Gold Hawk Resources Inc.
TSX VENTURE : CGK

Gold Hawk Resources Inc.

June 13, 2008 09:09 ET

Gold Hawk Seeks Long-Term Tailings Handling Solution Due to Ground Displacement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 13, 2008) - Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE:CGK) provides an update on its Coricancha mine 90 kms east of Lima, Peru.

Based on recent observations and the data collected to date regarding ground displacement, Gold Hawk management announces its intention to seek a long-term tailings handling solution using an accelerated approach in cooperation with area communities and other stakeholders. The Company will no longer seek final approval for use of the Southern Extension tailings area.

The Company's "Chinchan" tailings handling site located 30 kms from the processing plant is in the engineering stage. The site is located on 40 hectares of near-level ground and has more than 20 years of capacity.

The Company's geotechnical consultants continue to gather and analyze data and will provide management with an update in the near future.

Please see the Company's complete media releases regarding the initial response on May 9, 2008: (http://www.goldhawkresources.com/en/uploads/news-files/05-09-08_management_response.pdf) and the May 23, 2008 update regarding the initial assessment provided to the Company by its geotechnical consultants: (http://www.goldhawkresources.com/en/uploads/news-files/05-23-08_response_update.pdf).

Additional updates will be issued promptly as information becomes available.

About Gold Hawk Resources Inc.

Gold Hawk is a Canadian based precious and base metals producer with reserves and resources containing gold, silver, lead, zinc and copper. Since the acquisition of the wholly owned Coricancha mine in Peru in March 2006, the mine and concentrator were refurbished and commercial production status was achieved on October 1, 2007. The rated capacity of the processing facility is approximately 600 tonnes of ore per day, with potential for expansion to 900 tonnes by the end of 2008. The Company, through its subsidiary, Compania Minera San Juan (Peru) S.A., has approximately 600 employees.

Gold Hawk is based in Vancouver, British Columbia, Canada and trades on the TSX-V under the symbol CGK, and is operated by an experienced management team. The Company also has exploration properties in Peru and Canada (Quebec), and is actively pursuing other growth opportunities.

This press release includes "forward looking statements", within the meaning of applicable securities legislation, which are based on the opinions and estimates of management and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar words suggesting future outcomes or statements regarding an outlook. Such risks and uncertainties include, but are not limited to, risks associated with the mining industry (including operational risks in exploration development and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainties involved in the discovery and delineation of mineral deposits, resources; the uncertainty of resource estimates and the ability to economically exploit resources; the uncertainty of estimates and projections in relation to production, costs and expenses; the uncertainty surrounding the ability of Gold Hawk to obtain all permits, consents or authorizations required for its operations and activities; and health and safety and environmental risks), the risk of commodity price and foreign exchange rate fluctuations, the ability of Gold Hawk to fund the capital and operating expenses necessary to achieve the business objectives of Gold Hawk, the uncertainty associated with commercial negotiations and negotiating with foreign governments and risks associated with international business activities, as well as those risks described in public disclosure documents filed by Gold Hawk. Due to the risks, uncertainties and assumptions inherent in forward-looking statements, prospective investors in securities of Gold Hawk should not place undue reliance on these forward-looking statements.

Readers are cautioned that the foregoing lists of risks, uncertainties and other factors are not exhaustive. The forward-looking statements contained in this press release are made as of the date hereof and Gold Hawk undertakes no obligation to update publicly or revise any forward-looking statements contained in this press release or in any other documents filed with Canadian securities regulatory authorities, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

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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