Last C$0.26 CAD
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06/5/13 - C$0.45
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redhawk resources inc (RDK) Details

Redhawk Resources Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of resource properties in the United States. The company’s exploration projects focuses on the exploration of copper, molybdenum, silver, and gold deposits. It primarily focuses on the development of its 100% owned Copper Creek property that consists of approximately 35 square miles of contiguous patented and unpatented mining claims and state prospecting permits located in San Manuel, Arizona. The company was formerly known as Annex Exploration Corp. and changed its name to Redhawk Resources Inc. in March 1994. Redhawk Resources Inc. was incorporated in 1983 and is headquartered in Vancouver, Canada.

Founded in 1983

redhawk resources inc (RDK) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$220.8K
Executive Chairman, Chairman of Disclosure Co...
Total Annual Compensation: C$186.8K
Chief Financial Officer
Total Annual Compensation: C$44.6K
Compensation as of Fiscal Year 2013.

redhawk resources inc (RDK) Key Developments

Redhawk Resources Announces Results of Dark Canyon and Prospect Canyon Exploration Target Drilling at Copper Creek Project

Redhawk Resources Inc. announced the results of two exploration core drill holes drilled in late 2013 and early 2014 in the Dark Canyon/Prospect Canyon target area. Dark Canyon and Prospect Canyon are located approximately 4,000 feet (1,220 meters) northeast of the existing porphyry resource margin and represent an untested area for finding new resources at Copper Creek. Both drill holes showed strong porphyry style alteration of pyritization, sericite, secondary biotite, secondary potassic feldspar, hydrothermal breccias, intrusion breccias, and porphyry intrusives associated with the mineralizing events as in the main porphyry resource area. Hole REX-14-079 has several zones of "early halo" (EH) style veining which is characteristic of the main porphyry resource area. All core samples are picked up on site by Redhawk geologists or delivered by the drillers to Redhawk personnel. All samples were split by Redhawk personnel. Samples were then picked up at the Redhawk facility by Inspectorate Labs personnel and pulps prepared by Inspectorate Labs. Inspectorate Labs then delivered the pulps to ALS Laboratory Group ISO 9001:2000 & ISO 17025 in Elko, NV or Reno, NV for assay. Every tenth pulp was a standard and submitted with each assay job, and results reviewed for accuracy. Check assaying is being performed by Inspectorate Labs and a duplicate pulp prepared from the sample reject on every fifteenth sample interval and assayed by Inspectorate Labs.

Redhawk Resources Inc. Commences Drilling Program on New Northwest Resource Expansion Target

Redhawk Resources Inc. announced that the company has started its drilling program on the Prospect, Dark Canyon and Cougar targets. It was determined that at least two pulses of early halo veins are present, with one outcropping at surface. Surface mapping over the existing American Eagle resource has shown a strong correlation between surface vein intensity and mineralization at depth. Redhawk has completed mapping of vein intensity and styles across the majority of the property, resulting in outlining two large populations of intense veining at the surface. One of these vein zones closely maps the footprint of the known American Eagle copper resource. The second target zone is the same size or larger than the known resources area and is centered 6,500 feet (2 kilometers) to the northwest in an area with very sparse drilling known as Prospect, Dark Canyon and Cougar. This intensely veined zone is clearly distinct from the American Eagle resource zone, and has the potential of representing a separate hydrothermal cell.

Redhawk Resources, Inc. Announces November 2013 Drill Program and Multiple Targets

Redhawk Resources Inc. provided information concerning an upcoming drill program and information on multiple exploration targets at the Copper Creek project. The Redhawk geologic team recently updated an assessment of areas with potential to increase the tonnage and grade of the Copper Creek resource. The targets considered included infill targets within the current resources, direct extension to those resources, as well as stand-alone targets separate from the known resources representing potential separate new deposits within the Copper Creek property. Based on the assessment it was determined to focus on one of the district stand-alone targets which has the potential to provide the great incremental value to Redhawk and the Copper Creek project. The stand-alone targets chosen for the drill program commencing in November 2013 are the Prospect and Dark Canyon targets.


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