Redhawk Resources, Inc.

Redhawk Resources, Inc.

October 29, 2007 09:48 ET

Redhawk Announces Aquifer Protection Permit Application for an Exploration Decline on the Copper Creek Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 29, 2007) -


Redhawk Resources, Inc. (TSX VENTURE:RDK) (FRANKFURT:QF7) ("Redhawk" or the "Company"), through its wholly owned subsidiary Redhawk Copper Inc., is pleased to announce the submission of an Aquifer Protection Permit ("APP") application to the Arizona Department of Environmental Quality ("ADEQ") for the construction of an exploration/development decline to access several of the copper/molybdenum breccia deposits and the American Eagle porphyry resources at the Company's wholly owned Copper Creek project. The APP is the primary permit required for commencement of the decline and the associated waste rock disposal and temporary "mineralized material" stockpile. The permit review and approval process by ADEQ is estimated to require six to twelve months to complete. The submission of the APP application is in keeping with the strategic plan recently announced by Redhawk and is a major step in the overall development of the Copper Creek project.

The APP application includes the results of biological, archeological, and cultural studies, waste rock and "mineralized material" characterization testing, and engineering design of waste rock disposal and temporary "mineralized material" storage facilities. Ground water quality baseline information was collected from multiple samplings of several ground water monitor wells installed by the Company. Redhawk has been conducting these studies and working on permitting issues for more than two years and will continue to conduct further studies and develop the necessary information to prepare for filing of the documents required to bring the Copper Creek property into production.

The exploration/development decline is located to provide quick access to the Childs-Aldwinkle and Mammoth breccia hosted deposits, continue to the Keel "porphyry like" deposit below the Mammoth breccia, and then to the American Eagle porphyry. The decline allows access to these deposits for underground delineation drilling, geotechnical and metallurgical testing programs, and for future mine design purposes. The decline is designed at a size and configuration sufficient to allow for direct transition to production scale mining. The early confirmation of the current knowledge of the deposits characteristics will allow for the timely preparation and submission of the permits required for production.


The 100% owned Copper Creek property has NI 43-101 compliant resources on three breccia hosted deposits, the Keel "porphyry like" deposit and the American Eagle porphyry deposit. As recently announced, the Company's independent consultants have estimated mineral resources for these deposits which total 6.4 million tons at 1.71% CuEq, in the measured and indicated category, containing over 212 million pounds of equivalent copper, plus an inferred resource of 113.6 million tons at 0.84% CuEq with contained equivalent copper of more than 1.9 billion pounds. Further details of this resource estimate can be found in the Company's news release dated October 15, 2007.

The property consists of approximately seven square miles of almost totally contiguous patented and unpatented mining claims, and state prospecting permits located about 70 miles northeast of Tucson, Arizona and about 15 miles east of San Manuel. The Copper Creek mining district is in the prolific southwest porphyry copper belt at the projected intersection of a major northwest belt of porphyry copper deposits or mines (Ray, Miami/Globe, Superior/Resolution, Johnson Camp) and a major east-northeast belt of porphyry deposits (San Manuel/Kalamazoo, Silver Bell, Lakeshore, Safford, Morenci). The property is within sight of the former BHP San Manuel copper smelter and mine and within 30 miles of an existing operating copper smelter. The area is a mining friendly and politically secure location with excellent and readily accessible infrastructure. The Copper Creek property has had over 342 drill holes and 468,000 feet of drilling to date. The Company has announced a 2007 - 2008 work program including an additional 77,000 feet of drilling.

Certain statements in this press release constitute forward-looking statements under applicable securities legislation. Such statements are generally identifiable by the terminology used, such as "anticipate", "believe", "intend", "expect", "plan", "estimate", "budget", "outlook", "may", "will", "should", "could" or other similar wording. Forward-looking information includes, but is not limited to, reference to business strategy and goals, future capital and other expenditures, resource estimates, drilling plans, mining techniques and repair activities, the submission of application permits, production levels and the sources of growth thereof, project development schedules and results, results of exploration activities and dates by which certain areas may be developed or may come on-stream, royalties payable, financing and capital activities, contingent liabilities, and environmental matters. By its very nature, such forward-looking information requires Redhawk to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.

The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, Redhawk does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. The forward-looking information contained in this press release is expressly qualified by this cautionary statement.

R. Joe Sandberg, CPG, a Qualified Person under the meaning of NI 43-101, is responsible for the technical content of this news release.

About Redhawk

Redhawk is a Canadian-based resource exploration and development company with an operations office located in San Manuel, Arizona. Redhawk's primary focus is on the accelerated development of its advanced stage Copper Creek copper-molybdenum project near San Manuel, Arizona. Redhawk also has two gold projects in Nevada.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. The securities offered have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and many not be offered or sold in the United States except in certain transactions exempt from the registration requirements of the U.S. Securities Act and applicable states securities laws.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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