Hunt Mining Corp. (the "Corporation") (TSX VENTURE:HMX) is pleased to announce
that it has signed an exploration agreement for the La Valenciana project
located in Santa Cruz province, Argentina. The La Valenciana project is
contiguous to the Corporation's flagship La Josefina project. The Corporation
also signed an amendment to its La Josefina contract. 


These agreements were finalized with Fomicruz, the provincial mining authority
for the Santa Cruz province of Argentina. With the addition of the La Valenciana
project, the Corporation added an additional 328 square kilometres of land
situated contiguous to the west of the Corporation's flagship La Josefina
project. Contiguous to the south of the La Valenciana project is Mirasol
Resources Ltd.'s Joaquin silver-gold discovery. The La Valenciana project lies
approximately 100 km north of the Mina Martha silver mine operated by Coeur
d'Alene Mines. Mina Martha was discovered by Mr. Matt Hughes, President and CEO
of Hunt Mining and Danilo Silva, President of Cerro Cazador S.A., Hunt Mining's
100% owned Argentine subsidiary("CCSA"). 


Exploration efforts to date at La Valenciana have focused on due-diligence
sampling of high priority targets with mineralization exposed at surface.
Results from this sampling will be released when all results are available. 


The La Josefina amendment allows for an extension of exploration and development
for an additional six years until 2019. Particulars of both contracts will be
disclosed once certified English translations have been completed.


The La Valenciana contract and La Josefina amendment were accepted and signed by
Fomicruz Vice President, Mr. Jorge Valvano, effective November 15th 2012. These
agreements recognize that mineral exploration is an activity that demands
flexibility and adaptability to unique circumstances and provides that the
development schedule for the projects may be modified from time-to-time by
mutual consent of Fomicruz and CCSA. 


About Hunt Mining 

Hunt Mining Corp. has been an active and aggressive explorer in Santa Cruz since
2006. During that time, Hunt's wholly owned subsidiary, Cerro Cazador S.A., has
completed a large amount of exploration activity including approximately 57,000
meters of HQ core drilling, 416 line kilometers of Induced Polarization
geophysical surveys and more than 15,000 surface channel, chip, and trench
samples. Hunt Mining entered into an exploration agreement with Eldorado Gold
for exploration and development in the Santa Cruz Province of Argentina.
Historical results and additional information can be viewed at
www.huntmining.com. 


FORWARD-LOOKING INFORMATION 

This announcement contains forward-looking information and forward-looking
statements (collectively, "forward-looking information") within the meaning of
applicable securities laws, relating, but not limited to the Corporation's
expectations, intentions, plans and beliefs. Forward-looking information can
often be identified by the use of words such as 'anticipate', 'believe',
'expect', 'goal', 'plan', 'intend', 'estimate', 'may' and 'will' or similar
words suggesting future outcomes or other expectations including the release of
the results of the due diligence sampling at La Valenciana. Such forward
looking-information is based on assumptions and current expectations that
involve a number of known and unknown risks and uncertainties that may cause
actual results to differ materially from those expressed or implied by the
forward-looking information. Factors that could cause actual results to differ
materially from any forward-looking information include, but are not limited to,
failure to establish estimated resources, the grade and recovery of ore which is
mined varying from estimates, capital and operating costs varying significantly
from estimates, delays in obtaining or failures to obtain required governmental,
environmental or other project approvals, inflation, changes in exchange rates,
fluctuations in commodity prices, delays in the development of projects,
uncertainties relating to the interpretation of the geology, continuity, grade
and size estimates of mineral resources and unanticipated operational or
technical difficulties and other factors. Such forward-looking information is
based on a number of assumptions, including but not limited to, the availability
of financing, no significant decline in existing general business and economic
conditions, the level and volatility of the price of gold, the accuracy of the
Corporation's resource estimates and of the geological, metallurgical, price and
other assumptions on which the estimates are based. Should one or more risks and
uncertainties materialize or should any assumptions prove incorrect, then actual
results could vary materially from those expressed or implied in the
forward-looking information and accordingly, readers are cautioned not to place
undue reliance on this forward-looking information. Readers are further
cautioned that the forgoing lists of risks, uncertainties, assumptions and other
factors are not exhaustive. The Corporation does not assume the obligation to
revise or update this forward-looking information after the date of this
announcement or to revise such information to reflect the occurrence of future
unanticipated events, except as may be required under applicable securities
laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Hunt Mining Corp.
Dean Stuart
Investor Relations
(403) 517 2270
dstuart@huntmining.com
www.huntmining.com

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