Elemental Royalties

Hunt Mining Announces Second Delivery of Concentrate from Martha Mine

LIBERTY LAKE, Wash., March 29, 2017 (GLOBE NEWSWIRE) -- Hunt Mining Corp. ("Hunt" or the "Corporation") (TSXV:HMX) is pleased to announce the second delivery of concentrate from production activities at the Martha Mine Project (“Martha Project”) to the port. Hunt is continuing its mining activities and will provide additional updates as product is shipped from the Martha Project.

The second shipment of Concentrate consists of 24 bags as follows:

Bag #           Dry Weight (kg)                     Ag g/t                     Au g/t          
CCSA-0021 729 100,888 87.5
CCSA-0022 734 98,738 88.8
CCSA-0023 721 75,376 80.8
CCSA-0024 696 99,818 92.8
CCSA-0025 727 49,126 46.5
CCSA-0026 711 82,993 78.7
CCSA-0027 702 92,695 86.5
CCSA-0028 713 92,145 86.2
CCSA-0029 709 102,587 96.1
CCSA-0030 665 74,856 72.4
CCSA-0031 695 73,397 73.8
CCSA-0032 686 73,730 68.3
CCSA-0033 711 108,498 99.4
CCSA-0034 699 71,814 68.3
CCSA-0035 699 71,505 74.7
CCSA-0036 687 53,950 55.3
CCSA-0037 693 49,063 51.7
CCSA-0038 689 67,506 72.3
CCSA-0039 667 44,439 52.7
CCSA-0040 677 42,381 50.6
CCSA-0041 689 65,011 67.8
CCSA-0042 679 50,212 53.3
CCSA-0043 733 132,487 125.6
CCSA-0044 726 46,799 47.2
Total Mass 16,835    
Weighted Average   76,184 74.3

Notes:

  • Samples 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

Hunt Mining has also received independent assay results from the first shipment of concentrate from the Martha Project, as previously announced on March 7, 2017. Assays were completed by Alex Stewart Laboratories in Mendoza, Argentina.

Gold grade      47.4 g/t

Silver grade     55,019 g/t

All concentrate is independently verified by Alex Stewart prior to final shipping to processing destination under agreement with Ocean Partners USA Inc.

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.

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