July 15, 2009 (FinancialWire) — Uranium Hunter Corp. (OTCBB: URHN) said it has agreed to acquire a 40 acre gold claim known as the Nugget Finder#5 in La Paz County, Arizona from Hanford Development Corp.

Under the terms of the deal, Uranium Hunter has the exclusive rights for the next 60 days to perform due diligence on the property and any previous developed data.

According to Uranium Hunter, the property has a history of gold production. Previous work conducted by Hansford Development on the property yielded 1000 lbs of head ore on five test holes produced over two ounces of gold, according to Uranium Hunter.

Toronto-based Uranium Hunter is an exploration company primarily targeting the uranium and precious metal industries in the resource sector. The company was founded with the focus of developing a portfolio of uranium exploration properties in East Africa.

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