Redhawk Resources Announces Results of Continuing 2011 Resource Expansion and Upgrade Drilling at Copper Creek Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 15, 2012) - Redhawk Resources, Inc. (TSX:RDK)(OTCQX:RHWKF)(FRANKFURT:QF7) -

• Additional drilling encounters thick mineralized zones including:
  • 1520 ft. (463m) 0.32%Cu, 0.004% Mo, 0.78 ppm Ag
  • 1301 ft. (396.5m) 0.45% Cu, 0.008% Mo, 0.75 ppm Ag
  • 606 ft. (185m) 0.42% Cu, 0.021% Mo, 0.70 ppm Ag
  • 998 ft. (304m) 0.31% Cu, 0.005% Mo, 1.30 ppm Ag
    

• Significant high grade zones including:
  • 126 ft. (38.4m) 0.75% Cu. 0.010% Mo, 1.22 ppm Ag
  • 270 ft. (82.3m) 0.62% Cu, 0.003% Mo, 0.96 ppm Ag
  • 110 ft. (33.5m) 0.78% Cu, 0.028% Mo, 1.17 ppm Ag
  • 112 ft. (34.1m) 0.73% Cu, 0.002% Mo, 1.93 ppm Ag
  • 224 ft. (68.3m) 0.58% Cu, 0.027% Mo, 0.99 ppm Ag
  • 25 ft. (7.6m) 2.41% Cu, 0.207% Mo, 27.99 ppm Ag
  • 125 ft. (38.1m) 0.87% Cu, 0.050% Mo, 7.79 ppm Ag
    

• Infill drilling continues to confirm grade and continuity of porphyry zones
  

• Assay results pending on a further four drill holes
  

• Two core drills continue working on completion of 2011 drill program

Redhawk Resources, Inc. ("Redhawk" or the "Company") is pleased to announce the results of six additional drill holes of the 2011 resource expansion and definition program. (See attached map for drill hole locations: http://media3.marketwire.com/docs/rdk-0315-map1.pdf.)

2011 Resource Expansion and Upgrade Drill Program

The 2011 drill program is focused on increasing the connection and consequent resource expansion between the Keel and American Eagle (AE) porphyry areas and infill drilling to move a considerable portion of the AE resource and more of the Keel resource into the Measured and Indicated categories for a Pre-Feasibility Study that is currently underway.

Since the results from earlier drilling of the 2011 program (see prior news releases dated June 1, 2011, September 12, 2011, November 29, 2011, and January 24, 2012), assay results for six additional core holes have now been received for:

1. RAE-11-057 drilled S3E at -82.5 degrees to total depth 3727 feet (1136m)
2. RAE-11-058 drilled N30W at -85 degrees to total depth 4048 feet (1234m)
3. RAE-11-059 drilled S78E at -84 degrees to total depth 4387 feet (1337m)
4. RAE-11-062 drilled vertical to a total depth of 3887 feet (1185m)
5. RMK-11-065 drilled N27E at -88 degrees to a total depth of 4217 feet (1285m), and
6. RMK-11-067 drilled S58E at -84 degrees to total depth 4162 feet (1269m)

Significant intervals are shown below. All of the holes are infill/resource upgrade holes in the AE and Keel resource areas. Holes RAE-11-058 and RAE-11-059 are also an oriented core geotech hole.

Assay results are in progress on several additional completed holes. In addition, two core drill holes are in progress and four more drill holes remain to be completed under the 2011 plan. Results will be reported when assays are finalized.

