Hunt Mining Corp Initiates Drilling at La Josefina and La Valenciana Gold and Silver Projects in Argentina
March 31 2014 - 12:43PM
Marketwired
Hunt Mining Corp Initiates Drilling at La Josefina and La
Valenciana Gold and Silver Projects in Argentina
LIBERTY LAKE, WASHINGTON--(Marketwired - Mar 31, 2014) - Hunt
Mining Corp. ("Hunt" or the "Corporation") (TSX-VENTURE:HMX) is
pleased to announce it will start exploration and development
drilling at the Corporation's La Josefina and La Valenciana gold
and silver projects in Santa Cruz Argentina. The Corporation has
awarded a service contract to promptly mobilize and commence
drilling this week. Drilling will begin first on the Corporation's
Flagship La Josefina Project followed by a second drill campaign on
the La Valenciana Project, located west of La Josefina and north of
Coeur Mining Inc.'s Joaquin Project.
The drill services contract was awarded to MD Perforaciones
S.A., a division of Eco Minera S.A. of Argentina, from bids
solicited over the last several weeks. The plan includes a minimum
of 5,000 meters of HQ Diamond Core drilling distributed over six or
more individual precious metal bearing targets at both La Josefina
and La Valenciana.
"We are excited to resume drilling in Argentina and continuing
the Corporation's tangible approach in advancing our projects
toward production," stated Chairman and CEO Tim Hunt. "Other
industry leaders have made their commitment to Argentina clear with
a major gold company recently announcing a Cdn. $450 million
investment in advancing the Cerro Moro Gold project in Santa Cruz.
In addition, contiguous to our La Valenciana property, a second
major mining entity recently acquired the remaining 49% interest in
the Joaquin silver deposit for an estimated US $60 million cash and
share settlement. Hunt Mining also remains steadfast in its
commitment to advancing our properties in Argentina."
About Hunt Mining
Hunt Mining Corp. has continued to build precious metal
resources by being 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
approximately 57,000 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. Historical results and additional information can be
viewed at www.huntmining.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release contains forward-looking statements. The
Company has provided the forward-looking statements in reliance on
assumptions that it believes are reasonable at this time. The
reader is cautioned that the assumptions used in the preparation of
the forward-looking statements may prove to be incorrect. All such
forward-looking statements involve substantial known and unknown
risks and uncertainties, certain of which are beyond the Company's
control. Such risks and uncertainties include, without limitation,
delays resulting from or inability to obtain required regulatory
approval. The actual results, performance or achievements could
differ materially from those expressed in, or implied by, these
forward-looking statements and, accordingly, no assurances can be
given that any of the events anticipated by the forward-looking
statements will transpire or occur, or if any of them do, what
benefits, including the amount of proceeds, the Company will derive
therefrom. Readers are cautioned that the foregoing list of factors
is not exhaustive.
Hunt Mining Corp.Bob LittleChief Financial Officer(509) 290
5659blittle@huntmining.comHunt Mining Corp.Dean StuartInvestor
Relations(403) 517 2270dstuart@huntmining.comwww.huntmining.com
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