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Gold/Mining/Energy : HAWKEYE GOLD INTERNATIONAL INC.

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From: long-gone8/22/2005 11:00:33 PM
   of 24
 
February 14, 2005


12g3-2(b):82-2435
TSX Venture Exchange - HKO
CUSIP NO : 42016R 10 4




News Release No. 140


ADDITIONAL RESULTS ELEVATE HAWKEYE TO DRILLING STAGE, SAN CARLOS PROJECT, MEXICO


HAWKEYE is pleased to announce the completion of its first phase work program on the San Carlos project situated near the town of San Carlos in the State of Tamaulipas, Mexico.

The Company is very encouraged with the results obtained to date that have identified six (6) areas of interest underlain by significant Induced Polarization (IP) anomalies (chargeability highs and coincident resistivity highs and lows) and a combination of coincident anomalous soil and rock geochemical responses. The six targets are outlined in the north and eastern parts of the project area within the carbonate sequence at various distances peripheral to the main San Jose monzonite intrusion. Two of the targets are classified as Au-Cu (Gold-Copper) targets likely associated with proximal and contact skarn and/or fracture mineralization whereas the remaining four are believed to represent more distal carbonate replacement deposit (CRD) style mineralization.

One of the Au-Cu targets is characterized solely by anomalous IP responses and is proximal to the main intrusion whereas the other is supported by a strong gold soil anomaly measuring 900 m by 200 m, talus samples yielding up to 8.33 g/t gold and a series of semi-coincident northeast trending IP anomalies. The CRD targets are associated with weak to moderately anomalous zinc responses that define an intermittent linear north trending band 3 km long and 1.3 km wide. Clusters of moderately anomalous responses outline northwest trends up to 1 km long and 100 m wide. The underlying IP anomalies have a projected surface expression of approximately 650 m by 250 m in size. Vein mineralization discovered in the vicinity of these anomalies is of the tenure and metal signature expected in the upper portions of CRD systems (see previous press release-01/24/05, www.hawkeyegold.com).

HAWKEYE’s exploration program has confirmed that a geological setting favourable to host both Au-Cu skarn and CRD style mineralization underlies the San Carlos project area. The metal signature and zoned distribution of anomalous elements are typical of a mineralized intrusive related system and most of the mineralization discovered to date is consistant with that commonly observed in the distal and upper portions of CRD systems. All IP anomalies characterized by chargeability highs and coincident resistivity highs and lows are subsurface which supports the probability of mineral preservation. HAWKEYE intends to pursue the next phase of exploration with a recommended aggressive 3,000 metre (9,842 feet) diamond drill campaign to test the six targets identified to date and to continue its exploration for these deposit types around the remainder of the San Jose intrusion.

Samples and geophysical data described above were collected under the supervision of Mr. Bill Wengzynowski P.ENG. Samples were analyzed at ALS Chemex Labs of North Vancouver and IP data was subject to inversion modeling and partial interpretation by GeoVector Management Inc. in Ottawa. Mr. Wengzynowski is also the Company’s project Geological Engineer and qualified person (QP) in accordance with Canadian Securities Association (CSA) National Instrument (NI) 43-101.

HAWKEYE GOLD & DIAMOND INC.
Per:

Greg Neeld
President & CEO


The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.


For further information feel free to contact us.
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