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HAWK.V ·

Hawkeye Discovers Copper Mineralization During Phase 1 Work Program at the Mcbride Property IN Bc’S Golden Triangle

Drill 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

August 14, 2018 TSX Venture Exchange Listed

Frankfurt Exchange Listed

Issued: 18,256,442 shares

News Release No. 293 - 2018

HAWKEYE DISCOVERS COPPER MINERALIZATION

DURING PHASE 1 WORK PROGRAM AT THE MCBRIDE PROPERTY

IN BC’S GOLDEN TRIANGLE

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

"HAWKEYE") (TSX.V -HAWK; Frankfurt Ticker: HGT; WKN: A12A61 ISIN:

CA42016R3027): is pleased to announce the completion of its 2018 Phase One work program at the

McBride Property, strategically located in the Golden Triangle of northwestern BC.

The work was carried out by a crew from C.J. Greig and Associates (CJG) and the program included

geochemical and geological mapping. A total of 301 soil, 4 stream sediment and 40 rock samples were

collected from the property.

Left: McBride property looking south toward the Red Chris mine. Center: Hand Trench

(approximately 2m x 3m) showing a chalcopyrite and malachite-bearing quartz-iron carbonate vein

breccia. Right: Malachite-stained grab sample hosting disseminated chalcopyrite.

Several new copper -mineralized zones were discovered during the Phase One work, including

malachite-stained, chlorite and iron carbonate -altered intrusive rocks hosting fine-grained

disseminated chalcopyrite on the western part of the property, and malachite and chalcopyrite in

quartz-carbonate veins within volcaniclastic rocks on the northern part.

The McBride Property is contiguous with the Red Chris Mine property of Imperial Metals to the

south, and only 18 kilometres east of GT Gold ’s exciting “Saddle” discovery, where significant

gold values were reported in recent drill campaigns. The McBride Property totals 2,635 hectares

and is located approximately 12 kilometres east-northeast of the Village of Iskut, BC, Canada.

The principal geological units underlying the McBride property, like Hawkeye’s Todagin and

Boomerang properties, as well as those held by GT Gold and Imperial Metals, is underlain by Triassic

- 2 -

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

and Jurassic stratified rocks of the Stuhini and Hazelton groups, which commonly host structurally-

controlled precious and base metal s mineralization that is associated with intrusive-related porphyry

systems.

All soil, silt and rock samples have been delivered to ALS Global’s preparation facility in Terrace, BC

for precious metal and multi -element analysis. ALS Global in North Vancouver, British Columbia,

Canada, is a facility certified as ISO 9001:2008 and accredited to ISO / IEC 17025:2005 from the

Standards Council of Canada.

Further news will be forthcoming.

Qualified Person

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

senior geologist with CJG and a qualified person for the purposes of National Instrument 43-101. Mr.

Mitchell has prepared, reviewed and validated that the technical information contained within this

release 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 precious and base metals properties are located

in the prolific BC Golden Triangle, world -class Barkerville gold camp and Vancouver Island, BC,

Canada. HAWKEYE’s corporate mandate is to foster asset growth and to build shareholder value

through the acquisition of low -cost, high -potential properties with discovery potential . Hawkeye

endeavours to manage its business in an environmentally responsible manner while contributing to

local communities.

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 involve known and unknown risks, uncertainties 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 achievements expressed or implied by these forward -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, actual results will almost always vary, sometimes materially, from any estimates,

predictions, projections, assumptions or other future performance suggested herein. Except 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.