Hawkeye Receives Drilling Permit FOR Boomerang Property

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

December 16, 2020 TSX Venture Exchange Listed

Frankfurt Exchange Listed

News Release No. 354 – 2020

HAWKEYE RECEIVES DRILLING PERMIT FOR BOOMERANG PROPERTY

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

“HAWKEYE") (TSX.V -HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN:

A12A61): is pleased to announce that HAWKEYE has received approval from the BC Ministry

of Energy, Mines and Petroleum Resources for its Multi-Year Area-Based Permit which authorizes

the Company to perform work programs over the Boomerang property which includes but is not

limited to ground-based geophysical surveys and drilling.

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 Golden Triangle of northwest 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 the acquisition of l ow-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.

HAWKEYE GOLD & DIAMOND INC.

Per:

“Greg Neeld”

President & CEO

Vancouver: (778) 379-5393

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 cur rent 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 la w, the

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