HAWKEYE Lab Assay Results Update

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Jan 31, 2020
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VANCOUVER, BC / ACCESSWIRE / January 31, 2020 / HAWKEYE Gold & Diamond Inc. (the "Company" or "HAWKEYE") (TSXV:HAWK, Financial)(Frankfurt Ticker:HGT) (ISIN: CA42016R3027; WKN: A12A61): announces thatthere will be a delay inthe Company announcing assay results from its October 2020 drill program until the end of February, possibly early March 2020. Core from the 703.17 metre drill program was sent to the Lab during late October 2019. This delay is a result of the Lab asking for payment in advance before releasing assay results to the Company and due to bad market conditions resulting in Hawkeye not being able to close the second tranche of a $500,000 private placement totaling $281,000 (refer to news release No. 340 - 2020 dated January 9, 2020). Management is in discussions intending to arrange for short term financing and/or a private placement and will keep our shareholders and the investment community updated regarding this matter. The Company and its geologists have no knowledge of the assay results which will be released as soon as Hawkeye receives results from the Lab and our geologists have had time to review the report.