HGC Hawthorne Gold Corp.

Hawthorne Gold Corp. ("Hawthorne" or the "Company") (TSX VENTURE:HGC)(PINK
SHEETS:HWTHF) Further to the Company's news release of January 6, 2011, the
Company anticipates final closing of the Private Placement with Skyocean
Ventures Investment Fund ("Skyocean") to close in February 2011. Funding of the
Private Placement by Skyocean is subject to a number of regulatory approvals,
including applicable Chinese government approvals for the transfer of funds from
China to Canada. To date, Skyocean has received final approval of the Beijing
Commercial and Trade Bureau and has applied for registration of the transaction
with the Beijing Foreign Exchange Administration. Although registration has been
delayed due to extended government office closure during the Chinese New Year
holiday period, such registration is expected shortly.


About Hawthorne Gold Corp.

Hawthorne Gold Corp. is a Canadian-based gold exploration and development
company with key properties located in British Columbia, Canada. Hawthorne is
led by well-respected mining leaders Richard Barclay and Michael Beley.
Hawthorne's goal is to become a junior gold producer by working towards
production at Table Mountain and the continued resource development at the
nearby Taurus deposit.


ON BEHALF OF HAWTHORNE GOLD CORP.

Michael J. Beley, Chairman

Some of the statements contained in this press release are forward-looking
statements and information within the meaning of applicable securities laws.
Forward-looking statements and information can be identified by the use of words
such as "expects", "intends", "is expected", "potential", "suggests" or
variations of such words or phrases, or statements that certain actions, events
or results "may", "could", "should", "would", "might" or "will" be taken, occur
or be achieved. Forward-looking statements and information are not historical
facts and are subject to a number of risks and uncertainties beyond Hawthorne's
control. Actual results and developments are likely to differ, and may differ
materially, from those expressed or implied by the forward-looking statements
contained in this press release. Accordingly, readers should not place undue
reliance on forward-looking statements. The Company undertakes no obligation to
update publicly or otherwise revise any forward-looking statements, except as
may be required by law.

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