Redhawk Resources, Inc.

Redhawk Resources, Inc.

November 02, 2005 18:08 ET

Redhawk Closes Arizona Copper Project Acquisition

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 2, 2005) - Redhawk Resources, Inc. (TSX VENTURE:RDK) is pleased to announce that it has closed the acquisition of the copper project in Arizona known as the Copper Creek Project, in consideration of the payment to the vendor of a total purchase price of $1,600,000 and annual Advance Royalty Payments of $125,000, the first payment of which has been made. Redhawk has also agreed to pay a 2.25% Royalty Payment from any Commercial Production from the Copper Creek Project until Redhawk has paid the vendor a total of $25,000,000 in combined Advanced Royalty Payments and Royalty Payments.

Reference is made to Redhawk's website at for information on its wholly owned Copper Creek Project.

The TSX Venture Exchange has neither approved nor disapproved this release.

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