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TSXV: HMX




Gold and Silver Exploration in
   Santa Cruz, Argentina
          October 2011


                                 1
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.

                                                                                                                                                                                        2
An Overview

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

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


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


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

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


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
                                                                                                    3
Capital Structure – June 30, 2011



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



                                                 4
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 "
"                                                                                                                5
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.




!
      "
"                                                                                                          6
Board of Directors
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.

                                                                                                           7
Discovery and Development
                           A Team with a Track Record


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)
                                      Danilo Silva      Matt Hughes
- Precious Metals deposits




                                                                      8
Hunt Mining Project Locations
Exploration and Mining Concessions, Deseado Massif Precious Metal Province, Santa Cruz Argentina
                                   70                                         68
                                                                                     MAJOR LAND HOLDERS (ranked by size of holdings)

                                                                                           FOMICRUZ SE
                                                                                           HUNT MINING CORP / CCSA       2,868 sq. kilometers
                                              = Regional Mineralized Trends                MIRASOL RESOURCES LTD
                                                                                           PATAGONIA GOLD PLC
                                                                                           HIDEFIELD / MINERA IRL
                                                                                           EXTORRE GOLD MINES LTD
                                                                                           HOCHSCHILD ARGENTINA SA (San Jose Mine)
                                                                                           COEUR ARGENTINA SRL (Martha Mine)
48                                                                                         IAMGOLD ARGENTINA SA                                 48
                                                                                           ANGLO / FOMICRUZ (Cerro Vanguardia Mine)
                                                                                           MINERA ANDES INC (San Jose Mine)
                                                                                           ARGENTEX MINING CORP
                                                                                           PAN AM. SILVER / SJSA (Manantial Espejo Mine)
                                                                                           GOLD CORP. (formerly Andean Resources)
                                                                                           OTHER COMPANIES




47



                                                                        Cerro
                                                                        Vanguardia
         South America




                                           Mina Martha
                 Argentina                    Manantial
                 Deseado Massif               Espejo
                 Santa Cruz


     0      20                50
         KILOMETERS
                                                                                                                                                     9
Geological Setting

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



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


Deposits are hosted in Jurassic aged
volcanic rock localized by structures,
often many meters wide and hundreds
of meters to several kilometers long



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



                                                      10
Project Summary

                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

                                                                  11
12

                        La Josefina: Flagship Project



•  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)




                                                             12
La Josefina - Pre 2011
                                    Drill Program Highlights


 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
                                                                                                                                    13
La Josefina - Pre 2011: Veta Norte Zone
                              Veta Sur Shoot Long Section




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
                                                                                                                                                                           14
La Josefina Sinter Target




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   15
La Josefina - Pre 2011: Noreste Zone
                              Sinter Target



Silica exhalite        Flat line sinter
related to hot         layer exposed
spring activity        over an area
                       of 2.5 km x 300
                       m or more




Structurally           Potential
controlled,            open pit, bulk
high-grade             minable
mineralization         operation
going to depth




                                                         16
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:


             Hole # / Target :              Interval       Interval Au       Max Au Equiv. Min depth       Max          Average        Interval Au       Interval Ag         Percent Au Interval Cu Interval Pb Interval Zn
No. 	
            Shoot	
                 length (m)	
   Equivalent (g/T) 	
   Assay (g/T) 	
   (m) 	
   depth (m)	
   depth (m)	
        (g/T) 	
          (g/T) 	
          of Equiv. 	
   %	
         %	
         %	
  
 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%	
  
 7	
     SVN181 / V Norte : Amanda	
         4.40 	
          11.30 	
          37.57 	
        162.2	
     166.6	
       164.4	
            8.46 	
         176.81 	
          75%	
      1.2%	
      0.2%	
      0.1%	
  
 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%	
  
22	
     SVN172 / V Norte : Amanda	
         7.90 	
            4.04 	
         10.13 	
        222.7	
     230.6	
       226.65	
           3.21 	
           51.47 	
         80%	
      1.5%	
      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                                                         17
La Josefina 2011– Drill Results Highlights

                                                                                                    Highlights taken from 2011 press releases

March 3,    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:
2011                        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,   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%
2011                        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,   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
2011                        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.



