Nov 1 2010
Black Hawk Exploration (OTC Bulletin Board: BHWX) announced today that with the successful completion of its financing of October 19th, 2010, it will proceed with its drill plans for an additional 37 auger sites on 5 additional dump sites at Dun Glen.
Black Hawk submitted an amendment to the existing exploration permit to add the additional drill sites and expects approval of the amended permit mid-November. Our previous drill program results announced August 30th, 2010 confirmed $580,000 in gold and silver reserves. The estimate was based on 442 ounces of gold valued at $1,200 per oz. and 2,936 ounces of silver at $18 per oz.
Black Hawk has engaged Stonehouse Construction and Drilling who completed our successful August 2010 program, to complete the expanded 37 site November 2010 project at Dun Glen.
Source: Black Hawk Exploration