BWR BWR Exploration Inc

Black Widow Resources Inc. ("Black Widow" or the "Company") (TSX VENTURE:BWR)
today announces that it has received a National Instrument 43-101 report on its'
Shunsby property located approximately 145 kilometers southwest of Timmins,
Ontario in Cunningham Township. The recently received report is entitled
"Technical Report on the Shunsby Base Metal Property, Cunningham Township,
Ontario, for Black Widow Resources Inc." by Paul Sobie, P.Geo. of MPH Consulting
Ltd., of Toronto Ontario dated September 30, 2013, hereinafter referred to as
the "Shunsby Report". This report will be filed on the sedar.ca in a timely
manner as well as the Company's website www.blackwidowresources.com. 


The Shunsby Property consists of 20 contiguous patent claims comprising 314.43
hectares, optioned from Hage Corporate Services Inc. ("Hage") whereby Black
Widow can acquire 59.8% direct interest in the property by making payments
totaling $500,000. The first two payments through the issuance of shares have
been made totaling $350,000, a third and final payment of $150,000 is due on
April 4, 2014. Hage is a non-arms length agent for two directors of Black Widow;
Messrs. Duguay and Ringler as disclosed in the company's filing statements. It
is contemplated that the final $150,000 payment for the Shunsby property, due in
April 2014, will be satisfied by issuing additional shares.


- Mr. Neil Novak, President and CEO of Black Widow Resources, Inc.

"Our Board of Directors and Management team at Black Widow are excited about the
exploration potential of the Shunsby property, the project has great year round
access, much work has been done in the past on this base metal prospect, all of
which is being used to plan Black Widow's exploration program, expected to
commence in 2014."


The Shunsby Property, as outlined in the report, has seen much exploration work
covering the period 1904 to as recent as 1994, over 90 years of exploration
records have been viewed. These records include 214 diamond drill holes totaling
in excess of 23 kilometers of drilling. The results of this enormous amount of
drilling has now been digitized and entered into a property wide database. The
drill results are itemized as periods of exploration in the Shunsby Report, some
of which will eventually be twinned by Black Widow holes so as to determine
their relevance in incorporating in a resource evaluation.


In the 1990's the work also included numerous surface trenches exposing
stratigraphic sections across two main sulphide horizons as overseen by MPH
Consulting Limited, under the direct auspices of the author of the current
Shunsby report. The results of the historical geological mapping, diamond
drilling, geophysics, and surface trenching by earlier operators, collectively
suggest that numerous sulphide pods that were previously interpreted as
stratabound massive sulphides (of limited size potential), were more likely
local concentrations of sulphide within hydrothermal stringer type structures,
typically found stratigraphically below a volcanic hosted massive sulphide
("VMS") deposit. The 1990 interpretation also noted that the top of the volcanic
pile was actually reversed with respect to the original interpretation, much
room now exists for exploration further up in the VMS system where massive
sulphides typically accumulate. 


As outlined in the Shunsby Report, historical trench highlights for the Main
Zone were as high as 3.53 % copper, 0.52% zinc, 0.02% lead and 0.54 ounces per
ton silver over 5 meters. Historical trench highlights for the South Zone were
as high as 10.77% zinc, 2.75% lead, and 0.75% copper and 0.35 ounces per ton
silver over 4.8 meters. Paul Sobie, the author of the Shunsby Report completed
chip sampling over the Main Zone during his site visit in June, with assay
results of 3.82% copper and 1.76% zinc, he considers these results consistent
with the 1990-91 trench sampling program as also overseen by MPH Consulting Ltd.


Independent Qualified Person

Mr. Paul Sobie, P.Geo., President of MPH Consulting Limited, being an
Independent Qualified Person ("IQP") as defined by National Instrument 43-101
Standards of Disclosure for Mineral Projects ("NI 43-101") and Form 43-101F1
Technical Report and Related Consequential Amendments, has reviewed and approved
the technical content of this press release and was responsible for the
collection of the samples referred to in this press release.


About Black Widow Resources

Black Widow is a newly listed public company, quoted for trading on the TSX.V
under the symbol "BWR", with exploration projects in Northern Ontario, Canada,
focused on exploring for base and precious metals. Management of Black Widow
includes an accomplished group of exploration/mining, administrative and legal
specialists with many decades of operational experience in the junior resource
sector. There are currently 21,178,000 shares issued in Black Widow.


Neither the Toronto Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


For more information about Black Widow please visit our website:
www.blackwidowresources.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Black Widow Resources Inc.
Neil Novak, P.Geo.
President, CEO & Director
416-203-8636
info@blackwidowresources.com
www.blackwidowresources.com


CHF Investor Relations Contact
Jeanny So
Director of Operations
416-868-1079 ext. 225
jeanny@chfir.com

BWR Exploration (TSXV:BWR)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

BWR Exploration (TSXV:BWR)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024