By ahadmin January 27, 2010

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ARCTIC HUNTER ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Release Date: January 27, 2010

VANCOUVER, B.C. – Arctic Hunter Uranium Inc. (the “Company”) (CNSX-AHU) is pleased to announce the work at the Santa Lucia gold property in Sonora, Mexico is progressing with the start of permitting for the upcoming 2010 drill program. The Santa Lucia Gold property is host to three areas of gold and silver mineralization in quartz veining oriented north-south along a 14 kilometer trend. These are namely the main Santa Lucia, the Latino and the Catalina trend areas.

The permitting work for the drilling program at the main Santa Lucia target area is underway. This work is in preparation for a first phase of drilling designed to test a large resistive zone underlying significant gold and silver mineralization in quartz veining identified by previous operators. While the other zones are prospective it is the resistive zone that will be the focus of the first program. Identified by a CSAMT survey the resistive zone may reflect a large area of gold-silver veining concentrated at depth below gold and silver mineralization found above the target in shallow drilling and surface exposures. Historic drilling and sampling has encountered mineralization immediately above the CSAMT target. Examples from the previous historic drilling in the 1990’s include 0.42 gpt gold and 79 gpt silver over 17.25 meters including 1.15 gpt gold and 226 gpt silver over 4.25 meters in hole SLC 1 and 1.4 gpt gold and 129 gpt silver over 5 meters in SLC 2.

Surface grab samples collected by the Company’s joint venture partner Kootenay Gold (News Dec 10, 2009),have returned from background to a high of 34.8 gpt gold and 856 gpt silver from grab samples which indicates the potential for bonanza grades within the system. Additionally one sample of sericitically altered tuff without visible veining assayed 3.138 g/t Au and 173.8 g/t Ag which is an indication that mineralization may be found outside of veining opening up the possibility of wide areas of mineralization.

The drill hole results are historic holes drilled by Cominco in the 1990’s and were part of a 20 hole program over a 3 by 1 kilometer area returning results ranging from background to the above mentioned values. While important the data is historic in nature and therefore should not be relied upon.
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ABOUT ARCTIC HUNTER ENERGY

The Company is a Canadian Oil & Gas exploration and development Company that acquires and finances the acquisition, exploration and development of oil and gas assets primarily in Western Canada. The Company is a junior heavy oil producer in the greater Lloydminster area of Alberta & Saskatchewan. The Company is constantly reviewing future production and exploration opportunities through selective property acquisitions and identifying low risk exploration drilling activities.

The Company has qualified management and has an Oil & Gas team of professionals seasoned in field exploration and drilling. The Company has the resources and necessary manpower to develop its natural resource and production properties. The Company is committed to minimizing risk through the selective acquisition, exploration and development of petroleum and natural gas resource assets. The Company intends to increase its oil production and reserves through its exploration activities and strategic property acquisitions.
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FOR FURTHER INFORMATION, PLEASE CONTACT:

Tim Coupland, President and CEO
Arctic Hunter Energy Inc.
Tel: (604) 681-3131

astar@telus.com

or

Robert Hall, Director
Arctic Hunter Energy Inc.
Tel: (604) 681-3131

rthall@shaw.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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