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HAWK.V ·

Issued: 3,522,863 shares

Management Changes

July 16, 2010 TSX Venture Exchange - HGO

CUSIP NO: 42016R 20 3 Issued: 3,522,863 shares

News Release No. 198

JOHN FRASER WILL BE GREATLY MISSED

HAWKEYE Gold & Diamond Inc. (the “Company”): Vancouver, British Columbia: Trading symbol: TSX.V: HGO:

It is with great sadness and heavy heart to inform our shareholders and friends and the mining community that our dear friend and colleague and a member of our board of directs John Fraser passed away Tuesday evening. John is a tremendously respected member of the mining community and it was a pleasure working with him over the years enjoying his passion for life, his laughter and his love for his family, the mining community and the Vancouver Canucks. John is survived by his loving wife Monica and two sons Patrick and Chris.

For all John’s friends and business associates a memorial service will be held this Saturday, July 17th at Boal Chapel & Memorial Gardens located at 1505 Lillooet Road, North Vancouver, BC V7J 2J1 - (604) 980-3451 , from 1:30 p.m. to 4:30 pm.

For family and industry friends a celebration of life for John will also be held at Coast Mountain Geological on September 9 located at 650 W. Georgia Street, Suite 620, Vancouver, BC between 2:30 p.m. and 8:00 p.m. All are invited to celebrate John’s life.

God Bless Johnny, we appreciate all your exceptional contributions to the Company and you will be greatly missed by your family, friends, the Hawkeye team and the mining community.

HAWKEYE GOLD & DIAMOND INC.

Per:

“Greg Neeld”

President & CEO

Toll Free: 1-800-665-3624 Email: [email protected] Vancouver: 1-604-878-1339 Web Site: www.hawkeyegold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

HAWKEYE GOLD & DIAMOND INC.

Suite 2302 – 120 Milross Avenue, Vancouver, B.C., Canada V6A 4K7 Ph: (604) 878-1339  Fax: (604) 688-3402  Corporate Communications: 1-800-665-3624  Internet: www.hawkeyegold.com

TSX VENTURE EXCHANGE - HGO