Tuesday, January 6, 2009

Hunt Gold Corp. (HGLC.PK) Updates Stockholders on Drilling and Assay Results

Today a few minutes before the opening bell, Hunt Gold Corp. updated the investment community regarding the progress of the ongoing drilling at its Mockingbird Gold project in Arizona.

According to the press release, a significant amount of core from the first 6 drill holes at the Great West and the Pocahontas Gold Mines has been split. The core has been shipped to an independent assay laboratory located in Tucson, Arizona. Jacobs Assay, the independent assay laboratory, has designated the Company’s core samples as a priority project and anticipates the first assay results before the end of this month.

Drilling at the Mockingbird’s Dandy Mine will recommence before early next week. Two holes are planned at this location, which will conclude the initial and current drill operation. The Company’s geologists are currently planning the position of other drill sites for the Company’s second drilling phase.

Hunt Gold Corporation’s CEO Mike Saner stated, “We are pleased that the Mockingbird Gold Project remains on schedule despite the severe weather throughout the United States and, at the mine, the worst snow since 1979. We are drilling in all the right places for all the right reasons, so I am confident that the assay results will be encouraging.”

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