Liberty Lake, Washington, May 24, 2016 - Hunt Mining Corp. ("Hunt" or the "Company") (TSXV: “HMX”) is pleased to provide an update regarding the ongoing activities in Argentina and announces that Mr. Donald Birak has been engaged as the Qualified Person (“QP”) to prepare the National Instrument 43-101 Technical Report for the Martha Mine Project (“Martha Mine”).
Mr. Birak is a Registered Member of the Society for Mining, Metallurgy and Exploration (“SME”) and Fellow of the Australasian Institute of Mining and Metallurgy (“AusIMM”) with over 38 years of experience in minerals exploration, discovery and production. Mr. Birak was the Senior Vice President of Exploration for Coeur Mining Inc. (CDE:NYSE) for 10 years, during which time his team was responsible for the discovery to extend the life of the Martha Mine and of the Joaquin Ag / Au epithermal deposit, both in Santa Cruz Province, Argentina. The Joaquin Ag / Au epithermal project is located 100 km north of the Martha Mine.
Mr. Birak also served as Vice President of Exploration for AngloGold Ashanti North America, responsible for the design and management of Greenfields and Brownfields exploration programs for gold deposits. Mr. Birak has also acted as a geological consultant, director and technical advisor for several mineral companies. Mr. Birak has B.Sc. and M.Sc. degrees in geology from Bowling Green State University, is a member of various professional geological societies, and is a QP as defined by National Instrument 43-101.
“The acquisition of the Martha Mine, which closed earlier this month, is pivotal in our transition from exploration to production”, stated Tim Hunt, Executive Chairman and Chief Executive Officer.
Additional information on the Martha Mine 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 subsidiary, Cerro 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 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:
T: (403) 617-7609
Chief Financial Officer
T: (509) 290 5659
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.
This news release contains forward-looking statements. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.