Redhill Resources Corp. (TSX VENTURE:RHR) ("Redhill" or the "Company") is
pleased to report the planned 2012 exploration program for its Nyakagwe
Properties located in Tanzania, East Africa. The Nyakagwe Properties are
strategically located on the Bulyanhulu regional trend within six kilometres
(km) of Barrick Gold's 12 million-ounce Bulyanhulu gold mine.


The Nyakagwe Properties consist of forty-six primary mining licenses (PML's) in
three contiguous groups and one prospecting licence (PL) encompassing a combined
area of approximately 500 hectares surrounded by prospecting licenses and
applications for prospecting licenses owned and presently being explored by
Tembo Gold Corp.


Tembo Gold Corp. recently announced (news release dated February 28th, 2012)
that they have identified an area "between the Nyakagwe Hill and the Bulyanhulu
River" as a "prominent domain of identifiable artisanal gold mining." Three
distinctive mineralized trends have been identified, two of which, if not all
three, trend onto Redhill's properties (see attached map). Artisanal gold mining
operations are known to exist or have existed on the Nyakagwe Properties. These
locations typically represent outcropping of the mineralized structures and
prove to be excellent exploration targets that will be tested to depth and along
strike in the upcoming exploration program.


The Nyakagwe Properties had exploration work completed in 2008 by Africa West
Minerals Corp. This work comprised soil sampling, trenching, and ground magnetic
geophysics, followed by a program of Reverse Circulation (RC) and Air Core (AC)
drilling. This historical drilling intersected mineralization as shallow as 20
metres (m) and returned gold values ranging from .32 g/t over 1 m to 7.03 g/t
over 4m including 17.75 g/t over 1m. These widths and grades are analogous to
those being mined at Barrick's nearby Bulyanhulu Mine.


Using a detailed data base from the 2008 program, along with ground truthing and
additional field work, Redhill is planning an extensive exploration program for
2012. The program will include geological mapping, satellite imagery for
structural trends, rock and soil geochemistry, trenching and geophysics, and
follow-up drilling.


The Company is retaining consultants with extensive experience and knowledge of
the Bulyanhulu gold deposit and regional geology to assist with the exploration
program. The consultants are based in Mwanza, the second largest city in
Tanzania, and logistical supply center for gold mining operations in the Lake
Victoria Gold Fields.


Redhill Resources is also pleased to announce the appointment of Mr. Paul
DiPasquale to the Board of Directors, effective immediately. Mr. DiPasquale has
been involved in the securities industry since 1969 and has held various
executive positions with responsibility for sales and trading operations for a
number of brokerage firms in his career, including: Brink, Hudson & LeFever
Ltd., Yorkton Securities Inc., Haywood Securities Inc., Gardiner Watson Ltd.,
Walwyn Stodgell and Canaccord Genuity Corp. where he served as an Executive
Vice-President and Branch Manager. He is now an independent advisor.


This news release has been reviewed by Brent Butler, a Qualified Person as that
term is defined in NI 43-101.


To view the Redhill's Nyakagwe Property Map, visit the following link:
http://media3.marketwire.com/docs/Nyakagwe_Property_Map.jpg


REDHILL RESOURCES CORP.

Clive Massey, President & CEO

"This news release may contain forward-looking statements. Forward-looking
statements address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ materially from those
currently anticipated in such statements."


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