Liberty Lake, Washington, August 10, 2016 - Hunt Mining Corp. ("Hunt" or the "Company") (TSXV: “HMX”) today announced that, further to its news release dated May 12, 2016, the Company has filed a National Instrument 43-101 Technical Report, entitled “Martha Silver and Gold Project, Santa Cruz, Argentina” (the “Martha Technical Report”), as required by the TSX Venture Exchange for approval of its recent acquisition of the Martha property. The Martha Technical Report is available on SEDAR and the Company’s website.
A National Instrument 43-101 Technical Report, for the recently purchased Martha property, was prepared by Mr. Donald J. Birak as disclosed in the news release of May 23, 2016. Mr. Birak is very familiar with the property, from his time as Senior VP Exploration with Coeur Mining, and visited the property again in the preparation of this report.
Mr. Birak is a Registered Member of the Society for Mining, Metallurgy and Exploration (“SME”) and Fellow of the Australasian Institute of Mining and Metallurgy (“AusIMM”) and is an independent Qualified Person as defined by National Instrument 43-101.
Tim Hunt, Executive Chairman and Chief Executive Officer states; “Hunt Mining’s acquisition of the Martha property was motivated by the abundance of tangible assets remaining with the property that will allow Hunt to become Argentina’s next gold and silver producer. The close proximity to our own advanced exploration projects made this an opportunity we could not pass up.”
Klaus Triebel, Hunt Mining's Director of Project Development, is a Qualified Person under NI 43-101 and has approved this news release.
Additional information on the Martha Mine and other Santa Cruz, Argentina projects can be viewed on the Company website at: www.huntmining.com.
About Hunt Mining
Hunt Mining Corp. has continued to develop its properties as an active and aggressive explorer in Santa Cruz since 2006. During that time, Hunt's wholly owned subsidiary, Cerro Cazador S.A., has completed exploration activity including 62,000 meters of HQ core drilling, 416 line kilometers of Induced Polarization geophysical surveys and more than 20,000 surface soil, sediment, channel, chip, and trench samples, beyond the historical work previous to the same properties. Hunt also owns a 100% interest in the Martha property, also located in the Santa Cruz Province of Argentina.
For more information contact:
T: (403) 617-7609
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.