Information posted is accurate at the time of posting, but may be superseded by subsequent press releases.
Canadian Gold Hunter Mobilizes Crew to GJ Copper/Gold Project, NW B.C.
Jun 16, 2006 - 10:15 ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 16, 2006) - Canadian Gold Hunter Corp. (the "Company") (TSX:CGH) is pleased to announce that field crews have mobilized to the GJ project base camp in northwestern B.C. to prepare for the imminent start-up of the summer drill program. A drill crew is expected to arrive on June 19 and drilling will commence shortly thereafter using a core rig that has been stored on the property over the winter. A second rig and crew will be mobilized from Smithers to the property within the next 7-10 days.
A total of 15,000 meters of core drilling in approximately 40 holes is planned for the 2006 summer program on the GJ property. The bulk of the drilling will focus on expanding resources in the Donnelly Zone, which has been defined over an E-W length of 1,500 meters and remains open at both extremities and at depth. Deep drilling will start at the west end of the zone, where DDH 05-076, the last hole of the 2005 campaign, intersected 47 meters grading 0.83% Cu and 1.32 g/t Au in an intensely altered quartz-vein stockwork. A limited amount of in-fill drilling will be undertaken on the zone to convert all remaining inferred resources to the indicated status. In addition, several reconnaissance holes will be drilled on I.P. targets north of the Donnelly Zone. The Company is fully funded to carry out the 2006 program, which is budgeted at about $3,000,000.
J. E. Christoffersen, P. Eng., a Qualified Person pursuant to NI 43-101, has reviewed the contents and technical information contained in this news release. Drill samples are analyzed for gold by fire assay and for copper by atomic absorption, by ALS Chemex in North Vancouver, B. C., Canada.
ON BEHALF OF THE BOARD
Richard J. Bailes, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian Gold Hunter Corp.
(604) 689-4250 (FAX)