Friday, Nov 29, 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."
