HMX Corp. Presentation

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October 2011

Gold and Silver Exploration in Santa Cruz, Argentina

TSXV: HMX

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Forward Looking Statement

This exploration PowerPoint presentation contains certain forward-looking information and forward looking statements, as defined in applicable securities laws (collectively referred to herein as “forward-looking statements”). Specifically, this presentation contains forward-looking statements relating to, among other things, the exploration programs at Hunt Mining Corp.’s La Josephina, the timing thereof, anticipated work on the company’s Bajo Pobre project and El Gateado Projects and the timing thereof, the interpretation of the exploration results received to date, the expected development of the La Josefina Project and the anticipated schedule for such development and the key objectives for 2011 including the timing for an update 43-101 technical report. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “continues”, “forecasts”, “projects”, “predicts”, “intends”, “anticipates” or “believes”, or variations of, or the negatives of, such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved. All statements included herein, other than statements of historical fact, including, without limitation, statements regarding future plans and objectives of Hunt Mining Corp. (“Hunt Mining” or “the Company”), are forward-looking statements that involve various risks, assumptions, estimates and uncertainties which may cause actual results to differ materially from those expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from any forward-looking statements include, but are not limited to, the failure to establish estimated resources and reserves, 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, and uncertainties relating to the interpretation of the geology, continuity, grade and size estimates of mineral resources and reserves, as well as those risk factors listed in the “Risk Factors” section of Hunt Mining’s managements discussion and analysis for the three and six month period ended June 30, 2011 and 2010 (“MD&A”)date August 25, 2011, which may be viewed at www.sedar.com. Forward-looking statements reflect the current internal projections, expectations or beliefs of Hunt Mining and are based on information currently available to the Company. Forward-looking statements are also based on a number of assumptions which may prove to be incorrect, including, but not limited to, assumptions about the following: the availability of financing for exploration and development activities; the ability to attract and retain skilled staff; the supply and demand for, and the level and volatility of the price of, metals and minerals; timing of the receipt of necessary approvals for exploration projects and other operations; the supply and availability of consumables and services; energy costs; the accuracy of resource estimates and the assumptions on which the resource estimates are based; market competition; ongoing relations with employees and local communities; and general business and economic conditions. There can be no assurance that any forward-looking statement will prove to be accurate, and should any one or more risks and uncertainties materialize or should any assumptions prove incorrect, actual results and future events could differ materially from those anticipated in such statements. All of the forward-looking statements contained in this PowerPoint presentation are qualified by these cautionary statements and the risk factors described above. Accordingly, readers should not place undue reliance on forward-looking statements. Hunt Mining undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise, except as may be required by law. Furthermore, all such statements are made as of the date of this PowerPoint presentation. The ability of the Company to carry out its growth initiatives as described in this PowerPoint presentation is dependent on the Company obtaining additional capital. There is no assurance that the Company will be able to successfully raise the capital required or to complete each of the initiatives described. United States Securities Law Considerations The securities of the Company are not listed in the United States and this PowerPoint presentation shall not be construed as an advertisement or public offering of the securities to U.S. investors.

Disclaimer

This PowerPoint presentation shall not be construed as an advertisement or public offering of the securities referred to herein. This presentation does not constitute an offer to sell these securities and it is not soliciting an offer to buy these securities where the offer or sale is not permitted. It is not to be distributed to third parties without the consent of the Company. No securities regulatory authority has expressed an opinion about these securities and it is an offence to claim otherwise. While information in this document derived from third parties is obtained from sources which the Company believes to be reliable, such information is not guaranteed as to its accuracy or completeness. All dollar amounts referenced herein, unless otherwise indicated, are expressed in Canadian dollars. This PowerPoint presentation should be read in conjunction with the preliminary MD&A dated August 25, 2011, a copy of which is available on www.sedar.com Inquiries regarding this PowerPoint presentation can be made to the senior management of the Company. The scientific and technical information in this presentation has been approved by Mel Klohn, Senior Technical Advisor for the Corporation is the Qualified Person under National Instrument 43-101.

