Black Hawk Exploration Enters Option Agreement with Rubicon Minerals Corp.
July 13, 2007- Black Hawk Exploration (OTCBB:BHWX)signed a formal option agreement with Perry English (English) for Rubicon Minerals Corp. pursuant to which Black Hawk may earn up to a 100% interest in English's Sand Lake North project located in Ontario, Canada. Under the terms of the agreement, Black Hawk can earn a 100% interest by paying English $41,000 cash (completed) and issuing 25,000 shares on signing (completed) and paying an additional $85,000 cash and issuing 75,000 shares and incurring $700,000 in exploration expenditures over the next two years. English will retain a 2% net smelter royalty ("NSR") of which 1% can be purchased by Black Hawk for $1,000,000 at any time.