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Tuesday, 11 September 2012

Blackhawk Mines Corp - BlogSpot - Mod DB

Blackhawk Mines Corp - BlogSpot - Mod DB

Black Hawk AdventuresThis blog aims to equip ordinary people with the necessary mindset and provisions when setting out on a trip that will require staying and sleeping outside. Having the necessary knowledge is not only crucial for survival but also for the preservation of the places you'll be visiting.

Blackhawk Mines Corp

Blackhawk Mines
Blackhawk Mines acquires Amazon Gold Ventures.

A Mining company that operates in Columbia. A public listed company that trades in Germany on the Frankfurt exchange.

Blackhawk Mines Corp. (formerly named: Bentley Fairview Resources Co. Ltd.) is a gold-focused exploration and mining development company with additional interests in silver. The Company is focused on creating royalties and participating interests through joint venture partnering with independent mining operations in South America. The Company's strength is in generating prospects that provide world class gold deposits. Collectively, with our partners and associates who have extensive in-country expertise in exploration and mining operations in Colombia and throughout South America, Blackhawk Mines Corp. can become a significant venture in the mining industry.

In recent years, the modern governments of Colombia, Peru and Brazil have each successfully attracted both, foreign capital and technology. Historically, these countries are known to be gold-rich areas mined by humans for thousands of years. In particular, Colombia possesses an exceptional geologic terrain for gold exploration. Within the last five years this country has produced a very high rate of plus-million ounce gold discoveries by a relatively small amount of active companies. In the 19th century, Colombia was the world's largest gold producer. Currently, Peru, Colombia's neighbor to the south, produces about 210 tons of gold per year from the metal rich Andean Cordillera.

At present, the Company is focused on Colombia with its flagship Las Palmeras Project in Segovia, Antioquia adjacent to the Frontino Gold Belt reserve. Las Palmeras is an active operation including a gold processing stamp mill and has total reserves estimated at over $180,000,000 USD. The Company's operating partner based in Envigado, Department of Antioquia, has strong, established legal and political alliances that enable excellent cooperation with such key entities as the Colombian Ministry of Mines and Energy.

Panama City, Panama. March 01, 2012 - Blackhawk Mines Corp. ("Blackhawk") announced today that it has acquired all the assets and business operations of Amazon Gold Ventures Inc. ("Amazon"). The current South American mining operations of Amazon will continue under the Blackhawk name and will be managed by existing personnel and managing partners based in Antioquia, Colombia and Panama City.
Blackhawk Mines Corp. is a public company listed on the Frankfurt Stock Exchange, Open Market trading under the ticker symbol: B06N. As part of the acquisition agreement, existing shareholders of Amazon will be entitled to exchange their shares of Amazon for shares of Blackhawk on a one for one basis. The name Blackhawk Mines Corp. will be retained as the new group name and trading of Blackhawk shares will continue on the Frankfurt Stock Exchange, First Quotation Board under the current ticker symbol: B06N.
Recently, the Frankfurt Stock Exchange has proposed certain changes to the Open Market trading segment which will mean that Blackhawk will be applying to trade on the Frankfurt Stock Exchange's higher platform the "Entry Standard" later in this year. The proposed changes to the Open Market are an attempt to increase liquidity, transparency and public disclosure in German public capital markets.
The management of Blackhawk is in full agreement with the proposed changes that the Frankfurt Stock Exchange is implementing and looks forward to meeting full compliance with all future listing requirements brought in by the Exchange. In addition, Blackhawk shall be seeking secondary listings of its shares on other exchanges and trading venues in order to increase market presence and liquidity for its shareholders.
The merger of these two companies signifies greater resources and expertise as now Blackhawk will be able to draw on all the experience that the combined team members and joint venture partners have. Ina addition, the two corporations effectively combined together will also bring increased value and benefit to the shareholders of both companies.
The exposure to operational mines in South America and exploration in California follows the trend that most financial experts are promoting; own as much Gold as possible. With prices currently in excess of $1700 an Oz, being a gold mining and exploration company has never been so profitable.
Amazon has been focused on Colombia with its flagship Las Palmeras Project in Segovia, Antioquia adjacent to the Frontino Gold Belt reserve. Las Palmeras is an active operation including a gold processing stamp mill and has total reserves estimated at over $180,000,000 USD. The Company's operating partner based in Envigado, Department of Antioquia, has strong, established legal and political alliances that enable excellent cooperation with such key entities as the Colombian Ministry of Mines and Energy.

