Huntington Exploration Inc. announced it has signed a definitive purchase agreement to acquire Lago de Oro SA de CV ("LOM"), gaining access to the El Grande Gold Project ("El Grande" or the "Project") which covers 550 square kilometer area in the southern extension of the Sierra Madre Occidental ("SMO") gold-silver belt in the state of Nayarit, Mexico. The acquisition represents a unique opportunity for Huntington to be the first mover in a potential district-scale gold-silver system as the project already contains widespread evidence of gold mineralization with no history of modern exploration to date. The El Grande exploration project consists of 11 individual claim blocks covering a total of 550 square kilometres ("km2").

The Project is located approximately 250 km north of Guadalajara, with access on paved roads and access to the state power grid. It is located within the southern extension of the SMO gold-silver belt on trend with major gold and silver producing mines and deposits (Magistral de Oro (Tarachi Gold Corp.), El Gallo (McEwan Mining Inc.), Panuco (Vizsla Silver Corp), San Dimas (Wheaton Precious Metals Corp), etc.). El Grande is demonstrating evidence of gold and silver mineralization, identified within small windows of outcrop exposures in a dominantly low elevation, shallow overburden covered, farming area.

The Property has no history of diamond drilling or modern exploration. Five (5) high priority mineral occurrences have been identified to date for immediate exploration follow-up and drilling. The bed rock geology of Nayarit State is underlain by the Upper and Lower Volcanic stratigraphy of the 1200 km-long SMO gold-silver belt, which extends from south of the property trending northerly to the U.S. border.

The geology of the El Grande property is dominated by the mineral rich Lower Volcanic Sequence typical of the SMO and located near the eastern edge of the Gulf of California coastal plain. The property hosts a significant number of historical and recently exploited artisanal gold and silver mineral occurrences, associated with district scale geological structures and large undrilled alteration zones, with the presence of widespread geochemical levels of gold and silver.