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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Hunt Gold Corporation (CE) | USOTC:HGLC | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
COMPANY HIGHLIGHTS:
-- All of the first eight drill holes encountered Gold Mineralization. -- Eighth Drill Hole encountered High Grade Gold Mineralization. -- The Assay Results have matched and in fact beaten, the Company Management's expectations. -- Company has now proven that it has viable Gold Mining properties which will be exploited by Management on a "fast track;" yet scientific and methodical approach. -- Management determined to make Hunt Gold Corporation one of the most aggressive and successful Junior Mining Companies in the USA. The Company already has the Management and top class Executives in place to achieve this goal. -- Company has significantly increased its Claim Blocks in strategic locations surrounding its "Mockingbird" Gold property; sparing no expense to obtain these vital claims. The Company now has huge amounts of claim blocks throughout its portfolio of Gold Mining properties. -- Extensive new Drilling Contract to be announced this week utilizing new drilling equipment which is far faster and more cost effective than previous drilling. -- Company's new Funding arrangements already in place to commence a "Non Stop Drilling & Exploration Campaign." -- Company's Geologists preparing detailed reports reflecting the impact of these first Assay Results coupled with a Gold price of nearly US$1,000/oz. Management is extremely bullish on the price and the outlook for Gold in the immediate and for the long term. -- Company in the process of the launch of its web site with its recently appointed IR Firm, MDM Worldwide Solutions, Inc. -- Company's Joint Venture Company has already acquired an amount of 3,028,863,000 shares of Company's "free trading" Common Stock in a series of "off the market transactions" an average price of US$0.0001 per share; as a short to medium term investment. This Joint Venture Company to continue to purchase shares of the Company's stock; in the market; and after the launch of the Company's web site. These purchases have massively reduced the number of our shares being offered in the market. -- Company Management satisfied that the Company's stock price will shortly trade at far higher levels as our results are analyzed and as significant Investors commence purchasing the Company's stock. -- Stock Buyback & Cancellation to proceed after web site launch. -- Company retains an interest in Silver Mining Sector; through its stock holding in a Silver Company valued at US$65 million following the disposal of its "Lookout Silver" interests. -- Company to pay Stock Dividend in due course following the sale of its American Molygold Corp. subsidiary Company.
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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