Global Hunter Corp.
TSX VENTURE : BOB

Global Hunter Corp.

January 10, 2008 12:06 ET

Global Hunter Announces Further Drill Results for Las Posadas

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2008) - Global Hunter Corp. (TSX VENTURE:BOB) ("Global Hunter" or the "Company") is pleased to announce results for an additional seven drill holes from its recent 31-hole, nearly 9,600 metre, drill program on Las Posadas shear zone at La Corona de Cobre project, Chile.

Highlights of the assay results include (complete total and soluble copper intervals can be found in Appendix A attached hereto):

- LP- 77, 52 metres of 0.94% Cu with 0.03% SolCu

- LP- 78, 52 metres of 0.71% Cu with 0.54% SolCu

- LP- 79, 34 metres of 1.14% Cu with 0.16% SolCu

- LP- 80, 8 metres of 2.50% Cu with 0.56% SolCu

"We continue to be excited by the sulphide copper mineralization being identified below the existing oxide resource as this will greatly enhance the potential of the project. The infill drilling continues to tighten up the drill hole spacing and we hope this will allow for upgrading the category of some of the resource to allow more accurate engineering as we move the project forward," said Rod Husband, President and CEO of Global Hunter.

The program was designed to do the following: in-fill drill and further delineate the known copper oxide deposit; determine the boundaries of the oxide deposit in three dimensions; explore for possible extensions; provide sufficient core material for final copper oxide metallurgical testing; and assess the peripheral and deeper copper sulfide potential of the deposit below the current National Instrument ("NI") 43-101 qualified copper oxide resource and the oxide resource pit outline.

The Company's technical team is currently compiling new maps and cross-sections of Las Posadas deposit and these will be posted on the Global Hunter website, www.globalhunter.ca, as they become available. The Company also expects additional assay results to become available shortly and will release the data upon receiving it.

A summary of the sampling handling, QA/QC program, sample preparation and analytical methods are described in the Company's previous news release pertaining to drill results.

ABOUT GLOBAL HUNTER CORP.

Global Hunter is currently exploring and advancing development of the La Corona de Cobre project located 70 kilometre north of La Serena, Chile along the Pan American Highway within the coastal belt of the Andean Cordillera. The 2007/08 program was designed to further define the resource and economics of the Las Posadas deposit and will continue. In addition to La Corona de Cobre, the Company is also working to complete further delineation drilling and an initial resource estimate at its Rabbit South Property molybdenum project in south-central British Columbia, Canada.

Michael S. Fulp, C.P.G., Chief Geologist for Global Hunter, is the Qualified Person as defined by National Instrument 43-101 who supervised the exploration program and has prepared, reviewed and approved the technical information in this news release.

On Behalf of the Board of Directors

GLOBAL HUNTER CORP.

Rod Husband, P.Geo, President

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

APPENDIX A: 2007 Diamond Drill Results from Las Posadas Drilling

All LP holes were drilled at -60 and 115 degrees;



--------------------------------------------------------------------------
Sol-
Drill Total Total uble
Drill UTM UTM From To Width Depth Cu Cu
Hole Northing Easting (m) (m) (m) (m) (%) (%)
--------------------------------------------------------------------------
LP-74 49250 50100 51.00 83.00 32.00 393.40 0.24 0.13
--------------------------------------------------------------------------
103.00 183.00 80.00 0.20 0.07
--------------------------------------------------------------------------
LP-75 49245 50007 152.00 210.00 58.00 397.65 0.25 0.07
--------------------------------------------------------------------------
Includes 226.00 234.00 8.00 0.27 0.01
--------------------------------------------------------------------------
LP-76 49550 49915 229.00 235.00 6.00 478.90 0.18 0.01
--------------------------------------------------------------------------
265.00 319.00 54.00 0.21 0.01
--------------------------------------------------------------------------
335.00 383.00 48.00 0.16 0.01
--------------------------------------------------------------------------
421.00 431.00 10.00 0.13 0.00
--------------------------------------------------------------------------
LP-77 50099 49964 141.00 155.00 14.00 386.55 0.33 0.03
--------------------------------------------------------------------------
191.00 243.00 52.00 0.94 0.03
--------------------------------------------------------------------------
Includes 211.00 227.00 16.00 1.83 0.07
--------------------------------------------------------------------------
261.00 275.00 14.00 0.27 0.01
--------------------------------------------------------------------------
297.00 303.00 6.00 0.11 0.01
--------------------------------------------------------------------------
LP-78 49449 50115 7.00 59.00 52.00 370.55 0.71 0.54
--------------------------------------------------------------------------
Includes 35.00 43.00 8.00 2.15 1.80
--------------------------------------------------------------------------
89.00 99.00 10.00 0.14 0.03
--------------------------------------------------------------------------
225.00 255.00 30.00 0.25 0.02
--------------------------------------------------------------------------
LP-79 49399 50009 122.00 152.00 30.00 363.85 0.37 0.21
--------------------------------------------------------------------------
164.00 198.00 34.00 1.14 0.16
--------------------------------------------------------------------------
Includes 164.00 178.00 14.00 2.29 0.24
--------------------------------------------------------------------------
216.00 222.00 6.00 0.17 0.02
--------------------------------------------------------------------------
LP-80 49499 50020 119.00 135.00 16.00 360.10 0.25 0.15
--------------------------------------------------------------------------
Includes 147.00 155.00 8.00 2.50 0.56
--------------------------------------------------------------------------
193.00 205.00 12.00 0.19 0.05
--------------------------------------------------------------------------
221.00 229.00 8.00 0.15 0.04
--------------------------------------------------------------------------
293.00 307.00 14.00 0.16 0.01
--------------------------------------------------------------------------
0.1% Total Cu cut-off and 0.08% Soluble Cu cutoff grades with no intervals
6 metres or greater falling below cut-off are used in average grade
calculations solely for comparative purposes and not as potentially
economic cut-off grades.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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