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An Overview

The Company is a major land holder in Santa Cruz Province controlling 2,867 sq. km (286,792 hectares) encompassing 31 mineral concessions

Hunt Mining is a precious metals exploration company with a portfolio of exploration and near - term development projects in the Santa Cruz Province of Argentina

Santa Cruz is a precious metals province encompassing a rapidly growing number of advanced and producing projects, operated by companies such as Anglo Gold Ashanti, Hochschild Mining, Pan American Silver, Andean Resources (now) Gold Corp, Extorre Gold Mines and Mirasol Resources

Management team has extensive experience and a proven track record of discoveries, development and production success in the region

Currently drilling to build on historical resource as indicated in the NI 43-101 Technical Report reported on www.sedar.com in October 2010

Completed 53,000 meters of drilling, 416 line kms of IP survey and over 15,000 surface channel, trench and chip samples on projects in Santa Cruz Province

Contracted G Mining to provide a series of services, studies, and assessments designed to guide the corporation to a Production decision for the La Josefina project

Capital Structure – June 30, 2011

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Common Shares Outstanding 99,945,747 Convertible Preferred Shares 20,881,493 Total 120,827,240 Warrants 26,114,610 Broker Warrants 4,960,044 Options 6,614,133 Fully Diluted Shares Outstanding 158,516,027 Cash (CAD $) 13,400,000

TSXV: HMX

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An Experienced Management and Technical Team

Tim Hunt, Executive Chairman, Director

-  Over 30 years of international finance experience

-  Founder and President of Huntwood Industries; one of the largest building products manufacturers in North America

-  Former President of Metaline Mining & Leasing and Hunt Mountain Resources

-  Served as a board director for regional banks and Dream Center International

Matthew J. Hughes, B.Sc. P. Geo, President, CEO, Director

-  Over 25 years of global exploration experience (North, Central, and South America; Asia)

-  Former Project Manager and Chief Geologist for Kinross Gold and Mundoro Mining, as well a Senior Geologist positions at Yamana, Buenaventura and Silver Standard /Triton Minerals

Danilo Silva, B.Sc. P. Geo, President CCSA, Manager South American Operations

-  Over 25 years of mining experience and exploration success in Argentina

-  Senior Geologist and Project Manager for majors including Yamana and Buenaventura

Vicente Sanchez, P. Geo, Exploration Manager of South America Operation -  Over 15 years of exploration in Argentina and Chile

-  Exploration and Development positions for Yamana Resources, Coeur d’ Alene Mines, Barrick Gold and Minera IRL, among others.

Vicki Streng, Chief Financial Officer

-  15 years accounting experience in the mining industries

-  Former controller for Minera Andes, Nevoro and Yamana Gold (formerly Yamana Resources)

Mel Klohn, B.Sc. M.Sc. L.P. Geo, Senior Technical Advisor -  Licensed Professional Geologist with over 44 years of experience in the mining industry

-  Served 25 years as a Professional Geologist and Research Scientist for the Exxon Corporation

-  Former VP of Exploration for Yamana Gold, Aura Gold and Nevoro Inc.

-  Served as Director, Technical Advisor and Consultant for numerous Junior and Senior Mining Companies

Viresh Varma, BA (Eco), PGDBA, Director of Corp. Development -  Over 20 years of experience in Global Marketing. Served as Director, COO & CEO of various Regional Growth

Companies and Multinationals ""

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A Proven Consulting Team

G Mining Services Inc. (“G Mining”)

-  A provider of a wide range of services covering geology and resources, mine engineering, mine audits, economic studies and project management.

-  G Mining is led by its founder and President, Dr. Louis Gignac, P.Eng, who currently sits as director and/or chairman for several publically traded companies.

-  Dr. Gignac formerly served, for more than 20 years, as President and CEO of Cambior Inc

"Ms. Sandra Perry - Senior Technical Consultant

-  A consulting geologist specializing in satellite and airborne image analysis for geologic exploration, focused on field of geology applications

-  She has 28 years of geological and remote sensing experience, emphasizing satellite

multispectral image analysis for mineral, hydrocarbon, and geothermal exploration. -  Sandy is a member of the NASA ASTER Science Team, researching and pioneering mineral

mapping using multispectral and hyper spectral imaging systems. -  She has participated in many exploration efforts around the world, specifically contributing to

seven precious metal discoveries in South America, including the Cerro Saavedra deposit (currently San Jose Mine) and Martha Mine in the Deseado Massif of Patagonia.

