Hunt Mining Delivers First Shipment of Concentrate from Martha Mine

| Source: Hunt Mining Corp. Hunt Mining Corp.

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.


            











    

        

        
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