Highlights:

- Gold production continues to improve, with more than 1,500 ounces of gold produced in first quarter and 585 total ounces produced in March

- Mill throughput increases in the first quarter with an average of 405 tonnes milled per day and further increases expected with the installation of press filters in the second quarter

- Press filter delivery and DMS plant construction on schedule

Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE:CGK) is pleased to provide a production update for its preliminary first quarter 2008 results at the Coricancha mine in Peru.

Significant progress was made in mine operations during the first quarter of 2008 and encouraging results have been achieved in the plant and in virtually all mill circuits in the second full operating quarter since achieving commercial production in October 2007. For the first quarter, metal recoveries and concentrate grades for silver, lead and zinc approached design specifications while average metallurgical recovery rate for gold made a 95% improvement over the fourth quarter.

First quarter lead concentrate production also showed marked improvement over the fourth quarter, with a volume increase of 30% to 666 tonnes, a 10% improvement in recoveries and an 8% improvement in grade.

"Good progress has been made on increasing gold recovery during the first quarter 2008, with gold production more than doubling over the fourth quarter 2007," said Kevin Drover, President and CEO of the Company.

"Gold Hawk continues to focus its efforts on recovery improvement and expectations are that, with improving head grades from the mine and the Dense Media Separation plant to be commissioned late in the second quarter, metal production and recovery will approach design specifications," said Mr. Drover. "While metal recoveries and grades are improving, there is still some distance to go to reach targets set prior to mine start-up and Gold Hawk management's three priorities remain increasing head grades, production rate and recovery rates in order to ultimately maximize shareholder value by increasing the efficiency of our operations."

Coricancha mine operations update

These preliminary results are for the three-month period ended March 31, 2008, which is the second full quarter of operations of the Coricancha mine since commercial start-up in October 2007. The Coricancha mine achieved an average of 405 tonnes per day (tpd) in the first quarter with 36,908 tonnes processed in total. Tonnes of ore milled improved throughout the period, from an average of 387 tonnes per day (TPD) in January, to 402 tpd in February and 427 tpd in March.

Shareholders are reminded that mill throughput remains temporarily below capacity because of tailings handling limitations, which will be remedied with the installation of new press filter equipment at the end of the second quarter.

Concentrate yields for the quarter were 781 tonnes and 666 tonnes of zinc and lead concentrate, respectively. Concentrate grades for lead and zinc have been improving since commercial production began as well as compared to fourth quarter 2007 results, with an average zinc concentrate grade of 51.4% and lead concentrate of 54.8% in the first quarter. Average mill head grades for gold and silver also show improvement quarter-over-quarter, with gold improving from 2.66 gms/tonne in the fourth quarter to 3.13 gms/tonne in the first quarter and silver improving from 81.0 gms/tonne to 94.5 gms/tonne.

Average metallurgical recoveries for all metals have steadily improved since commercial production began and recoveries continue to show significant improvements.

Coricancha mine preliminary production: first quarter 2008 vs. fourth quarter 2007

------------------------------------------------------------------------
                                              Fourth     First
                                             quarter   quarter         %
Coricancha mine production                      2007      2008  increase
------------------------------------------------------------------------
Total tonnes of ore milled per period         35,207    36,908       4.8
------------------------------------------------------------------------
Average tonnes milled per day                    382       405       6.0
------------------------------------------------------------------------


------------------------------------------------------------------------
                                              Fourth     First
                                             quarter   quarter         %
Gold                                            2007      2008  increase
------------------------------------------------------------------------
Ounces produced                                  647     1,511     133.5
------------------------------------------------------------------------
Average mill head grade (grams/tonne)           2.66      3.13      17.7
------------------------------------------------------------------------
Average metallurgical recovery rate (%)(i)        21        41      95.2
------------------------------------------------------------------------


