Hawk Uranium Inc.
TSX VENTURE : HUI

Hawk Uranium Inc.

December 20, 2007 08:00 ET

Grab Samples Returned Up to 8.7lbs/ton U3O8 From Charlebois Lake Uranium Project, Saskatchewan

TORONTO, ONTARIO--(Marketwire - Dec. 20, 2007) - Hawk Uranium Inc. (TSX VENTURE:HUI) ("Hawk") is pleased to announce uranium results from a grab sampling programme in September, 2007. Samples had to be sent to SGS Lakefield Research Facility, Lakefield, Ontario for analysis due to high radioactive readings.

Five (5) out of eleven (11) samples returned greater than 2 lbs/t U3O8 from outcrops and subcrops throughout the project area. Samples were taken from old trenches, outcrops, subcrops, NQ size core and AX size core from collapsed core racks found on the property. A hand-held RSI Radiation Solutions Inc., RS -125 Super-Spec Scintillometer was passed over all the outcrops, subcrops and drill core and readings recorded before the samples were taken.

Grab Samples Results:



U3O8
Sample # U% U3O8 lb/t Description
16951 0.003 0.004 0.07 Pegmatite outcrop - 1100 - 1800 cps
16952 0.032 0.038 0.76 Collapse core shed - NQ size core -
1038 cps
less than less than less than Collapsed Core shed - AX size core
16953 0.002 0.002 0.05 - 592 -618 cps
16954 0.096 0.11 2.3 Pegmatite subcrop - 5000 - 6500cps.
16955 0.016 0.02 0.4 Outcrop trench sample - 8000 cps.
16956 0.003 0.004 0.07 Outcrop trench sample - 1100 cps
Outcrop trench sample -15544
16957 0.11 0.13 2.6 -18,000cps
16958 0.37 0.44 8.7 Pegmatite subcrop - 40,000cps
16959 0.008 0.009 0.19 Pegmatite outcrop - 6000cps.
16962 0.093 0.11 2.2 Pegmatite outcrop -6000 - 11000cps.
16964 0.089 0.105 2.1 Pegmatite outcrop - 10000 cps.


The Charlebois Lake Uranium Project consists of nine (9) Claim Blocks totalling 4254 hectares and is located in the Charlebois Lake Area , 35 miles E-NE of Stony Rapids, Northern Saskatchewan The area is known to have a number of Uranium showings and Hawk's Charlebois Lake Uranium Project contains 12 out of 18 known Uranium Showings in the area. Hawk controls approximately 16.5 km strike length of this known Uranium Mineralized trend within its blocks. The Uranium Mineralized strike length within Hawk's nine (9) claim blocks could be easily and conservatively projected to be in excess 26 km.

The Charlebois Lake Area is underlain by The Early Precambrian Tazin Group consisting of highly metamorphosed biotite bearing impure quartzite, schist, and hornblende gneisses, which have been intruded by granite and granite gneiss which now occupy 70% of the area. Subsequent tectonics resulted in the intrusion of mineralogically similar pegmatites which is best described as pegmatite granite in the area. Uranium mineralization is spatially and intricately related to the pegmatites.

The Charlebois Lake Uranium Project is structurally very complex and it is believed that the Uranium Mineralization was introduced simultaneously with the later stage pegmatite dykes emplacement that intruded preferentially along these complex fault/fracture systems. Lakes and rivers now occupy these complex fault-fracture systems and interruption in the "plumbing" within these fault-fracture zones will be the focus of the 2008 Exploration Programme. Where possible a hand-held RSI Solutions Inc., RS -125 Super Spec Scintillometer will be used - this unit is regarded as the most modern state of the art Spectrometer available on the market today.

Michael Newbury, P.Eng, a "qualified person" as such term is defined by National Instrument 43-101, has reviewed and approved the technical information in this news release on behalf of Hawk.

ABOUT HAWK URANIUM INC.

Hawk has both direct or option interests in a uranium project in Grand Calumet Township, Quebec, two VMS/nickel/copper exploration properties in the McFaulds Lake "Ring of Fire" area of Northern Ontario in Joint Venture (one with Noront Resources and one with MacDonald Mines); one gold exploration property in the Wawa area of 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; 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

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
    President
    (416) 214-2250 or 1-866-214-9486
    (416) 367-1954 (FAX)
    or
    Hawk Uranium Inc.
    Walter Brooks
    Vice President
    (416) 214-2250 or 1-866-214-9486
    (416) 367-1954 (FAX)
    Website: www.agoracom.com/ir/hawk