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

                                                           Highlights taken from 2011 press releases

May 2nd,   SVN-       1.24 meters true width of 38.31 g/t (grams/tonne) gold, 150.92 g/t silver and
2011       D11-271    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-       0.87 meters true width of 18.94 g/t gold, 184.44 g/t silver and 1.04% copper,
           D11-272    including
                      0.50 meters true width of 31.92 g/t gold and 220 g/t silver and 1.54 % copper

           SVN-       2.42 meters true width of 3.56 g/t gold and 63.94 g/t silver including
           D11-275    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,    SSI-       19.47 meters (63.88 feet) true width of 18.83 (grams/tonne) g/t gold,
2011       D11-278    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-       4.45 meters true width of 4.83 g/t gold, including
           D11-282    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-       7.00 meters true width of 3.01 g/t gold, including
           D11-286    2.00 meters true width of 7.51 g/t gold,


           SSI-       1.00 meters true width of 40.97 g/t gold
           D11-287



                     For full range of drilling results, pls see: drill assays as of September 30, 2011 on www.huntmining.com/projects/la-josefina
                                                                                                                                                     19
La Josefina 2011– Drill Results Highlights
                                                                                                     Highlights taken from 2011 press releases

July 26th,   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
2011                            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,       Gold and silver grades range from below detection limit (< 0.01 g/t Au)
             310, 311, 313,     to3.18 g/t gold and 205g/t silver.
             and 318             
Sep 30th,    SVN-D11-323       1.72 meters true width (5.6 feet) of 4.33 g/t gold, 26.02 g/t silver, including
2011                           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,      Gold and silver grades range from below detection limit (< 0.01 g/t Au)
             319, 320, 321,    to 4.56 g/t gold and 197.70 g/t silver.
             322, 324, 325,
             328, 329, 331,
             332, 333, 334,
             335, 336, 337,
             338, 339




                   For full range of drilling results, pls see: drill assays as of September 30, 2011 on www.huntmining.com/projects/la-josefina   20
2011 - La Josefina Drill Hole Locations




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




                                                        21
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




For full range of drilling results, pls see: drill assays as of September 30, 2011 on www.huntmining.com/projects/la-josefina
                                                                                                                                  22
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




                                                                                         HUNT MINING CORP INCEPTION
    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   Q1   Q2   Q3   Q1   Q2   Q3   Q1   Q2   Q3   Q1                            Q2   Q3   Q1   Q2   Q3
                            Q4             Q4             Q4             Q4             Q4                                      Q4


                                 2006           2007           2008           2009                                    2010           2011
             Complete

             Underway / Planned
                                                                                                                                               23
Bajo Pobre Project

•    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




                                                                                                   24
El Gateado Project

•  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




                                                                      25
2011 Key Objectives in Progress


•    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




                                                                              26




                                                                                                  26
Key Value Drivers

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


                                                                            27
Contact Information


Matthew Hughes
President and CEO
509-892-5287
MHughes@huntmining.com


Viresh Varma
Director of Corp Development
647-588-0460
VireshVarma@huntmining.com


