Redhawk Resources Corp Presentation Copper Creek

TSX: RDK OTCQX: RHWKFTSX: RDK OTCQX: RHWKF

Large Porphyry Copper SystemLarge Porphyry Copper SystemCopper Creek, ArizonaCopper Creek, Arizona

December 2013 December 2013

Large District with many targets

Known Resources and growing

Excellent management

The Copper Creek Opportunity

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Copper Creek Project SummaryLarge “early halo” porphyry copper deposit

Large porphyry mineralization in Arizona close to existing mines

District size potentialCurrent resource area >4 km in length and openNearly 33 square miles of contiguous property, less than 5 % explored

Large geologic, drilling, geophysical and geochemical data baseTotal of over 675,000 feet of drilling completed Extensive geologic, geochemical, and geophysical mapping and surveys

Completed work100,000 foot (30,000 meter) step out and infill drill program completed in June 2012Resource in accordance with CIM standards delivered in June 2012 and updated in December 2012Right of ways completed; advanced hydrology; metallurgical; active permitting in progressTrade off analysis between open pit and underground completed in December 2012 and decision made to proceed with a larger underground mine planPreliminary Economic Assessment (PEA) completed July 2013

Mining friendly region with excellent infrastructure including rail, roads, water, power, services and consultants

Mill and smelter within 30 miles

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June 2013 PEA Results

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Price Sensitivity

Cu Price [email protected]% NPV@5% IRR Payback YrsUSD/PoundMillions USDMillions USD

$3.00 $231 $457 11.8% 6.2$3.15 $360 $625 14.0% 5.1$3.30 $488 $794 16.0% 4.5$3.45 $616 $962 17.9% 4.0$3.60 $744 $1,130 19.7% 3.6

The results below are discussed in greater detail in the Company’s2013 PEA. A PEA is preliminary in nature, it includes inferred

mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would

enable them to be categorized as mineral reserves and there is no certainty that a PEA will be realized.

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June 2013 PEA Results$3.30 Case Results

Mine/Mill Throughput 25,000 short tons per day

Underground Room and Pillar/Post pillar with backfill

Conventional grind/float sulfide concentrator:copper and moly concentrate products

Life of Mine Payable Copper production 2,128,743,000 pounds

Annual Copper production 121,726,000 pounds

55,200 metric tonnes

Price Assumptions: Copper $3.30 per pound

Molybdenum $12.00 per pound

Silver $20.00 per ounce

Pre‐Production Capital $857,067,000

Life of Mine Capital $1,199,899,000

Average Production Cost net of by‐products $ 1.74 per pound

NPV @ 7.5% $488,000,000

IRR 16.0%

▪ Underground Mine processing 25,000 tpd ore from a Room and Pillar/Post Pillar mine

▪ Conventional copper flotation concentrator with a molybdenum separation circuit

▪ US$488m NPV at 7.5% discount pretax; US$3.30 Cu price; 16% IRR

▪ Cu production sold: 121 million pounds or 55,200 mt per year at US$1.74 per pound cost net of by‐products

▪ Confirmed high recovery rates of >90% Cu and Ag; 80% Mo

▪ Confirmed high expected concentrate averaging 30 to 35%

▪ Confirmed reasonable grind size and moderate work index

June 2013 PEA Results

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December 2012 Underground Resources Prepared in accordance with CIM standards :

Measured – 36.954M tons containing 0.65 B lbs Cu; 13.518M lbs Mo; 3.837M oz AgIndicated ‐ 116.745M tons containing 1.67 B lbs Cu; 27.876M lbs Mo; 3.889M oz AgInferred ‐ 86.694M tons containing 1.21B lbs Cu; 24.8M lbs of Mo; 3.19M oz AgCombined CuEq of 3.79B lbs (CuEq = Cu + Mo x 3.879 + Ag x 0.011; tons =short tons)(resource cutoffs of 0.50% in porphyry; 0.40% in OR breccia; 0.75% in other breccias)

Note: Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Copper Creek Resources Summary


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Arizona is copper country; Copper Creek is 1 of 15 major porphyry copper centers

