Gold Hawk Resources Inc.
TSX VENTURE : CGK

Gold Hawk Resources Inc.

August 15, 2005 11:53 ET

Gold Hawk: Grant of Stock Options

TORONTO, ONTARIO--(CCNMatthews - Aug. 15, 2005) - Gold Hawk Resources Inc. (TSX VENTURE:CGK)(the "Company" or "Gold Hawk") announces that the directors of Gold Hawk have granted, subject to regulatory approval, options to purchase an aggregate of up to 350,000 common shares of the Company to directors, officers and an employee of the Company at an exercise price of $0.15 per common share pursuant to Gold Hawk's stock option plan. The options will expire on August 11, 2010. The common shares issueable under the options will be subject to a hold period, which expires on December 13, 2005.

3,250,000 common shares are reserved for issue under the Company's stock option plan. Including the options to purchase an aggregate of up to 350,000 common shares noted above, options to purchase an aggregate of up to 3,200,000 common shares have now been granted under the Company's stock option plan with options to purchase an aggregate of up to 50,000 common shares available for issue under such stock option plan.

Gold Hawk Resources Inc. is a precious metals exploration company with gold exploration properties in Peru and Quebec. The Company has 42,167,377 common shares outstanding.

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

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