Hunt Mining Signs New Agreement for La Valenciana Project; Shares Up Nearly 7% Late Morning
Hunt Mining Corp. (HMX.V) today announced that it has signed a new agreement with Fomento Minero De Santa Cruz Sociedad Del Estado for the La Valenciana project in Santa Cruz Argentina. The La Valenciana project lies to the west of, and is contiguous to, Hunt's La Josefina project. The La Valenciana project is also contiguous to and north of the Joaquin Silver-Gold project, which was recently purchased by Coeur D' Alene Mines Corp.
The exploration period is seven years and will end on October 31, 2019; and Hunt through Cerro Cazador S.A., its 100% owned Argentine subsidiary, will make a total investment of at least USD$5 million in exploration on the La Valenciana project.
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