Black Hawk Announces Over $1,000,000 Results

FOX ISLAND, Wash., Jan. 5, 2011 /PRNewswire/ -- Black Hawk Exploration (BHWX), is pleased to announce that estimated gross revenues for Phase 1 and 2 exceed $1,000,000. Thirty-nine auger holes (DGA-8 to 46) and two trench sites (DGDT-1 to 13) were completed during the week of November 15 to 19, 2010 to sample and evaluate the Monroe (Golden Bell Dump), Gold Bug, and Auld Lang Syne (ALS Upper and ALS Lower dumps) areas of the Dun Glen Project, Pershing County Nevada. Seven Phase 1 auger holes (DGA-1 to 7) were completed in August 2010 to evaluate the North and South Monroe dumps with assay results indicating 445 ounces of gold and 2,927 ounces of silver.

Black Hawk will be identifying and evaluating potential toll mills to process the Dun Glen ore as we advance the Plan of Operation (POO) with a plan of work outlined by JBR Environmental Consultants. Black Hawk's management team and JBR have scheduled a pre-scoping planning session with the Winnemucca Field Office of the US Bureau of Land Management to help "fast-track" this process. A Phase 3 Testing of Black Hole and Monroe Creek Dumps will begin as soon as weather permits. The additional dumps will be included in the Plan of Operation permit application.

"We hope to double our estimates with the inclusion of the Black Hole and Monroe Creek tonnage.  Grab samples collected previously returned assays of up to 1.875 opt gold. The sampling of the Dun Glen dumps demonstrates that the project contains dumps that can be moved successfully. The Black Hole showed very high valuations and is the largest of the dumps in tonnage .The potential Black Hole valuation could add $1,300,000 to the preprocessing valuation," stated Kevin M. Murphy, CEO of Black Hawk.  

During both phases (1 and 2) of the Dun Glen auger sampling program, a total of 57 separate backhoe and auger holes were collected to sample six dumps.  Out of the 57 sites seven of them contained greater than 0.1 opt gold, with a maximum of  0.28 opt gold.  As shown on the table gold intervals that are greater than 0.1 opt were returned for holes in the Gold Bug, Monroe North, and Upper ALS dumps.

Gold intervals - greater than 0.1 opt

About Black Hawk Exploration

Black Hawk is a diversified metals and energy exploration company. Black Hawk will pursue an aggressive program of value added property acquisition, project generation, asset diversity and building shareholder value. Visit www.BlackHawkExploration.com and review all our current Press Releases and our CEO BLOG.

Notice Regarding Forward-Looking Statements This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include any reference to future plans and developments. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

SOURCE Black Hawk Exploration