Hunt Gold Corporation (HGLC)

[Militia Man]

"In mineral exploration, "proven reserves" require that there be close spaced drilling to give assurance of continuity of the gold deposit, as well as a feasibility study demonstrating that the deposit can be mined at a profit. Obviously a lot of drilling must take place to get to this point, and that is what Hunt Gold Corporation is in the process of doing. The gold mineralization at the Company's "Mockingbird" Gold Project cannot be considered to be a "proven reserve" until much later in the "Mockingbird" exploration process."

"The Company is obtaining bids from at least two drilling companies for its next Mockingbird drill campaign, to begin by the end of February. One of the drill companies will be visiting the site early next week. The present intention is to use a track-mounted or rubber tire (buggy) rig capable of reverse circulation (RC) drilling. RC drilling is much more economical on a per foot basis than core drilling and will permit the next drill campaign to dramatically increase the footage drilled. Using such a rig minimizes the need to construct drill roads, thus eliminating environmental disturbance and greatly reducing BLM bonding requirements.

Project Geologist Ed Huskinson will next week initiate a comprehensive reconnaissance sampling program at the Company's "Mockingbird" Gold property. Numerous additional mineralized areas were discovered during the recent drill campaign, and this program will inventory and sample the surface outcrops in a thorough way. During the following two weeks, soil geochemical samples will be taken on a 200 foot grid over priority areas, most notably the 56 recently staked claims in the former Anaconda project area. Geochemical results will be posted onto a map and contoured, thus generating "bulls-eye" targets for the next phase of drilling".

Pretty straight forward.. Concurs with latest pr..

Also to note, Ed H worked with EXON to refine the use of the RCR drilling method, case some missed that in their DD..

http://pinksheets.com/pink/quote/quote.jsp?symbol=hglc

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