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HUNT Mining Receives Water Usage and Explosives Permits and Environmental Impact Statement FOR Martha Project

Permits & Approvals

HUNT MINING RECEIVES WATER USAGE AND EXPLOSIVES PERMITS AND

ENVIRONMENTAL IMPACT STATEMENT FOR MARTHA PROJECT

Liberty Lake, Washington, January 12, 2017 – Hunt Mining Corp. (the “Corporation” or “Hunt”)

(TSX VENTURE: “HMX”) is pleased to announce the receipt of permits and the Environmental Impact

Statement (“EIS”) required for production at the Martha Project in Santa Cruz Province, Argentina.

Water Usage Permit

The Corporation received the water usage permit on October 12, 2016 from the State of Santa Cruz Water

Department (“Recursos Hidricos de la Provincia”). This permi t allows for the use of up to 24,000 cubic

meters on a monthly basis for ongoing production activities at the Martha Mill and Mine (“Martha

Project”).

Use of Explosives Permit

The Corporation received the explosives permit from the Arg entina federal agency on December 13,

2016. This permit will allow for the usage of explosives by third party contractors at the Martha Project

and is to be renewed on an annual basis.

Environmental Impact Statement

The Corporation was issued the EIS on December 19, 2016 by the Depa rtment of Mines in Rio Gallegos,

Argentina. The EIS permits the Corporation to operate, mine and produce silver and gold concentrate at

the Martha Project. Under the terms of the EIS, the Martha P roject will be subject to annual inspection of

practices and will be required to demonstrate continued mini ng standards as dictated by the federal

mining authority. With the receipt of this EIS, the Corporation has taken out an insurance policy covering

liability in the event of any environmental damages.

The Water Usage Permit, Explosives Permit and Environmenta l Impact Statement are all required

measures as the Corporation moves towards production at the Martha Project.

Klaus Triebel, Hunt Mining's Director of Project Develo pment, is the Qualified Person under NI 43-101

who has approved the technical and scientific aspects of this press release.

Additional information on the Martha Project and other Santa Cruz, A rgentina 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, C erro 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 soi l, sediment, channel, chip, and trench

samples, beyond the historical work previous to the same prop erties. Hunt also owns a 100% interest in

the Martha property, which includes the Martha Project, als o 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.

This news release contains forward-looking statemen ts. The Corporation has provided the forward- looki ng

statements in reliance on assumptions that it belie ves are reasonable at this time. The reader is caut ioned that the

assumptions used in the preparation of the forward- looking statements may prove to be incorrect. All s uch forward-

looking statements involve substantial known and un known risks and uncertainties, certain of which are beyond the

Corporation’s control. Such risks and uncertainties include, without limitation, delays resulting from or inability to

obtain required regulatory approval. The actual res ults, performance or achievements could differ mate rially from

those expressed in, or implied by, these forward-lo oking statements and, accordingly, no assurances ca n be given

that any of the events anticipated by the forward-l ooking statements will transpire or occur, or if an y of them do,

what benefits, including the amount of proceeds, th e Corporation will derive therefrom. Readers are ca utioned that

the foregoing list of factors is not exhaustive.