!"

"

Board of Directors

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A Strong Board Scott Brunsdon, MBA

Scott is currently CFO for International Minerals Corp. Formerly, he was a CFO of Andean Resources (now Goldcorp), CFO and Corp. Secretary of Revett Minerals, CFO of Placer Dome N.A. and CFO, Secretary and Treasurer of Placer Dome US and executive positions in Hillsborough Resources and Dayton Mining. He holds a MBA (Finance and Accounting) from the University of British Columbia and a Bachelor of Commerce (Economics) from the University of Saskatchewan.

Alan Chan, P. Eng

Alan is a professional engineer and an entrepreneur. He graduated from University of Saskatchewan with a Bachelor of Science Degree. Alan is Director, CFO and Secretary of Grand Power Logistics Group.

Andrew Gertler, MBA Andrew is a principal and Vice-President of Lester Asset Management and he holds a Bachelor of Commerce (Finance) degree from McGill University and a Master of Business Administration from the University of Western Ontario.

Bryn Harman, CFA

Bryn is a former listing officer at the Alberta Stock Exchange and has worked as a buy side and sell side research analyst in the United States.

Darrick Hunt, CPA

Darrick is CFO of Huntwood Industries and a Certified Public Accountant under the Board of Accountancy of Washington State and he holds a Bachelor Degree in Business Administration from Gonzaga University. Responsible for several international business operations

Jacques Perron, P. Eng

Jacques is President and Chief Executive Officer of St. Andrew Goldfields (SAS on TSX), a Canadian gold producer. Mr. Perron obtained his B.Sc. in mining engineering at l’École Polytechnique. His prior work experience included management positions at IAMGOLD, Noranda Inc., J.S. Redpath and Cambior.

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Discovery and Development A Team with a Track Record

Danilo Silva Matt Hughes

Mina Martha (Coeur d’Alene Mines) - Precious metals deposits

Don Nicolas (Minera IRL) - Precious metals deposits

Lejano (Coeur d’Alene Mines) - Precious Metals deposits

Candelaria Mine Extension (Kinross Gold) - Precious Metals deposits

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Hunt Mining Project Locations Exploration and Mining Concessions, Deseado Massif Precious Metal Province, Santa Cruz Argentina

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70

48

68

0 5020

KILOMETERS

= Regional Mineralized Trends

Argentina

Santa Cruz

Deseado Massif

South America

FOMICRUZ SE

MIRASOL RESOURCES LTD

MAJOR LAND HOLDERS (ranked by size of holdings)

PATAGONIA GOLD PLCHIDEFIELD / MINERA IRL

HOCHSCHILD ARGENTINA SA (San Jose Mine)EXTORRE GOLD MINES LTD

COEUR ARGENTINA SRL (Martha Mine)IAMGOLD ARGENTINA SAANGLO / FOMICRUZ (Cerro Vanguardia Mine)MINERA ANDES INC (San Jose Mine)

PAN AM. SILVER / SJSA (Manantial Espejo Mine)GOLD CORP. (formerly Andean Resources)

ARGENTEX MINING CORP

OTHER COMPANIES

HUNT MINING CORP / CCSA 2,868 sq. kilometers

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Mina Martha

Manantial

Espejo

Cerro

Vanguardia

Geological Setting

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High-grade epithermal, low sulfidation style vein deposits found throughout the region

Mineralized structures are comprised of quartz veins, stock-works and breccias that carry gold, silver, minor sulfides with variable amounts of base metals

Deposits are hosted in Jurassic aged volcanic rock localized by structures, often many meters wide and hundreds

of meters to several kilometers long

Nearly all of the hundreds of gold-silver and base metals occurrences in the Deseado Massif region in South Argentina are this type

