Redhawk Resources, Inc. Provides Additional Resource Information
19.05.2012 | Marketwire
VANCOUVER, May 18, 2012 - Redhawk Resources, Inc. ("Redhawk" or the "Company") (TSX:RDK) (OTCQX:RHWKF) (FRANKFURT:QF7) is pleased to provide additional information in regard to the 175% increase in resources announced on May 10, 2012. The table below sets out Measured and Indicated as separate categories rather than compiled as one category. The total resource and all other numbers reported on May 10, 2012 remain the same.Resource Summary at Various Cutoffs
Cutoff Million Cu% Mo% Ag CuEq% Billion Million Million
CuEq% tons ppm lbs Cu lbs Mo oz Ag
Measured 0.20 45.488 0.72 0.013 2.63 0.80 .654 11.89 3.49
Indicated 0.20 456.687 0.42 0.008 1.24 0.46 3.80 75.24 16.57
Inferred 0.20 481.309 0.34 0.007 0.90 0.38 3.30 63.22 12.63
Measured 0.30 37.83 0.82 0.015 2.94 0.91 .621 11.18 3.25
Indicated 0.30 305.120 0.51 0.010 1.49 0.57 3.11 62.11 13.31
Inferred 0.30 256.329 0.45 0.009 1.24 0.49 2.29 43.89 9.27
Measured 0.40 31.018 0.93 0.017 3.19 1.03 .580 10.52 2.89
Indicated 0.40 194.535 0.62 0.013 1.82 0.69 2.42 48.73 10.36
Inferred 0.40 126.725 0.59 0.011 1.72 0.65 1.48 27.71 6.37
Measured 0.50 26.210 1.03 0.019 3.49 1.14 .541 9.92 2.67
Indicated 0.50 125.982 0.74 0.015 2.21 0.82 1.86 38.78 8.13
Inferred 0.50 70.923 0.73 0.014 2.28 0.81 1.03 20.03 4.72
ozs = troy ounces ; lbs = pounds; CuEq = copper + molybdenum x 3.879 + Ag x 0.011; all tons are short tons; ppm = parts per million
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 twenty-nine 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
The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, Redhawk does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires Redhawk to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.
Neither TSX Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Contact
Redhawk Resources, Inc.
J. Stephen Barley, Executive Chairman
604-633-5088
info@redhawkresources.com
www.redhawkresources.com