The Big Bear Gold Claims - San Bernardino County, California

Big Bear Location and History

This Big Bear Claims lie in southwestern San Bernardino County about 30 miles northeast of San Bernardino on the north east side of the San Bernardino Mountains The Big Bear claims presently cover an area of about 1440 acres or about 2.5 square miles, near Lucerne Valley, CA and currently consists of 9 claims.
San Bernardino County is the largest County in California, and in fact the largest County in the United States. It is an intensely mineralized area, with records indicating more than 250 mines recorded in the area. Commodities from industrial minerals to gold and silver have been produced since the mid 1800s and still form a large part of the local economy, therefore the governments and agencies are generally mining friendly. The area remains an important cement and industrial production area.
The area has been known as the Blackhawk Mining district in most reports. The district was organized in 1870, when an English concern organized the Santa Fe group in 1890 to work the area on a large scale, but work stopped soon afterward and prospecting was minor during the early 1900s. The Santa Fe group was re-opened in 1921 and operated continuously until 1940. In this last operating phase the production amounted to a reported $300,000.

Mining in California

Based on the U.S. Geological Survey's (USGS) preliminary data for 2007, California ranked third behind Arizona and Nevada in non-fuel mineral production, accounting for approximately 6.3% of the nations' total. The market value of mineral production for California was $4.3 billion. California produced about 30 different industrial minerals during the year.
California led the nation in the production of sand and gravel, portland cement, diatomite and natural sodium sulfate, and was the only producer of boron and rare earths. The state ranked second behind Florida for masonry cement. The only metals produced were gold and silver.
California ranked 6th in gold production out of nine states that reported for the year. Other minerals produced include common clay, bentonite clay (including hectorite), crushed stone, dimension stone, feldspar, fuller's earth, gemstones, gypsum, iron ore (used in cement manufacture), kaolin clay, lime, magnesium compounds, perlite, pumice, pumicite, rare earths, salt, silver, soda ash, and zeolites. There were about 660 active mines producing non-fuel minerals during 2007. Approximately 10,000 people are employed at these mines and their processing plants.

Mining Phase 1

The phase 1 evaluation plan already underway, involves resampling and mapping earlier reported zones for which original data is no longer available, while seeking extensions of alteration that may have been ignored by earlier workers due to lower than economic grades at the time. If phase 1 work provides the results we believe it will, Phase 2 will be put in play. Phase 2 will involve drilling and bulk sampling of mineralized areas in order to design an appropriate recovery system, and simultaneously develop the detail information required for mine permitting.

Geology and Ore Deposits

The area is underlain by granitic rocks, mica schist, gneiss, and a limestone breccia belt. A mineralized zone known as the Arlington-Santa Fe lode occurs in a thrust fault that strikes west and dips north. The historic ores consisted of hematite-bearing fault gouge in limestone breccia. Several ore bodies were reported to yield up to one ounce of gold per ton. The ore zones were reported to be up to 75 feet thick and 1000 feet long, with altered weaker mineralization in the host rocks.
The carbonate host rocks that slid off the mountain contain naturally crushed vein mineralized rock which has been a target for gold exploration for many decades. In the late 1970s, an exploration program of 61 drill holes, hundreds of feet of bull dozer trench sampling and extensive geochem surface sampling reported broader mineralized than had been noted before.
This exploration showed broad areas of gold mineralization contained in the landslide. Estimates showed the areas to contain up to 80 million tons of mineralized material at gold grades of approximately .03 oz/ton, and silver grades around .25 oz/ton. This shows a gross potential of 2 to 3 million ounces of gold and 10 to 20 million ounces of silver.
Gold values of the late 1970s (approx $350/oz gold and $15 oz/ton silver) did not make the project economically interesting at the time. However, the current gold and silver prices, at plus $1700/oz gold and Silver in the mid $30s/oz, cast the economics in a very favorable light.

Scamsters’ paradise: Why tourists love to hate Delhi

(Travel scams, brilliantly…)
NEW DELHI: Our city recently made it to a top ten list of global cities, but not for reasons we should be proud of. Travel scams, brilliantly complex and unarguably rampant, have given New Delhi a spot in the world's top cities travellers love to hate.
Hate may seem like a strong word, and the city's reputation an exaggeration, but tourists' experiences here confirm New Delhi's number eight position on the CNNGo list isn't unwarranted. Whether it's the ingenious "poop scam", detailed train station scams, or the routine fleecing, every tourist has a story to share. Cheating here, it seems, is so ubiquitous that tourists believe it's in our DNA. "Everybody here cheats. Your government cheats you, and you con us," says Bryan, from Liverpool, England.