Classified in: Mining industry
Subject: NEW PRODUCTS/SERVICES

Hunt Mining Announces Blast Hole Drilling Results at Martha Project

LIBERTY LAKE, Wash., Jan. 24, 2018 (GLOBE NEWSWIRE) --

Hunt Mining Corp. (the "Corporation" or "Hunt") (TSX VENTURE:HMX) (OTC:HMXZF) is pleased to announce drill results from drilling activities at the Martha mine located in the Santa Cruz Province, Argentina. Hunt continues to investigate the mining of pillars at the Martha mine, which was brought into production in January 2017.

Hunt recently completed surface blasthole drilling, designed to blast portions of the mineralized hanging wall and footwall into the existing open stope. A total of 19 holes were drilled, with highlighted results above 400 g/t (not pertaining to internal dilution) as follows:

2018 Blasthole Drilling Highlights

HOLE NO	FROM	TO	SAMPLE  NO	AG G/T
520N-001	10	12	111722	436.6
520N-001	12	14	111723	1194.8
520N-001	14	16	111724	323.7
520N-001	16	18	111725	1384.5
520N-001	18	20	111726	680.2		Breakthrough into stope at 22m
520N-002	8	10	111732	809.7
520N-002	10	12	111733	2582.0
520N-002	12	14	111734	408.1
520N-002	14	16	111735	205.7
520N-002	16	18	111736	1917.2
520N-002	18	20	111737	1531.8		Breakthrough into stope at 21m
520N-120	14	16	111871	2500.5
520N-120	16	18	111872	10889.9
520N-120	18	20	111873	7465.3
520N-120	20	22.2	111874	15984.7		Breakthrough into stope at 22.2m
520S-004	26	27	111906	6545.0
520S-004	27	28	111907	26412.0		No breakthrough into open stope
520S-005	30	31	111890	5115.8
520S-005	31	32	111891	7040.1		No breakthrough into open stope

Notes

• Ag figures are in grams per ton (g/t)
• Assays were analyzed in Martha's on-site laboratory
• No independent QA/QC samples were inserted into the sample stream
• Drillholes were not downhole surveyed
• True widths of the drill hole intersections cannot be determined with the information available

The holes drilled from the north (N) are semi-parallel to the vein while the ones drilled from the south (S) are semi-perpendicular to the vein. Aside from testing the hanging wall mineralization in the south holes, an attempt was made to also penetrate a remaining pillar of the vein material between hanging and footwall. North holes were sampled every 2m while south holes were sampled every meter.

Ongoing production 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 risks of failure associated with these production activities. 

Klaus Triebel, Hunt Mining's director of project development, is the qualified person under National Instrument 43-101 who has approved the technical and scientific aspects of this press release.

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, entering into production of silver and gold at the Mina Martha property in January 2017. Since 2006, Hunt's wholly owned subsidiary, Cerro Cazador S.A., has completed exploration activity including 62,000 metres 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.

For more information contact:

Dean Stuart
Investor Relations
T: (403) 617-7609
E: [email protected]

Bob Little
Chief Administration Officer
T: (509) 290-5659
E: [email protected]

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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