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Black Hawk Exploration Incorporates Wholly Owned Gold Exploration Subsidiary 'Golden Black Hawk'
FOX ISLAND, Wash., Dec. 7 /PRNewswire-FirstCall/ -- Black Hawk Exploration (OTC Bulletin Board: BHWX) incorporates wholly owned Gold Exploration subsidiary "Golden Black Hawk". Black Hawk Exploration is a diversified energy and metals exploration company focused on identifying, acquiring and exploring strategic high value properties and developing new prospective projects globally. Further to its previous announcement in late September 2009 Black Hawk Exploration will continue to establish wholly owned corporate identities in multiple strategic minerals, high value commodities, and rare earth projects. "The incorporation of Golden Black Hawk expands on our 2010 diversification strategy as we continue to develop our current Blue Lithium drill program," stated Kevin M. Murphy CEO of Black Hawk.
The first action by BHWX was the formation of the wholly owned Blue Lithium Energy and subsequent acquisition of 56 Lithium claims in Clayton Valley Nevada, home of the Chemetall-Foote lithium mine which has been in successful production for over 45 years. Black Hawks Blue Lithium property acquisition is strategically based in this high value Clayton Valley region. Blue Lithium Energy will continue to advance its Clayton Valley lithium project and seek additional strategic lithium prospects in the United States and Canada with plans for future global expansion.
Black Hawk Explorations incorporation of its wholly owned gold and silver exploration subsidiary, Golden Black Hawk is its first step to establish a significant presence in the exploration and mining of these valuable minerals.
About Black Hawk Exploration, Inc.
Black Hawk is a diversified metals and energy exploration company whose 2010 focus is our continued development of our Clayton Valley Lithium project through its wholly owned subsidiary Blue Lithium Energy and the diversification of Black Hawk through its newly formed Golden Black Hawk venture. Black Hawk Exploration, Inc is committed to an aggressive program of value added property acquisition, project generation and asset diversity to build Shareholder value.
"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.
Compensation Disclaimer: Waning Consulting Corp has been compensated the equivalent of $54,000 for its work with Black Hawk. 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
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