Oracle Mining Corp.

Management to Return Historic Copper-Gold-Silver Mine Near Tucson, Arizona to Production

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/17/10 -- Gold Hawk Resources Inc. ('Gold Hawk' or the 'Company') (TSX VENTURE: GHK) is pleased to announce that it has signed a Letter of Intent to purchase 100% of the shares of 0830438 B.C. Ltd. ('Oracle Ridge'). Oracle Ridge's wholly owned US subsidiary, Oracle Ridge Mining LLC, owns the subsurface mining rights through an option to purchase and is leasing the surface mining rights necessary to explore, rebuild and operate the past producing Oracle Ridge Copper Mine located near Tucson, Arizona.