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Canadian Gold Hunter Expands Copper-Gold Donnelly Zone at GJ Project

Sep 13, 2005 - 02:28 ET


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 13, 2005) - Canadian Gold Hunter Corp. (TSX:CGH) (the "Company") is pleased to provide an update on the current diamond drilling program on the GJ/Kinaskan copper-gold project in northern British Columbia.

The Company has received assay results for holes 05-034 to 05-045. Most of these holes tested the western portion of the Donnelly Zone where the zone is higher grade but narrower than the eastern portion. Highlights of the program are hole 05-042, which intersected 51.82 metres grading 0.846% copper and 0.733 g/t gold and hole 05-039 which intersected 48.50 metres of 0.612% copper and 0.539 g/t gold. Please see attached table for the complete results.

Copper-gold mineralization has now been traced for over a 1400-metre strike length on the Donnelly Zone from hole 05-042 in the west to hole 05-030 in the east. The zone dips steeply to the south, strikes east-west and is up to 300 metres thick. The holes are generally drilled at minus 45 degrees to the north in order to cut across the zone. The widths reported are drilled widths, about 80-85% of true widths. Please see attached map and cross sections (To view the attached map and cross sections, please click on the following link: http://www.ccnmatthews.com/docs/cgh0913.pdf).

A key objective of the program is to expand the known inferred resource at the Donnelly Zone and bring much of it into the indicated category. Further potential also exists on strike and down dip on the North and GJ Zones. An independent resource estimate was commissioned following the 2004 program. This estimate will be updated upon completion of the current 2005 program.



2004 Donnelly Inferred Resource Estimate

-------------------------------------------------------------------
Cut off Cu Tonnes Cu Au Contained Cu Contained Au
(%) (000,000) (%) (g/t) (million lbs) (million ozs)
-------------------------------------------------------------------
0.10 105.1 0.32 0.32 741 1.1
-------------------------------------------------------------------
0.20(i) 71.2 0.40 0.40 628 0.9
-------------------------------------------------------------------
0.30 41.5 0.50 0.52 457 0.7
-------------------------------------------------------------------
0.40 24.5 0.61 0.66 329 0.5
-------------------------------------------------------------------
(i)base case

 


Two rigs are currently on the property and it is planned to test the GJ, North Zones and reconnaissance targets next, while the Donnelly results are compiled. It is then anticipated that the drill rigs will be moved back to the Donnelly Zone. A total of 7,550 metres of drilling has been completed to the end of hole 045. A further 25 diamond drill holes totaling 7,500 metres will be completed in the current program.

The GJ/Kinaskan gold/copper property consists of a large claim group covering several significant porphyry copper-gold systems as well as a number of high-grade gold vein occurrences.

The focus of the 2005 drilling is porphyry style copper-gold mineralization associated with the Groat stock, a poorly exposed elongated stock of monzodiorite, which intrudes andesite and volcaniclastic sediments. Three mineralized zones have been discovered to date associated with the Groat stock: the Donnelly Zone, the GJ Zone and the North Zone.

CGH is engaged in gold exploration focused on Canadian projects. The Company will be drilling its Manson Creek gold project in central B.C. in the fall of 2005. The Company has a 100% interest in the GJ/Kinaskan project.

The 2004 resource estimate was based on 23 drill holes and all material is considered at this time to be in the inferred resource category. The 0.20% copper cut-off grade has been chosen as the "base case" scenario based on Red Chris (bcMetals Corporation), the nearest analogy to the deposit. Material below this cut-off has questionable economic expectation at this point, but at least some of it, if mined as a consequence of gaining access to the higher grade material, might well be segregated in a low-grade stockpile in case of exceptional metal prices. A 43-101 technical report by David T. Mehner, M.Sc., P.Geo. and Giles R. Peatfield, Ph.D., P.Eng., dated May 15, 2005, is available on Sedar (www.sedar.com) as well as the Company's website (www.canadiangoldhunter.com).

The Donnelly Zone resource estimate was carried out by qualified person, Dr. Giles Peatfield, Ph.D., P.Eng. using a manual sectional method. The geological model was based on 5,256 metres of diamond drilling in 23 core holes with some 1,500 assays. Thirteen of the core holes were drilled by Texasgulf Canada Ltd. ("Tg") in 1977 and 1980; this drilling was supervised by Dr. Peatfield. The other ten holes were drilled by the Company in 2004, in a program supervised by Mr. Mehner. The assay results from the 2004 diamond drill program were consistent with, and corroborated, the earlier work by Tg.

