UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 1031, 2009

HuntMountain Resources Ltd.

(Exact Name of Registrant as Specified in its Charter)

Washington	001-01428	68-0612191
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
1611 N. Molter Road, Ste. 201, Liberty Lake, WA		99019
(Address of principal executive offices)		(Zip Code)

1611 N. Molter Road, Ste. 201, Liberty Lake, WA	99019
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: (509) 892-5287

(Former Name or Former Address if Changed Since Last Report)

Check the appropriate box below if the Form 8K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Item~~SEC ~~1.01~~873 (6-04) Potential ~~Entry~~persons ~~into~~who are to respond to the collection of information contained in this form are not required to respond unless the form displays a ~~Material~~currently ~~Definitive~~valid ~~Agreement~~OMB control number.

~~On December~~Item ~~10, 2009 HuntMountain Resources Ltd~~1.02 ~~(“the~~Termination ~~Company”) entered into an agreement with Blackhawk Exploration (“Blackhawk”) pursuant to which the company has transferred 75%~~ of ~~its~~a ~~economic~~Material ~~interest~~Definitive ~~in the Dun Glen exploration project (“the Property”) to Blackhawk. Consideration for the transfer consists of:~~Agreement

On June 24, 2009 HuntMountain Resources Ltd. (“the Company”) announced that it had entered into a letter of intent with Sinomar Capital Corp. pursuant to which Sinomar Capital Corp. (“Sinomar”) intended to acquire a 100% interest in Cerro Cazador S.A. ~~one-time~~(“CCSA”), ~~payment~~a wholly owned subsidiary of ~~$50~~the Company,~~000~~ ~~due~~in a reverse takeover transaction (“the Qualifying Transaction”). The Qualifying Transaction, which was to be effected through the issuance of common and preferred shares of Sinomar with a combined deemed value of 15 million Canadian dollars, would result in the Company ~~from~~owning ~~Blackhawk~~in ~~upon~~excess ~~signing~~of 80% of Sinomar’s common shares. Sinomar is a Capital Pool Corporation and is listed on the ~~agreement~~Toronto ~~relating~~Venture Exchange to(“the TSXV”) and therefore the ~~transaction;~~Qualifying Transaction was subject to Exchange approval.

b)On December ~~$25~~31,~~000~~ ~~payments~~2009 ~~due to~~ the ~~Company~~TSXV ~~from~~provided ~~Blackhawk~~final onapproval orfor ~~before~~the ~~each of December 10, 2010 and December 10, 2011;~~Qualifying Transaction.

c)Item ~~250,000~~2.01 ~~restricted~~Completion ~~common shares~~ of ~~Blackhawk issuable to the Company upon signing of the agreement relating to the transaction;~~Acquisition

dOn June 24, 2009 HuntMountain Resources Ltd. (“the Company”) announced that it had entered into a letter of intent with Sinomar Capital Corp. pursuant to which Sinomar Capital Corp. (“Sinomar”) intended to acquire a 100% interest in Cerro Cazador S.A. (“CCSA”),~~000~~ ~~restricted~~a wholly owned subsidiary of the Company, in a reverse takeover transaction (“the Qualifying Transaction”). The Qualifying Transaction, which was to be effected through the issuance of common and preferred shares of Sinomar ~~Blackhawk~~with ~~issuable~~a tocombined deemed value of 15 million Canadian dollars, would result in the Company ~~due~~owning in excess of 80% of Sinomar’s common shares. Sinomar is a Capital Pool Corporation and is listed on orthe ~~before~~Toronto ~~December~~Venture Exchange ~~10,~~(“the ~~2010~~TSXV”) and therefore the Qualifying Transaction was subject to Exchange approval.

InOn ~~addition, Blackhawk has agreed to expend at least $700,000 before~~ December 1031, ~~2013~~ as2009 ~~a work commitment on~~ the ~~Property~~TSXV inprovided ~~order~~final toapproval ~~earn~~for ~~a 75% interest in~~ the Qualifying ~~Property~~Transaction.

~~Further, the~~Item ~~Company~~9.01 ~~and~~Financial ~~Blackhawk~~Statements ~~agreed that any revenue generated from tailings, dumps or stockpiles on the Property will be allocated 75% to Blackhawk~~ and ~~25% to the Company.~~Exhibits

~~Item~~HuntMountain 7Resources Ltd.01 ~~Regulation~~in FDacquiring ~~Disclosure~~its interest in Sinomar recapitalized its existing consolidated subsidiary, Cerro Cazador S.A., as such, this acquisition and reorganization does not require any proforma financial statements nor are there any effects upon the operating information of the Company previously disclosed in our filings with the Commision. The prior financial statements filed in accordance with the TSXV rules in Canada of Sinomar will in the future reflect the recapitalization of CCSA, which will continue to be part of the Company’s consolidated financial statements filed with our normal annual and periodic filings.

On December 10, 2009 HuntMountain Resources Ltd. (“the Company”) entered into an agreement with Blackhawk Exploration (“Blackhawk”) pursuant to which the company has transferred 75% of its economic interest in the Dun Glen exploration project (“the Property”) to Blackhawk. Consideration for the transfer consists of:

a) A one-time payment of $50,000 due to the Company from Blackhawk upon signing of the agreement relating to the transaction;

b) $25,000 payments due to the Company from Blackhawk on or before each of December 10, 2010 and December 10, 2011;

c) 250,000 restricted common shares of Blackhawk issuable to the Company upon signing of the agreement relating to the transaction;

d) 100,000 restricted common shares of Blackhawk issuable to the Company due on or before December 10, 2010.

In addition, Blackhawk has agreed to expend at least $700,000 before December 10, 2013 as a work commitment on the Property in order to earn a 75% interest in the Property.

Further, the Company and Blackhawk agreed that any revenue generated from tailings, dumps or stockpiles on the Property will be allocated 75% to Blackhawk and 25% to the Company.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: December 14, 2009	By:	/s/ Bryn Harman
		Bryn Harman, CFA

Date: January 7, 2010	By:
		Bryn Harman, CFA

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