Hunt Mining October Shipment From Martha Project
07 Novembre 2018 - 1:01PM
Hunt Mining October Shipment From Martha Project
Hunt Mining Corp. (the “
Corporation” or
“
Hunt”)
(TSX VENTURE: “HMX” OTCQB:
“HGLD”) is pleased to disclose the most recent concentrate
shipment information from the Martha Mine Project (“Martha
Project”) located in Santa Cruz Province, Argentina. The total,
contained troy ounces of silver are 72,367 and 124 troy ounces of
gold. Hunt is currently producing concentrate from the Martha
Project and, as disclosed on October 18, 2018, announced test
shipments from the La Josefina Gold / Silver Project’s Ailin Vein
(“La Josefina Project”).
October Shipment
from Martha Project (based on
Alex Stewart International outbound port assays)
Shipment |
Weight dmt |
Ag g/t grade & weighted
average |
Au g/t grade & weighted average |
Silver (Troy Ounces) |
Gold (Troy Ounces) |
October |
32.86 |
68,499 |
117.6 |
72,367 |
124 |
- 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
La Josefina - The Corporation has not
established the economic viability of the operations on the La
Josefina Project. As a result, there is increased uncertainty and
economic risk of failure associated with these production
activities. Mineral resources at the La Josefina Project total 6.5
million tonnes of measured and indicated material grading 0.74 g/t
Au and 13.13 g/t Ag, for 156,000 and 2,757,000 contained Au and Ag
ounces, respectively. In addition, inferred mineral resources
at the La Josefina Project total 0.45 million tonnes grading 0.45
g/t Au and 1.21 g/t Ag for 6,500 Au and 17,600 Ag contained
ounces. The foregoing mineral resources are as disclosed in
the National Instrument 43-101 Technical Report dated September 29,
2010 titled “Technical Report Gold-Silver Resources Estimate of the
La Josephina Project” prepared for the Company and available on
SEDAR.
Donald J. Birak, an independent geologist, is
the qualified person as defined by National Instrument 43-101 and
has approved the scientific and technical content 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. 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.
Hunt Mining (TSXV:HMX)
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