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Gold/Mining/Energy : HAWKEYE GOLD INTERNATIONAL INC.

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To: Corporate Communications who started this subject	6/26/2001 12:15:51 AM
From: Corporate Communications	of 24

HAWKEYE GOLD INTERNATIONAL INC. NEWS RELEASE No. 88 June 26, 2001 Canadian Venture Exchange: HGO Current Trading Price: $0.20 Website: www.hawkeyegold.com email: haw@hawkeyegold.com HAWKEYE Commences Pre-DrillGeophysical Program on YANKEE Property Further to a news release dated May 25, 2001, whereby the Company and its joint venture partner Major General Resources announced that eight kimberlitic drill targets had been identified on the Company’s YANKEE diamond property, HAWKEYE is pleased to announce that a four-man geophysical crew has been mobilized to the property and that a detailed work program of ground magnetic surveys has commenced. The YANKEE Property is strategically situated within the ”Homerun Project” located on Victoria Island, Nunavut, Canada. The geophysical crew will perform surveys over three of the kimberlitic targets which are land based. The remaining five targets located under small shallow lakes will be surveyed later this year. One of the land based targets, surveyed previously by airborne geophysics measures 400 metres wide and may be a bulls eye kimberlite target. Its interpreted depth of 75 metres will be checked by the ground survey. The ground survey will provide the detailed data needed to define the kimberlitic targets. These results in turn will indicate drill hole locations which the Company will need for its anticipated summer drill program. As kimberlites are the only magnetic units reaching surface through the thick sedimentary sequence on Victoria Island, it is highly likely that the source of these shallow magnetic targets are kimberlite. To date 16 wide spread kimberlites have been discovered on Victoria Island, of which 14 are diamondiferous, indicating the presence of a fertile mantle and deep-seated kimberlites. These targets are supported by the presence of numerous kimberlitic indicator minerals. As the 8 targets are situated between fifteen and 20 kilometres from the known diamondiferous kimberlites, any new kimberlites discovered would be part of a diamondiferous cluster. Permitting of drill and campsites is under way. HAWKEYE GOLD INTERNATIONAL INC. Per: "Greg Neeld" President & CEO Toll Free: 1-800-665-3624 Vancouver: 1-604-878-1339 Email: haw@hawkeyegold.com Web Site: www.hawkeyegold.com The Canadian Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

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