August 19, 2008
Press Release 08-13

HuntMountain Releases Additional High-Grade Gold-Silver Intercepts
at La Josefina

(Spokane, WA) HuntMountain Resources Ltd. (OTCBB: HNTM) (Frankfurt: MPT) released additional high-grade assays from its ongoing 25,000 meter diamond core drilling program at the La Josefina gold-silver project in Santa Cruz Province, Argentina.  The latest results encompass drilling in the broader Veta Norte zone along the high-grade Veta Amanda and Veta Norte vein systems.  Significant assays include:

“Veta Amanda continues to yield excellent high-grade gold and silver values,” said Danilo Silva, HuntMountain’s General Manager of South American Operations.  “We have a full pipeline of assay results streaming in weekly, and we are pleased to see the consistency of the gold-silver intercepts as well as the increasing continuity of mineralization within this zone.  These results will be particularly helpful as we begin calculating a resource for La Josefina this fall.”

Certified sample preparation, gold and silver fire assay, and 28 element ICP analysis were carried out by ALS Chemex in Mendoza, Argentina and La Serena, Chile. 

A complete table of drill results can be obtained at www.huntmountain.com on the La Josefina project page and within the NI 43-101 Technical Report.  The most current assays greater than
1 gram/tonne gold are included in the table below:

HOLE NUMBER

From (m)

To (m)

Interval (m)

Au g/t

Ag g/t

SVN-D07-011

33.90

34.50

0.60

2.31

21.40

40.90

41.35

0.45

2.68

9.50

43.00

43.85

0.85

7.05

8.60

48.00

49.00

1.00

1.14

1.70

SVN-D07-012

65.40

66.35

0.95

1.01

8.60

89.95

90.70

0.75

2.06

19.70

90.70

91.20

0.50

0.39

51.30

VETA AMANDA

SVN-D08-082

43.36

43.84

0.48

30

99.9

49.41

50.17

0.76

2.1

105

84.3

84.75

0.45

5.48

135

SVN-D08-083

31.45

32.35

0.90

1.065

46

32.7

33.1

0.40

2.37

16.2

33.1

33.5

0.40

2.1

8.7

34.3

34.75

0.45

2.45

5.8

38.3

39.1

0.80

1.35

2.1

41.7

42.1

0.40

2.12

2.7

42.6

43

0.40

1.72

9.5

43

43.5

0.50

1.115

18.6

43.5

44

0.50

4.35

85.2

49.75

50.2

0.45

0.935

3.4

80.1

80.5

0.40

1.21

0

94.35

94.75

0.40

0.835

17.1

SVN-D08-095

128.7

129.1

0.40

5.66

51.2

129.65

130.4

0.75

2.31

14.3

130.4

130.73

0.33

6.87

50.2

201.5

201.9

0.4

1.475

6

SVN-D08-096

229.6

230

0.4

0.451

36.3

230

230.4

0.4

6.64

90.2

230.4

230.8

0.4

2.9

105

230.8

231.15

0.35

7.79

39.2

231.15

231.82

0.67

9.6

36

SVN-D08-103

12.1

12.6

0.5

10.05

12.7

18.07

18.4

0.33

2.71

14.3

19.08

19.5

0.42

14.05

578

SVN-D08-104

23.2

23.6

0.40

3.1

5.7

25.6

26.25

0.65

1.205

6

39

40.45

1.45

2.54

8.8

SVN-D08-105

15.25

15.75

0.50

3.78

7.3

18.65

19.15

0.50

3.54

9.8

20.15

22.15

2.00

1.01

1.7

SVN-D08-117

7.1

7.5

0.40

1.42

15.2

11.85

12.3

0.45

1.735

14.7

13.45

13.85

0.40

0.561

23.7

13.85

14.8

0.95

0.677

24.8

14.8

15.4

0.60

20.2

192

15.4

16

0.60

1.465

38.8

16

16.6

0.60

9.19

175

16.6

17.05

0.45

3.33

99.3

17.05

17.6

0.55

3.65

88.3

17.6

18.2

0.60

0.965

56.5

18.2

18.6

0.40

4.08

74.6

18.6

19.3

0.70

6.03

30.2

25.9

26.9

1.00

1.26

1

27.95

28.4

0.45

1.15

2.8

29.2

29.65

0.45

3.6

23.2

SVN-D08-118

6

7

1.00

4.26

17.9

9.8

10.2

0.40

1.275

11.5

11.25

12

0.75

24.3

84.2

13.5

14.25

0.75

1.37

17.7

14.25

15.4

1.15

3.12

18

17

17.5

0.50

3.31

9.2

27.5

27.9

0.40

0.926

10.7

*Gold equivalent grade was calculated by dividing the silver assay result by 61.46 and adding it to the gold value. Gold and silver values reflect prices on 8/15/2008.  Troy ounces/short ton was calculated by dividing grams by 34.29 and rounding to 2 decimal places. Interval calculations are based on a weighted average using a 1.00 g/t cutoff value.

HuntMountain Resources Ltd. is a U.S.-based junior exploration company engaged in acquiring, exploring and developing precious and base metals properties throughout North and South America. The Company currently controls and operates projects in Santa Cruz Argentina, Chihuahua Mexico, Nevada USA, and Quebec Canada.

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, Vice President of Corporate Development
HuntMountain Resources
(509) 892-5287
staylor@huntmountain.com
www.huntmountain.com