Project Summary

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La Josefina •  Completed 49,300 meters of core

drilling •  Completed 416 line kilometers of

geophysical surveys •  Collected more than 15,000 surface

channel and trench samples •  Building resources, open to expansion

Bajo Pobre •  Located less than 80 km southeast of

Goldcorp’s Cerro Negro gold project •  Historically, over US $2.0 million spent

in exploration including mapping and surface sampling

•  Large gold bearing epithermal system identified

El Gateado •  One km northeast of La Josefina

project •  Completed 30 line kilometers of

Geophysics, 6,300 meters of core drilling, collected more then 1000 surface samples

•  Large gold bearing epithermal system identified

Additional Projects •  Covering 1,700 sq. km of prospective

lands

La Josefina: Flagship Project 12

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•  Joint Venture with Fomento Minero

de Santa Cruz Sociedad del Estado (“Fomicruz.”), government owned mining entity

•  Hunt Mining to earn 91% interest and Fomicruz 9% interest after completion of positive pre-feasibility and feasibility study by 2012~13

•  Company must spend US $6 million in

exploration drilling to earn mining and production rights for a 40 year period (current level of investment over $12 million)

•  Production is subject to 1% Provincial mine-mouth royalty and 5% FOMICRUZ mine-mouth royalty (equivalent to 2% NSR)

La Josefina - Pre 2011 Drill Program Highlights

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Select assay intervals from 5 ore shoots

Sinter 12.2 m of 23 g/t Au

Ailin 3.1 m of 94.44 g/t Au & 56.6 g/t Ag

Ailin 1.3 m of 88.8 g/t Au and 65.5 g/t Ag

Amanda 3 m of 7.34 g/t Au and 155.4 g/t Ag

Cecilia 3.2 m of 5.1 g/t Au and 1,238 g/t Ag

Veta Sur 2.85 m of 14.78 Au and 96.8 g/t Ag

For full range of drilling results, pls see: drill assays prior to 2011 on www.huntmining.com/projects/la-josefina

La Josefina - Pre 2011: Veta Norte Zone Veta Sur Shoot Long Section

14 For further details of the grade of each metal/mineral used to establish the equivalent grade see: drill assays prior to 2011 on www.huntmining.com/projects/la-josefina

La Josefina Sinter Target

15 For full range of drilling results, pls see: drill assays prior to 2011 and until September 30th 2011 on www.huntmining.com/projects/la-josefina

La Josefina - Pre 2011: Noreste Zone Sinter Target

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Sil ica exhalite related to hot spring activity

Flat l ine sinter layer exposed over an area of 2.5 km x 300 m or more

Potential open pit, bulk minable operation

Structurally controlled, high-grade mineralization going to depth

Drill Results Highlights (pre-2011 drilling)

In 2007 and 2008 CCSA drilled 37,600 meters in 260 holes on the La Josefina property. The top 25 mineralized intervals are summarized below:

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No. Hole # / Target :

Shoot Interval

length (m) Interval Au

Equivalent (g/T) Max Au Equiv.