Dean Stuart
Investor Relations
403-517-2270
DStuart@huntmining.com




  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


                                                                                                                                  28

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HMX Corp. Presentation

  • 1. TSXV: HMX Gold and Silver Exploration in Santa Cruz, Argentina October 2011 1
  • 2. 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. 2
  • 3. An Overview 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 The Company is a major land holder in Santa Cruz Province controlling 2,867 sq. km (286,792 hectares) encompassing 31 mineral concessions 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 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 Currently drilling to build on historical resource as indicated in the NI 43-101 Technical Report reported on www.sedar.com in October 2010 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 3
  • 4. Capital Structure – June 30, 2011 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 4
  • 5. 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 " " 5
  • 6. 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. ! " " 6
  • 7. Board of Directors 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. 7
  • 8. Discovery and Development A Team with a Track Record 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) Danilo Silva Matt Hughes - Precious Metals deposits 8
  • 9. Hunt Mining Project Locations Exploration and Mining Concessions, Deseado Massif Precious Metal Province, Santa Cruz Argentina 70 68 MAJOR LAND HOLDERS (ranked by size of holdings) FOMICRUZ SE HUNT MINING CORP / CCSA 2,868 sq. kilometers = Regional Mineralized Trends MIRASOL RESOURCES LTD PATAGONIA GOLD PLC HIDEFIELD / MINERA IRL EXTORRE GOLD MINES LTD HOCHSCHILD ARGENTINA SA (San Jose Mine) COEUR ARGENTINA SRL (Martha Mine) 48 IAMGOLD ARGENTINA SA 48 ANGLO / FOMICRUZ (Cerro Vanguardia Mine) MINERA ANDES INC (San Jose Mine) ARGENTEX MINING CORP PAN AM. SILVER / SJSA (Manantial Espejo Mine) GOLD CORP. (formerly Andean Resources) OTHER COMPANIES 47 Cerro Vanguardia South America Mina Martha Argentina Manantial Deseado Massif Espejo Santa Cruz 0 20 50 KILOMETERS 9
  • 10. Geological Setting High-grade epithermal, low sulfidation style vein deposits found throughout the region Nearly all of the hundreds of gold-silver and base metals occurrences in the Deseado Massif region in South Argentina are this type Deposits are hosted in Jurassic aged volcanic rock localized by structures, often many meters wide and hundreds of meters to several kilometers long Mineralized structures are comprised of quartz veins, stock-works and breccias that carry gold, silver, minor sulfides with variable amounts of base metals 10
  • 11. Project Summary 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 11
  • 12. 12 La Josefina: Flagship Project •  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) 12
  • 13. La Josefina - Pre 2011 Drill Program Highlights 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 13
  • 14. La Josefina - Pre 2011: Veta Norte Zone Veta Sur Shoot Long Section 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 14
  • 15. La Josefina Sinter Target 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 15
  • 16. La Josefina - Pre 2011: Noreste Zone Sinter Target Silica exhalite Flat line sinter related to hot layer exposed spring activity over an area of 2.5 km x 300 m or more Structurally Potential controlled, open pit, bulk high-grade minable mineralization operation going to depth 16
  • 17. 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: Hole # / Target : Interval Interval Au Max Au Equiv. Min depth Max Average Interval Au Interval Ag Percent Au Interval Cu Interval Pb Interval Zn No.   Shoot   length (m)   Equivalent (g/T)   Assay (g/T)   (m)   depth (m)   depth (m)   (g/T)   (g/T)   of Equiv.   %   %   %   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%   7   SVN181 / V Norte : Amanda   4.40   11.30   37.57   162.2   166.6   164.4   8.46   176.81   75%   1.2%   0.2%   0.1%   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%   22   SVN172 / V Norte : Amanda   7.90   4.04   10.13   222.7   230.6   226.65   3.21   51.47   80%   1.5%   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 17
  • 18. La Josefina 2011– Drill Results Highlights Highlights taken from 2011 press releases March 3, 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: 2011 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, 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% 2011 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, 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 2011 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. For full range of drilling results, pls see: drill assays as of September 30, 2011 on www.huntmining.com/projects/la-josefina 18
  • 19. La Josefina 2011– Drill Results Highlights Highlights taken from 2011 press releases May 2nd, SVN- 1.24 meters true width of 38.31 g/t (grams/tonne) gold, 150.92 g/t silver and 2011 D11-271 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- 0.87 meters true width of 18.94 g/t gold, 184.44 g/t silver and 1.04% copper, D11-272 including 0.50 meters true width of 31.92 g/t gold and 220 g/t silver and 1.54 % copper SVN- 2.42 meters true width of 3.56 g/t gold and 63.94 g/t silver including D11-275 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, SSI- 19.47 meters (63.88 feet) true width of 18.83 (grams/tonne) g/t gold, 2011 D11-278 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- 4.45 meters true width of 4.83 g/t gold, including D11-282 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- 7.00 meters true width of 3.01 g/t gold, including D11-286 2.00 meters true width of 7.51 g/t gold, SSI- 1.00 meters true width of 40.97 g/t gold D11-287 For full range of drilling results, pls see: drill assays as of September 30, 2011 on www.huntmining.com/projects/la-josefina 19
  • 20. La Josefina 2011– Drill Results Highlights Highlights taken from 2011 press releases July 26th, 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 2011 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, Gold and silver grades range from below detection limit (< 0.01 g/t Au) 310, 311, 313, to3.18 g/t gold and 205g/t silver. and 318   Sep 30th, SVN-D11-323 1.72 meters true width (5.6 feet) of 4.33 g/t gold, 26.02 g/t silver, including 2011 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, Gold and silver grades range from below detection limit (< 0.01 g/t Au) 319, 320, 321, to 4.56 g/t gold and 197.70 g/t silver. 322, 324, 325, 328, 329, 331, 332, 333, 334, 335, 336, 337, 338, 339 For full range of drilling results, pls see: drill assays as of September 30, 2011 on www.huntmining.com/projects/la-josefina 20
  • 21. 2011 - La Josefina Drill Hole Locations Sinter Area = 24 Core Holes Veta Norte Area = 13 Core Holes Central Area = 25 Core Holes 21
  • 22. 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 For full range of drilling results, pls see: drill assays as of September 30, 2011 on www.huntmining.com/projects/la-josefina 22
  • 23. 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 HUNT MINING CORP INCEPTION 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 Q1 Q2 Q3 Q1 Q2 Q3 Q1 Q2 Q3 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q4 Q4 Q4 Q4 Q4 2006 2007 2008 2009 2010 2011 Complete Underway / Planned 23
  • 24. Bajo Pobre Project •  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 24
  • 25. El Gateado Project •  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 25
  • 26. 2011 Key Objectives in Progress •  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 26 26
  • 27. Key Value Drivers 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 27
  • 28. Contact Information Matthew Hughes President and CEO 509-892-5287 MHughes@huntmining.com Viresh Varma Director of Corp Development 647-588-0460 VireshVarma@huntmining.com Dean Stuart Investor Relations 403-517-2270 DStuart@huntmining.com 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 28