GeoNovus Completes Due Diligence on Redhill's Nyakagwe Properties

Redhill Resources Corp. (TSX VENTURE:RHR) ("Redhill" or the "Company") is
pleased to announce that GeoNovus Minerals Corp. (TSX VENTURE:GNM) ("GeoNovus")
has completed and is satisfied with its due diligence on the Nyakagwe Properties
(the "Nyakagwe Properties") in Tanzania. 


Accordingly, Redhill will proceed with entering into a formal definitive
agreement with GeoNovus for the disposition of the Company's Nyakagwe
Properties, as discussed in detail in the Company's news release dated September
25, 2012. 


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


To find out more about Redhill Resources Corp., please visit our website at
www.redhill-resources.com.


REDHILL RESOURCES CORP.

Andrew Bowering, 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." 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Redhill Resources Corp.
Investor Relations
[phone] or Toll Free: 1 [phone]
[phone] (FAX)
[e-mail]
www.redhill-resources.com