January 29th, 2010
News Release No. 190
TSX Venture Exchange - HGO
CUSIP NO : 42016R 30 2

PROPERTY CLAIMS LAPSE IN RED LAKE

HAWKEYE Gold & Diamond Inc. (the “Company”): Vancouver, British Columbia: Trading symbol: TSX.V:HGO announces that 1,817.92 acres of the Company Dedee Rhode and Dixie Bell Property located in the Red Lake mining district of northwest Ontario, Canada, have been allowed to lapse.

The Company also announces that Ms. Andrea Plourde has resigned as a director of the Issuer. Management would like to thank Ms. Plourde for her dedicated services and support for the Company over the years and wishes her the best in her future endeavors.

HAWKEYE GOLD & DIAMOND INC.


Greg Neeld
President & CEO


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.

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