SOURCE: Hunt Gold Corporation

December 01, 2008 10:29 ET

Hunt Gold Corporation - Update

Company Updates Its Stockholders on Key Issues

NEW YORK, NY--(Marketwire - December 1, 2008) - Hunt Gold Corporation (PINKSHEETS: HGLC) addresses certain key issues:

1. CORPORATE WEB SITE:
   The Company expected the launch of its Corporate site this morning,
   however this will not be possible as certain vital content is not as
   yet completed. The Corporate web site will be "live" very shortly. The
   Company promises that it will be extremely comprehensive and informative
   and your Company's Management believes that it will be considered as
   "Cutting edge" insofar as the Company's web site will contain "live
   market feed" and other fairly innovative features.

2. APPOINTMENT OF IR FIRM:
   The Company together with its new IR Firm believes that the announcement
   of the IR firm and its contact details for investors should be announced
   simultaneously with the Company's web site going live.

3. JOINT VENTURE STOCK PURCHASES:
   The Company and its Mining Fund Partnership (the Joint Venture) will
   commence purchases of the Company's stock in the market, upon the
   Company's web site going live. It is considered inappropriate for this
   Joint Venture to purchase shares of the Company's stock prior to all
   information on the Company being available to stockholders through the
   Corporate web site.

4. DRILLING ON "MOCKINGBIRD" GOLD PROPERTY:
   The Company can confirm that the drilling, as previously announced, is
   on schedule and the commencement dates remain unaltered. The Company
   will commence with drilling updates and Assay Results late next week.
   This is considered to be of paramount importance to the Company at this
   time.

ABOUT HUNT GOLD CORPORATION

Hunt Gold Corporation is a Gold Mining & Exploration Company focused on the development and exploration of its Gold properties, namely "Mockingbird," "Ambassador," "Golden Eagle," "Gladstone Lookout," "Lady Alde," "Lookout Silver," "Starlight," "American Flag," "Venezia," "Stormcloud," "Cherry," "Buffalo Limecap," "Red Cloud" and "Federal." The Company has completed the sale of its "American Molygold" interests and will be distributing the entire sale proceeds through a Stock Dividend to its stockholders, this to be announced shortly.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

Contact Information

  • For further information contact:

    Hunt Gold Corporation
    E Mail: Email Contact
    Telephone: (954) 840-6956
    Contact: Mr. Michael G Saner