Redhawk Resources, Inc.

Redhawk Resources, Inc.

November 27, 2013 15:18 ET

Redhawk Commences Drilling Program on New Northwest Resource Expansion Target

Drilling of New District Target to Potentially Expand Beyond 25,000 stpd Operation

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2013) - Redhawk Resources, Inc. ("Redhawk" or the "Company") (TSX:RDK)(OTCQX:RHWKF)(FRANKFURT:QF7) announces that further to the news release of October 10, 2013, the Company has started its drilling program on the Prospect, Dark Canyon and Cougar targets. Three years ago it was realized that Copper Creek is an "early halo type" copper porphyry system which has led to substantial advancements in the geologic model for the project. It was determined that at least two pulses of early halo veins are present, with one outcropping at surface. Surface mapping over the existing American Eagle resource has shown a strong correlation between surface vein intensity and mineralization at depth. Redhawk has completed mapping of vein intensity and styles across the majority of the property, resulting in outlining two large populations of intense veining at the surface. One of these vein zones closely maps the "footprint" of the known American Eagle copper resource. The second target zone is the same size or larger than the known resources area and is centered 6,500 feet (2 kilometers) to the northwest in an area with very sparse drilling known as Prospect, Dark Canyon and Cougar. This intensely veined zone is clearly distinct from the American Eagle resource zone, and has the potential of representing a separate hydrothermal "cell" (see attached map showing the target area).

R. Joe Sandberg, President and CEO of Redhawk stated: "The current American Eagle deposit and resource based on an evaluation at the Preliminary Economic Assessment stage should support a 25,000 short tons per day (stpd) operation (9,125,000 short tons per year) producing an estimated average of 121 million pounds of copper per year plus molybdenum and silver by-products. This is a significant operation resulting from the less than 10% of the entire Copper Creek land package that has been adequately explored. The many options for resource expansion include in-fill drilling of the existing resource; short step outs as the resource is open in most directions; drilling of the potential deeper layered system underlying the American Eagle resource; and district exploration to discover a separate hydrothermal cell that may connect with the existing resource. The Prospect, Dark Canyon and Cougar district exploration target is a large area of strong alteration and surface veining that has never received adequate exploration as the lack of identification and understanding of the Copper Creek "early halo" vein system resulted in limited drilling in the area. We feel this area has a strong potential for hosting a significant body of mineralization and has the potential to be a second resource that could efficiently feed the same mill resulting in an even larger operation than the current 25,000 stpd under the PEA. In the large target rich Copper Creek porphyry system and based upon a careful prioritization process, we have chosen Prospect, Dark Canyon and Cougar as the main focus of this drill program which is expected to take approximately three to four months to complete."

About Redhawk

Redhawk is a Canadian-based resource exploration and development company with primary focus on the accelerated development of its advanced stage Copper Creek copper-molybdenum project in San Manuel, Arizona. The 100% owned Copper Creek property consists of approximately thirty-three square miles of contiguous patented and unpatented mining claims and state prospecting permits, located about 70 miles northeast of Tucson, Arizona and about 15 miles east of San Manuel. The property is in the prolific southwest US porphyry copper belt at the projected intersection of a major northwest belt of porphyry copper deposits or mines (Ray, Miami/Globe, Superior/Resolution, Johnson Camp) and a major east-northeast belt of porphyry deposits (San Manuel/Kalamazoo, Silver Bell, Lakeshore, Safford, Morenci). The property is within sight of the former BHP Kalamazoo/San Manuel copper smelter and mine and within 30 miles of an existing operating copper mill and smelter. The area is a mining friendly and politically secure location with excellent and readily accessible infrastructure including power, rail, water, roads and qualified consultants.


R. Joe Sandberg, President & CEO

Cautionary Note Regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information within the meaning of applicable securities laws. These forward looking statements relate to future events or the Company's future performance, business prospects or opportunities. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect, "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "outlook" and similar expressions) are not statements of historical fact and may be forward looking information. Forward-looking information includes, but is not limited to, statements with respect to potential new deposits and resources within the Prospect and Dark Canyon targets and any related increase in the size and scope of the Copper Creek project, and completion of the planned drill program on the Prospect and Dark Canyon targets. The Company believes that the expectations reflected in such forward looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. These statements speak only as of the date of this press release. The Company does not intend, and does not assume any obligation, to update any forward-looking information except as required by law. Forward looking information involves risks and uncertainties which may cause actual results to be materially different from those expressed or implied by such forward looking information. Such risk and uncertainties relate to, among other things, the results of exploration and development activities, including the planned drill program, the availability of materials and equipment, changes in commodity prices and, particularly, copper prices, as well as those factors discussed in the section entitled "Description of the Business - Risk Factors" in the Company's Annual Information Form for the year ended March 31, 2013, available on

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