Spokane, Washington, May VENTURE: HMX) is pleased to announce it project in Santa Cruz, Argentina to its Exploration Agreement with Eldorado Gold Corporation (“ Eldorado ”). The La Valenciana project lies to the west of a nd is contiguous with the Corporation
As part of Eldorado’s acceptance of the La Valencia na / La Josefina project into the Exploration Agreement, the Co ongoing yearly lease payments of $125,000, as long as the La Valenciana / La Josef project is considered a Stage II project under the Eldorado Exploration Agreement.
It is anticipated that under the Eldorado Explorati on Agreement, the initiate drilling at La Valenciana and continue new drill Josefina in 2013. Mr. Matt Hughes, the significant achievement for the Co Eldorado Exploration Agreement, we will have the op portunity to advance both projects at a much faster rate than would otherwise be likel y under the current circumstances and market conditions.”
About Hunt Mining
Hunt Mining Corp. has been an acti During that time, the Co rporation including approximately 57,000 meters of HQ core drilling, 41 6 line kilometers of Induced Polarization geophysical s and trench samples. The Co rporation with Eldorado Gold for exploration and development in the Santa Cruz Province of Argentina. Historical results and add www.huntmining.com.
Dean Stuart
Investor Relations
T: (403) 517 2270
Hunt Mining Corp. Announces addition of La Josefina and La Valenciana to its Exploration Agreement with Eldorado Gold Corporation May 7, 2013 – Hunt Mining Corp. (the “ Corporation VENTURE: HMX) is pleased to announce it has added the La Valenciana / La Josefina project in Santa Cruz, Argentina to its Exploration Agreement with Eldorado Gold”). The La Valenciana project lies to the west of a nd is Corporation ’s La Josefina project.
As part of Eldorado’s acceptance of the La Valencia na / La Josefina project into the Exploration Agreement, the Co rporation will receive a onetime payment of $325,000 and ongoing yearly lease payments of $125,000, as long as the La Valenciana / La Josef project is considered a Stage II project under the Eldorado Exploration Agreement.
It is anticipated that under the Eldorado Explorati on Agreement, the Corporation initiate drilling at La Valenciana and continue new drill -target development at La Josefina in 2013. Mr. Matt Hughes, the Corporation ’s CEO, stated, “This represents a significant achievement for the Co rporation . By including these projects in the e Eldorado Exploration Agreement, we will have the op portunity to advance both projects at a much faster rate than would otherwise be likel y under the current circumstances and Hunt Mining Corp. has been an acti ve and aggressive explorer in Santa Cruz since 2006 . rporation has completed a large amount of exploration activit y approximately 57,000 meters of HQ core drilling, 41 6 line kilometers of Induced Polarization geophysical s urveys and more than 15,000 surface channel, chip, rporation has recently entered into an exploration agreement with Eldorado Gold for exploration and development in the Santa Cruz Province of Argentina. Historical results and add itional information can be viewed at E: [email protected] Hunt Mining Corp. Announces addition of La Josefina and La Corporation ”) (TSX has added the La Valenciana / La Josefina project in Santa Cruz, Argentina to its Exploration Agreement with Eldorado Gold”). The La Valenciana project lies to the west of a nd is As part of Eldorado’s acceptance of the La Valencia na / La Josefina project into the will receive a onetime payment of $325,000 and ongoing yearly lease payments of $125,000, as long as the La Valenciana / La Josef ina project is considered a Stage II project under the Eldorado Exploration Agreement.
Corporation will target development at La ’s CEO, stated, “This represents a. By including these projects in the e xisting Eldorado Exploration Agreement, we will have the op portunity to advance both projects at a much faster rate than would otherwise be likel y under the current circumstances and ve and aggressive explorer in Santa Cruz since 2006 .
has completed a large amount of exploration activit y approximately 57,000 meters of HQ core drilling, 41 6 line kilometers of urveys and more than 15,000 surface channel, chip, has recently entered into an exploration agreement with Eldorado Gold for exploration and development in the Santa Cruz Province of itional information can be viewed at Matt Fowler Chief Financial Officer T: (206) 601-1219 E: [email protected]
Matthew J. Hughes
President and CEO
T: (509) 290-5659 E: [email protected]
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.
FORWARD-LOOKING INFORMATION
This announcement contains forward-looking informat ion and forward-looking statements (collectively, “forward-looking information”) withi n the meaning of applicable securities laws, relating, but not limited to the Corporation’s expe ctations, intentions, plans and beliefs. Forward-looking information can often be identified by the use of words such as 'anticipate', 'believe', 'expect', 'goal', 'plan', 'intend', 'est imate', 'may' and 'will' or similar words suggestin g future outcomes or other expectations including wit h respect to the anticipated drilling at La Valenciana and new drill-target development at La J osefina in 2013. Such forward lookinginformation is based on assumptions and current exp ectations that involve a number of known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by the forward-looking informa tion. Factors that could cause actual results to differ materially from any forward-looking infor mation include, but are not limited to, failure to establish estimated resources, the grade and rec overy of ore which is mined varying from estimates, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environme ntal or other project approvals, inflation, changes in exchange rates, fluctuations in commodit y prices, delays in the development of projects, uncertainties relating to the interpretat ion of the geology, continuity, grade and size estimates of mineral resources and unanticipated op erational or technical difficulties and other risks and uncertainties set out in the Corporation’ s annual and quarterly management discussion and analysis which are available at www.sedar.com.
Such forward-looking information is based on a number of assumptions, including but not limited to, the availability of financing, no significant d ecline in existing general business and economic conditions, the level and volatility of the price of gold, the accuracy of the Corporation’s resource estimates and of the geological, metallurgical, pri ce and other assumptions on which the estimates are based. Should one or more risks and u ncertainties materialize or should any assumptions prove incorrect, then actual results co uld vary materially from those expressed or implied in the forward-looking information and acco rdingly, readers are cautioned not to place undue reliance on this forward-looking information. Readers are further cautioned that the foregoing lists of risks, uncertainties, assumption s and other factors are not exhaustive. The Corporation does not assume the obligation to revis e or update this forward-looking information after the date of this announcement or to revise su ch information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.