BLR Blackhawk Resource Corp

Blackhawk Resource Corp. ("Blackhawk" or the "Corporation") (TSX VENTURE:BLR),
is pleased to announce the signing of a purchase and sale agreement related to
its Bodo properties. The properties have been sold in two concurrent arms length
transactions to a junior public company and a private company for gross proceeds
of $6.8 million.


The Corporation still maintains a number of non-operated properties in Central
Alberta and will use the proceeds from the sale to pursue other resource
opportunities. The Corporation has begun evaluating both international and
domestic opportunities.


The transaction is subject to certain standard conditions of a deal of this
nature, including regulatory and shareholder approval.

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