Gunpoint Announces Closing of the El Escorpion Silver Project Acquisition

Abstract

(Marketwired - June 20, 2013) - Gunpoint Exploration Ltd. ("Gunpoint" or the "Company") (TSX VENTURE:GUN) is pleased to announce that it has closed its previously announced purchase of Hunt Exploracion S.A. ("Hunt") from Chesapeake GoldCorp (TSX VENTURE:CKG). Hunt has an option to acquire a 100% interest in the El Escorpion silver project ("Escorpion") located in eastern Guatemala. The Escorpion project is a 900 hectare concession situated 7 kilometres southwest and along the trend of Tahoe Resources Inc's Escobal deposit.