Arctic Hunter Provides a Full Update ON the Refurbishment of the San Javier Mill – Installation of New Conveyor Belts, Motors and Crushing Cones and Updated and Re-Furbished CELL Flotation Equipment ____________________________________________________________________________________
ARCTIC HUNTER ENERGY INC.
Suite 1610 - 675 West Hastings Street · Vancouver · British Columbia · V6B 1N2
Telephone: (604) 681-3131
NEWS RELEASE
October 10, 2017 TSX-V Trading Symbol: AHU
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ARCTIC HUNTER PROVIDES A FULL UPDATE ON THE REFURBISHMENT OF THE SAN
JAVIER MILL – INSTALLATION OF NEW CONVEYOR BELTS, MOTORS AND CRUSHING
CONES AND UPDATED AND RE-FURBISHED CELL FLOTATION EQUIPMENT
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VANCOUVER, B.C. - Arctic Hunter Energy Inc. (TSX-V: AHU) (“Arctic Hunter” or the
“Company”) is pleased to announce that the Company management has received a recently completed
September report, monitoring the rapid progress of the work being conducted on the San Javier Flotation
Mill situated in the Gold & Silver mining district of the Sierra Madre Gold belt, in the State of Sonora,
Mexico. The San Javier Mill is currently being re-f urbished and upgraded to be a fully operational 100
Ton per day capacity flotation mill, by an experienced local Mexican Contractor, employing more than
twenty-five (25) local workers a nd skilled tradesmen who are now working around the clock in two,
twelve hour shifts per day, seven days a week. The San Javier Mi ll is currently on schedule and
complying with all budgetary guidelines and is expected to be commissioned in November of 2017.
San Javier Mill infrastructure progress report (September)- Activities includes the following:
The installation and upgrade of the new conveyer belts with all new rubber and head pulleys. The
Mill facility has installed new motors on all of the crushing cones.
All electrical equipment for the control room, which includes, starters, all new magnetic switches
and the control panels for the mill and crusher have arrived on site and will be installed shortly.
The new Cell flotation area has been completely updated and re-furbished, and equipped with new
agitators, impeller pumps and water pipes.
Tim Coupland, President & CEO stated, “We conti nue on making excellent progress to date and
continue meeting our projected targets and installation timelines. The Company is now moving quickly
to complete the re-furbishment and modernizing the mill. The San Javier Mill is on target and is
nearing completion, set-up, and is making preparati on for equipment testing. The San Javier Mill is
being fully modernized, with the intent to identif y and capture all potential milling and direct-ship
mining opportunities that are situated within this mining district with its many gold and silver mines.”
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THE SAN JAVIER MILL - SONORA STATE, MEXICO
The Company has now paid the sum of USD $250,000 and has successfully acquired a 30% interest in
Real de Rebeico Gold S.A. de C.V. (“Rebeico Gold”), the operato r of a State owne d 100 ton per day
flotation mill situated near the city of Hermosillo in Sonora State, Mexico. The formal option agreement
with Rebeico Gold of Sonora, Mexico allows Arctic Hunter to earn the initial 30% interest for USD
$250,000 (earned and vested), and an additional 20% intere st (for up to a 50% inte rest) in Rebeico Gold
for an additional USD $250,000. Rebeico Gold holds the right to operate the strategically located San
Javier Mill and the right to receive its pro-rata production proceeds derived therefrom pursuant to an
assignment agreement between Rebeico and Exlpor acion y Desarollo del Desierto, S.A de C.V.
(“EDDSA”) dated April 24, 2017. EDDSA holds the right to operate and receive all proceeds from the
San Javier Mill and the right to conduct ancillary activities on the project site pursuant to a 10 year lease
agreement between EDDSA and the state of Sonora, Mexico, dated February 24, 2015. The San Javier
Mill Project site is located within the heart of the pr olific Sierra Madre Gold belt and mining district of
northern Mexico and is easily accessed by paved hi ghway from the City of Hermosillo, Mexico. The
San Javier Mill is a former work ing and operational State owned flot ation mill that is surrounded by a
region that has had widespread hi storical mining, dating back from colonial times through to the 21 st
century. The Mill formerly serviced many of the working gold, copper and silver mineral concessions
and mines located in this mining region in the past.
ABOUT ARCTIC HUNTER – MEXICAN GOLD EXPLORATION AND MILLING
PRODUCTION CAPABILITY
The Company is a Canadian Oil & Gas exploration and mining resource development Company that is
now focused on acquiring production capabilities, ob taining potential future production revenues,
discovering and advancing high grad e gold, silver and copper deposits and mining concessions situated
within a large mining district in Sonora, Mexico. The Company ha s now acquired a 30% interest in
Rebeico Gold of Sonora, Mexico, which holds the ope rating rights to the San Javier Mill, which gives
the Company the right to receive its share of proceeds from the San Javier Mill which is situated in the
Sierra Madre Gold Belt. The Company is now strategically positioned, to identify and capture all
potential milling and direct-ship mining opportunities situated in the region. The Company identifies,
acquires and finances the acquisiti on, exploration and development of mining and oil and gas assets
primarily situated in Western Canada and Mexico. The Company is continually reviewing future mining
production and exploration opportuniti es, through selective property ac quisitions and identifying low
risk exploration and drilling activities situated in Canada, the United States, Mexico and abroad.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Arctic Hunter Energy Inc.
Tel: (604) 681-3131
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the
Policies of the TSX Ventur e Exchange) accepts respon sibility for the adequacy or accuracy of this
release.