|By Marketwired .||
|April 4, 2014 10:26 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/04/14 -- Redhawk Resources, Inc. ("Redhawk" or the "Company") (TSX:RDK)(FRANKFURT:QF7) is pleased to announce the results of two exploration core drill holes drilled in late 2013 and early 2014 in the Dark Canyon/Prospect Canyon target area. Dark Canyon and Prospect Canyon are located approximately 4,000 feet (1220 meters) northeast of the existing porphyry resource margin and represent an untested area for finding new resources at Copper Creek. (See attached map for drill hole locations). Significant mineralization from the drilling is listed in the table below.
REX-13-078 drilled vertically to total depth 5008 feet (1526.5 m) thick- end ness Ag Start ft (m) ft (m) ft (m) Cu% Mo% ppm 2300 (701) 2305 (702.5) 5 (1.5) 0.25 Tr 2.46 2801 (853.8) 2907 (886.1) 106 (32.3) 0.16 0.001 0.71 Including 2856 (870.5 2861 (872) 5 (1.5) 0.28 0.001 0.91 2882 (878.4) 2887 (879.9) 5 (1.5) 0.71 0.006 2.36 Also 3047 (928.7) 3060 (932.7) 13 (4) 0.60 0.002 3.44 3206 (978.1) 3216 (980.2) 10 (3) 0.33 0.001 0.61 3824 (1165.6) 3831 (1167.7) 7 (2.1) 0.79 0.036 2.07 4063 (1238.4) 4067 (1239.6) 4 (0.8) 1.13 0.007 1.43 4421 (1347.5) 4445 (1354.9) 24 (7.3) 0.35 0.009 0.42 4541 (1384.1) 4447 (1355.5) 6 (1.8) 0.73 0.018 2.35 4941 (1506) 4947 (1507.9) 6 (1.8) 0.32 0.003 0.68 REX-14-079 drilled -80 degrees north 35 degrees west to total depth 4017 feet (1224.4m) 2010 (612.7) 2170 (661.7) 160 (49) 0.12 0.003 0.24 2400 (731.5) 2430 (740.7) 30 (9.1) 0.14 0.003 0.36 2529 (770.8) 2531 (771.5) 2 (0.6) 0.43 tr 3.31 True thicknesses have not been determined. (ft = feet, m = meters, % = percentage, ppm = parts per million, Cu = copper, Mo = molybdenum, Ag = silver, tr = trace, nil = below detection)
Both drill holes showed strong porphyry style alteration of pyritization, sericite, secondary biotite, secondary potassic feldspar, hydrothermal breccias, intrusion breccias, and porphyry intrusives associated with the mineralizing events as in the main porphyry resource area. Hole REX-14-079 has several zones of "early halo" (EH) style veining which is characteristic of the main porphyry resource area.
Redhawk President R. Joe Sandberg commented: "We are very encouraged with the results from this two hole drill program in a new target area covering more than a square kilometer. Using the tools we have developed including our new geologic model, the first hole drilled encountered thick intervals of porphyry style mineralization and a number of high grade intersects. Hole Rex -13-078 has the appearance of a "near miss" and provides strong geologic evidence to support the potential of another porphyry mineralization center in the Dark Canyon Prospect Canyon area. The purpose of this small drill program was to test our ability to target resource expansion at Copper Creek and to support our opinion that the relatively unexplored northwest portion of the original property deserved additional exploration efforts. Both of these goals were successfully achieved. The data from the program will be analyzed and used to develop targets for a larger drill program in the same area."
R. Joe Sandberg, CPG, Redhawk President, CEO and a Qualified Person under the meaning of NI 43-101, is responsible for the technical content of this news release.
All core samples are picked up on site by Redhawk geologists or delivered by the drillers to Redhawk personnel. All samples were split by Redhawk personnel. Samples were then picked up at the Redhawk facility by Inspectorate Labs personnel and pulps prepared by Inspectorate Labs. Inspectorate Labs then delivered the pulps to ALS Laboratory Group ISO 9001:2000 & ISO 17025 in Elko, NV or Reno, NV for assay. Every tenth pulp was a standard and submitted with each assay job, and results reviewed for accuracy. Check assaying is being performed by Inspectorate Labs and a duplicate pulp prepared from the sample reject on every fifteenth sample interval and assayed by Inspectorate Labs.