Assay (g/T) Min depth

(m) Max

depth (m) Average

depth (m) Interval Au

(g/T) Interval Ag

(g/T) Percent Au

of Equiv. Interval Cu

% Interval Pb

% Interval Zn

%

1 SVN134 / V Norte : V Sur 6.30 13.11 78.30 97.7 104 100.85 2.74 644.76 21% 0.4% 3.5% 0.3%

2 SSI167 / Noreste :Sinter 1.00 79.83 79.83 33 34 33.5 79.60 14.20 100% 0.1% 0.3% 0.0%

3 SVN04 / V Norte : V Sur 4.05 16.96 53.65 39.95 44 41.975 7.62 581.15 45% 0.2% 0.4% 0.1%

4 SVN132 / V Norte : V Sur 11.40 6.02 18.76 69.6 81 75.3 2.58 214.12 43% 0.0% 0.0% 0.2%

5 SVN150 / V Norte : V Sur 8.50 7.63 31.74 16 24.5 20.25 4.22 212.35 55% 0.3% 4.1% 0.1%

6 SVN57 / V Norte : Amanda 2.45 22.09 76.84 140.8 143.25 142.025 18.53 221.93 84% 1.7% 0.5% 0.3%


8 SVN78 / V Norte : Amanda 5.00 9.55 52.87 27 32 29.5 8.54 62.97 89% 0.1% 0.3% 0.0%

9 SVN198 / V Norte : Cecilia 4.70 10.09 33.06 104.2 108.9 106.55 7.52 159.49 75% 2.0% 0.4% 0.1%

10 SVN149 / V Norte : V Sur 4.60 9.85 48.15 61.4 66 63.7 2.38 464.68 24% 0.6% 10.6% 0.1%

11 SVN135 / V Norte : V Sur 8.10 5.57 35.42 50.9 59 54.95 2.69 179.37 48% 0.1% 1.1% 0.1%

12 SVN233 / V Norte : Cecilia 1.50 27.15 43.67 166.5 168 167.25 8.96 1,131.76 33% 0.1% 1.3% 0.3%

13 SVN-144 / V Norte : V Sur 3.05 13.02 22.11 100.2 103.25 101.725 7.51 342.62 58% 0.1% 9.3% 3.8%

14 SVN186 / V Norte : Cecilia 8.40 4.58 11.37 184.6 193 188.8 3.16 88.78 69% 1.5% 0.1% 0.1%

15 SVN89 / V Norte : V Sur 14.00 2.73 18.54 69 83 76 2.59 8.57 95% 0.2% 0.1% 0.0%

16 SVN222 / V Norte : Cecilia 2.65 14.36 34.17 166.35 169 167.675 5.10 576.34 36% 0.2% 1.8% 1.0%

17 SVN125 / V Norte : V Sur 2.20 17.07 55.51 150.3 152.5 151.4 7.08 621.89 41% 0.2% 6.6% 0.8%

18 SVN117 / V Norte :Cecilia 7.95 4.70 23.29 13.45 21.4 17.425 3.74 59.39 80% 0.1% 0.2% 0.0%

19 SVN193 / V Norte : Amanda 4.65 7.88 26.59 17.35 22 19.675 7.59 18.17 96% 0.1% 0.2% 0.0%

20 SVN137 / V Norte : V Sur 3.70 9.13 16.62 74.7 78.4 76.55 2.08 438.59 23% 1.5% 7.0% 0.1%

21 SVN136 / V Norte : V Sur 3.00 10.94 31.84 30 33 31.5 10.90 2.43 100% 0.0% 0.1% 0.1%


23 SVN176 / V Norte : Amanda 7.60 4.03 18.46 260.4 268 264.2 3.46 35.14 86% 0.8% 0.0% 0.1%

24 SVN153 / V Norte :V Sur 9.90 3.03 23.97 34.7 44.6 39.65 2.18 52.61 72% 0.1% 0.8% 0.1%

25 SVN84 / V Norte : Amanda 4.23 6.97 25.34 165 169.23 167.115 5.37 99.52 77% 0.7% 0.1% 0.0%

For full range of drilling results, pls see: drill assays prior to 2011 on www.huntmining.com/projects/la-josefina

La Josefina 2011– Drill Results Highlights

Highlights taken from 2011 press releases

March 3, 2011

SC-D11-244 A true mineralized width of 2.14 meters grading 7.62 g/t gold, 33.04 g/t silver and 3.4% lead, including: 0.43 meters of 26.41 g/t gold, 102.60 g/t silver and 5.2% lead and 0.38 meters of 9.91 g/t gold, 40.40 g/t silver and 8.1% lead

SC-D11-248 A true mineralized width of 5.7 meters grading 26.19 g/t (grams/ton) gold and 41.59 g/t silver, including: 0.81 meters of 132.34 g/t gold and 112.20 g/t silver. 0.36 meters of 66.41 g/t gold and 245.00 g/t silver.

