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January
12, 2006
News Release
HuntMountain Resources 2005 Review
(SPOKANE, Wash.) HuntMountain Resources (OTCBB: HNTM)
is pleased to provide a review of its 2005 operations. We
have been diligently building a foundation consisting
of accomplished business managers and experienced exploration
professionals. HuntMountain’s
base of investors is committed to the success of the
firm and has provided the financial resources to acquire
and explore mineral properties of merit after thorough
analysis and prudent selection.
The year ahead looks very promising, and HuntMountain
is in a prime position to capitalize on the opportunities
available in the current precious metals bull market.
2005 Highlights
- HuntMountain Resources officially forms and assumes
Metaline Mining and Leasing Company, a former Spokane
Stock Exchange shell corporation.
- Two private placement financings in March 2005 increase
the Company’s cash position to US $1.1 million.
- Tim Hunt, president of 800-employee manufacturer
Huntwood Industries, joins former Mines Management,
Inc. president, Dr. William Green, and former Northwest
Mining Association president, Dr. Eberhard Schmidt,
on the Company’s board of directors.
- Randal Hardy, formerly the Treasurer of Sunshine
Mining & Refining Company and CEO of Sunshine Minting,
is appointed Chief Financial Officer and Treasurer
of the Company.
- Matthew Hughes joins HuntMountain as Vice President
of Exploration after serving as Chief Geologist for
Mundoro Mining’s Maoling Gold Project in China
and exploring precious and base mineral properties
throughout the U.S., Argentina, and Asia for 17 years.
- The Company continues to evaluate and analyze numerous
exploration and advanced stage precious and base metals
properties in North and South America. Areas
of focus include projects with up-side and near-term
production potential in Alaska, Canada, the Western
United States and Argentina.
Continued strength in the precious metals market coupled
with a well-financed, professionally-managed junior exploration
venture makes HuntMountain Resources a solid ground-floor
investment opportunity. We anticipate an exciting
and successful year in 2006 and invite you to learn more
at www.huntmountain.com.
Please visit our booth at the Cambridge House Investment
Conference in
Vancouver, British Columbia January 22-23. Register today at www.goldshow.ca.
HuntMountain Resources is a U.S.-based
junior exploration company engaged in acquiring, exploring
and developing precious and base metals properties throughout
North and South America.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not even be anticipated. This news release is neither a prospectus nor an offer to sell securities or stocks in the company. It is intended for informational purposes only.
FOR FURTHER INFORMATION PLEASE CONTACT:
Steve Taylor, Director of Investor Relations
HuntMountain Resources
(509) 892-5287 phone (509) 893-5318 fax
staylor@huntmountain.com
www.huntmountain.com
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