Black Hawk Exploration Inc. is a diversified metals and energy exploration company. Their current focus is on lithium exploration through their wholly owned subsidiary Blue Lithium. Black Hawk holds mineral rights to 1,120 acres in the lithium-rich Clayton Valley in Nevada. Clayton Valley is the home of the largest lithium brine production facility in the U.S. The Company is focusing on the acquisition, exploration, and development of highly-prospective North American lithium properties. Black Hawk Exploration Inc. has their headquarters in Fox Island, Washington and they trade on the OTC Bulletin Board.
This week, Black Hawk Exploration, Inc.’s management team, headed by Kevin M. Murphy, announced to their Black Hawk shareholders, friends, and the market a recap of their last quarter and significant milestones. In early August, Black Hawk launched a diversified energy and metals exploration program. The focus was on identifying and exploring strategic high value properties and developing new prospective projects globally. On August 11, the Company formed Blue Lithium Energy (Blue Lithium), a wholly owned Nevada subsidiary.
Black Hawk announced in a Press Release on September 28th, 2009 that they had officially launched a “Diversified Energy and Metals Exploration Program” through their subsidiary Blue Lithium. On September 30th, 2009, Black Hawk announced their Clayton Valley, Nevada acquisition. On October 19th, 2009, Black Hawk announced that they entered into an equity financing agreement for up to $1,000,000 from private investors.
The Company’s Clayton Valley claims and the worldwide demand for their potential lithium production is helping them secure investment. The signing of the equity financing agreement will allow the Company to fund the implementation of their operations and acquisitions strategy. They stated that the first priority of Blue Lithium would be their exploration program. Black Hawk Exploration Inc.’s corporate commitment is to an aggressive program of value-added property acquisition, project generation, asset diversity, and Shareholder value building.
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