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HUNT MINING ANNOUNCES BLAST HOLE DRILLING RESULTS AT MARTHA PROJECT Silver intercepts of 15,984.7 g/t over 2.2 metres and 26,412 g/t over 1.0 metre

Drill Results

HUNT MINING ANNOUNCES BLAST HOLE DRILLING RESULTS AT MARTHA

PROJECT

Silver intercepts of 15,984.7 g/t over 2.2 metres and 26,412 g/t over 1.0 metre

Liberty Lake, Washington, January 24, 2018 – Hunt Mining Corp. (the “ Corporation ” or “ Hunt ”)

(TSX VENTURE: “HMX” OTC: “HMXZF”) is pleased to announce drill results from drilling activities

at the Martha mine located in the Santa Cruz Province, Argentina. Hunt continues to investigate the mining

of pillars at the Martha mine, which was brought into production in January 2017.

Hunt recently completed surface blasthole drilling, designed to blast portions of the mineralized hang ing

wall and footwall into the existing open stope. A t otal of 19 holes were drilled, with highlighted res ults

above 400 g/t (not pertaining to internal dilution) as follows:

2018 Blasthole Drilling Highlights

HOLE NO FROM TO SAMPLE

NO AG G/T

520N-001 10 12 111722 436.6 520N-001 12 14 111723 1194.8 520N-001 14 16 111724 323.7 520N-001 16 18 111725 1384.5 520N-001 18 20 111726 680.2 Breakthrough into stope at 22m

520N-002 8 10 111732 809.7 520N-002 10 12 111733 2582.0 520N-002 12 14 111734 408.1 520N-002 14 16 111735 205.7 520N-002 16 18 111736 1917.2 520N-002 18 20 111737 1531.8 Breakthrough into stope at 21m

520N-120 14 16 111871 2500.5 520N-120 16 18 111872 10889.9 520N-120 18 20 111873 7465.3 520N-120 20 22.2 111874 15984.7 Breakthrough into stope at 22.2m

520S-004 26 27 111906 6545.0 520S-004 27 28 111907 26412.0 No breakthrough into open stope

520S-005 30 31 111890 5115.8 520S-005 31 32 111891 7040.1 No breakthrough into open stope

Notes

• Ag figures are in grams per ton (g/t)

• Assays were analyzed in Martha's on-site laboratory

• No independent QAQC samples were inserted into the sample stream

• Drillholes were not downhole surveyed

• True widths of the drill hole intersections cannot be determined with the information available

The holes drilled from the north (N) are semi-parallel to the vein while the ones drilled from the south (S)

are semi-perpendicular to the vein. Aside from testing the hanging wall mineralization in the south holes,

an attempt was made to also penetrate a remaining p illar of the vein material between hanging and

footwall. North holes were sampled every 2m while south holes were sampled every meter.

Ongoing production at the Martha Project is being u ndertaken without established mineral resources or

reserves and the Corporation has not established th e economic viability of the operations on the Marth a

Project. As a result, there is increased uncertai nty and economic risks of failure associated with t hese

production activities.

Klaus Triebel, Hunt Mining's director of project de velopment, is the qualified person under National

Instrument 43-101 who has approved the technical and scientific aspects of this press release.

Additional information on the Martha Project and ot her 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 prop erties as an active and aggressive explorer in Sant a

Cruz since 2006, entering into production of silver and gold at the Mina Martha property in January 2017.

Since 2006, Hunt's wholly owned subsidiary, Cerro C azador S.A., has completed exploration activity

including 62,000 metres of HQ core drilling, 416 li ne 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. Hu nt also owns a 100% interest in the Martha property ,

which includes the Martha Project, also located in the Santa Cruz Province of Argentina.

For more information contact:

Dean Stuart

Investor Relations

T: (403) 617-7609

E: [email protected]

Bob Little

Chief Administration Officer

T: (509) 290-5659

E: [email protected]

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for

the adequacy or accuracy of this release.