March 22, 2011

SC-D11-252 A true mineralized width of 3.00 meters grading 7.14 g/t gold, 133.44 g/t silver 6.67% lead and 1.16% copper including: 0.48 meters of 0.26 g/t gold, 580.00 g/t silver, 2.1% copper and 30.0% lead 0.52 meters of 27.20 gold, 42.10 g/t silver, 1.3% copper and 1.0% lead

SC-D11-255 A true mineralized width of 1.94 meters grading 135.31 g/t (grams/tonne) gold, 39.72 g/t silver and 6.51% lead Including: 0.47 meters of 206.08 g/t gold, 89.40 g/t silver and 4.0 % lead. 0.52 meters of 97.64 g/t gold, 20.90 g/t silver and 1.7% lead. 0.50 meters of 228.01 g/t gold, 47.10 g/t silver and 6.1% lead.

March 31, 2011

SC-D11-258 A true mineralized width of 2.85 meters grading 2.38 g/t gold, 178.65 g/t silver and 25.18% lead including: 0.43 meters of 1.44 g/t gold, 729.00 g/t silver, and 26.8% lead 0.48 meters of 3.73 g/t gold, 253.00 g/t silver, and 24.8% lead 0.48 meters of 9.08 g/t gold, 53.70 g/t silver, and 13.9% lead

SC-D11-267 12.38 meters (true width) of 188.52 g/t gold, 171.88 g/t silver and 14.84% lead including 0.88 meters of 494.32 g/t gold, 143.60 g/t silver and 10.37 % lead, and 0.50 meters of 25.60 g/t gold, 395.00 g/t silver and 33.07 % lead.

18 For full range of drilling results, pls see: drill assays as of September 30, 2011 on www.huntmining.com/projects/la-josefina

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May 2nd, 2011

SVN-D11-271

1.24 meters true width of 38.31 g/t (grams/tonne) gold, 150.92 g/t silver and 12.66% lead, including 0.38 meters true width of 85.12 g/t gold, 337 g/t silver and 26.97% lead, also 0.38 meters true width of 37.24 g/t gold

SVN-D11-272

0.87 meters true width of 18.94 g/t gold, 184.44 g/t silver and 1.04% copper, including 0.50 meters true width of 31.92 g/t gold and 220 g/t silver and 1.54 % copper

SVN-D11-275

2.42 meters true width of 3.56 g/t gold and 63.94 g/t silver including 0.40 meters true width of 11.60 g/t gold, also 1.50 meters true width of 4.43 g/t gold and 96.22 g/t silver

May 05, 2011

SSI-D11-278

19.47 meters (63.88 feet) true width of 18.83 (grams/tonne) g/t gold, including 9.48 meters true width of 32.04 g/t gold, including • 3.00 meters true width of 62.87 g/t gold

SSI-D11-282

4.45 meters true width of 4.83 g/t gold, including 1.45 meters true width of 11.65 g/t gold 1.00 meter true width of 8.95 g/t gold (second mineralized intercept)

SSI-D11-286

7.00 meters true width of 3.01 g/t gold, including 2.00 meters true width of 7.51 g/t gold,

SSI-D11-287

1.00 meters true width of 40.97 g/t gold

For full range of drilling results, pls see: drill assays as of September 30, 2011 on www.huntmining.com/projects/la-josefina

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July 26th, 2011

SVN-D11-312 6.2 meters true width (20.3 feet) of 4.47 g/t gold, 573 g/t silver, 1% Copper and 13% lead, including 2.6 meters of 5.85 g/t gold and 538.39 g/t silver and 1.9 meters of 5.62 g/t gold and 1102.20 g/t silver

SVN-D11-314

2.4 meters true width (7.8 feet) of 7.34 g/t gold, 65.62 g/t silver, including 1.00 meters of 16.91 g/t gold and 137.35 g/t silver

SVN-D11-309, 310, 311, 313, and 318

Gold and silver grades range from below detection limit (< 0.01 g/t Au) to3.18 g/t gold and 205g/t silver.

Sep 30th, 2011

SVN-D11-323

1.72 meters true width (5.6 feet) of 4.33 g/t gold, 26.02 g/t silver, including 0.44 meters true width (1.4 feet) of 14.4 g/t gold and 77.9 g/t silver

SVN-D11-326

1.00 meters true width (3.3 feet) of 4.93 g/t gold, 86.67 g/t silver

SVN-D11-327

0.95 meters true width (3.1 feet) of 1.39 g/t gold, 196.75 g/t silver


SVN-D11-317, 319, 320, 321, 322, 324, 325, 328, 329, 331, 332, 333, 334, 335, 336, 337, 338, 339

Gold and silver grades range from below detection limit (< 0.01 g/t Au) to 4.56 g/t gold and 197.70 g/t silver.

