Global Hunter Corp.

Global Hunter Corp.

February 17, 2009 09:15 ET

Global Hunter Corp.-Molybdenum Assays Bolster Growing Geological Model: "Best of 4-Hole Series Intersects 68 Metres of 0.053% Moly"

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 17, 2009) - Global Hunter Corp. (TSX VENTURE:BOB) ("Global Hunter" or the "Company") is pleased to announce results from an additional four diamond drill holes from its recent 14-hole, 3,700 metre drill program on the Rabbit South Project located in the Quesnel Trough in British Columbia.

Highlights include:

- 14 diamond drill holes completed

- Assay results from two holes include:

-- Hole RS-D-08-129: 68.0 metres of 0.053% Mo and 0.110 g/t Re

-- Hole RS-D-08-131: 55.8 metres of 0.039% Mo and 0.051 g/t Re

- Assay results are pending for the remaining 6 holes

Drill From To Length Mo Re
Hole Northing Easting Dip EOH (m) (m) (m) (%) (g/t)
RS-D- 5,606,067.5 666,770.5 -90 188.0 32.00 175.35 143.35 0.016 0.030
Including 32.00 90.00 58.00 0.022 0.038
RS-D- 5,606,080.0 666,869.1 -90 167.0 8.00 163.00 155.00 0.038 0.073
Including 52.00 120.00 68.00 0.053 0.110
RS-D- 5,606,254.4 667,081.7 -90 196.0 16.00 193.00 177.00 0.023 0.031
Including 97.00 124.25 27.25 0.036 0.055
RS-D- 5,606,397.7 667,904.0 -90 321.4 30.00 288.30 258.30 0.024 0.031
Including 54.00 109.80 55.80 0.039 0.051

Global Hunter's widely spaced drill program is designed to test the lateral and vertical limits, particularly in the northern portion, of the mineralized porphyry where previous drilling never fully tested the vertical extent of the mineralization. Once these limits are defined, the Company plans to conduct in-fill grid drilling to provide sufficient data to allow for a resource estimate.

The Rabbit South property is centrally located between two well known producers: 25 kilometres from Highland Valley and 12 kilometres from Afton and has excellent infrastructure including: all season access roads; proximity to the Trans-Canada Highway; a major hydro power transmission line and transformer sub-station located less than 10 kilometers away from the property.

All assays were analyzed by EcoTech Laboratory Ltd. in Kamloops, British Columbia. The laboratory is ISO 9001-2000 certified and is a division of the Alex Stewart Group. For complete details on the assay procedures, please refer to the Company's news release dated September 17, 2008, available on our website. The remaining results are currently being reviewed and undergoing QA/QC analysis and will be released once this process is complete.

The contents of this news release, including the technical information contained herein, was reviewed by Rod Husband, P. Geo, a qualified person as defined by National Instrument 43-101.



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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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