Hawk HUI
in response to
by
posted on
May 30, 2008 05:10AM
Discuss the various junior resource companies within the McFaulds Lake Area
Thought I would post this on the McFaulds Forum.
13:25 EDT Thursday, May 29, 2008
TORONTO, ONTARIO--(Marketwire - May 29, 2008) - Hawk Uranium Inc. (TSX VENTURE:HUI)(FRANKFURT:HPM) ("Hawk") is pleased to announce that it has entered into an agreement with Rodina Minerals to dispose of Hawk's 100% interest in and to 69 claims in Gila County, Arizona in consideration for 125,000 treasury common shares of Rodinia Minerals Inc. The agreement is subject to the approval of the TSX Venture Exchange.
In commenting on the disposition Mr. White, President of Hawk said "the transaction will allow Hawk to focus its energies on its MMS, Uranium and Precious Metals projects in Ontario and Saskatchewan."
ABOUT HAWK URANIUM INC.
Hawk has option interests in: two nickel/copper/platinum group metals exploration properties in the McFauld's Lake "Ring of Fire" area of Northern Ontario through option or joint venture agreements (one with Noront Resources Ltd. and one with MacDonald Mines Exploration Ltd.); one gold exploration property in the Wawa area of Ontario; one uranium property in the Elliot Lake Camp of Ontario; one uranium property near the Cluff Lake Uranium Mine within the Athabasca Basin of Saskatchewan; one uranium property in the Charlebois Lake area of the Northern Mining District of Saskatchewan; a uranium project in Grand Calumet Township, Quebec; P&NG prospects in Southwestern Ontario; and a core holding of 3.5 million shares in Wits Basin Precious Minerals Inc. (OTCBB:WITM) ("Wits Basin"). Wits Basin is currently pursuing active projects in South Africa, Colorado, Mexico and the People's Republic of China.