Hunt Gold Corporation -- Disposal of American Molygold Corp

Company Confirms Completion of American Molygold Corp Sale in January 2009


Hunt Gold Corporation (PINKSHEETS: HGLC) announced on November 14, 2008 the sale of its " Molybdenum" interests held through its subsidiary company, American Molygold Corp.

The sale amount is US$620 million to be settled in shares of Common Stock of a USA quoted Company focussed exclusively on the business of Molybdenum. The sale will be completed upon the transfer of title of the various claims held by American Molygold Corp, to the Purchaser.

This transaction will be completed by mid January 2009.

The value of this disposal equates to US$0.0021 per 1 share of Hunt Gold Corporation Common Stock. The Company's stock is currently trading at US$0.0003 in the market.

Once the value of the Company's 14 (fourteen) Gold Mining Properties, already significantly increased by the steady rise in the price of Gold, to this value, clearly demonstrates and reflects the huge discount to Net Asset Value at which the Company's stock is currently trading in the market.

As announced on August 15, 2008, the Company announced that it intended to distribute all of the proceeds from the sale of American Molygold Corp to its stockholders upon receipt of these proceeds. This Stock Dividend has been approved in writing by stockholders holding in excess of 75% of this Company's Common Stock.

This will result in a Stock Dividend payout to stockholders valued at US$0.0021 per 1 (one) share of Hunt Gold Corporation Common Stock.

Stockholders will be advised once the "Record Date" and "Pay Date" of this Stock Dividend has been declared.

Hunt Gold Corporation intends to focus exclusively on the Exploration and Mining of its existing Gold properties. The Company does not need to place any shares for cash, nor does it need to retain any of the proceeds from the sale of American Molygold Corp, as it is funding the exploration of its Gold Mining interests through traditional Bank Mortgage Finance.

Molybdenum has become very important as demand for moly is tied to demand for steel used in the petroleum industry (e.g. drill pipe, pipeline construction), which will benefit from accelerated petroleum exploration and development in an era of high oil prices.

The molybdenum assets held by American Molygold Corp and disposed of by your Company; are as follows:


1. American Molygold. The American Molygold property is in the Cherry Mining District in Yavapai County, Arizona approximately 10 miles from Jerome. This 1,900 acre property includes the two major historic gold producing mines in the district, Monarch and Logan, as well as a probable resource of 150,000 tons and an inferred resource of 5,000,000 tons, based on work by the prior owner, Alanco. It is a Precambrian deposit in a Bradshaw Granite intrusion into Yavapai Schist, located along the Verde Fault. There is a large, partially stripped gold-bearing zone of alteration with vein lets of copper and molybdenum mineralization that has been interpreted as being the outer layer or shell of porphyry copper / moly mineralization on the eastern portion of the claims. The vein systems may warrant underground development and there is potential for an open pit low gold content target with associated moly and base metals production.

2. Rochester Molygold. The Rochester Molygold property is in the Rabbit Mining District in Madison County, Montana, approximately 30 miles from Butte and comprises approximately 2,250 acres. The project includes a majority of the former FMC Gold project, which reported an 850,000 ounce gold resource. It also includes the former US Steel moly project. This is also a Precambrian deposit with the gold found in well defined veins that strike north or northeast and dip steeply west, usually associated with granite dikes. Additionally, there are placer gold workings along Rochester Creek, and a possible method of mining would use water from dewatering the underground workings for placer mining downstream. The moly is found in a recambrian quartz monzonite stock , which is altered to a greisens -- like vuggy aggregate of muscovite, quartz, and clots and disseminated grains of pyrite and molybdenite, as well as quartz veins containing same.


ABOUT HUNT GOLD CORPORATION

Hunt Gold Corporation 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." The Company has completed the sale of its "American Molygold" interests and will be distributing the entire sale proceeds through a Stock Dividend to its stockholders, this to be announced shortly.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or "planned," "will," or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

For further information contact:
Hunt Gold Corporation
E Mail: Email Contact
Telephone: (954) 840-6956
Contact: Mr. Michael G Saner

Hunt Gold Corporation -- Company to Commence Stock Purchases

Hunt Gold Corp. confirms will start purchasing its shares

NEW YORK, NY -- (Marketwire) -- 11/07/08 -- Hunt Gold Corporation (PINKSHEETS: HGLC)announced on November 4, 2008 that it had been resolved that the Company will commence with the purchase of shares of its own Common Stock in the market.

