Hunt Gold Corporation -- Company Acquires Additional Mines & Stakes 26 Lode Mining Claims
15 Januar 2009 - 3:18PM
Marketwired
Hunt Gold Corporation (PINKSHEETS: HGLC) Hunt Gold announced today
that an additional 26 lode mining claims had been acquired at its
"Mockingbird" Gold property in Arizona.
Hunt Gold Corporation's CEO Mike Saner stated that, "We are very
excited by the great start to our 'Mockingbird' Gold Project and
the huge opportunity that this project represents for the company
and its shareholders. We are investing in the company's leading
Mining property in its portfolio and fortifying its already
impressive land position."
The lode mining claims are each 20 acres. So the total of 520
acres cover close to a square mile of land. The claims are located
in Mohave County, Arizona, Township 26 N, Range 21W. The following
new claims surround existing Hunt Gold Corporation lode claims:
Mockingbird Gold Mine:
Five new lode mining claims were acquired surrounding the
Company's "Mockingbird" Gold Mine. An additional eight lode mining
claims were located south of the Company's "Mockingbird" Gold Mine
and covering several veins that run parallel to the "Mockingbird"
vein.
Dandy Gold Mine:
Five new lode mining claims were acquired surrounding the Dandy
Gold Mine.
Great West Gold Mine:
Three new claims were acquired at the Great West Mine.
Pocahontas Mine:
One new claim was also added at this mine.
Acquisition by the Company of two new mines:
Hunt Gold Corporation also acquired the Williamson Mine and the
Blue Copper Mine.
The Blue Copper Mine is located northeast of the Company's
"Mockingbird" Gold Mine near the property entrance.
The Williamson Mine is located southeast of the Company's
"Mockingbird" Gold Mine along the road to the Great West, Dandy and
Pocahontas Mines. Both the Williamson Mine and the Blue Copper Mine
were former copper producers. Copper in its oxide forms is a
pathfinder element at the Company's "Mockingbird" Gold property, as
it is frequently associated with gold. These two additional mines
will be explored for their gold potential.
The additional lode mining claims were acquired from the
original vendor of the Mockingbird property at no cost to Hunt Gold
Corporation; save for the BLM filing fees.
The Company is completing the staking of an additional 48 Lode
Mining Claims surrounding the Company's "Mockingbird" Gold
Project.
ABOUT HUNT GOLD CORPORATION
Hunt Gold Corporation is a Gold Mining & Exploration Company
focused on the development and exploration of its Gold properties,
namely "Mockingbird," "Ambassador," "Golden Eagle," "Gladstone
Lookout," "Lady Alde," "Lookout Silver," "Starlight," "American
Flag," "Venezia," "Stormcloud," "Cherry," "Buffalo Limecap," "Red
Cloud" and "Federal." The Company has completed the sale of its
"American Molygold" interests and will be distributing the entire
sale proceeds through a Stock Dividend to its stockholders, this to
be announced in January of 2009.
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a companies' annual report on Form 10-K or 10-KSB and
other filings made by such company with the SEC.
For further information contact: Hunt Gold Corporation E Mail:
Email Contact Telephone: (954) 840-6956 Contact: Mr. Michael G
Saner
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