Hawk Uranium, Inc. has both direct or option interests in four gold and two VMS exploration properties in Ontario, Canada plus a core holding of 3.3 million shares in Wits Basin Precious Minerals Inc. (OTCBB: WITM). The general objective of Hawk Uranium Inc. is to enhance the value of its resource properties with a short and long-term goal of turning them into commercial production . In this regard, its specific objectives in the foreseeable future are as follows: Hawk Uranium is focusing its exploration activities on the Grand Calumet Uranium Property in Quebec, Canada which has had a history of early uranium exploration in the mid 1950's. A detailed Airbourne Radiometric Survey has recently been completed identifying a number of targets that warrant follow up work. Hawk Uranium Inc. has recently completed additional seismic and intends to either farm out or complete a three well earn in program on the Stanley Line Project located in Lambton County, Ontario, Canada where the company has the right to earn a 75% interest in a 1600 acre parcel of Petroleum and Natural Gas Leases and Storage Leases. No work has been done on the Holdsworth Property by Hawk Uranium Inc. apart from the collection of a few samples and some test milling of the same at a gold mine in Ontario, Canada. Hawk intends to carry out a geophysical survey over the sulphide zone with possible follow up diamond drilling or joint venture. Hawk Uranium has a 1mm share and 2 mm warrant position in Mac Donald Mines Exploration Limited which company is carrying out a exploration and drilling program in the McFaulds Lake area of the James Bay Lowlands in Northern Ontario, currently the site of a developing VMS base metal play.