Hunt Gold Corporation -- Awarding of Drilling Contracts

  Hunt Gold Corporation (PINKSHEETS: HGLC)
confirms that it will be awarding the initial drilling contracts during the
course of next week. The Company will be announcing the full details and
the scope of the drilling contracts awarded.

The drill core produced by the driller, once logged and then split by the Project Geologists, is immediately sent to an independent Assay Laboratory. These detailed Assay results will be released to our stockholders on a weekly basis. These Assay Reports to our stockholders will commence in December of 2008.

The Company confirms that it will initially be drilling on portions of its "Mockingbird" Gold Mining property in Arizona. The Company has targeted and located drill sites for 7 to 8 drill holes at the "Great West," "Pocahontas" and "Dandy" mines which form part of the "Mockingbird" Gold Mining property. Geochemical and Geophysical work is being overseen at these sites at this time to assist in the identification of the drill targets. The Company will be in a position to file for its drilling permits early next week. It is envisaged that we intend to commence with 1,000 feet of core drilling at this time.

These drill sites are not located on State Land and permits are only required from the BLM. These permits will be filed next week. The BLM permits are not expected to take more than 15 days to obtain the necessary approvals.

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 shortly.

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: [phone] Contact: Mr. Michael G Saner