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HUNT Mining Signs Agreement with Fomicruz Se

Corporate Updates

HUNT MINING SIGNS AGREEMENT WITH FOMICRUZ SE

Liberty Lake, Washington, May 7, 2019 – Hunt Mining Corp. (the “ Corporation ” or “ Hunt ”) (TSX

VENTURE: “HMX” OTCQB: “HGLD”) is pleased to announce that on April 24, 2019 Hunt Mining’s

wholly owned subsidiary Cerro Cazador SA (“CCSA”) and Fom icruz SE established the schedule to

advance the La Josefina and La Valenciana Projects to form an autonomous corporation framework and

proceed toward production.

Danilo Silva, Country Manager & President of CCSA signed on behalf of the Corporation at meetings held

in Rio Gallegos, Santa Cruz province, Argentina. Signing on behalf of Fomicruz S.E., the wholly owned

mining company of the Santa Cruz province was Mr. Estaban Tejada, President of Fomicruz.

This agreement permits the continuation of metallurgical t esting at the Martha Mill on higher grade

material; that greater than 6 g/t Au at 1,500 tonnes per structure from Ailin, Sinter and Amanda Cecilia

veins at the La Josefina Project. Preliminary testing of the Ailin zone was completed in 2018. Initial work

on column heap leach testing on mineralized material below 6 g/t Au has begun, which will be integral to a

feasibility study as the testing moves forward.

The structure of the agreement is as follows:

• Consolidate documentation related to the La Josefina and La Valenciana Projects, which will

permit both companies to develop the legal framework for the production stage and to treat the two

adjacent properties as one project.

• CCSA/Hunt Mining will follow through with the following:

a) Presentation of the Legal Surveys related with both properties;

b) Feasibility Study and Environmental Impact Report for the Production Stage;

c) Authorization to develop the activities expressed on a) and b);

d) Authorization to develop complementary exportation of mineral concentrates.

Additional information on the La Josefina 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 pr operties. 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.

Martha - Ongoing activity at the Martha Project is being undertaken without established mineral resour ces or reserves and the Corporation has

not established the economic viability of the opera tions on the Martha Project. As a result, there is increased uncertainty and economic risk of

failure associated with these activities. Hunt fil ed an updated NI 43-101 Technical Report (“Technica l Report”) for the Martha Project, dated

October 12, 2018 titled “Martha Silver and Gold Pro ject, Santa Cruz, Argentina”, which is currently av ailable on SEDAR and on the

Corporation’s website at:

http://www.huntmining.com/sites/default/files/2018- 10/MM%20TR_2018_HUNTMINING_12Oct18.pdf