The Company is now in a position to confirm that it will commence these purchases early next week as the necessary arrangements have been made with Brokers to purchase these shares for and on behalf of the Company.

The Company is confident that it will be in a position to accumulate fairlysubstantial amounts of stock at the current very low price levels as itappears that there are significant sellers or "weak holders" at these price levels, based upon our observations of this week's trading patterns in the market.

The Company stresses that these purchases of its shares of Common Stock in the market are for investment purposes only; once purchased, they will beheld in Treasury and will not be cancelled.

The Company intends to sell these shares in the market in due course and at what Management believes will be at a substantial profit, and only at such time as the Company's stock price corrects itself to reasonable and accurate prices.

The Company will account for these profits as an Extraordinary Item in its Financial Statements.

ABOUT HUNT GOLD CORPORATION

Hunt Gold Corporation is a Gold Mining & Exploration Company focused on thedevelopment and exploration of its Gold properties, namely "Mockingbird,""Ambassador," "Golden Eagle," "Gladstone Lookout," "Lady Alde," "LookoutSilver," "Starlight," "American flag," "Venezia," "Stormcloud," "Cherry,""Buffalo Limecap," "Red Cloud" and "Federal." The Company has completedthe sale of its "American Molygold" interests and will be distributing theentire sale proceeds through a Stock Dividend to its stockholders, this tobe announced shortly.

This release contains "forward-looking statements" within the meaning ofSection 27A of the Securities Act of 1933, as amended, and Section 21E theSecurities Exchange Act of 1934, as amended and such forward-lookingstatements are made pursuant to the safe harbor provisions of the PrivateSecurities Litigation Reform Act of 1995. "Forward-looking statements"describe future expectations, plans, results, or strategies and aregenerally preceded by words such as "may," "future," "plan" or "planned,""will" or "should," "expected," "anticipates," "draft," "eventually" or"projected." You are cautioned that such statements are subject to amultitude of risks and uncertainties that could cause future circumstances,events, or results to differ materially from those projected in theforward-looking statements, including the risks that actual results maydiffer materially from those projected in theforward-looking statements as a result of various factors, and other risksidentified in a companies' annual report on Form 10-K or 10-KSB and otherfilings made by such company with the SEC.

For further information contact:Hunt Gold CorporationE Mail: Email ContactTelephone: (954) 840-6956Contact:Mr. Michael G Saner

Hunt Gold Corporation -- Company Stock Purchases

Company Approves Purchases of Its Own Stock

NEW YORK, NY, Nov 04, 2008 (MARKET WIRE via COMTEX) -- Hunt Gold Corporation (PINKSHEETS: HGLC) has resolved to purchase shares of its Common Stock in the market, on the following basis:

-- The Company's stock price is at this time significantly undervalued and the Management of the Company is of the opinion that given the extremely positive developments in the Company's strategy coupled with the Company's position never been as strong as it is at this time; the stock price will correct itself in the short to medium term and as the Company has watched circa 70% of its market capitalization disappear over the past week for no rational nor logical reason; it presents a significant opportunity for the Company to make short to medium term investment profits which serve to increase the Company's cash reserves over the short to medium time based upon these investment profits.

-- The Company will utilize surplus cash to purchase shares of its Common Stock in the market as an Investment, these shares so purchased; will be held in Treasury and will not be cancelled.

-- The Company intends to sell these shares in the market and what Management believes will be at a substantial profit; and at such time as the Company's stock price corrects itself to reasonable and accurate prices.

-- These purchases will commence shortly and the Company undertakes to provide its stockholders with details of its stock purchases on a fortnightly basis; this being voluntary as the Company is a "Non Reporting Company" at this time and therefore has no duty to disclose its stock purchases; nor its sales and profits on these stock purchases. Upon the Company becoming a "Reporting Company" with the SEC; the Company would file the appropriate disclosures.

