Gold Hunter Completes the Consolidation of Major Gold District

Vancouver, BC - Gold Hunter Resources Inc. (CSE:HUNT) (OTC PINK:GHREF) has finalized the acquisition of an option to earn 100% interest in the Great Northern and Viking Projects. The projects, situated in Newfoundland and Labrador, were acquired through an option agreement with Magna Terra Minerals Inc. Gold Hunter issued 7,042,253 shares at a deemed price of $0.142 per share and made a cash payment of $300,000. Future obligations include additional share issuances and cash payments to maintain the option through June 2026.

Additionally, Gold Hunter acquired 195 mineral claims adjacent to the projects and completed the acquisition of Long Range Exploration Corporation. The acquisition converted Long Range into a wholly-owned subsidiary, involving the issuance of 9,000,000 shares and a $50,000 cash payment to cover outstanding expenses.

The Great Northern and Viking Projects are located along a 30 km section of the Doucers Valley Fault, hosting several known gold occurrences. The project's future includes numerous untested trends and a variety of mineralized veins containing visible gold.

Gold Hunter also announced the appointment of Darrell Brown and Lew Lawrick to its board of directors. This follows the strategic alliances formed through the recent agreements, which aim to advance gold exploration and development in the region.