Cluff Lake Property, Saskatchewan

PROPERTY DESCRIPTION:
Hawk acquired, by staking, a 100% interest in a total of six (6) mining claims in the Carswell Impact Structure of the Athabasca Basin in Northern Mining District, Saskatchewan immediately contiguous to the former producing Cluff Lake Uranium mine. The 6 claims cover approximately 16,239 hectares (40,127 acres).

PROPERTY GEOLOGY:
The Cluff Lake Uranium Project of Hawk Uranium Inc occurs within a highly deformed sequence of sedimentary rocks of the Athabasca Formation surrounding steeply dipping granite gneisses, lit-par-lit gneisses and related rocks, which forms the central core of the structure. These units are overlain unconformably by a concentric ring of conglomerates, grit and sandstones which in turn are again overlain by the Carswell dolomite. The entire package of rocks is subsequently cut by dykelike bodies of the Cluff breccias which fill transcurrent faults.

The dominating structure of Hawk`s Cluff Lake Uranium Property was created by the Carswell meteoritic impact.

The basement complex of the Cluff Lake Area was exposed by central uplift of the Carswell Structure and is associated with graphitic units. These units have been subsequently overturned and faulted by the meteoritic impact, but are still mostly basement hosted deposits close to the basal unconformity of the Athabasca Basin.

The basement complex of the Carswell structure has been interpreted to be part of the Rae Province that extends under the Athabasca Basin from the north and recent geochronology shows that magmatism coeval with the Talston magmatic zone also affected both of these regions

The Cluff lake Uranium Project offers two types of mineralization potential:

(1) Cluff Lake-style uranium in basement rocks within the Carswell Impact structure close to the unconformity with the sandstones of the Athabasca Basin
(2) Shea Creek style unconformity uranium deposits associated with conductors within large magnetic lows

PREVIOUS WORK COMPLETED:
Previous work done by former claims holders – early stage exploration project.

CURRENT WORK PROGRAM:
Geotech of Aurora, Ontario, has completed a helicopter-borne Versatile Time Domain Electromagnet (VTEM) and Magnetic Survey over the entire property, (see news release April 18, 2008). In excess of 2000 line km have been flown at 100m line spacing. Condor Consulting of Lakewood, Colorado has been retained to carry out the final interpretation of this survey, anticipated by the end of May, 2008. Geotech has started this survey and it is schedule to be completed by the end of April, 2008

The follow-up ground-exploration program will include line cutting, ground spectrometer, magnetic and VLF surveys, rock chip and channel sampling, and geological mapping of all the priority #1 targets.

Diamond drilling will follow on targets identified.