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Hawkeye Confirms TWO Kilometre Trend of Copper Mineralization at Mcbride Property IN the BC Golden Triangle

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HAWKEYE GOLD & DIAMOND INC.

Suite M202 – 1985 Alberni Street, Vancouver, B.C., Canada V6G 0A2

Phone: (778) 379-5393  Fax: (778) 379-5396  www.hawkeyegold.com

TSX VENTURE EXCHANGE - HAWK

October 30, 2018 TSX Venture Exchange Listed

Frankfurt Exchange Listed

News Release No. 302 - 2018

HAWKEYE CONFIRMS TWO KILOMETRE TREND OF COPPER

MINERALIZATION AT MCBRIDE PROPERTY IN THE BC GOLDEN TRIANGLE

Vancouver, British Columbia, Canada - HAWKEYE Gold & Diamond Inc. (the “Company”

or "HAWKEYE") (TSX.V-HAWK; Frank f u r t T i c k e r : H G T ; W K N : A 1 2 A 6 1 ISIN:

CA42016R3027): is pleased to announce that the Company has completed its second phase work

program at the McBride Property, located in the Golden Triangle of northwest British Columbia.

The property totals 4,133 hectares, is contiguous with the Red Chris Mine property of Imperial

Metals to the south, and lies only 18 km east of GT Gold’s exci ting “Saddle” discovery, where

recent drilling yielded an intercept of 1.02 g/t Au, 0.51% Cu and 1.72 g/t Ag over 363 m.

HAWKEYE returned to the McBride Property mainly to conduct work on the Company’s recently

acquired claims (October 5, 2018 – News Release 297 – 2018; Oct ober 8, 2018 – News Release

299 – 2018), which border the northern and eastern parts of the property, and to further assess

showings, both historical and ne wly discovered, that were exami ned during HAWKEYE’s first

phase program. The two groups of new claims have increased the size of the McBride property

from 2,635 to 4,133 hectares.

In the north, an approximately 2 km long north-northwest trend of copper mineralization was

outlined (Figure 1). In the northern part of the trend, chalcop yrite and malachite mineralization

occur along fractures and within calcite veins hosted by a monz onite plug or large dyke and its

volcanic host rocks. To the sout h along the trend, fracture-ho sted and disseminated chalcopyrite

occur within felsic dykes and along fractures in host volcanic rocks. The mineralized trend is

associated with propylitic alteration and is interpreted to represent the upper and/or distal parts of

a potentially sizeable porphyry copper system at depth.

The second area of focus was in the eastern part of the propert y, on the east side of the Klappan

River, where a historical gold showing (grab samples reported up to 8.78 g/t gold) was successfully

relocated. The showing consists of nodules of arsenopyrite and pyrite within a 0.5 to 1 m wide

shear zone cutting volcanic rocks. The northerly trending shear zone is exposed across the length

of a 35 m x 5 m outcrop and is covered to the north and south. Several other shear zones near the

main showing were also mapped and sampled.

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HAWKEYE GOLD & DIAMOND INC.

Suite M202 – 1985 Alberni Street, Vancouver, B.C., Canada V6G 0A2

Phone: (778) 379-5393  Fax: (778) 379-5396  www.hawkeyegold.com

TSX VENTURE EXCHANGE - HAWK

Left: Calcite vein with chalcopyrite and malachite within medium to c oarse-grained monzonite,

northern McBride property. Centre: Close-up of calcite vein hosting chalcopyrite and malachite.

Right: Gold-bearing shear zone, east side of Klappan River.

Results and interpretation of the second phase sampling program will be released once available.

HAWKEYE currently is reviewing proposals for a 2019 airborne magnetic and radiometric survey,

which, together with existing a nd follow-up geochemical surveys , should help identify potential

porphyry-related targets. If the results warrant, detailed soil geochemical and ground-based

Induced Polarization geophysical surveys will be undertaken to define specific targets for a 2019

drilling program.

All soil and rock samples were delivered directly by the crew t o ALS Global’s analytical facility

in Terrace, B.C. for preparation, and subsequent precious metal and multi-element analysis in their

North Vancouver laboratory. ALS Global in North Vancouver, Brit ish Columbia, Canada, is a

facility certified as ISO 9001: 2008 and accredited to ISO / IEC 17025:2005 from the Standards

Council of Canada.

Qualified Person

Technical information in this news release has been approved by Andrew Mitchell, B.Sc., P. Geo.,

a senior geologist with C.J. Greig & Associates and a qualified person for the purpose of National

Instrument 43-101. Mr. Mitchell has prepared, reviewed and validated the technical information

contained within this release, ensuring that it is accurate.

About HAWKEYE

HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company

based in Vancouver, British Columbia, Canada. The Company’s pre cious and base metals

properties are located in the prolific Golden Triangle of north west BC, in the world-class

Barkerville gold camp, and on Vancouver Island, BC, Canada. HAWKEYE’s corporate mandate

is to build strong asset growth and shareholder value through t he acquisition of low-cost, high-

potential opportunities with discovery potential, and to manage its business in an environmentally

responsible manner while contributing to the local community and economy.

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HAWKEYE GOLD & DIAMOND INC.

Suite M202 – 1985 Alberni Street, Vancouver, B.C., Canada V6G 0A2

Phone: (778) 379-5393  Fax: (778) 379-5396  www.hawkeyegold.com

TSX VENTURE EXCHANGE - HAWK

HAWKEYE GOLD & DIAMOND INC.

Per:

“Greg Neeld”

President & CEO

Vancouver: (604) 908-8511

Email: [email protected]

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.

Cautionary Notes Regarding Forward Looking Statements

This News Release contains forward-looking statements. Forward-looking statements are statements that relate to future events.

These statements are only predictions and in volve known and unknown risks, uncertainti es and other factors that may cause our

or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results,

levels of activity, performance or achievem ents expressed or implied by these forwar d-looking statements. While these forward-

looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment

regarding the direction of our industry, ac tual results will almost always vary, sometimes materially, from any estimates,

predictions, projections, assumptions or othe r future performance suggested herein. E xcept as required by applicable law, the

Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

HAWKEYE GOLD & DIAMOND INC.

Suite M202 – 1985 Alberni Street, Vancouver, B.C., Canada V6G 0A2

Phone: (778) 379-5393  Fax: (778) 379-5396  www.hawkeyegold.com

TSX VENTURE EXCHANGE - HAWK

Figure 1: Mineralized copper trend and historical gold s howing on the McBride property, Iskut area, northwest B.C.