------------------------------------------------------------------------
                                              Fourth     First
                                             quarter   quarter         %
Silver                                          2007      2008  increase
------------------------------------------------------------------------
Ounces produced                               70,676    81,622      15.5
------------------------------------------------------------------------
Average mill head grade (grams/tonne)           81.0      94.5      16.7
------------------------------------------------------------------------
Average metallurgical recovery rate (%)(i)        77        79       2.6
------------------------------------------------------------------------


------------------------------------------------------------------------
                                              Fourth     First
                                             quarter   quarter         %
Zinc                                            2007      2008  increase
------------------------------------------------------------------------
Tonnes of zinc concentrate produced              765       781       2.1
------------------------------------------------------------------------
Zinc in concentrate (%)                         50.8      51.4       1.2
------------------------------------------------------------------------
Average metallurgical recovery rate (%)(i)      70.8      74.2       3.4
------------------------------------------------------------------------


------------------------------------------------------------------------
                                              Fourth     First
                                             quarter   quarter         %
Lead                                            2007      2008  increase
------------------------------------------------------------------------
Tonnes of lead concentrate produced              511       666      30.3
------------------------------------------------------------------------
Lead in concentrate (%)                         50.6      54.8       8.3
------------------------------------------------------------------------
Average metallurgical recovery rate (%)(i)      73.8      81.5      10.4
------------------------------------------------------------------------

(i) Note: The mine achieved commercial production status on October 1,
          2007 based on attaining 66 per cent, or (400 tonnes per day
          ("tpd")) of designed mill capacity (600 tpd) in any 18 days
          within a 30-day period. These conditions were met on
          September 25, 2007. Metallurgical recovery rates used for
          zinc, lead, gold and silver above are included as a
          preliminary indicator of mine processing plant efficiency and
          do not indicate final production recoveries. The recovery
          rates do not directly convert to payable metal sales.
          Preliminary production figures are based on Dore and
          concentrate production and associated inventory for the first
          and fourth quarters, and do not necessarily reflect sales for
          the given periods.

Filter delivery and DMS plant construction on schedule

The Company provides the following update on management's response to the tailings handling volume limitations and on the Dense Media Separation (DMS) plant construction: both the press filter equipment delivery and the DMS plant construction are on schedule and are expected to begin commissioning by late second quarter.

The first of two press filters has been inspected by the Company and is en route to Peru. Average mill throughput in the first quarter has been temporarily limited as a result of the capacity limitations of the current vacuum filter to treat tailings, which led to excessive moisture content and associated transportation and storage limitations. The Company looks forward to the commissioning of the new filters as once they are in operation, it is expected that rated production of 600 tpd will be reached. A second filter, which will be used as a backup during maintenance and repairs, is also on schedule to depart the manufacturer in May.

The DMS plant currently under construction at the mill site will reduce waste rock (dilution) from the mine ore before it is processed, leading to increased concentration of metal-containing ore to be milled. The DMS plant construction time line parallels the press filter installation schedule, with the filters scheduled to be commissioned first to increase capacity before the DMS plant commissioning.

The goal of both capital expenditures is to allow maximum mill throughput and to further improve the mill feed grade and increase production of metals contained.

The Company will provide additional updates to these preliminary results later this month when it releases its audited 2007 fourth quarter and year-end financial results.

Mr. Rodney Lamond, P. Eng. is the Qualified Person as defined by National Instrument 43-101 for technical information contained in this press release. Mr. Lamond has reviewed and approved the technical information contained in this press release.

About Gold Hawk Resources Inc.

Gold Hawk is a Canadian 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 have been 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, with potential for expansion to 900 tonnes per day during 2008. The Company, through its subsidiary, Compania Minera San Juan (Peru) S.A., has approximately 600 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.

SOURCE: Gold Hawk Resources Inc.

Gold Hawk Resources Inc. Mr. Jason Mercier Director Investor Relations (604) 689-9282 Email: [email protected] Website: www.goldhawkresources.com