|By Marketwired .||
|January 15, 2014 11:06 AM EST|
SPOKANE, WASHINGTON -- (Marketwired) -- 01/15/14 -- Hunt Mining Corp. ("Hunt" or the "Corporation") (TSX VENTURE: HMX) is pleased to announce the following organization changes effective immediately. These changes have been made to better focus on its Argentina assets and development plan. In addition, the Corporation has elected not to proceed with the proposed Amanita project in Alaska as previously announced on September 20, 2013.
Mr. Tim Hunt will assume the role of Chief Executive Officer and President of Hunt Mining. Mr. Hunt will also continue in his role as Executive Chairman.
Mr. Matthew Hughes, outgoing President and Chief Executive Officer remains a key advisor for Corporate Development as well as the Vice President and a Director of the Board for Cerro Cazador SA, the Corporation's wholly owned Argentine subsidiary. In this capacity, Mr. Hughes will focus his efforts on the continued evaluation and development of mineral prospects located in Santa Cruz Province Argentina. Additionally, Mr. Hughes has also resigned his position from the Corporation's Board of Directors as part of the Corporation's re-organization strategy.
Mr. Bob Little has been appointed to the role of Chief Financial Officer. Mr. Little has many years of international business and financial experience, and possesses close ties to the mining industry. This appointment is subject to TSX Venture Exchange approval.
Effective December 31, 2013, Mr. Matthew Fowler, has resigned from the Corporation to pursue other opportunities. The Board would like to thank Mr. Fowler for his time at Hunt Mining, and wishes him well in his future endeavors.
The Corporation remains committed to identifying cost savings measures while refining the exploration and development approach for its Argentina assets. The Corporation continues to maintain and explore 29 properties covering an area of over 2,800 square kilometers and compile data and results from recent exploration activities conducted under its previous agreement with a major gold exploration and production entity. Management and associated staff has also initiated critical activities necessary to advance the Corporation's flagship project, La Josefina and is evaluating new exploration opportunities in the Santa Cruz Province of Argentina.
About Hunt Mining
Hunt Mining Corp. has been an active and aggressive explorer in Santa Cruz since 2006. During that time, Hunt's wholly owned subsidiary, Cerro Cazador S.A., has completed a large amount of exploration activity including approximately 57,000 meters of HQ core drilling, 416 line kilometers of Induced Polarization geophysical surveys and more than 15,000 surface channel, chip, and trench samples. Historical results and additional information can be viewed at www.huntmining.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.