BLR Blackhawk Resource Corp

Blackhawk Resource Corp. ("Blackhawk" or the "Corporation") (TSX VENTURE:BLR) is
pleased to announce it has signed a Purchase and Sale Agreement to dispose of
all of the issued and outstanding securities of RMC Exploracao Petrolifera Ltda.
("RMC"). RMC is a subsidiary of the Corporation and holds the Corporation's
exploration blocks in Brazil. RMC has expended approximately $460,000 on the
acquisition and evaluation of the Brazilian properties. With the recent change
of management and the board of directors of the Corporation, it was determined
that the Corporation would focus on resource opportunities in Western Canada.


Under the Purchase and Sale Agreement, the Corporation will transfer all of the
shares of RMC to an arm's length purchaser for proceeds totaling $603,000
(US$550,000). The transaction is conditional upon receipt of certain approvals
including final TSX Venture Exchange acceptance and final approval of ANP, the
Brazilian energy regulator.


Trading in the securities of the Corporation should be considered highly
speculative.


Statements in this press release may contain forward-looking information
including expectations of future operations, commerciality of any oil or gas
discovered, operating costs, commodity prices, administrative costs, commodity
price risk management activity, acquisitions and dispositions, capital spending,
access to credit facilities, income and oil taxes, regulatory changes, and other
components of cash flow and earnings. The reader is cautioned that assumptions
used in the preparation of such information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the company. These risks
include, but are not limited to, the risks associated with the oil and gas
industry, commodity prices and exchange rate changes. Industry related risks
could include, but are not limited to, operational risks in exploration,
development and production, delays or changes in plans, risks associated to the
uncertainty of reserve estimates, or reservoir performance, health and safety
risks and the uncertainty of estimates and projections of production, costs and
expenses. The reader is cautioned not to place undue reliance on this
forward-looking information.

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