Redhawk Reports 175% Increase in Resources at Copper Creek

VANCOUVER, BC - Redhawk Resources, Inc. has received the preliminary results of an updated independent NI 43-101 compliant mineral resource estimate for its Copper Creek property, located in Pinal County, Arizona. The new estimate at a 0.2% CuEq cutoff has increased the total pounds of copper to 4.45 billion pounds in the combined measured and indicated categories contained in 502 million tons grading 0.49 CuEq and 3.30 billion pounds in the inferred category, contained in 481 million tons grading 0.38% CuEq. This represents an increase of more than 175% from the September 2008 independent NI 43-101 resource estimates. A NI 43-101 technical report will be completed within 45 days.

The current estimates are based on metal prices of US$3.00 per pound Cu equivalent and contained within an open pit geometry using industry comparable estimates for direct mining, milling, and G&A costs. The ratios for calculating copper equivalent (CuEq) are based upon US$2.75/lb Cu, US$12.00/lb Mo, and US$20.00 per troy ounce Ag and recoveries of 90% for copper, 80% for molybdenum, and 90% for silver. The estimate was prepared by industry recognized Independent Mining Consultants ("IMC") of Tucson, Arizona.

The above referenced IMC resource summary utilized cutoff grades varying from 0.20% to 0.40% CuEq. The 0.20% cutoff is highlighted as it reflects the potential economics of large scale open pit mining. The resources at higher cutoffs are presented to show how resources are affected by changes in cutoffs. Grades and copper equivalent grades (CuEq) shown are before processing and smelting recoveries.

The drilling assay information used in the models was updated as of the end of March 2012. Redhawk has drilled 119,394.4 feet in 32 drill holes during the 2010 thru March 2012 period. Redhawk drilled 48,193 feet in 42 drill holes during the 2006 thru 2008 drilling programs that were used in the 2008 resource estimate. The resource model also utilizes the verifiable drilling data from other entities drilled before Redhawk's acquisition of the property that totals 461,230 feet in 401 drill holes. The mineralization was modeled using an upper domain containing most of the breccia hosted mineralization and areas of mineralization contained within steeply dipping structural zones. The breccia models used the outlines of the breccia bodies as limits to the grade estimates and/or a breccia identifier from geologic logging. There is isolated mineralization to the exterior of the breccia bodies and the estimate of grade of this mineralization was made using a polygonal estimation with a limited search distance. The lower domain is the main porphyry mineralized zone characterized by consistent mineralization and strong moderate to low angled veining. The grades within each mineralization zone were estimated using inverse distance to the tenth power. The block size used was 100 feet horizontal x 100 feet horizontal x 25 feet vertical. Blocks in the Indicated resource category require assay composites from three drill holes within a 500 foot radius in the upper zone and from a minimum of six drill holes in the lower zone.

It is important to note there are a number of blocks of mineralization in the total block model that have sufficiently high grades and in large enough coherent shapes to potentially be minable with some method of bulk mining, however as these blocks are not contained within the current open pit geometry they are not included in the resources listed in this report. This current resource also does not include information from ongoing drilling after the end of March which will be reported at a later date.

R. Joe Sandberg, President of Redhawk commented, "This is a large step forward in demonstrating that our Copper Creek property is a large porphyry copper/molybdenum system similar to existing large scale operations in Arizona. The current resource remains open in all directions and the majority of the original seven square mile property containing the hydrothermal breccia bodies and strong alteration remains to be tested. We have now commenced our Pre-Feasibility Study and will continue with efforts to expand our resource and move Copper Creek closer to a production decision."

The assessment above is preliminary in nature. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the preliminary assessment will be realized.

The company's address is Suite 1220, 1066 West Hastings Street, Vancouver, BC V6E 3X1, 604.633.5088, fax: 604.633.5098, email: [email protected].