Redhawk Resources, Inc.

Redhawk Resources, Inc.

January 05, 2005 14:23 ET

Redhawk Resources, Inc.: Ramona Gold Survey Gives Positive Results


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: REDHAWK RESOURCES, INC.

TSX VENTURE SYMBOL: RDK

JANUARY 5, 2005 - 14:23 ET

Redhawk Resources, Inc.: Ramona Gold Survey Gives
Positive Results

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 5, 2005) - Redhawk
Resources Inc. (TSX VENTURE:RDK) is pleased to announce receipt of the
Report (entitled "Results From Gradient Array Grid Resistivity Survey")
by Practical Geophysics of Spring Creek, Nevada on the Gradient Array
Grid Resistivity and Spontaneous Potential Surveys (GAR/SPG) completed
in November at the Company's Ramona Gold Project. Ramona Gold is located
in Mineral County, Nevada, 12 miles southeast of Hawthorne along the
Aurora-Borealis sub-trend of the prolific Walker Lane precious metals
mineralized trend.

The project covers approximately one square mile immediately west of the
Freedom Flats open pit, one of several pits previously mined by Echo Bay
Mines Ltd. along the east-northeast trend in the Borealis gold mine
area. Gryphon Gold Corporation is re-developing the Borealis property
under an option from Golden Phoenix Minerals, Inc. According to the
Golden-Phoenix website, the Borealis mine re-start is scheduled for late
2005 (see www.golden-phoenix.com for details of Gryphon's latest
Borealis project/resource update).

The epithermal gold deposits at Borealis are hosted within zones of
intense silicification in Tertiary volcanics. The deposits are
structurally controlled and located along a series of high angle
east-northeasterly trending normal faults. The trend of these en echelon
gold deposits continues underneath shallow alluvium cover onto the
Ramona Gold property.

The GAR/SPG survey technique was used at Ramona was previously employed
successfully by Redhawk at its Alien Gold project in identifying zones
of silicification and strong clay alteration associated with high angle
structures, both in outcrop and under alluvial cover.

The Ramona survey results indicate probable high angle fault geometry
with the primary elements striking east-northeasterly. Associated with
these structures are numerous linear high resistivity anomalies possibly
associated with silicification. The pervasive low resistivity response
background is likely associated with the expected argillization of
volcanic host rocks typical of high sulphidation epithermal deposits.

In many instances the northeast striking high resistivity linears have
coincident anomalous SPG responses, indicative of oxidizing veined
sulphides. These anomalous electrical characteristics of the surveyed
area are consistent with those expected from the structure,
mineralization, and alteration features known to occur at Borealis.

A resistivity line using different electrode geometry was run coincident
with one of the GAR grid lines in the southeastern portion of the grid.
This area was chosen because it is along the southwestward projection of
the Freedom Flats structural zone.

These readings confirmed the high resistors identified in the GAR survey
and indicate a shallow depth to bedrock in this area of between a few
tens of feet to a few hundreds of feet. The dipole-dipole readings also
suggest the possibility of flat lying silicified zones in this area.
Relatively flat lying silicification or "vuggy silica" zones are a host
to higher-grade mineralization in several of the adjoining Borealis gold
mine project open pit deposits.

The GAR/SPG survey results are consistent with expectations and will
provide Redhawk with valuable information to assist in placing drill
hole locations for the Phase One reverse circulation (RC) drill program
now being planned for the initial 2005 field program at Ramona Gold.

R. Joe Sandberg, AIPG Certified Professional Geologist #8322 and
Qualified Person under NI 43-101, was present during and supervised the
GAR/SPG survey, and is responsible for the technical content of this
news release.

The complete GAR/SPG technical report including maps and plans and
further Redhawk project and corporate information is available for
viewing on the Company's website at www.redhawkresources.com.


-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Redhawk Resources, Inc.
    Kristian Ross
    President
    (604) 681-9501 ext. 106
    (604) 681-6813 (FAX)
    or
    Redhawk Resources, Inc.
    Robert McAllister
    Investor Relations
    (403) 251-6671
    Email: inquiries@redhawkresources.com
    Website: www.redhawkresources.com
    The TSX Venture Exchange has neither approved nor disapproved this
    release.