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Hawk Uranium Inc.

Published : July 02nd, 2008

Commences Exploration on Cortez Property - July 2, 2008

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Hawk Commences Exploration on the Cortez Property, Elliott Lake Area, Northern Ontario

TORONTO, ONTARIO -- (July 02, 2008) -- Hawk Uranium Inc. (TSX VENTURE:HUI, FRANKFURT:HPM) ("Hawk") is pleased to announce that it has commenced field exploration consisting of line cutting, field mapping,�  ground Magnetic and ground Radiometric Surveys over a number of airborne radiometric anomalies identified from its November 2007 airborne radiometrics, magnetic and VLF-EM survey by Geophysics GPR International Inc., of Longueuil, Quebec on its wholly owned Cortez Property in the Ramsey Lake Area – Elliott Lake Area of Northern Ontario. � Completion of this exploration program is expected by the end of August 2008.�  Once the ground work has been completed and analyzed, the Company will formulate the next stage of� exploration that could include drilling. Cortez, a uranium exploration property, consists of 29 staked claims – 453 claim units – and covers approximately 7,284 hectares in the Cortez and Gladwin Townships, Ramsey-Elliott Lake Area, Northern Ontario.

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The Cortez Property holds the potential of hosting uranium in pegmatites, migmatites and brecciated contact areas between the older PreCambrian metasediments, metavolcanics and granitic intrusive and the younger granitic intrusive which inundated the area.�  Elevated radioactivity has been found in migmatites, pegmatites and massive granite in close proximity to the diabase intrusive and also in the brecciated contact areas.

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The Geology of the entire area is underlain by Early PreCambrian metasediments, metavolcanics, intrusive gneiss of Granodiorite and Quartz Diorite composition, ultrabasics, hybrid gneiss, migmatites, pegmatites and later granite intrusive and diabase dykes. � Locally the area exhibits all stages of assimilation and hybridization of the various rock types, with intense brecciation and injection of volatiles from the later granite intrusive.

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The regional foliation of the area is to the northwest, but locally the trends vary from north to northeast. The folding is largely controlled by the granitic intrusive. � The area is extensively faulted, with long and well-defined northwest regional lineaments and minor subsidiary northeast lineaments. � To the north of the property a major east –west structural break has been picked out from radar-sat imagery.


Michael Newbury, P.Eng, � a "qualified person" as such term is defined by National Instrument 43-101, � has reviewed and approved the technical information in this news release on behalf of Hawk Uranium Inc.

Hawk Uranium Inc. is a Canadian based junior mining company with a portfolio of diversified exploration projects at various stages of exploration and drilling, for Nickel/Copper/PGM in the ‘Ring of Fire’ McFauld’s Lake Area of N. Ontario, Gold in N. Ontario, Uranium in N. Saskatchewan, Ontario and Quebec, and P&NG Leases in S.W. Ontario.� 

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More detailed information is available on the website at www.hawkuranium.com

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Cautionary Statement:

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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. � � No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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The foregoing information may contain forward-looking statements relating to the future performance of Hawk Uranium Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from Hawk's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by Hawk with the TSX Venture Exchange and securities regulators.�  Hawk does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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Contact:

H. Vance White

President

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Corinna de Beer

Investor Relations

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Phone:

Phone:

Fax:

416-214-2250

866-214-9486

416-367-1954

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Phone:

eMail:

416-792-0343

ir@hawkuranium.com

 

 

 

 

 

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SnapMail is a Service of www.RMC.mobi

Hawk Uranium Inc.
2500 – 120 Adelaide St.W.
Toronto, Ontario
Canada M5H 1T1

Tel: 416-214-2250
Toll: 866-214-9486
Fax: 416-367-1954

info@hawkuranium.com
www.hawkuranium.com

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.

Hawk Uranium Inc.

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CODE : HUI.V
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Hawk Uranium is a uranium exploration company based in Canada.

Its main exploration properties are GRAND CALUMET, CLUFF LAKE PROPERTY, CHARLEBOIS LAKE, CORTEZ PROPERTY, BIG MAC/MACNUGGET and HOLDSWORTH in Canada.

Hawk Uranium is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 4.0 millions as of today (US$ 4.0 millions, € 3.0 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 0.49, and its lowest recent point on December 24, 2008 at CA$ 0.02.

Hawk Uranium has 52 935 000 shares outstanding.

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Financings of Hawk Uranium Inc.
4/30/2010Adds Common Share Units to Private Placement - April 30
1/22/2010Announces Repricing of Warrants - January 22, 2010
1/20/2010Announces Proposed Repricing of Warrants -
1/7/2010Announces Closing of Private Placement - J
2/12/2009Amendments to Terms of Warrants
1/19/2009Extends Term on Warrants
12/11/2008Proposes Amendments to Warrants
Nominations of Hawk Uranium Inc.
9/2/2009Appoints Robert S. Stewart as CEO: Undertakes $750,000
Project news of Hawk Uranium Inc.
6/23/2009(Holdsworth)Signs Contract for Auger Drill Program - Holdsworth, On
2/25/2009(Mc Fauld's Lake)Terminates Interest in Noront Resources/Hawk JV Proper
1/13/2009(Holdsworth)Holdsworth Drill Results - January 13, 2009
7/14/2008(Holdsworth)Extends Soocana Vein to 750m, Chip Sample returns 42.5
7/9/2008(Holdsworth)Mobilizes Drill Rig onto Holdsworth - July 8, 2008
Corporate news of Hawk Uranium Inc.
5/4/2010Announces Closing of First Tranche of Private Placement
3/1/2010Completes Issuance of Shares - March 1, 2010
12/16/2009Announces Resignation of Robert S. Stewart - December 1
11/27/2009Sells Cluff Lake Uranium Claims - November 27, 2009
11/20/2009Completes Issuance of Shares to Service Providers - Nov
11/10/2009Enters into Letter of Intent for Ghanaian Mining Claims
8/18/2009Not to Proceed with Acquistion of Sonora, Mexico Proper
7/27/2009Hawk Proceeding with Initial
6/1/2009Acquire Gold Property in Sonora, Mexico - June 1, 20
3/11/2009Acquires Additional Uranium Claims In N. Saskatchewan -
3/9/2009Results of Shareholders' Meeting - Mar.6, 09
11/21/2008Extends Loan to Wits Basin Precious Minerals Inc
9/3/2008 Amends PR Agreement
8/13/2008Receives Additional Gold and Silver Results from Holdsw
7/28/2008Obtains extension on Payment Installment for Cortez Pro
7/2/2008 Commences Exploration on Cortez Property - July 2, 2008
6/2/2008Launches Corporate Website
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TSX-V (HUI.V)FRANKFURT (HPM.F)
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