🕐11.07.11 - 16:54 Uhr

HAWKEYE GOLD (HGO.V) SCOTIA PROPERTY RESULTS



SCOTIA PROPERTY WORK PROGRAM RESULTS
Symbol C : HGO <../Quote/Detail.aspx?symbol=HGO®ion=C> Shares Issued 15,771,547 Hawkeye Gold & Diamond Inc.

is in receipt of results for a prospecting and geochemical sampling program for work that was performed on its Scotia property.

The company can earn up to a 60-per-cent interest in the Scotia massive sulphide property which totals 8,366.41 hectares and is located 42 kilometres east-southeast of Prince Rupert situated in the Skeena mining district of British Columbia.

The Scotia property is a polymetallic zinc, lead, silver, gold and copper massive sulphide project and has incurred previous drilling over its known mineralized zone known as the Albere zone. A resource estimate using a 1% Zinc cut-off for the Albere Zone conducted by Giroux Consultants Ltd.

(2009) is incorporated into a 43-101 report announced by HAWKEYEs partner Geo Minerals Ltd.

(TSX.V: GM) via a news release dated January 11, 2010 has estimated that the Measured + Indicated resource within the Mineralized Shell is 802,000 grading 4.87% Zn, 13.87 g/t Ag, 0.53% Pb, 0.09% Cu and 0.17g/t Au.

The Total Measured plus Indicated Resource for the Albere Zone was calculated to be 876,000 tonnes grading 4.35% Zn, 12.29 g/t Ag, 0.47% Pb, 0.08% Cu, and 0.15 g/t Au. The same resource estimate indicates that there is an additional 702,000 tonnes within the mineralized shell at the Albere Zone classed as Inferred grading 4.47 % Zn, 13.74 g/t Ag, 0.45 % Pb, 0.10 % Cu, and 0.19 g/t Au.

No economic parameters have been defined by the current Resource Estimate as to an appropriate cut-off for various types of mining.

The Albere zone is open on strike to the northwest and open down dip to the west. A multi-parameter airborne geophysical survey was conducted over the Scotia Property during August, 2008.

The airborne geophysical survey identified five first order anomalies, including the outcropping Albere Zone and approximately 14 secondary anomalies and anomalous trends.

A geochemical sampling program was conducted during fall, 2010 to test selected airborne anomalies to determine if polymetallic geochemical anomalies are present. The 2010 field exploration program consisted of a geochemical survey targeted on selected Airborne Anomalies similar to the anomaly generated by the Albere zone.

A total of 64 rock chip, 136 moss mat - active stream sediment and 67 soil samples were taken.

Samples were flown by helicopter to Prince Rupert and transported by truck and delivered to Acme labs processing facility on Powell Street, Vancouver for analysis. Virtually all Airborne Anomalies sampled returned geochemically anomalous or elevated values for the various sample types taken and values of over 1,000 ppm Zn were encountered from "in place" rock chip sampling in the general vicinity of the Albere Zone. Additional prospecting and follow-up geochemical sampling is warranted to attempt to discouver clustered VMS occurrences similar to the Albere Zone that may be present on the property. Mr.

Arne O.

Birkeland, P.Eng., acting as Qualified Person as defined by National Instrument 43-101 for the Scotia Property is responsible for the technical information reported in this news release. HAWKEYE GOLD & DIAMOND INC.
Toll Free: 1-800-665-3624 Email: Vancouver: 1-604-878-1339 Web Site: www.hawkeyegold.com



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