HGLC Hunt Gold Corporation (CE)

1. CORPORATE WEB SITE:

The Company together with its IR Firm, MDM Worldwide Solutions, Inc., intends to get this web site "live" and now. Once "live," we will continue to update this site and provide more data on an ongoing basis. This will enable stockholders to accurately analyze our Company, a situation which they are not in a position to do due to the unacceptable situation of having no Corporate web site.

2. OUSTANDING STOCK DIVIDENDS:

On February 12, 2009, we stated, "Your Company's Management is dealing with all outstanding issues at this time, in particular, the Stock Dividend payment which has been delayed by third parties and their professional advisors, a situation which is beyond your Company's control. We expect to have these issues resolved in due course and will issue a detailed and accurate Statement in respect of all of these issues once your Company's Management is in possession of all the verifiable facts from all of the third parties involved in these various transactions. Your Company's Management has elected to take the prudent and sensible approach which is designed to take the pressure off these third parties who will be responsible for the payment of these Stock Dividends. This approach by your Company's Management was decided upon in order to avoid any costly and time consuming mistakes being made in this Stock Dividend distribution, a situation which would not be in our stockholders best interests."

As of today, the Company is in advanced discussions with the purchasers of "American Molygold." These discussions involving restrictions on shares being distributed to our stockholders and various other scenarios proposed to us by external advisors to the Company, if successful, will resolve this issue for everybody's benefit and interests.

Hunt Gold Corporation's Management has been extremely busy with the tremendous growth of the Company, its acquisitions, exploration, drilling and the release of initial Assay Results. We have continually updated our stockholders through Announcements; however despite all of this, we realize that the Corporate web site must go "live" in order for investors to "get the entire picture" of their Company and its prospects based upon all the successful activities over the past few months.

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," "Williamson," "Blue Copper Mine," "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. The Company has disposed of its "Lookout" Silver Projects and will be retaining an amount of US$65 million in quoted stock from that disposal.

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: MDM Worldwide Solutions, Inc. (Investor Relations Enquiries) E Mail: Email Contact Telephone: (646) 961-4458 Contact: Richard Hausig Hunt Gold Corporation (Corporate Enquiries) E Mail: Email Contact Telephone: (954) 840-6956 Contact: Mr. Michael G Saner

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