-- The Company is not purchasing these shares of its Common Stock in the market to increase its stock price, this is a short to medium term investment as far as the Company is concerned. Management wishes to stress that it will not be cancelling these shares of its Common Stock purchased in the market and intends to purchase its own shares of Common Stock as an
investment based upon the prevailing share price. At no time, does this Company intend to state as to what price it is prepared to pay for its shares in the market; nor at what price it will take profits on these purchases of its own shares.

-- This is a short term opportunity upon which the Company intends to capitalize upon. The Company cannot disclose the amount of shares which it intends to purchase; as this will be wholly dependent upon the price of the price of the Company's shares offered in the market from to time and at the discretion of the Management of the Company.



ABOUT HUNT GOLD CORPORATION

Hunt Gold Corporation 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." The Company has completed the sale of its "American Molygold" interests and will be distributing the entire sale proceeds through a Stock Dividend to its stockholders, this to be announced shortly.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

For further information contact:

Hunt Gold Corporation
E Mail: Email Contact
Telephone: (954) 840-6956
Contact: Mr. Michael G Saner



SOURCE: Hunt Gold Corporation
http://www2.marketwire.com/mw/emailprcntct?id=01FF1AA153BDCC58

Copyright 2008 Market Wire, All rights reserved.

Hunt Gold Corporation: Company Updates Stockholders on Developments

NEW YORK, NY, Nov 03, 2008 (MARKET WIRE via COMTEX) -- Hunt Gold Corporation (PINKSHEETS: HGLC) updates its tockholders on the Company's progress on various key issues:

-- The Company confirms that its plans for drilling are being expedited on portions of its "Mockingbird" Gold Mining property in Arizona. To this end, the Company has initially targeted and located drill sites for 7 to 8 drill holes at the "Great West," "Pocahontas" and "Dandy" mines which form part of the "Mockingbird" Gold Mining property. Geochemical and Geophysical work is being overseen at these sites at this time to assist in the identification of the drill targets. It is envisaged that we intend to commence with 1,000 feet of core drilling at this time.

-- These drill sites are not located on State Land and permits are only required from the BLM. These permits will be filed shortly and upon final identification of the intended drill sites. The BLM permits are not expected to take more than 15 days to obtain the necessary approvals. The Company is finalizing the details with various drilling contractors at this time and is very confident that this initial drilling will commence by late November, 2008.

-- The Company has sufficient working capital to expedite and commence with this initial drilling and to drastically increase its drilling as is required and dependent upon drill results.

-- The Company has no intentions of raising any additional cash at this time, to fund its exploration; and is securing an initial US$5 million in traditional bank finance to expedite exploration plans for the first quarter of 2009. The Company's stock price does not in any way affect the Company's plans whatsoever and no placement of shares of the Company's Common Stock is being contemplated whatsoever. The Company will be securing this funding through a Mortgage over the title of the Mockingbird Gold Mine. The Lender will have no recourse to Hunt Gold Corporation in respect of this Loan as the Mockingbird Gold Mine is held by a subsidiary company of Hunt Gold Corporation. The Company will be drawing upon this facility as funds are required and expects to finalize this Mortgage at prevailing interest rates. Given prevailing low interest rates and our Company's undervalued stock price; the Management of your Company has elected to borrow the funds required through traditional Mortgage Finance over an issue of
shares for cash. This strategy will remain unchanged in respect of the working capital financing requirements of all of our Gold Mining properties until such time as our stock price correct itself to its net asset value.

-- The Company has been extremely fortunate to secure the services of additional full time Geologists and other Mining specialists; which are facilitating and are now "fast tracking" (a) the Company's physical exploration work and (b) The completion of the Industry Standard Mining Reports and valuations on all of the Companies Gold Mining & Exploration properties. The ompany has the necessary expertise "on site" at this time and at the various targeted drill sites.

