Welcome!

News Feed Item

Redhawk Resources Announces Results of Dark Canyon and Prospect Canyon Exploration Target Drilling at Copper Creek Project

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.

About Redhawk

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

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
This talk centers around how to automate best practices in a multi-/hybrid-cloud world based on our work with customers like GE, Discovery Communications and Fannie Mae. Today’s enterprises are reaping the benefits of cloud computing, but also discovering many risks and challenges. In the age of DevOps and the decentralization of IT, it’s easy to over-provision resources, forget that instances are running, or unintentionally expose vulnerabilities.
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, will motivate why realizing the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insigh...
When NSA's digital armory was leaked, it was only a matter of time before the code was morphed into a ransom seeking worm. This talk, designed for C-level attendees, demonstrates a Live Hack of a virtual environment to show the ease in which any average user can leverage these tools and infiltrate their network environment. This session will include an overview of the Shadbrokers NSA leak situation.