Hunt Mining 2018 Production Summary From Martha Project
January 16 2019 - 7:01AM
Hunt Mining Corp. (the “
Corporation” or
“
Hunt”)
(TSX VENTURE: “HMX” OTCQB:
“HGLD”) announces shipments of 181,008 troy ounces of
silver and 403.15 troy ounces of gold for the 2018 fiscal period
from the Martha Silver / Gold Project (“Martha Project”) located in
Santa Cruz Province, Argentina.
Hunt continues to conduct pre-feasibility work
to advance a decision on the feasibility of forming a joint venture
with Fomicruz, the Santa Cruz province-owned mining company; Hunt’s
partner in the mining claims at the La Josefina / La Valenciana
projects located approximately 115 km north of the Martha Project.
More details on such work, including the metallurgical test
shipments are forthcoming.
2018 Martha Project
Shipments
Shipment |
Silver (Troy Ounces) |
Gold (Troy Ounces) |
10 |
33,791 |
39.49 |
11 |
20,323 |
20.55 |
12 |
30,981 |
127.76 |
13 |
72,368 |
124.23 |
14 |
23,545 |
91.12 |
Total |
181,008 |
403.15 |
- Troy ounce = 31.1035 grams
- dmt = dry metric tonne
- g/t = grams per tonne
- Silver and gold grades are based on independent
sampling and assaying performed by Alex Stewart
International, a global, independent,
certified analytical services company. Rounding may result in
differences in contained ounces
Martha - Ongoing activity at the Martha Project
is being undertaken without established mineral resources or
reserves and the Corporation has not established the economic
viability of the operations on the Martha Project. As a result,
there is increased uncertainty and economic risk of failure
associated with these activities. Hunt filed an updated NI
43-101 Technical Report (“Technical Report”) for the Martha
Project, dated October 12, 2018 titled “Martha Silver and Gold
Project, Santa Cruz, Argentina”, which is currently available on
SEDAR and on the Corporation’s website at:
http://www.huntmining.com/sites/default/files/2018-10/MM%20TR_2018_HUNTMINING_12Oct18.pdf
Additional information on the Martha Project and
other Santa Cruz, Argentina projects can be viewed on the Company
website at: www.huntmining.com.
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 Mine, located in the Santa Cruz Province,
Argentina.
For more information contact:
Dean Stuart Investor
RelationsT: (403) 617-7609E: dean@boardmarker.net
Bob Little Chief Administration
OfficerT: (509) 290-5659E: blittle@huntmining.com
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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