Redhill Acquires an Additional Prospecting License Within Tembo's Claim Block

Redhill Resources Corp. (TSX VENTURE:RHR) ("Redhill" or the "Company") is
pleased to announce that it has entered into an Agreement (the "Agreement") with
Thamani Mines Ltd. allowing Redhill to acquire a 100% interest in a prospecting
license adjoining the Nyakagwe property located in Tanzania, East Africa. This
additional land adds 100 hectares to the project, bringing the total number of
hectares to approximately 500. 


The Nyakagwe property is strategically located on the Bulyanhulu regional trend
within six kilometres (km) of Barrick Gold's 12 million-ounce Bulyanhulu gold
mine. The property consists of forty-six Primary Mining licenses (PMLs) and one
prospecting license (PL) that is contiguous to the Company's present land
holdings. The Nyakagwe PMLs and PLs are surrounded entirely by prospecting
licenses and applications for prospecting licenses owned and presently being
explored by Tembo Gold Corp. 


The Company is fully funded and is planning an extensive exploration program on
for 2012. The program will include mapping, sampling, trenching and induced
polarization (IP), with the intention of defining drill targets for the upcoming
exploration season. 


In order to acquire the 100% interest in the additional prospecting license, the
Company has agreed to make the following cash payments, share issuances and
exploration expenditures in the table below:




----------------------------------------------------------------------------
                                                                 Exploration
                      Cash Payments                             Expenditures
Completion Date                Cdn$              Share Issuance         Cdn$
----------------------------------------------------------------------------
On Signing this             $25,000   100,000 within 5 business           --
 Agreement                           days from the date the TSX             
                                      Venture Exchange approves             
                                    the terms of this Agreement             
----------------------------------------------------------------------------
First Anniversary date      $50,000                     200,000      $50,000
 of this Agreement                                                          
----------------------------------------------------------------------------
Second Anniversary          $75,000                     300,000     $100,000
 date of this                                                               
 Agreement                                                                  
----------------------------------------------------------------------------
Third Anniversary of       $100,000                     400,000     $150,000
 this Agreement                                                             
----------------------------------------------------------------------------
TOTAL                      $250,000                   1,000,000     $300,000
----------------------------------------------------------------------------



A finder's fee of the maximum allowed under the policies of the TSX Venture
Exchange will be paid in cash in connection with the acquisition.


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


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."