Hunt Mining Corp.
TSX VENTURE : HMX

Hunt Mining Corp.

March 04, 2010 09:00 ET

Hunt Mining Commences Resource Confirmation Program at La Josefina in Santa Cruz Argentina

LIBERTY LAKE, WASHINGTON--(Marketwire - March 4, 2010) - Hunt Mining Corp. (the "Corporation") (TSX VENTURE:HMX), is pleased to announce that Cerro Cazador S.A. (CCSA), its wholly owned Argentine subsidiary, has engaged UAKO Consultora Geologica, a San Juan Argentina based mining services provider to complete several projects that will advance the Corporations' progress in Santa Cruz Argentina. Hunt Mining is engaged in the development of the advanced La Josefina gold/silver project and the ongoing exploration of six additional prospective precious metal assets.

Contracted "arms-length" projects will include: Quality Assurance and Control of Analysis Results Program (QA/QC), National Instrument 43-101 compliant technical reports for the Bajo Pobre Project, El Gateado Project and the La Josefina Project. The latter will include preliminary resource calculations and resource expansion recommendations. UAKO will also be contracted to provide ongoing QA/QC for Hunt Mining Corp as the company nears a production decision and initiates project feasibility for La Josefina expected later in 2010.

UAKO conducts a wide range of geological services which are managed and directed by Qualified Persons (QP) under the Canadian national instrument 43-101 definitions. A short list of their clients includes Intrepid Mines, Buenaventura S.A.A., Mansfield Minera Inc. and Patagonia Mining.

The Corporation is completing resource estimates for five mineralized shoots recognized from both historic drilling and core-drilling/result-compilation completed in 2009. UAKO will be reviewing this work and completing its own analysis to update the company's current 43-101 technical report for La Josefina. Expected for resource inclusion are mineralized shoots from the Veta Cecilia, Veta Amanda, Veta Sur, Veta Ailin and the Sinter Zone targets, all of which remain open to expansion. Selected results from these areas include:

TARGET INTERVAL GOLD SILVER NOTES
SINTER        
DDH-12 12.20 meters 22.94 g/t nil oxide zone
SSI-D08-167 1.00 meters 79.60 g/t 14.20 oxide zone
SSI-D08-074 1.75 meters 14.10 g/t nil oxide zone
trench sample 3.00 meters 176.9o g/t nil breccia pipe
trench sample 7.00 meters 114.90 g/t nil breccia pipe
AILIN        
A-01 2.10 meters 164.30 g/t 101.10 g/t oxide zone
A-07 0.74 meters 88.80 g/t 86.5 g/t oxide zone
trench sample 2.50 meters 40.8 g/t nil oxide zone
CECILIA        
SVN-D08-198 4.70 meters 7.52 g/t 159.49 g/t 2.0% Cu
SNV-DO8-057 1.20 meters 37.63 g/t 150.00 g/t 3.4% Cu
SVN-D08-233 1.50 meters 14.05 g/t 1,131.76 g/t oxide zone
SUR        
SVN-D08-125 2.20 meters 7.08 g/t 621.89 g/t 6.6% Pb
SVN-DO7-004 4.05 meters 7.62 g/t 581.15 g/t oxide zone
SVN-D08-144 3.05 meters 7.51 g/t 342.62 g/t 9.3% Pb
SVN-D08-136 3.00 meters 10.90 g/t nil oxide zone
AMANDA        
SVN-D08-057 2.45 meters 18.53 g/t 221.93 g/t 1.7% Cu
SVN-D07-003 1.10 meters 13.45 g/t 253.91 g/t 4.6% Cu
SVN-D07-081 1.55 meters 10.86 g/t 263.77 g/t 2.1% Cu
         

SVN-D08-222 equals Diamond Drill Hole Identification Code

Complete results from historical drill campaigns at La Josefina can be viewed on the web site at: www.huntmining.com.

James Ebisch is considered a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has supervised the preparation of the technical information contained in this news release.

About Hunt Mining Corp.

Hunt Mining Corp. is a mineral exploration and development company carrying on exploration operations and owning properties in Argentina through its wholly owned subsidiary Cerro Cazador S.A. ("CCSA"). CCSA holds interests in six mineral exploration properties, La Josefina, Bajo Pobre, El Gateado, El Overo, El Alazan and El Tordillo, all located in Santa Cruz province, Argentina. Additional information can be viewed at www.huntmining.com.

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.

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