Hawk Uranium Inc.
TSX VENTURE : HUI

Hawk Uranium Inc.

October 05, 2007 14:33 ET

Hawk Initiates Airborne Survey on Cortez Township Uranium Project in the Elliot Lake Area

TORONTO, ONTARIO--(Marketwire - Oct. 5, 2007) - Hawk Uranium Inc. (TSX VENTURE:HUI) ("Hawk") is pleased to announce that it has initiated a helicopter-borne radiometric, magnetic and VLF-EM geophysical survey over the optioned Cortez Township Uranium Project in the Elliot Lake area of Northern Ontario. Interpretation and results from the survey should be available within the next few weeks. The survey will be carried out by Geophysics GPR International Inc. of Longueuil, Quebec.

Hawk has an option over 19 mining claims in Cortez Township and Gladwin Township, Ontario in the Elliot Lake area of Northern Ontario. These 19 mining claims cover a total of 293 claim units (approximately 12,000 acres) and are located within favourable uranium-bearing geological belts.

ABOUT HAWK URANIUM INC.

Hawk has both direct or option interests in a uranium project in Grand Calumet Township, Quebec, one gold exploration property in Ontario, one uranium property in the Elliot Lake Camp of Ontario, one uranium property in the Charlebois Lake Area of the Northern Mining District of Saskatchewan, one uranium property in Gila County, Arizona, one VMS exploration property in Ontario, and a core holding of 3.5 million shares in Wits Basin Precious Minerals Inc. (OTCBB:WITM). Wits Basin is currently pursuing active projects in South Africa, Colorado, Mexico and the People's Republic of China. Hawk also has petroleum and natural gas properties in Ontario.

For all Hawk Uranium Inc. investor relations needs, investors are asked to visit the Hawk Uranium IR Hub at http://www.agoracom.com/ir/hawk where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to hui@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

CAUTIONARY STATEMENT

This news release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Hawk, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and results to differ materially from Hawk's plans and expectations as 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.

The TSX Venture Exchange 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.

Contact Information

  • Hawk Uranium Inc.
    H. Vance White
    President
    (416) 214-2250 or Toll Free: 1-866-214-9486
    (416) 367-1954 (FAX)
    or
    Hawk Uranium Inc.
    Walter Brooks
    Vice President
    (416) 214-2250 or Toll Free: 1-866-214-9486
    (416) 367-1954 (FAX)