Redhawk is a Canadian-based resource exploration and development company with primary focus on the accelerated development of its advanced stage Copper Creek copper-molybdenum project in San Manuel, Arizona. The 100% owned Copper Creek property consists of approximately thirty square miles of contiguous patented and unpatented mining claims and state prospecting permits, located about 70 miles northeast of Tucson, Arizona and about 15 miles east of San Manuel. The property is in the prolific southwest US porphyry copper belt at the projected intersection of a major northwest belt of porphyry copper deposits or mines (Ray, Miami/Globe, Superior/Resolution, Johnson Camp) and a major east-northeast belt of porphyry deposits (San Manuel/Kalamazoo, Silver Bell, Lakeshore, Safford, Morenci). The property is within sight of the former BHP Kalamazoo/San Manuel copper smelter and mine and within 30 miles of an existing operating copper mill and smelter. The area is a mining friendly and politically secure location with excellent and readily accessible infrastructure including power, rail, water, roads and qualified consultants.
ON BEHALF OF THE BOARD
R. Joe Sandberg, President & CEO
Cautionary Note Regarding Forward Looking Information
Certain statements contained in this press release constitute forward-looking information within the meaning of applicable securities laws. These forward looking statements relate to future events or the Company's future performance, business prospects or opportunities. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect, "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "outlook" and similar expressions) are not statements of historical fact and may be forward looking information. Forward-looking information includes, but is not limited to, statements with respect to potential new deposits and resources within the Prospect and Dark Canyon targets and any related increase in the size and scope of the Copper Creek project. The Company believes that the expectations reflected in such forward looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. These statements speak only as of the date of this press release. The Company does not intend, and does not assume any obligation, to update any forward-looking information except as required by law. Forward looking information involves risks and uncertainties which may cause actual results to be materially different from those expressed or implied by such forward looking information. Such risk and uncertainties relate to, among other things, the results of exploration and development activities, including the planned drill program, the availability of materials and equipment, changes in commodity prices and, particularly, copper prices, as well as those factors discussed in the section entitled "Description of the Business - Risk Factors" in the Company's Annual Information Form for the year ended March 31, 2013, available on www.sedar.com.
To view the map accompanying this press release please click on the following link: http://media3.marketwire.com/docs/RDK0404.pdf
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, will discuss using predictive analytics to ...
Feb. 11, 2016 02:45 AM EST Reads: 394
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, will discuss how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved effi...
Feb. 11, 2016 02:30 AM EST Reads: 251
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
Feb. 11, 2016 01:15 AM EST Reads: 205
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Feb. 11, 2016 01:00 AM EST Reads: 220
Father business cycles and digital consumers are forcing enterprises to respond faster to customer needs and competitive demands. Successful integration of DevOps and Agile development will be key for business success in today’s digital economy. In his session at DevOps Summit, Pradeep Prabhu, Co-Founder & CEO of Cloudmunch, covered the critical practices that enterprises should consider to seamlessly integrate Agile and DevOps processes, barriers to implementing this in the enterprise, and pr...
Feb. 11, 2016 01:00 AM EST Reads: 400
Sensors and effectors of IoT are solving problems in new ways, but small businesses have been slow to join the quantified world. They’ll need information from IoT using applications as varied as the businesses themselves. In his session at @ThingsExpo, Roger Meike, Distinguished Engineer, Director of Technology Innovation at Intuit, showed how IoT manufacturers can use open standards, public APIs and custom apps to enable the Quantified Small Business. He used a Raspberry Pi to connect sensors...
Feb. 11, 2016 12:45 AM EST Reads: 157
The principles behind DevOps are not new - for decades people have been automating system administration and decreasing the time to deploy apps and perform other management tasks. However, only recently did we see the tools and the will necessary to share the benefits and power of automation with a wider circle of people. In his session at DevOps Summit, Bernard Sanders, Chief Technology Officer at CloudBolt Software, explored the latest tools including Puppet, Chef, Docker, and CMPs needed to...
Feb. 11, 2016 12:30 AM EST Reads: 324
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
Feb. 10, 2016 11:45 PM EST Reads: 109
Data-as-a-Service is the complete package for the transformation of raw data into meaningful data assets and the delivery of those data assets. In her session at 18th Cloud Expo, Lakshmi Randall, an industry expert, analyst and strategist, will address: What is DaaS (Data-as-a-Service)? Challenges addressed by DaaS Vendors that are enabling DaaS Architecture options for DaaS
Feb. 10, 2016 11:45 PM EST Reads: 348
DevOps is not just last year’s buzzword. Companies with DevOps practices are 2.5x more likely to exceed profitability, market share, and productivity goals. But how do you enable high performance? What can you do right now to start? Find out from DevOps experts including Gene Kim, co-author of "The Phoenix Project," and the Dynatrace Center of Excellence.
Feb. 10, 2016 09:15 PM EST
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
Feb. 10, 2016 09:00 PM EST
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
Feb. 10, 2016 04:00 PM EST Reads: 378
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Feb. 10, 2016 04:00 PM EST Reads: 158
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Feb. 10, 2016 02:30 PM EST Reads: 429
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
Feb. 10, 2016 02:30 PM EST Reads: 396