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HUNT Mining Completes First GOLD Concentrate Shipments from LA Josefina GOLD / Silver Project

Mine Development & Operations

HUNT MINING COMPLETES FIRST GOLD CONCENTRATE SHIPMENTS FROM

LA JOSEFINA GOLD / SILVER PROJECT

Liberty Lake, Washington, October 18, 2018 – Hunt Mining Corp. (the “ Corporation ” or “ Hunt ”) (TSX

VENTURE: “HMX” OTCQB: “HGLD”) is pleased to update concentrate shipments from the La Josefina

Gold / Silver Project (“La Josefina Project”) located in Santa Cruz Province, Argentina. The total contained

troy ounces of gold and silver in these shipments was 676.3 and 3592.5, respectively. These concentrate

shipments are the first shipments from material from the La Josefina Project, specifically the Ailin vein.

La Josefina Project, Argentina Shipments

Shipment Date of

Analysis

Weight

dmt

Ag g/t grade

& weighted

average

Au g/t

grade &

weighted

average

Silver

(Troy

Ounces)

Gold

(Troy

Ounces)

13 28 -Sep -2018 5.109 9,088 1,45 3 1,49 3 23 9

14 28 -Sep -2018 24.596 2,655 55 4 2,100 43 8

Summaries 29.705 3,59 3 676

 1 troy ounce = 31.1035 grams

 dmt = dry metric tonne

 g/t = grams per tonne

 Silver and gold grades are from independent samplin g and assaying performed by Alex Stewart International, a

global, independent, certified analytical services company. Rounding may result in differences in cont ained ounces.

The Corporation has not established the economic viability of the operations on the La Josefina Project. As

a result, there is increased uncertainty and economic ris k of failure associated with these production

activities. The Corporation is pleased to announce that it has been involved in a Bulk Sampling Program

approved by Fomicruz, its partner in a potential joint ve nture on the La Josefina mine operation, for the

purpose of advancing the pre-feasibility study of the La Josefina Project. These Test Shipments of Au-Ag

concentrate are a byproduct of this Bulk Sampling Program, designed to evaluate potential mining mineral

processing alternatives.

Mineral resources at La Josefina total 6.5 million tonnes o f measured and indicated material grading 0.74

g/t Au and 13.13 g/t Ag, for 156,000 and 2,757,000 contained Au and Ag ounces, respectively. In addition,

inferred mineral resources at La Josefina total 0.45 million tonnes grading 0.45 g/t Au and 1.21 g/t Ag for

6,500 Au and 17,500 Ag contained ounces. The foregoing resources are as disclosed in the National

Instrument 43-101 Technical Report dated September 29, 2010 ent itled “Technical Report Gold-Silver

Resources Estimate of the La Josephina Project” prepared for the Company and available on SEDAR.

Donald J, Birak, an independent geologist and Registered Member of the Society for Mining, Metallurgy

and Exploration (SME), and Qualified Person, as defined by Canadian National Instrument 43-101, has

approved the scientific and technical and details of this press release.

Additional information on the Martha Project 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 subsidia ry, Cerro Cazador S.A., has completed

exploration activity including 62,000 meters of HQ core drill ing, 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 Mine, located in the Santa Cruz Province, 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 o f the TSX Venture) accepts responsibility for

the adequacy or accuracy of this release.