AMT

Redhawk Resources, Inc. ("Redhawk" or the "Company") (TSX
VENTURE:RDK)(FRANKFURT:QF7) is pleased to announce the Company through its
wholly owned US subsidiary Redhawk Copper, Inc. has entered into an agreement
with AMT (USA) Inc. ("AMT") (the" Agreement") to buyout the 2.25% Net Smelter
Royalty ("NSR") retained by AMT as part of the original Copper Creek property
acquisition agreement. The Agreement requires a payment of $350,000 on court
approval and a further $950,000 in quarterly payments over an eighteen month
period. The Agreement also calls for a further $500,000 payment should the
Company enter into a major transaction during the two year period after closing.
AMT is in Chapter 7 bankruptcy and therefore the Agreement remains subject to
court approval which is expected within 60 days. Currently the agreement between
Redhawk and AMT requires an annual $125,000 advance royalty payment and has a
cap of $25 million.


Stephen Barley, Managing Director of Redhawk commented: "This is a beneficial
arrangement for both parties. Redhawk reduces the royalty burden on Copper Creek
improving the financial return on our project and the arrangement accelerates
payments to AMT's creditors."


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 seven square miles of almost totally
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 smelter. The area is a mining friendly and politically secure
location with excellent and readily accessible infrastructure. 


ON BEHALF OF THE BOARD 

J. Stephen Barley, Managing Director 

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.

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