Peruvian Government Issues Emergency Decree Regarding Ground Displacement Near Gold Hawk's Coricancha Processing Plant and Tailings Area

July 18, 2008 6:44 PM EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 18, 2008) - Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE: CGK) received notice that a "Decreto Supremo" Emergency Decree was issued today by the Presidencia del Consejo de Ministros of Peru (Presidential Council of Ministers).

The Emergency Decree declares a state of emergency in the District of San Mateo, specifically the Tamboraque hillside near the Company's Coricancha processing plant and tailings area, and calls for the relocation of these facilities.

"Although we are still in consultation with government officials as to the full impact of the Decree, we believe this Decree will expedite the required authorizations to implement measures that will minimize the risks to people, the environment and property," said Kevin Drover, President and CEO of Gold Hawk Resources.

Gold Hawk is reviewing the Emergency Decree and is preparing a certified English translation that it will make available. Spanish speakers may access the document at http://www.elperuano.com.pe/PublicacionNLD/normaslegales/wfrmNormasDia.aspx

The Company will provide more information and clarification as it becomes available.

About Gold Hawk Resources Inc.

Gold Hawk is a Canada-based precious and base metals producer with reserves and resources containing gold, silver, lead, zinc and copper. Since the acquisition of the wholly owned Coricancha mine in Peru in March 2006, the mine and concentrator were refurbished and commercial production status was achieved on October 1, 2007. The rated capacity of the processing facility is approximately 600 tonnes of ore per day. The Company, through its subsidiary, Compania Minera San Juan (Peru) S.A., has approximately 450 employees.

Gold Hawk is based in Vancouver, British Columbia, Canada, trades on the TSX-V under the symbol CGK and is operated by an experienced management team. The Company also has exploration properties in Peru and Canada (Quebec), and is actively pursuing other growth opportunities.

This press release includes "forward looking statements", within the meaning of applicable securities legislation, which are based on the opinions and estimates of management and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar words suggesting future outcomes or statements regarding an outlook. Such risks and uncertainties include, but are not limited to, risks associated with the mining industry (including operational risks in exploration development and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainties involved in the discovery and delineation of mineral deposits, resources; the uncertainty of resource estimates and the ability to economically exploit resources; the uncertainty of estimates and projections in relation to production, costs and expenses; the uncertainty surrounding the ability of Gold Hawk to obtain all permits, consents or authorizations required for its operations and activities; and health and safety and environmental risks), the risk of commodity price and foreign exchange rate fluctuations, the ability of Gold Hawk to fund the capital and operating expenses necessary to achieve the business objectives of Gold Hawk, the uncertainty associated with commercial negotiations and negotiating with foreign governments and risks associated with international business activities, as well as those risks described in public disclosure documents filed by Gold Hawk. Due to the risks, uncertainties and assumptions inherent in forward-looking statements, prospective investors in securities of Gold Hawk should not place undue reliance on these forward-looking statements.

Readers are cautioned that the foregoing lists of risks, uncertainties and other factors are not exhaustive. The forward-looking statements contained in this press release are made as of the date hereof and Gold Hawk undertakes no obligation to update publicly or revise any forward-looking statements contained in this press release or in any other documents filed with Canadian securities regulatory authorities, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Gold Hawk Resources Inc.
        Mr. Jason Mercier
        Director Investor Relations
        (604) 689-9282
        Email: info@goldhawkresources.com
        Website: www.goldhawkresources.com

Source: Gold Hawk Resources Inc.

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