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 3117, 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))

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Item 1.0201 ~~Termination~~Entry ofinto a Material Definitive Agreement

OnAs previously disclosed on June 24 3, 2009, pursuant to approval from its board of directors, HuntMountain Resources Ltd. (“the Company”) ~~announced~~obtained ~~that~~an ~~it had~~unsecured ~~entered~~loan ~~into~~for amultiple ~~letter~~advances ofup ~~intent with Sinomar Capital Corp. pursuant~~ to ~~which Sinomar~~$5,000,000 ~~Capital Corp.~~ (“~~Sinomar”)~~the ~~intended~~June to2009 ~~acquire a 100% interest in Cerro Cazador S.A. (“CCSA~~Note”), afrom ~~wholly owned subsidiary of the Company, in a reverse~~Hunt ~~takeover~~Family ~~transaction~~Limited Partnership (“~~the Qualifying Transaction~~HFLP”). The ~~Qualifying~~June ~~Transaction, which~~2009 ~~was~~Loan tosuperseded beand ~~effected through~~ replaced the ~~issuance~~shareholder ofloan ~~common~~owed ~~and~~to ~~preferred~~HFLP ~~shares~~that ~~of Sinomar~~had ~~with~~ a ~~combined~~balance ~~deemed value~~ of ~~15 million Canadian dollars~~$3,198,510 ~~would result in the Company owning in excess of 80% of Sinomar’s common shares. Sinomar is a Capital Pool Corporation and is listed~~ on ~~the~~March ~~Toronto Venture~~31, ~~Exchange (“the TSXV”) and therefore the Qualifying Transaction was subject to Exchange approval~~2009.

OnBy unanimous consent of the Company’s board of directors granted on December 3117, 2009 the ~~TSXV~~maturity ~~provided~~date ~~final~~of ~~approval~~the ~~for~~June ~~the~~2009 ~~Qualifying~~Note was amended from December 31, 2009 ~~Transaction~~to December 31, 2010.

~~Item~~Further, by ~~2.01~~unanimous ~~Completion~~consent of ~~Acquisition~~the Company’s board of directors granted on December 17, 2009 the maximum aggregate principal amount available pursuant to the June 2009 Note was increased from $5,000,000 to $5,500,000.

~~On June~~Item ~~24, 2009 HuntMountain Resources Ltd~~2.03 ~~(“the~~Creation ~~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%~~Direct ~~interest~~Financial inObligation ~~Cerro Cazador~~or ~~S.A.~~an ~~(“CCSA”),~~Obligation aunder ~~wholly owned subsidiary of the Company, in a reverse~~an ~~takeover~~Off-Balance ~~transaction~~Sheet (“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 owning in excess of 80% of Sinomar’s common shares. Sinomar is a Capital Pool Corporation and is listed on the Toronto Venture Exchange (“the TSXV”) and therefore the Qualifying Transaction was subject to Exchange approval.Arrangement

OnAs ~~December~~previously 31disclosed on June 3, 2009, pursuant to approval from its board of directors, HuntMountain Resources Ltd. (“the ~~TSXV~~Company”) ~~provided~~obtained ~~final~~an ~~approval~~unsecured loan for multiple advances up to $5,000,000 (“the ~~Qualifying~~June 2009 Note”) from Hunt ~~Transaction~~Family Limited Partnership (“HFLP”). The June 2009 Loan superseded and replaced the shareholder loan owed to HFLP that had a balance of $3,198,510 on March 31, 2009.

~~Item~~By unanimous ~~9.01~~consent ~~Financial~~of ~~Statements~~the ~~and~~Company’s ~~Exhibits~~board of directors granted on December 17, 2009 the maturity date of the June 2009 Note was amended from December 31, 2009 to December 31, 2010.

~~HuntMountain Resources Ltd. in acquiring its interest in Sinomar recapitalized its existing consolidated subsidiary~~Further, ~~Cerro Cazador S.A., as such, this acquisition and~~ ~~reorganization~~by ~~does~~unanimous ~~not~~consent ~~require any proforma financial statements nor are there any effects upon the operating information~~ of the Company’s ~~previously~~board ~~disclosed in~~of ~~our~~directors ~~filings~~granted ~~with~~on ~~the~~December ~~Commision. The prior financial statements~~17, ~~filed~~2009 ~~in accordance with~~ the ~~TSXV~~maximum ~~rules~~aggregate inprincipal ~~Canada~~amount ofavailable ~~Sinomar~~pursuant ~~will~~to in the ~~future~~June 2009 ~~reflect~~Note ~~the~~was ~~recapitalization~~increased offrom ~~CCSA~~$5,000,000 ~~which will continue~~ to ~~be part of the Company’s consolidated financial statements filed with our normal annual and periodic filings~~$5,500,000.

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: January 7, 2010 By: Bryn Harman, CFA

Date: January 8, 2010	By:	/s/ Bryn Harman, CFA
		Bryn Harman, CFA

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