The 2005 drill program and sampling protocol are being supervised by qualified person David Mehner, P.Geo., Project Geologist for Canadian Gold Hunter. Appropriate quality control and quality assurance protocols are utilized on the program. Standard reference samples are inserted in each batch of assays. The Canadian Gold Hunter drill samples are analyzed for gold by fire assay and for copper and silver by "ICP" at ALS Chemex in North Vancouver, B. C., Canada. Drill core samples are prepared and analyzed by ALS Chemex in accordance with industry standards. Drill results and technical data are reviewed by Dr. Giles Peatfield, P.Eng., a Qualified Person pursuant to NI 43-101, prior to release. Dr. Peatfield is independent of the Company. True thicknesses are not accurately known at this time; in some cases they may be less than the core lengths reported.

ON BEHALF OF THE BOARD

Richard J. Bailes, President



------------------------------------------------------------------------
GJ PROJECT
------------------------------------------------------------------------

2005 Donnelly Zone Results

------------------------------------------------------------------------
Azi-
Drill Sec- North- muth/ Hole Inter-
Hole tion ing Dip Depth From To val Cu Au Ag
------------------------------------------------------------------------
(met- (met- (met- (met-
res) res) res) res) % g/t g/t
------------------------------------------------------------------------
CGH-05
-034 9525E 987N 000 367.9 60.04 349.16 289.12 0.206 0.321 2.4
degrees/
-45
degrees
------------------------------------------------------------------------
incl. 64.05 84.42 20.37 0.284 0.994 6.5
------------------------------------------------------------------------
and 303.88 349.16 45.28 0.346 0.511 2.4
------------------------------------------------------------------------

------------------------------------------------------------------------
CGH-05
-036 9910E 864N 000 410.56 285.59 342.49 56.90 0.325 0.336 3.1
degrees/
-45
degrees
------------------------------------------------------------------------

------------------------------------------------------------------------
CGH-05
-037
(i) 9350E 1126N 000 194.16 7.00 81.38 74.38 0.470 0.405 1.5
degrees/
-45
degrees
------------------------------------------------------------------------
incl. 7.00 60.04 53.04 0.560 0.518 1.7
------------------------------------------------------------------------

------------------------------------------------------------------------
CGH-05
-038 9350E 982N 000 294.74 26.51 202.37 175.86 0.240 0.279 1.4
degrees/
-45
degrees
------------------------------------------------------------------------
incl. 188.06 202.37 14.31 0.668 1.194 3.2
------------------------------------------------------------------------

------------------------------------------------------------------------
CGH-05
-399
(i) 9270E 1122N 000
degrees/
-45
degrees 224.63 44.80 154.53 109.73 0.357 0.330 1.8
------------------------------------------------------------------------
incl. 44.80 93.30 48.50 0.612 0.539 3.0
------------------------------------------------------------------------

------------------------------------------------------------------------
CGH-05
-040 9270E 983N 000 337.41 35.66 197.20 161.54 0.203 0.204 1.2
degrees/
-45
degrees
------------------------------------------------------------------------
incl. 154.53 197.20 42.67 0.322 0.267 1.5
------------------------------------------------------------------------

------------------------------------------------------------------------
CGH-05
-042 8740E 1168N 000 358.44 84.12 178.61 94.49 0.554 0.480 2.2
degrees/
-45
degrees
------------------------------------------------------------------------
incl. 84.12 135.94 51.82 0.846 0.733 2.0
------------------------------------------------------------------------

------------------------------------------------------------------------
CGH-05
-043 9060E 961N 000 422.75 133.20 316.08 182.88 0.226 0.247 1.1
degrees/
-45
degrees
------------------------------------------------------------------------
incl. 249.02 316.08 67.06 0.322 0.371 1.4
------------------------------------------------------------------------
and 346.46 367.89 21.33 0.555 0.740 0.9
------------------------------------------------------------------------

------------------------------------------------------------------------
CGH-05
-044
(ii) 8950E 1045N 000 342.90 276.15 342.90 66.75 0.133 0.276 1.3
degrees/
-45
degrees
------------------------------------------------------------------------

------------------------------------------------------------------------
CGH-05
-045 8830E 1016N 000 390.75 11.28 53.95 42.67 0.247 0.172 1.1
degrees/
-55
degrees
------------------------------------------------------------------------
and 319.27 352.65 33.38 0.426 0.607 3.1
------------------------------------------------------------------------


(i) Holes 05-037 and 05-039 are partial intercepts.
(ii) Hole 044 was stopped short of the Donnelly high grade zone.

Holes 035 and 041 were drilled to the north of the Donnelly
into reconnaissance targets and did not intersect any
significant mineralization.

FOR FURTHER INFORMATION PLEASE CONTACT:

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


 

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