HGLC Hunt Gold Corporation (CE)

Hunt Gold Corporation (PINKSHEETS: HGLC) is pleased to announce the completion of its current round of drilling at the Company's "Mockingbird" Gold property in Arizona.

The 8th and final hole was drilled at the Dandy Gold Mine, which is located in the southern part of the Company's "Mockingbird" property. It was drilled at an azimuth of 182 degrees (almost due south) and an angle of -50 degrees. The hole encountered foliated Precambrian quartzofeldspathic gneiss for its entire length. There were local zones of quartz flooding and, as with Hunt Gold Corporation's previous drill holes at the Mockingbird project, a substantial hematitic overprint.

At 108 feet the hole encountered historic mine workings. These were found to be backfilled with gob (material that the previous miners considered too low-grade to process). Recovery of this material was made by the drillers and it will be assayed as a guide to the historic cutoff grade. This is of considerable importance, as gold mineralization that was too low-grade to mine at a profit during the 1900s may have been left unmined elsewhere in the workings. With modern mining methods and a higher gold price such material might well be "ore" today.

The drill hole left the historic workings at 115 feet and was continued for another 8 feet (to 123 feet). The core was similar to that encountered in the previous drill hole at the Dandy, and the Company's Senior Project Geologist, Ed Huskinson, made the decision that the drill hole was deep enough.

The core from the two holes drilled at the Dandy Mine will now be split and sent to Jacobs Assay. While awaiting these assay results, the Company's Exploration team will do reconnaissance and rock chip sampling of potential drill sites that were located during the current drilling campaign. In addition, a geochemical sampling grid will be laid out and soil geochemical sampling will be carried out. The goal is to select the additional drill sites at the Company's "Mockingbird" Gold Mine for the second round of drilling beginning in February.

The Company will regularly update investors on the progress of this exploration work.

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