- Published: 16 September 2008
- Written by Editor
West Hawk Reports Initial Coal Intercepts at Groundhog
West Hawk Development Corp. (TSX VENTURE:WHD)(FRANKFURT:H5N) ("the Company") is pleased to announce the completion of 5 of the 10 permitted exploration drill holes from the current drilling program underway at the 8,897 hectare Groundhog property in northern British Columbia.
Drill-holes 1 through 5 have been drilled to approximate depths ranging from 200 to 300 meters. Drill cores have been measured indicating coal seams ranging from 1 to 8 meters in thickness. The exploration drilling program is concentrated in a 5 km2 quadrant area, where an initial mine plan is focused. Drill cores are being logged and core samples are being managed by the project's geology team.
The Company strongly cautions investors that the results described in this news release are from visual observations with respect to the coal samples. Detailed analytical work is underway, and the results of the program will be announced when completed. Highlights of the program are as follows:
- Multiple coal intercepts were encountered in all 5 core holes that have been drilled as part of the Company's current exploration program for 2008.
- Drill-hole 4 has encountered the largest coal intercept at an approximate 8 meter thickness.
- Representative photo of a portion of one of the coal intercepts are shown below.
- The proximate analyses (ash, fixed carbon, moisture, thermal energy, etc.), rank of the coal, sulphur content and the coal's coking characteristics (if any), will be determined by the analysis of core samples submitted to SGS' lab in British Columbia. The testing results will be released when completed.
The Qualified Person who has reviewed and approved this news release is Tom Tveten, CPG, of Weir International ("Weir"). He is currently on site at the project to provide technical assistance as the program enters the second half of the drilling program. Weir has been commissioned to prepare a resource update of the existing NI 43-101 report for the Groundhog property.
"The drilling program is proceeding quickly. The team that is on-site has been excellent, and we are looking forward to the results," commented Roger Baer, West Hawk's Managing Director, Canadian Operations.
On behalf of the Board of Directors,
Wm. Mark Hart, President and Chief Executive Officer
About the Company: West Hawk Development Corp. is focused on providing valuable, high-demand energy products from a variety of sources. Assets under development include the Figure Four natural gas property located in the Piceance Basin, Colorado, being developed under a drilling and development agreement; and the Groundhog coal property located in northwest British Columbia.
Cautionary Note: This news release contains forward looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specially noted, are considered speculative. The Company has filed a National Instrument 51-101 Report on the Figure Four property. The Company has filed National Instrument 43-101 Reports for each of the Groundhog coal property in British Columbia, the Tulita coal property in the Northwest Territories, and the Nunavut coal property. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration and development activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
To view a representative photo of a portion of one of the coal intercepts, please click on the following link: http://www.westhawkdevelopment.com/doc/groundhog/dh4_core.pdf
SOURCE: West Hawk Development Corp.
West Hawk Development Corp. Wm. Mark Hart President and Chief Executive Officer 1-800-830-0988 Website: www.westhawkdevelopment.com