Canegrass Drilling Update at its Ni-Cu-Co-PGE Project in Western Australia

VANCOUVER, BC / ACCESSWIRE / May 26, 2022 / Huntsman Exploration Inc. (TSXV:HMAN)(OTC PINK:BBBMF) (the "Company" or "Huntsman") is pleased to provide an update on the 5,000 m drilling program at Company's wholly owned Canegrass Nickel Project in Western Australia.

2022 Drill Program Update

• RC drill program of approximately 1,500m is complete with visually encouraging results received to date and all holes are pending assays which are due in the coming weeks
• RC drill targets include Bonecrusher, Saintly, Tulloch, Tobin Bronze and Sunline which span across an approximate strike length of 2.5 km (Figure 2)
  • The Bonecrusher targets intersected an 18 m wide zone of pyroxenite/gabbro with disseminated/stringer sulphides predominately pyrrhotite throughout. The zone is proximal to a DHEM target modelled from drill hole BBRC010
  • The Saintly target has yielded numerous magnetite-rich horizons with sulphides
  • The Tulloch target has displayed the same geology encountered in previous exploration programs, while testing the northern extent of the mineralization
  • The Tobin Bronze target has intersected a shear zone that may be the source of the EM anomaly
  • The Sunline target has also encountered similar geology that provided positive results in previous exploration programs and is designed to test the zones at depth
• Diamond Drilling program of approximately 3,500 m is complete with the initial targets at the EM Platform hole, which will be utilized after drilling for further geophysical downhole surveys
  • The EM Platform hole has been highly encouraging to date with recent drilling intercepting several continuous broad zones of interpreted host nickel mineralization from 120 m to 270 m depth, demonstrating excellent initial continuity
• Challenging market conditions for assay turn around time (TAT) continues to persist with a current 9-12-week TAT, as Huntsman awaits all its diamond drill assays currently

Scott Patrizi, President and CEO for Huntsman commented, "The work across the Canegrass Project proceeded as planned with few issues or delays. Visual results to date have been encouraging and I look forward to providing further updates upon receipt of assays."