Liberty Lake, Washington, May 24th, 2011 -- Hunt Mining Corp. (the "Corporation") (TSX VENTURE: HMX), is pleased to announce that Mr. Viresh Varma has been engaged to provide investor relations and marketing activities for the Corporation. Mr. Varma received his Bachelors degree in Economics from Agra University in 1982 and a Post-Graduate Diploma in Business Administration from the Institute of Productivity Management in 1987. With a strong background in marketing, well-developed financial acumen and a high degree of cross-functional exposure and understanding, Mr. Varma brings extensive experience in Business Development, Joint Ventures, Start-ups and P&L Management. He has worked with large multinationals and regional growth companies such as Haier Global and Hitachi in extremely competitive markets across North America, Europe, Middle East, Africa, South Asia and China, and has a history of generating exceptional business growth, maintaining strong customer relationships and creating value for the shareholders.
The agreement between Mr. Varma and the Corporation provides for a monthly retainer of US$10,500 for an initial six month period and US$ 10,500 thereafter by agreement of associated parties.
About Hunt Mining
Hunt Mining Corp. has been an active and aggressive explorer in Santa Cruz since 2006. Since that time, the Corporation's wholly owned subsidiary, CSSA, has completed a large amount of exploration activity including more than 43,000 meters of HQ core drilling, 416 line kilometers of Induced Polarization geophysical surveys and more than 15,000 surface channel, chip, and trench samples. The Corporation is currently engaged in a resource expansion drilling campaign at the flag-ship La Josefina Project. Historical results and additional information can be viewed at www.huntmining.com.
This announcement contains forward-looking information and forward-looking statements (collectively, "forward-looking information") under applicable securities laws, relating, but not limited to the Corporation's expectations, intentions, plans and beliefs. Forward-looking information can often be identified by forward-looking words such as 'anticipate', 'believe', 'expect', 'goal', 'plan', 'intend', 'estimate', 'may' and 'will' or similar words suggesting future outcomes or other expectations including with respect to the vesting of the options granted. Such forward looking-information is based on current expectations that involve a number of known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by the forward-looking information. Factors that could cause actual results to differ materially from any forward-looking information include, but are not limited to, failure to establish estimated resources, the grade and recovery of ore which is mined varying from estimates, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, uncertainties relating to the interpretation of the geology, continuity, grade and size estimates of mineral resources and unanticipated operational or technical difficulties and other factors. Such forward-looking information are based on a number of assumptions, including but not limited to, the availability of financing, no significant decline in existing general business and economic conditions, the level and volatility of the price of gold, the accuracy of the Corporation's resource estimates and of the geological, metallurgical, price and other assumptions on which the estimates are based. Should one or more risks and uncertainties materialize or should any assumptions prove incorrect, then actual results could vary materially from those expressed or implied in the forward-looking information and accordingly, readers are cautioned not to place undue reliance on this forward-looking information. The Corporation does not assume the obligation to revise or update this forward-looking information after the date of this announcement or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
T: (403) 517 2270
Director of Corp. Development
T: (647) 588 0460
Matthew J. Hughes
President and CEO
T: (509) 892-5287