination of intrusive and extrusive volcanism. This volcanism exploits dilation normal to the trend, which in the area of Dun Glen leads to opening of north-south directed structures. Thus the diabase dike swarm is a manifestation of the Kings River Rift structural genesis. The relationship of gold mineralization to northwest oriented, left lateral offset is important and could well lead to new areas for exploration. This is a major feature deserving of additional geologic work.
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 ( www.BlackHawkExploration.com ) under CEO-BLOG.
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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.