Gold Hawk Resources Inc.
TSX VENTURE : GHK

Gold Hawk Resources Inc.

July 25, 2011 06:00 ET

Gold Hawk Announces Director Appointments

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 25, 2011) - Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE:GHK) announces the appointment of Mr. Mark Forsyth and Mr. Gregory Radke to the Company's Board of Directors, effective today.

Mr. Forsyth has spent 25 years working in commodity trading houses. He started his career in London in 1986 working for Marc Rich and also Pechiney World Trade. For the past nine years, he has been based in Zug, Switzerland where he was Head Trader at Marc Rich & Co Investment AG for seven years. He recently worked with the Trafigura Group where he was senior trader in Luzern, Switzerland and at the end of last year he formed his own consultancy company Cliveden AG.

"Mark's insight into the trading world is invaluable for optimizing marketing and operations strategies and he is a welcome additional to the team at Gold Hawk," said Mr. Paul Eagland, Gold Hawk's interim CEO.

Mr. Radke is General Counsel for Pala Investments AG, based in Zug, Switzerland. He is currently a director of Coalcorp Mining Inc. ("Coalcorp") and Churchill Mining. Gold Hawk and Coalcorp signed a Subscription Agreement dated October 25, 2010 wherein the parties agreed to Terms of the Offering that included an entitlement for Coalcorp to put forward a representative on the Company's Board. As reported on SEDI, Coalcorp holds 5,087,500 common shares (16.2%) of the Company. Coalcorp's entitlement remains in effect so long as Coalcorp holds not less than 5% of Gold Hawk's issued and outstanding common shares. Coalcorp put forward Mr. Radke's name recently to fulfill its entitlement.

About Gold Hawk Resources Inc.

Gold Hawk (TSX VENTURE:GHK) is a Vancouver, Canada-based company with a focus on uncovering overlooked deep-value projects to achieve superior shareholder returns. The Company is the sole owner and operator of Oracle Ridge Mining LLC and copper mine located 24 km northeast of Tucson, Arizona. Gold Hawk has cash on hand of approximately $17 million, minimal long-term debt and is managed by an experienced team of mining professionals with extensive operating and financial experience.

Forward-looking Statement Disclaimer

This document may contain "forward-looking statements" within the meaning of Canadian securities legislation. These forward-looking statements are made as of the date of this document and Gold Hawk Resources Inc. (hereinafter referred to as the "Company") does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements relate to future events or future performance and reflect management of the Company's expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, commodity prices, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.

Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Company's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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