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Canadian Gold Hunter Reports Drill Assays from Manson Creek, BC Project

Dec 2, 2006 - 12:34 ET


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 2, 2005) - Canadian Gold Hunter Corp. (the "Company") (TSX:CGH) wishes to announce the final diamond-drill results on its Manson Creek gold project in central British Columbia. The program amounted to 1,802 metres comprising nine NQ holes drilled over a target length of about 600 metres within the QCM gold occurrence. The current program represents a follow up to five core holes drilled in late 2004.

The QCM Zone consists of strongly pyritic, carbonate-altered and quartz-veined greywackes poorly exposed over an area of about 600 x 200 metres. The mineralized zone coincides broadly with a well developed gold soil anomaly and strong resistivity anomaly. Significant gold assays are listed in the table below. All gold assays were carried out by ALS Chemex using the metallic screen method. True thicknesses are not accurately known at this time; in some cases they may be less than the core lengths reported.


------------------------------------------------------------------------
Drill Azimuth/Incl Depth Interval Width Gold
Hole (m) (m) (m) g/t
------------------------------------------------------------------------
05-006 240 degrees/-65 degrees 252.1 18.90-98.14 79.24 0.54
------------------------------------------------------------------------
including 35.66-47.85 12.19 0.79
------------------------------------------------------------------------
and 57.00-72.24 15.24 1.05
------------------------------------------------------------------------
05-007 240 degrees/-45 degrees 169.8 29.56-166.72 137.16 0.58
------------------------------------------------------------------------
including 40.24-66.14 25.90 0.78
------------------------------------------------------------------------
and 122.53-143.86 21.33 0.70
------------------------------------------------------------------------
05-008 240 degrees/-45 degrees 230.7 29.57-168.25 138.68 0.45
------------------------------------------------------------------------
including 104.42-145.38 41.14 0.67
------------------------------------------------------------------------
05-009 175 degrees/-45 degrees 124.1 24.99-124.05 99.06 0.51
------------------------------------------------------------------------
including 52.42-72.24 19.82 0.82
------------------------------------------------------------------------
and 82.90-89.00 6.10 1.49
------------------------------------------------------------------------
05-010 020 degrees/-45 degrees 200.3 33.88-101.19 67.31 0.54
------------------------------------------------------------------------
including 33.88-70.71 36.83 0.69
------------------------------------------------------------------------
05-011 240 degrees/-45 degrees 203.3 63.09-87.48 24.39 0.64
------------------------------------------------------------------------
and 96.62-107.29 10.67 0.65
------------------------------------------------------------------------
and 127.10-140.81 13.71 0.74
------------------------------------------------------------------------
05-012 151 degrees/-45 degrees 200.3 29.57-171.29 141.72 0.44
------------------------------------------------------------------------
including 58.52-69.19 10.67 1.32
------------------------------------------------------------------------
and 110-114.91 4.58 1.70
------------------------------------------------------------------------
05-013 240 degrees/-65 degrees 252.1 17.37-43.28 25.91 0.45
------------------------------------------------------------------------
and 92.05-108.81 16.76 0.56
------------------------------------------------------------------------
and 143.86-157.58 13.72 0.45
------------------------------------------------------------------------
05-014 240 degrees/-45 degrees 169.8 no significant intersections
------------------------------------------------------------------------


The primary target at Manson creek is a large, low-grade gold system. Combined with the results of last year's program, the present drilling leads to the interpretation that the gold zone forms a shallow dipping, sheet-like body inclined about 25 degrees to the south west.

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. Intervals listed above are for core lengths assayed.

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
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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