Preliminary Gold-Silver National Instrument 43-101 Compliant Resource Received for La Josefina, Santa Cruz Argentina

Posted on: Mon, 10/04/2010 - 12:00 By: blittle

Liberty Lake, Washington, October 4th, 2010– Hunt Mining Corp. (the “Corporation”) (TSX VENTURE: HMX), would like to announce a new Gold and Silver resource estimate for its flagship La Josefina Project located in the Santa Cruz Province of Argentina. The new resource calculation demonstrates a Measured Resource of 155,562 Gold Equivalent Ounces, with an additional Indicated Resource of 41,812 Gold Equivalent Ounces and an additional Inferred Resource of 6,744 Gold Equivalent Ounces. All mineralized zones included in this resource remain open to expansion and do not incorporate, or reflect, high grade precious metal intercepts reported from more than 5,000 meters of core drilling completed prior to the Corporation’s involvement on the project. The NI 43-101 compliant technical report supporting this new resource calculation is intended to supersede the technical report filed on SEDAR on July 26, 2010. At this early stage of resource development, the Corporation would contemplate a bulk minable or open pitable scenario. A copy of the revised National Instrument 43-101 Technical report is available on SEDAR and on the Corporation’s web site at www.huntmining.com.