VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 10, 2011) - Redhill Resources Corp. (TSX VENTURE:RHR - News; "Redhill" or "the Company") is pleased to announce that Mutiny Gold Ltd. ("Mutiny") forwarded the final payment of AUD$4,000,000 on behalf of Redhill Resources Corp. to Sherwin Iron Ltd. ("Sherwin").