Toronto, Ontario -- January 5, 2012: Ring of Fire Resources Inc. (the "Company" or "ROF") (TSX-V: ROF, FRANKFURT: RG5, OTC.PK: HWKPF) is pleased to provide a Management Update for the year ending 2011. The Company pursued a very aggressive agenda starting in late 2010 and carried it through the entire year of 2011 culminating in the 100% acquisition of its new flagship project -- Project 81. During the course of the year the Company was successful in arranging financings aggregating approximately $6.5 million most of which was dedicated to the acquisition of or advancement of Project 81, including $2.5 million from Franco Nevada
