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Hunt Mining Delivers First Shipment of Concentrate from Martha Mine

LIBERTY LAKE, Wash., March 07, 2017 (GLOBE NEWSWIRE) -- Hunt Mining Corp. ("Hunt" or the "Corporation") (TSXV:HMX) is pleased to announce the first shipment of concentrate from production activities at the Martha Mine Project (“Martha Project”). Hunt entered into an offtake agreement (“Agreement”) with Ocean Partners USA Inc. (“Ocean Partners”) on December 16, 2016 for the delivery of Gold-Silver concentrate (“Concentrate”) from the Martha Project located in Santa Cruz Province, Argentina.  Under the terms of this Agreement, Hunt will deliver Concentrate with a gold range of 30 to 70 grams per dry metric tonne (“dmt”) and a silver range of 30,000 to 100,000 grams per dmt to a loading port at Ocean Partner’s option for shipment to smelter customers overseas. Concentrate will be shipped in 1 tonne bags in standard or heavy duty 20 foot containers for ocean freight transport. Hunt is continuing its mining activities and will provide additional updates as product is shipped from the Martha Project.

The first shipment of Concentrate consists of 20 bags as follows:

Bag #         Weight (kg)         Ag g/t         Au g/t    
CCSA-001         883         67,460         52.10    
CCSA-002         862         59,992         52.20    
CCSA-003         876         51,645         42.80    
CCSA-004         883         51,282         39.10    
CCSA-005         857         45,194         46.10    
CCSA-006         923         40,763         46.95    
CCSA-007         871         46,950         41.50    
CCSA-008         869         47,429         40.00    
CCSA-009         893         48,867         41.60    
CCSA-0010         858         49,957         40.30    
CCSA-0011         891         43,874         39.90    
CCSA-0012         892         45,986         39.20    
CCSA-0013         895         47,429         38.70    
CCSA-0014         878         46,180         31.10    
CCSA-0015         866         60,767         62.20    
CCSA-0016         883         58,682         53.30    
CCSA-0017         856         49,754         60.10    
CCSA-0018         896         77,727         55.00    
CCSA-0019         921         104,096         103.50    
CCSA-0020         861         69,496         72.10    
Total Tonnage         17,612                        
  Weighted Average                    55,687         47.90    

Notes:

  • Assays were analyzed in Martha's on-site laboratory
  • Official assays pending from Alex Stewart Laboratories in Mendoza Argentina
  • No independent QAQC samples were inserted into the sample stream

Klaus Triebel, Hunt Mining's Director of Project Development, is the Qualified Person under NI 43-101 who has approved the technical and scientific aspects of this press release.

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 property, which includes the Martha Project, also located in the Santa Cruz Province of Argentina.

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.

For more information contact:

Dean Stuart 
Investor Relations
T: (403) 617-7609
E: dean@boardmarker.net 

Bob Little 
Chief Administration Officer
T: (509) 290-5659
E: blittle@huntmining.com

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