Hunt Gold Corporation -- Updates on Drilling & Assay Results
January 06 2009 - 8:19AM
Marketwired
Hunt Gold Corporation (PINKSHEETS: HGLC) provides an update on the
progress of the ongoing drilling at its Mockingbird Gold project in
Arizona.
A substantial 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 Jacobs Assay, an independent assay laboratory
located in Tucson, Arizona. The remainder of the core will be split
and shipped this week. Jacobs Assay will be running the Company's
core samples as a priority project, with the first assay results
expected before the end of January.
Drilling at the Mockingbird's Dandy Mine will resume no later
than early next week. Two holes are planned at this location, which
will conclude the initial and current drill campaign. The Company's
Geologists are at this time working on the positioning of drill
sites for the Company's second drilling phase.
Hunt Gold Corporation's CEO Mike Saner stated that "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."
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 company's 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
Hunt Gold (CE) (USOTC:HGLC)
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