-- The Company is acutely aware of the unwarranted and substantial fall in its stock price of late and comments as follows:

The Company has never been in a stronger position than it is at this time and the Company's stock is trading at a very substantial discount to its actual provable and tangible value; and The Company is commencing physical exploration without any delays which will further serve to increase the value of the Company; and Management of your Company is extremely bullish on the prospects for Gold and on the prices for Gold in the short to long term; and The Company has a strong and very highly experienced Mining Team which is complemented by the necessary experts retained by the Company on a full time basis and others on a Consultative basis; and Certain of the Company's Gold Mining properties have Proven Reserves and have completed bankable feasibility studies. This coupled with the fact that certain of the Company's Gold Mining properties are historic producers; has placed the Company is a very strong position in terms of its Net Asset Value and its ability to secure traditional bank finance to fund operations; and The Company is completing the sale of its "non gold" assets, being its Molybdenum interests. This commodity has become very important as demand for moly is tied to demand for steel used in the petroleum industry (e.g. drill pipe, pipeline construction), which will benefit from accelerated petroleum exploration and development in an era of high oil prices. These assets held through your Company's, American Molygold Corporation; the sale proceeds of these assets this will create a windfall for our Company's stockholders in the first quarter of 2009; and This Company, unlike many other Gold Exploration Companies has no need to raise cash to fulfill its objectives.

-- The Company sees absolutely no reason to effect any Reverse Split of the Company's shares of Common Stock and has absolutely no intention of doing so. Management of the Company is now extremely confident that the Company's stock price will recover and fast without any
Stock Split being necessary.

This will be achieved through an aggressive "Investor Awareness Campaign" to introduce the Company and its Management to Investors, the release of the Reports on the Company's Gold Mining Assets, its true valuations; this being coupled with the commencement of the physical drilling and exploration of the Company's Gold Mining properties, with the immediate targeted
drilling sites being exploited and commencing this month with weekly results being announced to investors; resulting in tangible results being made available to our stockholders.

-- Your Company's Management is urgently reviewing its Public and Investor Relations equirements and is extremely confident that it will be in a position to report back to stockholders this week as to the necessary and urgent steps being taken by your Company's Management to rectify this problem. Your Company's Management realizes that resolution of this issue is key to Company's success and will in all likelihood result in an immediate and very positive effect its stock price as Investors will then be in a position to easily access key Company data which will enable them to assess the Company and its merits.

-- Your Company is at this time completing its Audited Financial Statements and Management can guarantee stockholders that Company will be filing the requisite documentation in order to become a "Reporting Company" with the SEC. Once achieved, we will be seeking a quotation
on the OTC BB. Your Company's Management wishes to place on Record its outlook for Gold over the coming months and years; this being a key issue for any investors in Gold Mining and Exploration Companies: It is our view that Gold mining companies have spent nowhere near
what their counterparts in base metals have poured into new operations and this, along with other fundamentals, will kick gold back up to $1,000/oz. The gold industry, from a production
perspective, is in crisis. In the last seven years, there's been a reduction production capacity. It is expected that we will see another five years of decline in this industry, with the estimated
rate of decline is around three percent a year for the next five years. We expect to see the fundamentals fully assert themselves. On a fundamentals basis, the industry is not investing enough in future production. As a consequence, you'll also see increasing cost pressures on those operations going deeper, increasing strip ratios; mine grades have dropped 30% over the last five years. On fundamentals, we believe the gold price will be strong and certainly we've been encouraged in the fact it's performed relatively well through the current crisis. In the industry we are seeing a structural break and we believe the fundamentals will drive where the price goes. The gold price has been driven by movements in the dollar, the oil price and inflation fears. It has also been driven by investment flows as people look for a safe haven for their cash in times of turbulence. It could be within the next month, the next three months or only within six months that we'll see the fundamentals fully assert themselves and again move towards the $1,000 an ounce target which we see as long-term sustainable. Stockholder enquiries should be directed to the Company's E Mail address in the interim whilst the Company assesses its immediate objective of the appointment of the appropriate Investor and Public Relations company to interact with our stockholders and whilst the Company implements its "Investor Awareness Campaign." The Company's Corporate web site, upon its completion, will be extremely detailed and will provide the answers to large number of stockholder and investor questions. It is guaranteed that this web site will go "live" very shortly and stockholders
may rest assured that its Management is fully aware of the urgency in the expediting of this web site.


ABOUT HUNT GOLD CORPORATION

Hunt Gold Corporation 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." The Company has completed the sale of its "American Molygold" interests and will be distributing the entire sale proceeds through a Stock Dividend to its stockholders, this to be announced shortly.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

For further information contact:

Hunt Gold Corporation
E Mail: Email Contact
Telephone: (954) 840-6956
Contact: Mr. Michael G Saner



SOURCE: Hunt Gold Corporation


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