QualityStocks would like to highlight Hunt Gold Corp. (PINKSHEETS: HGLC). The company 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."
In the company’s news Friday,
Hunt Gold Corp. announced that it has met the terms required to sell its “Lookout Silver” Project by staking six additional mining claims at its “Lookout Silver” Project in Arizona. The land package now includes lode claims on three vein systems that have been historic producers of silver and other metals.
According to the press release, the company has added another 1,000+ feet on the Silver Belt vein, which nearly doubles the 1,200 feet the company already had on its “Lookout Silver Project” lode claim. Hunt Gold also added almost a mile to its lode claims along the Kit Carson vein system. Lastly, an additional 1,500 feet were staked along the Lady Alde vein.
Hunt Gold Corporation’s CEO Mike Saner stated, “With the acquisition of the six new mining claims, the Company’s ‘Lookout Silver’ Project has been expanded into a significant property package within the Big Bug Mining District, which has been a strong historic producer of silver as well as gold. The previous owner of the property, BHP subsidiary Magma, focused on mining the gold resource at the Gladstone McCabe Mine during the 1980s. This leaves the opportunity open for the buyer of the ‘Lookout Silver’ Project to explore for the unmined silver resource.”
Hunt Gold can now confirm that the transaction will be concluded on February 2, 2009 since all conditions precedent have now been met.
About QualityStocks
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 500,000+ subscribers that receive The Daily Stock Newsletters.
Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
