Canadian Gold Hunter Corp.
TSX : CGH

Canadian Gold Hunter Corp.

January 25, 2008 13:02 ET

Canadian Gold Hunter Reports Assays From Fall-2007 Drill Program at Manson Creek, BC

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 25, 2008) - Canadian Gold Hunter Corp. (the "Company") (TSX:CGH) announces assay results from its fall-2007 diamond-drill program on the Manson Creek gold project in central British Columbia. The program amounted to 2,011 meters in nine NQ holes (QCM-07-023 to 031) drilled on the main QCM gold zone (1,378 m) and on two reconnaissance targets (633 m) defined by soil geochemistry and ground geophysics. The program was supervised by Equity Engineering Ltd., a geological contracting company based in Vancouver, British Columbia.

Five holes (QCM-07-023 to 025 & 027 to 028) were drilled to test the south-west and south-east extensions of the QCM Zone, a strongly pyritic, carbonate-altered and quartz-veined body extending over an area of some 750 x 400 meters. The zone is interpreted to be slab-like in shape with a gentle (30 degrees) SW dip and thickness of 40 meters or more. The mineralized zone coincides broadly with a well developed gold soil anomaly, strong resistivity anomaly and weak-to-moderate chargeability anomaly.

Four reconnaissance holes (QCM-07-026 & 029 to 031) tested weak to strong gold soil anomalies (+/- coincident resistivity highs) several hundred meters south-east and east of the QCM Zone. These holes did not intersect any significant gold-bearing intervals.

Drill-hole statistics and selected gold intersections are listed in the table below.



QCM Zone Gold Intercepts

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Azimuth/ Depth Interval Width Gold
Drill Hole Angle (m) (m) (m) g/t
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07-023 060 degrees/
-65 degrees 316 Very Scattered Low-grade Assays
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07-024A 060 degrees/
-65 degrees 56 No Significant Intercepts (Hole lost)
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07-024B 060 degrees/
-65 degrees 252 200.25-252.07 51.82 0.23
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incl. 236.83-242.93 6.10 0.48
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07-025 240 degrees/
-75 degrees 249 87.48-226.16 138.68 0.27
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incl. . 87.48-114.50 27.02 0.71
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07-027 240 degrees/
-75 degrees 252 17.94-169.77 151.83 0.25
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incl. 47.85-67.68 19.83 0.51
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and incl. 151.49-169.77 18.28 0.49
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07-028 240 degrees/
-75 degrees 252 40.23-136.25 96.02 0.53
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incl. 55.47-63.09 7.62 1.09
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and incl. 85.95-121.01 35.06 0.77
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incl. 95.09-107.29 12.20 1.13
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The intervals listed above are for core lengths assayed and may not represent true widths. Relatively minor "nugget" effects were experienced by the assay lab for QCM drill holes 025, 027 and 028. The largest discrepancy between duplicate assays was in QCM07-028, where one original 1.52-meter sample assayed 1.83 g/t Au versus the repeat assay of 4.15 g/t Au.

J. E. Christoffersen, P. Eng., a Qualified Person pursuant to NI 43-101 is responsible for the technical contents of this release and has reviewed the drill results and technical data contained herein. Standard reference samples were inserted in the core sample stream as part of a quality control and quality assurance program. Drill core was prepared and analyzed by fire assay (AAS finish) for gold by ALS Chemex Labs, North Vancouver, British Columbia in accordance with standard industry practices. Gold assays in excess of 1.0 g/t were re-assayed using the metallic-screen method.

The Manson Creek Property is located in one of British Columbia's oldest placer gold camps, the gold source of which could be the Company's Property. The Company has a 100% working interest in the Property.

This News Release contains forward looking statements which are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward looking statements. The Company does not intend to update this information and disclaims any legal liability to the contrary.

ON BEHALF OF THE BOARD

Richard J. Bailes, President

Contact Information

  • Canadian Gold Hunter Corp.
    Sophia Shane
    Corporate Development
    (604) 689-7842
    (604) 689-4250 (FAX)
    Website: www.canadiangoldhunter.com