Arizona is mining friendly and has a rich copper mining history, and is socio‐economic stable

Mill and smelter within 30 miles, molybdenum roaster within 100 miles

Infrastructure includes rail, roads, water, power, services and consultants

Many mines in area have grown and remain economic after 50+ years of operation

New discoveries are still being made in Arizona

Copper Creek Project Location

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Over 32 square miles of property under control

District consolidation now complete

Current resource located within original 7 sq. miles of claims

Only 5% of total property adequately explored

Substantial potential for expansion of existing resource and in consolidated district

Copper Creek Property Map

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Conceptual Geologic Block Diagram

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Sulfides are zoned; copper mineral grades increase with depth

Sets of “early halo”veins are present at high angles near surface, while sets occur sub‐horizontal at depth

At least 3 phases of mineralizing porphyries


Veining & Structuresfault

D-veins

A-veins

Early Halo veins

Sulphide ZonesTop of Cp > Py

Top of Cp + Bn

Cu Resource (%)1.0

0.5

0.2

+0.2 Cu footprint

Copper Creek is an “early halo” type copper porphyry system

Early halo type deposits are frequently recognized in major copper districts worldwide

“Early halo” copper porphyry deposits tend to be large and high‐grade systems, including:

Butte, Montana, USALos Pelambres, ChileChuquicamata, ChileHaquira deposit, PeruAnn Mason & Bear deposits, Nevada, USALomas Bayas deposit, ChilePyramid deposit, Alaska, USA

Early Halo Porphyry Copper Systems

Early halo vein from drill hole RAE‐11‐066 at 1325’

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First identified by Redhawk geologists in 2010

Copper Creek hosts multiple “early halo”mineralizing events

Quantitative core‐logging and mapping of “early halo” veins has led to a new understanding of ore control and district‐wide distribution

This understanding has led to new, better defined drilling targets for resource expansion

Copper Creek Early Halo Deposit

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Current resource open in most directions

Confirmed porphyry resources with multiple generations of mineralization

Drill targets selected in both resource and district expansion

Exploration Potential

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Targets for direct expansion of the current resource

Targets for new, large stand –alone resource within the district

Prospect and Dark Canyon drill program starting in November 2013

New deep targets identified below current American Eagle resource as future target

2013 Drill Target Map

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Current Focus

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Results of Open Pit vs. Underground tradeoff study prompted decision to proceed with larger (25,000 tpd) underground mine

Due to lower capital costs, less development time, and shorter time to production and Positive NPV for underground operation more likely

Will pursue a balanced exploration approach with emphasis on expanding known resource and assessing a number of potentially high reward targets

Prioritize expansion targets and new discovery targets

Plan exploration program to maximize value added with resources available

Proceed with November 2013 district drill plan in the Prospect and Dark Canyon area.

Board of DirectorsR. Joe Sandberg, BSc., MBA, AIPGJ. Stephen Barley, B.Comm., LLB.Steven C. BastableGregory E. McKelvey, M.Sc., QP, P. Geol., AIPGDarryl J. Yea, B.Comm.

Management TeamR. Joe Sandberg, BSc., MBA, AIPG, President and CEOJ. Stephen Barley, B.Comm., LLB., Executive ChairmanAlec Peck, CA, CFOA. Joe Fernandez, VP Project Development Bud LaCombe, Vice President Business Development

Technical Advisory BoardBrock Riedell, B.A., M.S., Consulting GeologistArthur K. Ratte, B.Sc, MBA, P.EngJack H. L. Miller, B.A.Sc., M.A.Sc.John E. Black, B.Sc., M.Sc.John A. Greig, M.Sc., P.Geo.

Consulting TeamIndependent Mining Consultants, Inc.Westland Resources, Inc.Milne & AssociatesKD Engineering / Metcon ResearchCall & Nicholas, Inc.Golder Associates Inc.

