Hawk Uranium Inc.

Hawk Uranium Inc.

October 12, 2007 09:40 ET

Work to Commence on the Hawk Joint Venture McNugget Claims in the McFaulds Lake Area of the James Bay Lowlands

TORONTO, ONTARIO--(Marketwire - Oct. 12, 2007) - Hawk Uranium Inc. (TSX VENTURE:HUI) ("Hawk") is pleased to announce that it has been advised by its Joint Venture partner, MacDonald Mines Exploration Ltd. ("MacDonald"), that a program of exploration is to commence on the jointly-held McNugget claim block in the McFaulds Lake area of Northern Ontario.

In the news release issued on October 11, 2007, MacDonald stated that:


With the recent nickel discovery by Noront, the Company has retained Scott
Hogg, President of Scott Hogg & Associates Ltd. to review and reinterpret
the existing MacDonald airborne survey flown in 2004 and identify potential
nickel targets.

In 2004, MacDonald contracted a helicopter -borne time-domain
electromagnetic survey that was flown at 75 and 50 meter line spacing over
the Big Mac and McNugget properties which provided comprehensive and
detailed target information. The survey was subsequently interpreted for
potential copper/zinc deposits given the VMS discovery at McFauld's Lake.
A preliminary re-interpretation of the McNugget airborne indicates that
there are many excellent nickel targets on the McNugget Property. The
upcoming exploration program plans to drill at least 7 of the identified
targets on the McNugget Property.


Line cutting of control grids is underway and ground geophysical surveys
including Max-Min, EM and magnetics will follow immediately to confirm the
location and quality of airborne targets. The ground survey work has been
contracted to Exsics Exploration (Timmins) and helicopter support will be
provided by Expedition Helicopters (Cochrane).


The diamond drill program has been scheduled to commence on November 1,
2007. The planned program consists of 10-15 holes totalling 2,000 meters.
Cartwright Drilling has been contracted to carry out the required drilling
and the drill is already situated on the McNugget Property. Cartwright has
conducted all the previous drilling for the Company in the James Bay

Bill Nielsen, P. Geo. will oversee the overall exploration program on
behalf of MacDonald Mines and its joint venture partners, Temex and Baltic.

Field exploration will be managed by Randy Salo, P. Geo. in consultation
with Bruce Durham, P. Geo. of Temex Resources and Hadyn Butler, P. Geo.
and Director of MacDonald Mines.


Nickel sulphide discoveries on the McNugget Property (see press release of
June 14, 2007 in which Hole MN-07-39 intersected 4.5m grading 0.36%Ni and
a further 22.5 meters down the hole an intersection of 27.0 meters
averaging 0.26%Ni.).

VMS Discoveries (see press release of Jan. 24, 2005, Hole MN-4 intersected
6.7m averaging 1.55% Zn, press release of June 7, 2006 in which it was
announced that Hole MN06-18 intersected 6.49m averaging 0.64%Cu and
2.92%Zn and press release of June 14, 2007 where intersections of up to
0.57% Cu and 7.94% Zn were intersected over 1.5m in Hole MN07-28)."

The Hawk/MacDonald Joint Venture ground covers 6 mining claims each consisting of 16 units covering an area totalling approximately 3,800 acres. Hawk's holds a 36.75% interest in the property and MacDonald holds 63.25% interest. Hawk has been advised by MacDonald that initial ground work has commenced on one of the targets on the Joint Venture ground with drilling anticipated to be conducted during the current program. Hawk is in complete agreement with this program and is providing its financial support to the program.


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.


No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. 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.

Contact Information

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