Hawk Uranium Inc.

Hawk Uranium Inc.

March 11, 2009 10:11 ET

Hawk Acquires Additional Uranium Claims in Northern Saskatchewan

TORONTO, ONTARIO--(Marketwire - March 11, 2009) - Hawk Uranium Inc. (TSX VENTURE:HUI)(FRANKFURT:HPM)("Hawk" or the "Company") is pleased to announce that it has acquired, by staking, 3 additional blocks totaling 848 hectares in the Charlebois Lake Area, 56 kilometers E-NE of Stony Rapids, Northern Saskatchewan.

Hawk now controls a total of 12 blocks totaling 5,102 hectares in the Charlebois Lake Area, Northern Saskatchewan. The additional staking is in part due to the results of the 1,499 line kilometers of heliborne VTEM Survey by Geotech of Aurora, Ontario, Canada (as previously disclosed in the Company's press release dated April 7, 2008) and subsequent detail interpretation of the geophysical data by Condor Consulting of Lakewood, Colorado, USA.

The new staking covers the strike extensions of known Uranium showings on adjacent claims and all Priority #1 targets identified in the Condor Consulting Interpretation Report.

The Charlebois Lake Area is known for its uranium and to a lesser extent molybdenum mineralization in pegmatites and migmatites that can occur as lens-like and possibly en-echelon type bodies within dykes and sills. The area is structurally very complex and it is postulated that the uranium mineralization was introduced simultaneously with the later stages of pegmatite dykes emplacement. Pegmatite Dyke emplacement has intruded preferentially along complex fault/fracture systems and dilation zones within these complex fault zones constitute favorable locations for uranium concentration.

The VTEM survey was aimed at the detection of conductive zones related to fault/fracture system combined with the magnetic mapping of lithology and structure.

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 that now occupy 70% of the area. Subsequent tectonics resulted in the intrusion of mineralogically similar pegmatites which in the area are described as pegmatite granite.

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

About Hawk Uranium Inc.

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 Uranium in N. Saskatchewan, Ontario and Quebec, Gold in N. Ontario and Nickel/Copper/PGM in the 'Ring of Fire' McFauld's Lake Area of N. Ontario.

More detailed information is available on the website at www.hawkuranium.com.

Cautionary Statement:

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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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.
    Corinna de Beer
    Investor Relations
    (416) 792-0343
    Email: ir@hawkuranium.com
    Website: www.hawkuranium.com