Global Hunter Corp.
TSX VENTURE : BOB

Global Hunter Corp.

November 13, 2007 19:59 ET

Global Hunter Announces Las Posadas Project Drill Results

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2007) - Global Hunter Corp. (TSX VENTURE:BOB) (the "Company") is pleased to announce initial results from its recent 30-hole drill program totaling nearly 9,600 metres of drilling on Las Posadas shear zone at La Corona de Cobre project, Chile. 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 current drill program will enable the Company to retain Micon International Limited ("Micon"), Toronto, Ontario to prepare a revised NI 43-101 qualified copper oxide resource estimate for Las Posadas deposit in early 2008.

Highlights of the assay results from the first five holes include hole LP-59 which encountered 34 metres of 1.05 percent copper, LP-61 with 22 metres of 1.69 percent copper, and LP-63 which drilled 48 metres of 1.00 percent copper.

"This drill program was successful in better defining the limits of Las Posadas oxide mineralization while at the same time encountering significant sulfide intercepts below and peripheral to the known resource," said Rod Husband, president and director of Global Hunter. "We are pleased with the results of this program and look forward to submitting the analyzed data to Micon for calculation of a revised resource estimate in the near future."

All holes were drilled at -45 and 115 degrees; sulfide and oxide intervals are tabulated below:



---------------------------------------------------------------------------
%
UTM Drill Total Sol-
Drill ----------- From To Width Depth % Cu uble
Hole North East (m) (m) (m) (m) Total Cu Type
---------------------------------------------------------------------------
LP-59 50000 49965 189.00 223.00 34.0 300.00 1.05 sulfide
---------------------------------------------------------------------------
incl-
udes 201.00 221.00 20.0 1.44 sulfide
---------------------------------------------------------------------------
and 233.00 243.00 10.0 0.23 sulfide
---------------------------------------------------------------------------
and 249.00 263.00 14.0 0.53 sulfide
---------------------------------------------------------------------------
50000 49965 163.00 171.00 8.0 0.29 oxide
---------------------------------------------------------------------------
LP-60 50250 50020 116.00 154.00 38.0 250.00 0.25 oxide
---------------------------------------------------------------------------
and 176.00 182.00 6.00 0.19 oxide
---------------------------------------------------------------------------
LP-61 50150 49965 178.00 200.00 22.0 275.00 1.69 sulfide
---------------------------------------------------------------------------
and 206.00 236.00 30.0 0.65 sulfide
---------------------------------------------------------------------------
incl-
udes 222.00 232.00 10.0 1.18 sulfide
---------------------------------------------------------------------------
and 246.00 260.00 14.0 0.29 sulfide
---------------------------------------------------------------------------
(i)hole
ended
in
mine-
rali-
zation 270.00 275.00 5.0 0.36 sulfide
---------------------------------------------------------------------------
LP-62 50200 50040 94.00 104.00 10.0 200.00 0.23 oxide
---------------------------------------------------------------------------
and 116.00 134.00 18.0 0.20 oxide
---------------------------------------------------------------------------
LP-63 49750 49980 94.00 142.00 48.0 318.45 1.00 oxide
---------------------------------------------------------------------------
incl-
udes 100.00 140.00 40.0 1.15 oxide
---------------------------------------------------------------------------
(i)0.1% Total Cu cut-off and 0.08% Soluble Cu cutoff grades are used in
average grade calculations solely for comparative purposes and not as
potentially economic cut-off grades.


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 release the data upon receiving it.

SAMPLE HANDLING AND PREPARATION

A summary of sample preparation and method of Total Copper and Soluble Copper is herewith presented. The core is marked in two metres length for sampling and cut longitudinal in half. One half is placed in individual heavy-duty plastic sample bags. The sample tag (a unique five-digit sample number) is assigned to the sample and included in the bag and the bag is sealed. The other half of the core is returned to the core boxes for storage and a sample tag is stapled to the core box at the end of each sample.

The Company has designed a QA/QC program with four quarter core duplicates every 90. For the quarter core the half core is sawed longitudinal in half and assigned a separate five-digit sample number following original sample. Three certified standards are submitted every 90 with one of each low, medium and high Total Copper and Soluble Copper grades. In addition three blank (coarse crushed for sample preparation QA/QC) and two preparation duplicates are included for every 90 samples. The preparation duplicate is a second pulp split requested of the laboratory included in the regular sample sequence.

All submitted samples are initially crushed, split using a standard Jones riffle splitter to a nominal 500 grams sample, and pulverized. From this material one gram is submitted for standard Total Copper is determined by atomic absorption spectrometry. Copper soluble assays are conducted by 30 minute agitated leach in five percent sulfuric acid at twenty degrees Celsius followed by atomic absorption spectrographic assay.

The core boxes are stored in locked containers in the Company's camp that is guarded twenty-four hours per day. Access is limited to the Company's geological and geotechnical team.

ABOUT GLOBAL HUNTER CORP.

Global Hunter is currently exploring and advancing development of the La Corona de Cobre project located 70 km north of La Serena, Chile along the Pan American Highway within the coastal belt of the Andean Cordillera. The 2007 program at the property is focusing on further defining the resource and economics of the Las Posadas deposit. 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.

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

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