Hunt Mining Corp.
TSX VENTURE : HMX

Hunt Mining Corp.

December 15, 2010 21:30 ET

Hunt Mining Grants Stock Options

LIBERTY LAKE, WASHINGTON--(Marketwire - Dec. 15, 2010) - Hunt Mining Corp. (the "Corporation") (TSX VENTURE:HMX), is pleased to announce the granting of 1,110,000 stock options to purchase common shares at an exercise price of $0.30 for a period of 5 years to certain directors, officers, employees and consultants of the Corporation. 1,000,000 of these options shall vest as to 50% on date of grant, 25% on June 15, 2011 and 25% on December 15, 2011. The remaining 110,000 options shall vest as to 25% on the date of grant, 25% on June 15, 2011, 25% on December 15, 2011 and 25% on June 15, 2012. The options are granted pursuant to the Company's stock option plan.

About Hunt Mining Corp.

Hunt Mining Corp. has been an active and aggressive explorer in Santa Cruz since 2006. Since that time, the Corporation's wholly owned subsidiary, Cerro Cazador S.A. ("CCSA"), has completed a large amount of exploration activity including more than 37,000 meters of HQ core drilling, 416 line kilometers of Induced Polarization geophysical surveys and more than 10,000 surface channel, chip, and trench samples. Historical results and additional information can be viewed at www.huntmining.com.

FORWARD-LOOKING STATEMENTS This announcement contains certain forward-looking statements, relating to, but not limited to Hunt Mining'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, beliefs, plans, objectives, assumptions, intentions or statements about future outcomes, or statements about future events or performance including the vesting of the options granted. Forward-looking information may include reserve and resource estimates, estimates of future production, unit costs, costs of capital projects, and timing of commencement of operations and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources and reserves, 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 and other factors. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Readers asked to carefully consider the additional risk factors listed in the "Risk Factors" section of Hunt Mining's short form prospectus dated November 23, 2010 and Annual Information Form dated April 28, 2010, both of which may be viewed at www.sedar.com. Hunt Mining does not assume the obligation to revise or update this forward-looking information after the date of this release 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 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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