Blackhawk Mines Corp. to Commence Initial Work Program on Big Bear Mining Claims in San Bernardino County, California - 0 views
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takki osawa on 15 Feb 12OCALA, FLORIDA - JULY 21, 2011 (IMMEDIATE RELEASE) - Blackhawk Mines Corp., B06.F, WKN Number - A1H52M, ISIN Number - CA08265A1003, website - www.bentleyfairview.com is pleased to announce that the Big Bear Mining Claims initial work program will commence within the next three weeks. 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 previously-announced Joint Venture agreement with Blackhawk Mines Corp Resources of Ontario, Canada, will provide Siga the additional financing to commence this work program as announced and expand this program if required to cover the total claim group. The Big Bear Mining Claims are located near Lucerne Valley, CA and currently consists of 9 claims, making up approx 1440 acres (approx 2.25 square miles) The Big Bear Property is located on the North eastern edge of the San Bernardino Mountains. The project area is known historically as the Blackhawk mining District and has been a previous producer of gold and silver. The area is believed to contain economically viable gold mineralization, particularly at the current metals prices. Anticipated total contained gold could be in the range of 2 to 3 million ounces. Field operations are planned to start in the next 90 days. Siga acquired the claims from Montana Mining Corporation of Washington State, USA.