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HAWK.V ·

Hawkeye Receives Mcbride Property Assay Results

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

March 19, 2020 TSX Venture Exchange Listed

Frankfurt Exchange Listed

News Release No. 342 – 2020

HAWKEYE RECEIVES MCBRIDE PROPERTY ASSAY RESULTS

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

“HAWKEYE") (TSX.V-HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN: A12A61):

announces that subsequent to a news release dated January 31, 2020 (news release No. 341 -2020), the

Company announces the receipt of all assay results from ALS Global Ltd. for the 2019 drill program at the

McBride Property. Results will be released upon compilation and interpretation by HAWKEYE’s qualified

person (QP).

During the 2019 drill program, Hawkeye drilled a 703.17 metre deep vertical hole in an attempt to test what

is known as the western anomaly, one of two chargeability highs identified on the Property in a ground-

based Induced Polarization (IP) survey performed by Dias Geophysics during August and September, 2019.

The other anomaly, known as the northern anomaly, was not drilled in the 2019 campaign due to the onset

of severe winter conditions. It coincides with an airborne magnetic high , with a 2 km long Cu -Au

geochemical trend, and with grab samples returning up to 5.18 g/t Au and 1.89% Cu.

Qualified Person

Technical information in this news release has been reviewed and approved by the McBride Property QP,

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.

About HAWKEYE

HAWKEYE Gold & Diamond Inc. is a junio r 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 low -cost, high-potential opportunities with discovery potential, and to manage

its business in an environmentally respons ible 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

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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

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 expr essed 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 wi ll 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.