RAE-11-057
Start ft	end ft	thickness ft	Cu%	Mo%	Ag ppm
1440	1447	7	0.60	0.002	1.42
1506	1512	6	0.72	0.002	1.69
1527	1549	22	0.70	0.002	2.79
1566	1608	42	0.74	0.003	2.27
1664	3184	1520	0.32	0.004	0.78
Including
1754	1879	125	0.43	0.002	1.34
1928	1964	36	0.63	0.002	1.39
2067	2193	126	0.75	0.010	1.22
2217	2237	20	0.55	0.002	0.62
2570	2595	25	0.38	0.002	0.42
2623	2652	29	0.45	0.002	0.45
2687	2717	31	0.46	0.004	0.49
3284	3404	120	0.20	0.013	0.47
3504	3534	30	0.17	0.019	0.69
3584	3624	40	0.18	0.010	0.55
3687	3717	30	0.18	0.013	0.71
RAE-11-058
Start ft	end ft	thickness ft	Cu%	Mo%	Ag ppm
133	247	114	0.25	0.001	0.64
466	677	211	0.36	0.001	0.74
Including
546.5	567	20.5	0.78	0.001	1.28
837	948	111	0.24	0.001	0.77
2023	2058	35	0.33	0.005	1.06
2218	2277.5	59.5	0.34	0.006	0.95
Including
2264	2277.5	13.5	0.75	nil	1.38
2318	2628	310	0.33	0.003	0.59
Including
2448	2508	60	0.64	0.003	0.88
2658	2978	320	0.33	0.003	0.56
Including
2658	2698	40	0.42	0.001	0.59
2808	2854	46	0.58	0.004	0.62
3058	3155	97	0.27	0.002	0.37
3187.5	3328	140.5	0.31	0.007	0.44
Including
3228	3254	26	0.43	0.010	0.54
3272	3308	36	0.37	0.012	0.54
3386.5	3528	141.5	0.21	0.013	0.46
3678	3748	70	0.28	0.012	0.64
3776.5	3847	70.5	0.19	0.008	0.43
3984	4034.5	50.5	0.26	0.004	0.76
RAE-11-059
Start ft	end ft	thickness ft	Cu%	Mo%	Ag ppm
110	205	95	0.34	0.001	1.07
356	460	104	0.31	0.001	1.67
550	580	30	0.60	0.001	1.74
620	670	50	0.37	0.004	1.26
950	960	10	0.91	0.006	4.57
995	1195	200	0.23	0.001	0.65
1815	1885	70	0.24	0.001	0.88
2025	2050	25	0.59	0.002	2.65
2119	3420	1301	0.45	0.008	0.75
Including
2119	2185	66	0.54	0.003	1.07
2208	2233	25	0.79	nil	0.95
2410	2680	270	0.62	0.003	0.96
2940	3000	60	0.60	0.016	1.0
3160	3270	110	0.78	0.028	1.17
3420	3990	570	0.20	0.012	0.46
Including
3930	3950	20	0.28	0.043	0.51
3970	3990	20	0.22	0.037	0.60
4030	4060	30	0.12	0.022	0.33
4220	4387td	167	0.16	0.020	0.66
RAE-11-062
Start ft	end ft	thickness ft	Cu%	Mo%	Ag ppm
1000	1040	40	0.33	nil	0.93
1060	1140	80	0.29	0.001	0.57
1200	1220	20	1.40	0.001	2.82
1657	1750	93	0.32	0.004	0.85
2425	2446	21	0.31	0.011	0.86
2466	2610	144	0.27	0.003	0.83
Including
2530	2550	20	0.57	0.003	2.02
2650	3013	363	0.43	0.004	1.20
Including
2673	2785	112	0.73	0.002	1.93
3064	3079	15	0.29	0.001	0.51
3109	3715	606	0.42	0.021	0.70
Including
3334	3371	37	0.59	0.029	0.79
3471	3695	224	0.58	0.027	0.99
3815	3875	60	0.22	0.006	0.32
RMK-11-065
Start ft	end ft	thickness ft	Cu%	Mo%	Ag ppm
1948	1988	40	0.23	0.005	0.40
2012.5	2040	27.5	0.20	0.003	0.37
2255	2295.3	40.3	0.19	0.004	0.32
2547	3545	998	0.31	0.005	1.30
Including
2557	2944.5	387.5	0.40	0.004	1.88
3517	3537	20	0.28	0.083	1.67
3757	3807	50	0.20	0.065	0.97
4046.6	4095.6	48.9	0.24	0.013	1.21
4146	4207	61	0.20	0.023	1.02
RMK-11-067
Start ft	end ft	thickness ft	Cu%	Mo%	Ag ppm
582	604	22	0.34	0.013	1.48
1038.5	1066	27.5	0.24	0.005	0.77
1106	1158	52	0.33	0.001	1.29
1256	1290	34	0.20	0.009	1.12
1620	1637	17	0.26	0.064	1.22
1807	1847	40	0.14	0.050	0.39
1927	1947	20	0.23	0.022	0.60
2321	2522	201	0.30	0.002	0.41
Including
2452	2492	40	0.49	0.003	0.68
2595	3368	773	0.35	0.018	2.39
Including
2643	2660	17	0.72	0.021	2.59
2695	2722	27	0.43	0.004	2.69
2764	2853	89	0.44	0.019	3.12
2908	2939	31	0.55	0.014	2.75
3104	3129	25	2.41	0.207	27.99
3387	3973.5	586.5	0.33	0.020	2.50
Including
3614	3739	125	0.87	0.050	7.79
4020	4041	21	0.15	0.029	0.80

True thicknesses have not been determined.

(ft = feet,% = percentage, ppm = parts per million, na = not assayed, Cu = copper, Mo = molybdenum, Ag = silver, nil = below detection)

The results from the infill and expansion drill holes reported above and in previous releases continue to demonstrate the continuity of mineralization between the Keel and AE and between the wider spaced historical drill holes. The thick continuous intercepts of significant mineralization are very encouraging and support Redhawk's concept of a large porphyry copper district at Copper Creek.

R. Joe Sandberg, Redhawk President and CEO, stated: "Redhawk's 2011 resource upgrade and expansion drilling program continues to produce very encouraging results. The drilling results through the first week of March have been sent to Independent Mining Consultants (IMC) in Tucson, AZ and will be the basis of a new resource update scheduled for completion before the end of April. The updated resource from IMC plus the additional permitting, hydrology, metallurgical testing, geotechnical work, and conceptual mine planning that are in progress will be the basis for a Pre-Feasibility Study targeted for completion in the fall of 2012. We believe the outcome of these efforts will continue to move Copper Creek closer to a production decision."

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

All core samples are picked up on site by Redhawk geologists or delivered by the drillers to Redhawk personnel. All samples are delivered by Redhawk personnel to ALS Laboratory Group ISO 9001:2000 & ISO 17025 in Elko, NV or Reno, NV for assay or to Jacobs Assay Office Registered Assayers in Tucson, AZ for sample preparation to pulps and shipped by Jacobs using UPS to ALS in Reno, NV. Check assay standards are submitted with each assay job, and reviewed for accuracy. Check assaying is being performed by Inspectorate and KD Engineering/Metcon.

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 twenty-eight 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.

ON BEHALF OF THE BOARD

R. Joe Sandberg, President & CEO

The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, Redhawk does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires Redhawk to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.