Redhawk Resources, Inc.
TSX VENTURE : RDK
FRANKFURT : QF7

Redhawk Resources, Inc.

November 07, 2006 09:00 ET

Redhawk Resources, Inc.: Diamond Drilling Program to Commence at Copper Creek

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 7, 2006) - Redhawk Resources, Inc. (Redhawk) (TSX VENTURE:RDK) (FRANKFURT:QF7) is pleased to announce that the first phase of a planned multi-stage surface diamond drilling program is soon to commence at its Copper Creek Property in Pinal County, Arizona. Copper Creek is located in the southwest porphyry copper belt, 75 road miles northeast of Tucson and 15 miles northeast of San Manuel. The property hosts multiple copper-molybdenum breccia and porphyry deposits, several of which have been extensively explored by previous operators. There has been a total of about 400,000 feet of rotary and diamond drilling completed on the property.

This will be Redhawk's first drilling program since the property was purchased from AMT (USA) Inc. in August, 2005. The work will be carried out by Frontier Drilling LLC of Tucson who have been awarded an initial contract for 10,000 feet of drilling, at an estimated cost of $US650,000. A drilling permit has been received from the Arizona Department of Water Resources and the contractor is in the process of mobilizing to site. Drilling is expected to commence this week.

The drilling program follows up on an extensive work program by Redhawk of relogging and sampling of some 80,000 feet of existing drill core, from which an updated mineral resource estimate on the Mammoth, Childs-Aldwinkle and Old Reliable breccias and the Keel porphyry type deposit, has been developed by Independent Mining Consultants Inc. Details of this resource estimate were issued in a press release, dated September 19, 2006.

The aim of the drill program is to expand the Mammoth deposit boundaries, test the deeper Keel zone for resource expansion and to explore newly defined targets to increase the overall resource potential of the property. The initial drilling will be on the Mammoth deposit where a total of nine holes are planned. Three holes are planned to test the western contact of the breccia, three to test the northeast and southeastern areas and three holes will drill for the northward continuation of the mineralization.

Unlike much of the past drilling, which was entirely within the breccia body, the currently proposed holes are oriented to cross the breccia (and mineralization) in a direction more normal to the axis of the body and to test the contact zones, where some of the best mineralization is projected to occur, and where there is potential for expansion of the mineral resource.

In addition to the Mammoth drilling two holes are currently planned to test the southward continuation of the Keel zone and two exploration holes are proposed to test strong copper and molybdenum anomalies in the vicinity of the Mammoth deposit.

Details of the proposed drill hole locations can be found on the Company's website at www.redhawkresources.com.

Redhawk wishes to issue a correction to the press release issued September 19, 2006. In the second paragraph the combined measured and indicated resource was stated as 6.387 million tonnes; this should have read 6.387 million tons. The summary resource figures in the accompanying table were correctly stated in short tons.

R. Joe Sandberg, CPG, a Qualified Person under the meaning of NI 43-101, is responsible for the technical content of this news release.

About Redhawk

Redhawk is a Canadian-based resource exploration and development company with projects in Arizona, Nevada and British Columbia. Redhawk's primary focus is on the accelerated development of its advanced stage Copper Creek copper-molybdenum project in San Manuel, Arizona and the evaluation of re-opening the Annex mine at the ReMac zinc-lead-silver property near Trail, British Columbia. Redhawk also has two gold properties in Nevada.

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

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