Spokesman Review
Saturday, August 20, 2005

Metaline Mining & Leasing Co., of Liberty Lake, has a new name and a new trading symbol, reflecting a large stock purchase by the Hunt Family Limited Partnership.

The partnership is led by Tim Hunt, 52, the founder and president of Huntwood Industries, a large custom cabinet manufacturer in Liberty Lake. Earlier this year, the Hunt Family partnership bought 7.7 million shares of Metaline's stock for about $500,000, giving the partnership a 51.5 percent ownership.

The junior mining company was renamed HuntMountain Resources. It will trade under the symbol HNTM on the over-the-counter market.

Metaline was founded in 1927, but has been inactive for decades. Hunt said he hopes to restart the firm's exploration activity.

"We are proud to be moving this company forward after such a long period of inactivity," Hunt said. "HuntMountain Resources is laying the foundation for a successful future in precious metals exploration."

HuntMountain Resources (formerly Metaline Mining and Leasing Company) is a U.S.-based junior exploration company engaged in acquiring, exploring and developing precious and base metals properties throughout North and South America.

This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not even be anticipated. This news release is neither a prospectus nor an offer to sell securities or stocks in the company. It is intended for informational purposes only.

FOR FURTHER INFORMATION PLEASE CONTACT:
Steve Taylor, Director of Investor Relations
HuntMountain Resources
1611 N. Molter Road, Ste. 201
Liberty Lake, WA 99019
(509) 892-5287 phone
(509) 893-5318 fax
staylor@huntmountain.com
www.huntmountain.com