Redhawk Resources Team

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Capital Structure

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December 2, 2013

Issued and Outstanding Shares 157,501,038

Options Outstanding 13,160,000

Warrants Outstanding 420,000

Fully Diluted 171,081,038


Received Aquifer Protection Permit Application to allow underground development and exploration in 2009

Completed multiple reports in accordance with CIM standards with significant copper and molybdenum resource and large expansion capability

Determined Copper Creek was an “early halo” deposit, and revised and verified geologic model

Expanded mineral holding by 26 square miles of contiguous property

Initiated and completed Preliminary Economic Assessment (PEA) July 2013

Built a strong exploration team with over 200 years of geologic experience with an impressive background in copper porphyry systems

Major Redhawk Achievements


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June 25, 2013

Redhawk reports results of PEA showing a pre-tax NPV of US$488m at a 7.5% discount rate and $3.30 copper price (PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves and there is no certainty that a PEA will be realized.)

December 20, 2012

Redhawk reports trade off analysis decision to proceed with a larger underground operation and updates resource showing large increase in M&I resources

August 8, 2012

Redhawk reports final drill results from 2011-2012 drill program showing additional thick mineralized zones and high grade intercepts

May 10, 2012

Redhawk reports 175% Increase in resources at Copper Creek to 7.75 Billion pounds Copper and 150 Million pounds Molybdenum at open pit cutoffs

March 14, 2012

Thick mineralized zones including 1,520 feet 0.32% Cu,.004% Mo and 1,301 feet 0.45% Cu, .008% Mo

Recent Material News Releases

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Redhawk Resources, Inc. Stock Trading Chart

December 2012 to December 2013

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Canadian OfficeWorld Trade Centre, 999 Canada Place, Suite 654,

Vancouver, BC V6C 3E1

Phone: +1 (604) 633‐5088Fax: +1 (604) 633‐5098

USA Office130 N. Redington RoadSan Manuel, AZ 85631United States of America

Phone: +1 (520) 385‐4840Fax: +1 (520) 385‐4850

Investor Inquiries

Email: [email protected]

Contact Information

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DISCLAIMER

Cautionary Statements Regarding Forward Looking Information

Certain statements in this presentation constitute forward‐looking statements, within the meaning of applicable securities laws. Forward‐looking statements include, but are not limited to, statements with respect to commercial mining operations, anticipated mineral recoveries, projected quantities of future mineral production, interpretation of drill results, completion of the pre‐feasibility study and conversion of mineral resources to proven and probable mineral reserves, analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Statements concerning mineral resource estimates may also be deemed to constitute forward‐looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed, and in the case of mineral resources, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited. These statements speak only as of the date specified. Redhawk Resources, Inc. (the “Company”) does not intend, and does not assume any obligation, to update these forward‐looking statements except as required by law. These forward‐looking statements involve risks and uncertainties relating to, among other things, results of exploration and development activities, the Company’s historical experience with development‐stage mining operations, uninsured risks, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals and the granting of permits, changes in commodity prices and, particularly, copper prices, actual operating and financial performance of facilities, equipment and processes relative to specifications and expectations and unanticipated environmental impacts on operations. Actual results may differ materially from those expressed or implied by such forward‐looking statements.

Cautionary Notes to U.S. Persons Concerning Resource Estimates

Technical information contained in this presentation has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of the U.S. securities laws. All resource estimates have been prepared in accordance with the Canadian Institute of Mining and Metallurgy Classification System (CIM). The terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are defined in CIM; however, these terms are not defined terms under United States Securities and Exchange Commission (“SEC”) Industry Guide 7 and normally are not permitted to be used in reports and registration statements filed with the SEC. Readers are cautioned not to assume that any part or all of mineral deposits in these categories will ever be upgraded to a higher category. Readers are further cautioned that “inferred mineral resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. Under Canadian rules, estimates of “inferred mineral resources” may not form the basis of feasibility or pre‐feasibility studies, except in rare cases.

The technical information contained in this presentation has been approved by R. Joe Sandberg, a “qualified person” within the meaning of CIM. Mr. Sandberg is the Company’s President and Chief Executive Officer.

December 2013

Redhawk Resources, Inc.

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