Toronto,
August 13, 2008 - Hawk
Uranium Inc. (TSX Venture Exchange: HUI.V) (FRANKFURT: HPM)
("Hawk") is pleased to announce additional surface sampling
results from the Gold Mineralized Soocana Vein System and from the Black
Sands Zone on its wholly-owned Holdsworth Gold Property, Hawk Junction-Wawa
Area, Northern Ontario.
�
Hawk engaged Orbit-Garant
Drilling Inc., (Val-D’Or, Quebec) who has completed in excess of 3,000m
of NQ size core drilling on the Holdsworth Gold Property.� All but
one of 22 holes drilled to date have intersected what is believed to be the
Soocana Vein System. The hole that did not intersect the vein is being
deepened as it is believed that it did not reach its target depth.�
Drilling and core logging is continuing and results are pending from core
samples delivered to the assay lab.� Those results will be disclosed
by Hawk when they are available.
�
Hawk had previously announced
the extension of the Soocana Vein from 300m to 750m based on sample results
from � nine (9) chip surface samples (see News Release
08-07-14).� Additional Gold and Silver results from surface chip
sampling of the Soocana Vein (including the 9 previous results) and assays
from 4kg chip samples taken over a 100 strike length across the Black Sand
zone are reported below.
�
Final Metallic Sieve Gold
Analysis and Aqua Regia Extraction – ICP/OES Silver geochem analysis is
from the Thunder Bay and Ancaster, Ontario facilities of Activation
Laboratories Ltd. (Actlabs), an independent laboratory based in Canada that
is an ISO/IEC 17025 with CAN-P-1579 registered laboratory.� The assay
results are:
�
�
SOOCANA VEIN:
�
Sample
#
|
Au
g/mt
|
Ag
ppm**
|
Location
|
Sample
Length
|
20369*
20370*
20405
20406*
20411*
20412
20421
20429
20432
20434
20435
20447*
20448*
20450*
20451*
20452
20453
20454
20461
|
�
1.08
�
7.52
7.78
�
5.59
10.00
13.40
2.46
10.10
1.10
1.46
2.83
42.50
�
6.15
�
1.20
�
1.46
�
3.18
2.80
16.50
15.9
|
2.8
2.4
3.2
0.3
0.8
5.3
<0.2
<0.2
<0.2
0.6
0.3
19.00
6.1
0.3
1.7
83.1
9.6
9.1
3.9
|
L804+00E:
331+310N
L804+00E:
331+310N
L797+96E:331+356N
L797+95E:
331+352N
L797+90E:
331+352N
L797+74E:331+344N
L797+57E:331+343N
L797+39E:331+347N
L797+33E:331+354N
L797+24E:331+352N
L797+25E:331+347N
L798+05E:
331+357N
L798+09E:
331+355N
L798+12E:
331+353N
L798+14E:
331+351N
L798+20E:
331+350N
L798+22E:331+349N
L798+26E:331+348N
L798+44E:331+353N
|
0.6m
1.0m
1.2m
2.0m
2.0m
0.9m
1.2m
1.1m
0.6m
1.3m
1.2m
4.0m
3.0m
3.0m
3.0m
7.0m
3.8m
2.0m
1.7m
|
*Denotes previously released gold results
**1ppm = 1g/t
�
�
�
BLACK SAND ZONE:
�
Sample
#
|
Au
g/mt
|
Ag
ppm**
|
Location
|
Sample
Weight
|
20333
20334
20359
20360
20361
20362
20363
20364
20365
|
1.90�
0.42
1.12
0.22
1.19
5.02
4.16
0.34
5.62
|
7.1
13.4
24.3
25.5
35.9
45.5
28.2
13.3
44.6
|
L800+05E:331+480N
L800+10E:331+480N
L801+00E:331+460N
L801+00E:331+465N
L801+00E:331+470N
L800+11E:331+475N
L800+11E:331+475N
L801+00E:331+475N
L801+00E:331+475N
|
4kg
4kg
4kg
4kg
4kg
4kg
4kg
4kg
4kg
|
**1ppm = 1g/t
�
These samples were regular
chip samples of material across the width of the vein at each
location.�
�
The Holdsworth Property has
the potential to host Gold and Silver mineralization within three (3)
distinct geological environments namely:
1.� � � �
lode Gold in traditional quartz veins – “The Soocana
Vein”,
2.� � � �
An oxidized cap at surface developed over a massive pyrite
zone (Algoma Iron Formation) – “The Black Sands”, and
3.� � � �
The precursor to the black sands - a massive pyrite zone
(Algoma Iron Formation) at depths – “The Massive Sulphide”.
�
All three Gold & Silver
prospects occur within Archean aged mafic to intermediate metavolcanic
rocks of the Michipicoten Greenstone Belt.
�
The samples for which results
are disclosed in this press release were collected under the supervision of
Randy Singh, Hawk's Senior Geologist.� Michael Newbury, P.Eng, a
"qualified person" as such term is defined by National Instrument
43-101, and a director of Hawk has reviewed the laboratory results that
included the assay results disclosed in this news release, and has otherwise
reviewed and approved the technical information in this news release on
behalf of Hawk.
�
�
Hawk
Uranium Inc. is a Canadian based junior mining company with a portfolio of
diversified exploration projects at various stages of exploration and
drilling, for Nickel/Copper/PGM in the ‘Ring of Fire’ McFauld’s Lake
Area of N. Ontario, Gold in N. Ontario, Uranium in N. Saskatchewan, Ontario
and Quebec, and P&NG Leases in S.W. Ontario.�
�
More
detailed information is available on the website at www.hawkuranium.com
�
�
Cautionary Statement:
�
The
TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.� �
No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein.
�
The
foregoing information may contain forward-looking statements relating to
the future performance of Hawk Uranium Inc. Forward-looking statements,
specifically those concerning future performance, are subject to certain
risks and uncertainties, and actual results may differ materially from
Hawk's plans and expectations. These plans, expectations, risks and
uncertainties are detailed herein and from time to time in the filings made
by Hawk with the TSX Venture Exchange and securities regulators.� Hawk
does not assume any obligation to update or revise its forward-looking
statements, whether as a result of new information, future events or
otherwise.
�
Contact:
�
H. Vance White
|
�
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Corinna de Beer
Investor Relations
�
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Phone:
Phone:
Fax:
�
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416-214-2250
866-214-9486
416-367-1954
�
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�
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Phone:
eMail:
|
416-792-0343
ir@hawkuranium.com
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�
.