CORPORATE UPDATE: Black Hawk Exploration Advances Preliminary Feasibility Study

FOX ISLAND, Wash., Nov. 15, 2010 /PRNewswire/ -- Black Hawk Exploration (OTC Bulletin Board: BHWX)

To our Shareholders, Friends and the followers of Black Hawk Exploration, I want first to wish you the best in the coming Holiday Season. We hope the next 2 months will continue to bring you the best of health, an abundance of personal and financial wealth and unlimited happiness as you celebrate the march into 2011 and we prepare Black Hawk Exploration for our Plan 2011 rollout.

It is Managements plan to keep you well informed of the steps we are taking to build Black Hawk's shareholder value by distributing substantive and accurate information. When we make an honest error we must clarify and correct it immediately. Black Hawk does not have a technical reserve report as stated, what we have, as defined, is a Measured Mineral Resource report substantiated by all our previous analysis over the last year and the current auger drill program results which we announced August 30th, 2010 and the assays provided by ALS, Inc.  The 'Measured Mineral Resource' was calculated from the work completed by Black Hawk during that program.  The auger results and surface measurements allowed us to determine the quantity, grade, shape, and physical characteristics of the dumps so that we could begin to apply the appropriate technical and economic parameters that support production planning and a comprehensive evaluation of the total economic viability of the dump processing project. Completion of approximately, 37 holes at 6 sites with 300 to 400 samples in the auger drilling during the next week will enable Black Hawk to further advance the Preliminary Feasibility Study. This Study, upon completion, will include information on removing, processing, transporting, along with any other relevant economic factors necessary to determine the economic viability of mining the dumps and issuing our Reserve Report. A program to remove 30,000 tons is more profitable than going through the process to move only the 3,700 tons evaluated so far, and may improve the Company's bottom line. We are engaging an independent 3rd party to prepare our Plan Of Operation (POO) for submission to the Bureau of Land Management which once approved will allow Black Hawk to remove the dumps that we have determined to be economically viable. I apologize for the premature use of the "reserve report" term.  As the CEO of Black Hawk Exploration, the accuracy of information distributed on behalf of the Company is my responsibility.

Further to our Press Release of November 11th, 2010, I'd like to take a second and clarify a point and reaffirm and expand what I stated in that release. As the Chief Executive Officer of Black Hawk Exploration and its 2 subsidiaries supported by the assistance of a great group of professionals, the final responsibility for building our Company still lies with me. What I am not is a Financial Advisor and I was not advising investors on the acquisition of Black Hawk shares. Investors must make their own decision on any investment in conjunction with advice from licensed Stock Brokers or Financial Advisors.

Kevin M Murphy – CEO

Black Hawk Exploration, Blue Lithium Energy, Golden Black Hawk

About Black Hawk Exploration

Black Hawk is a diversified metals and energy exploration company with its current focus on lithium, gold and silver discovery through its Clayton Valley and Dun Glen holdings. Black Hawk is committed to an aggressive program of value added property acquisition, project generation, asset diversity and building shareholder value.

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, among other things, the Plan 2011 rollout, the completion of 37 holes at 6 sites with 300 to 400 samples in auger drilling, the advancement of a Preliminary Feasibility Study and what that study will contain, the engagement of a 3rd party to prepare a plan of operations and the ability to remove economically viable dumps of resource material.

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. We are not in control of metals prices and these could vary to make development uneconomic. 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