Black Hawk Mines Blog : LIVEJOURNAL - Blackhawk Mines B06N - Bulletin Group
Posted in the Business News Forum
Since: Nov 12
#1 Dec 30, 2012
Blackhawk Mines Corp. announces Big Bear Joint Venture Funding and Initiation of Field Program
September 11th, 10:35
OCALA, FLORIDA – AUGUST 4, 2011 (IMMEDIATE RELEASE)– Blackhawk Mines Corp., B06N.F, WKN
Number - A1H52M, ISIN Number - CA08265A1003, website - www.blackhawkmines.com is pleased to
announce that the company has advanced the initial payment for the initiation of a work program on
the Big Bear Mining Claims.
This is the initial payment of a $10,000,000 Joint Venture entered by the two companies with the goal of
proving the indicated gold resources on the Big Bear claims and if warranted, developing the Big Bear
property to possible production. Siga’s work program and the beginning of evaluation of the project are
underway as of Aug 3, 2011.
The work program will consist of extensive mapping of existing trenches, outcrop, oxidized zones and
other previous workings including drill sites. Geochem sampling of large areas of the claim group along
with sampling of all pits and trenches will be conforming with previous mapped and sampled areas
which returned assays of greater than .01 oz/ton gold in the soil geochem. These areas of greater than
.01 oz/ton gold covered a large area of the claim group and give rise to the anticipated total indicated
contained ounces of gold which could range from 1 to 2 million ounces.
The Big Bear project is currently controlled under an agreement to acquire 100 percent of the property.
Since: Nov 12
#2 Dec 30, 2012
I wonder if this really work but I'm kinda wary of trying this.
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