Hunt Mining Corp. announces Termination of Exploration Agreement with Eldorado Gold Corporation and Resignation of Director

Posted on: Wed, 07/17/2013 - 00:00 By: blittle

Spokane, Washington, July 17, 2013 - Hunt Mining Corp. ("Hunt" or the "Corporation") (TSX VENTURE: HMX) reports that Hunt has received notice from its Exploration Partner, Eldorado Gold Corporation, that it has elected to terminate the Exploration Agreement with Hunt entered into on May 3, 2012.

Matt Hughes, President and CEO of Hunt, commented, "We are disappointed that Eldorado will not be continuing exploration on our Argentine assets. They have been a great partner and a pleasure to work with."

As a result of the termination of the Exploration Agreement, Hunt has begun exploring strategic options for its Argentine assets in addition to ongoing reductions to operating expenses in order to maintain a strong cash position.

Hunt also announces the resignation of Mr. Andrew Gertler from the Board of Directors of the Corporation, owing to personal reasons and other commitments. The Corporation's Board sincerely thanks Mr. Gertler for his contributions during his time with the Corporation, and wishes him well in all his endeavors.

About Hunt Mining

Hunt Mining Corp. has been an active and aggressive explorer in Santa Cruz since 2006. During that time, Hunt's wholly owned subsidiary, Cerro Cazador S.A., has completed a large amount of exploration activity including approximately 57,000 meters of HQ core drilling, 416 line kilometers of Induced Polarization geophysical surveys and more than 15,000 surface channel, chip, and trench samples. Hunt Mining has recently entered into an exploration agreement with Eldorado Gold for exploration and development in the Santa Cruz Province of Argentina. Historical results and additional information can be viewed at www.huntmining.com.

Dean Stuart
Investor Relations
T: (403) 517 2270
Matthew J. Hughes
President and CEO
T: (509) 290-5659

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