2011 - La Josefina Drill Hole Locations

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Sinter Area = 24 Core Holes Veta Norte Area = 13 Core Holes Central Area = 25 Core Holes

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2011 La Josefina, Sinter Area Drill Hole Locations

Hole SSI-D11-278: 19.47 meters (63.88 feet) true width of 18.83 (grams/tonne) g/t gold, including 9.48 meters true width of 32.04 g/t gold, including 3.00 meters true width of 62.87 g/t gold Hole SSI-D11-282: 4.45 meters true width of 4.83 g/t gold, including 1.45 meters true width of 11.65 g/t gold 1.00 meter true width of 8.95 g/t gold (second mineralized intercept) Hole SSI-D11-286 7.00 meters true width of 3.01 g/t gold, including 2.00 meters true width of 7.51 g/t gold, Hole SSI-D11-299: 34.0 meters (111.5 feet) true width of 2.82 g/t gold, including 6.25 meters true width of 7.29 g/t gold, including 1.25 meters of 11.76 g/t gold and 0.65 meters of 15.57 g/t gold


La Josefina - Timelines

Acquisition of other Argentina Projects

Exploration at other Argentina Projects

Acquisition of Flagship La Josefina Project

Exploration of Flagship La Josefina Project

In-house Resource Calculation – La Josefina

43-101 Resource

Calculation – La Josefina

Metallurgical Study La Josefina

PEA, Scoping, Prefeas Study La Josefina

Feasibility Study La Josefina Base Line

Environmental Study Q1 Q2 Q3 Q4

2006

Q1 Q2 Q3 Q4

2007

Q1 Q2 Q3 Q4

2008

Q1 Q2 Q3 Q4

2009

Q1 Q2 Q3 Q4

2010

Q1 Q2 Q3 Q4

2011 Complete

Underway / Planned H

UN

T M

ININ

G C

OR

P IN

CEP

TIO

N

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Bajo Pobre Project

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•  Earn up to 100% interest by spending $500,000 •  Property encompasses 32 square kilometers •  Greater than 8 kilometers of mineralized vein strike has been mapped and sampled •  Widespread intense hydrothermal alteration covers an area of more than 10 square kilometers

El Gateado Project

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•  Project block encompasses 190 km sq. for both El Gateado and Lobuno •  Mineral rights are 100% owned by the Corporation •  Property is contiguous to La Josefina •  12 core holes drilled in 2006 by subsidiary of Hunt Mining Corp. •  Core drilling over 2300 meters in 2011

2011 Key Objectives in Progress

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•  Offset historic drill holes at La Josefina to supplement and enhance current resource

•  Conduct resource expansion drilling where ore shoots remain open at La Josefina

•  Expand exploration drilling with new targets within La Josefina and El Gateado, as well as

some of the many untested targets

•  Update NI 43-101 compliant resource estimate at La Josefina

•  Initiate PEA, scoping and feasibility study for La Josefina

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Key Value Drivers

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Large portfolio of exploration and development projects in the Santa Cruz province of Argentina

Excellent potential at its flagship La Josefina project

Excellent exploration potential across the region

Management team has an outstanding exploration, discovery, and development record in the region

Executing on exploration program in Santa Cruz; drill rigs turning and generating consistent, positive news flow

Efficient planning at La Josefina: 2012-2013 completion of development, economic feasibility, production decision and formation of CCSA-Fomicruz joint venture company; 2014; mine construction phase and 2015; projected production

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Contact Information

1611 N. Molter, Suite 201, Liberty Lake, WA 99019 USA Phone 1.509.892.5287 Fax 1.509.892.5318 www.huntmining.com HMX: TSX.V

Matthew Hughes President and CEO 509-892-5287 [email protected]

Dean Stuart Investor Relations 403-517-2270 [email protected]

Viresh Varma Director of Corp Development 647-588-0460 [email protected]