Hunt Gold Corporation -- Updates on Drilling & Assay Results

  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: [phone] Contact: Mr. Michael G Saner