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Canadian Gold Hunter Intersects 173 g/t Gold Over 1.5 Metres at Manson Creek Project

Nov 17, 2004 - 11:07 ET


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 17, 2004) - Canadian Gold Hunter Corp. (TSX:CGH) (the "Company") is pleased to announce the final drill results on its Manson Creek gold project in central British Columbia. The highlight of the program was drill hole 04-002, which intersected 1.5 metres grading 173 g/t gold at a down-hole depth of 63.00 metres.

Five NQ holes totaling 1,190 meters were drilled to test a broad soil and rock gold geochemical anomaly and partly coincident IP chargeability anomaly. These anomalies occur within strongly pyritic, carbonate-altered and quartz-veined greywackes, which crop out over a large area. The results are shown in the accompanying table and the hole locations on the accompanying map.

------------------------------------------------------------------------
Drill                                                                g/t
hole         Azimuth/Incl            depth    interval     width    gold
------------------------------------------------------------------------

04-001   240 degrees/-45 degrees     203.3   6.40-203.3    196.9     0.2
------------------------------------------------------------------------
04-002   230 degrees/-45 degrees     203.3    3.0-63.0      60.0     0.5
                                     and     63.0-64.5       1.50  173.0
                                     and     64.5-114.00    49.5     0.6
------------------------------------------------------------------------
04-003   243 degrees/-45 degrees     200.3  27.0 to 168.0  141.0     0.8
                                  including  45.0-93.0      48.0     1.1
------------------------------------------------------------------------
04-004   248 degrees/-45 degrees     294.7   12.2-294.7    282.5     0.2
------------------------------------------------------------------------
04-005   247 degrees/-45 degrees     294.7   75.0-291.0    216.0     0.4
                                  including 195.0-265.0     70.0     0.7
------------------------------------------------------------------------

The primary target at Manson creek is a large, low-grade gold system. In this regard, holes 04-002, 003 and 005, which were drilled about 100 metres apart, are very encouraging in that they intersected wide intervals with grades approaching one gram per tonne gold.

The bonanza grade intercept in hole 04-002 was unexpected. The original conventional fire assay ran 88.6 g/t gold. The Company then carried out a metallic sieve analysis on the sample to determine if the original assay was caused by nugget effect. The metallic screen analysis resulted in a grade of 173 grams per tonne gold. Metallic screen analyses are carried out on a one kilogram sample and result in a more accurate assay. The Company will carry out further investigations on the remaining drill core to determine the mode of occurrence of the gold.

Hole 04-002 is the most north westerly hole drilled on the property. The mineralization is open to the northwest and southeast.

Drill core was prepared and analyzed by ALS Chemex in accordance with industry standards. Drill results and technical data were reviewed by J. E. Christoffersen, P. Eng., a Qualified Person pursuant to NI 43-101. A number of the sections were re-analyzed by the metallic screen analysis procedure. Intervals listed above are for core lengths assayed. True thicknesses are not accurately known at this time; in some cases they may be less than the core lengths reported.

The Manson Creek Property is located in one of British Columbia's oldest placer gold camps, the 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

Note: Location map available by contacting the company at the number listed below.


FOR FURTHER INFORMATION PLEASE CONTACT:

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



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