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kimpy wenzy


Member since October 01, 2012


    OCALA, FLORIDA – AUGUST 4, 2011 (IMMEDIATE RELEASE) – Blackhawk Mines Corp., B06N.F, WKN

    Number - A1H52M, ISIN Number - CA08265A1003, website - is pleased to

    announce that the company has advanced the initial payment for the initiation of a work program on

    the Big Bear Mining Claims.

    This is the initial payment of a $10,000,000 Joint Venture entered by the two companies with the goal of

    proving the indicated gold resources on the Big Bear claims and if warranted, developing the Big Bear

    property to possible production. Siga’s work program and the beginning of evaluation of the project are

    underway as of Aug 3, 2011.

    The work program will consist of extensive mapping of existing trenches, outcrop, oxidized zones and

    other previous workings including drill sites. Geochem sampling of large areas of the claim group along

    with sampling of all pits and trenches will be conforming with previous mapped and sampled areas

    which returned assays of greater than .01 oz/ton gold in the soil geochem. These areas of greater than

    .01 oz/ton gold covered a large area of the claim group and give rise to the anticipated total indicated

    contained ounces of gold which could range from 1 to 2 million ounces.

    The Big Bear project is currently controlled under an agreement to acquire 100 percent of the property.

    It is situated near Lucerne Valley, CA and currently consists of approx 1440 acres (approx 2.25 squ...