Gold Hawk Resources Inc.

Gold Hawk Resources Inc.

November 22, 2010 07:00 ET

Gold Hawk Signs Contract With Tetra Tech for Oracle Ridge Copper Mine

Environmental Baseline Studies and Environmental Permitting Process to Begin

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 22, 2010) - Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE:GHK) announces the signing of a contract with Tetra Tech, a U.S.-based company with 330 offices worldwide, for environmental baseline studies and environmental permitting for the Oracle Ridge Copper Mine, located in Pima County, Ariz.

Oracle Ridge Copper Mine's team consists of Mr. Vic Rozon, Vice President of Operations, and Mr. Bruce Riederer, Project Manager.

"This is a critical first step in our journey to bring the Oracle Ridge Mine back into production," said Mr. Rozon. "We are confident in the expertise Tetra Tech brings to our team and look forward to working with them throughout the environmental permitting process."

Located on private land, the Oracle Ridge Copper Mine is an underground copper mine with 11 miles of underground workings and has not been in production since 1996. Once permitted, the mine is anticipated to process an estimated 2,000 tons of ore per day, employ approximately 180 people and utilize sustainable and best available demonstrated control technologies, engineering and environmental practices.

Tetra Tech's team, located in Tucson, Ariz., is lead by Ms. Kristie Kilgore, Senior Environmental Project Manager, and includes team members specializing in National Environmental Policy Act (NEPA); air, stormwater and aquifer protection permitting; and the public process. The Tetra Tech team will be supported by local firm AZTLAN Archeology.

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 24 km northeast of Tucson, Arizona. Gold Hawk has working capital of approximately $25 million, minimal long-term debt and is managed by an experienced team of mining professionals with extensive operating experience.

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 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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