NGEx Resources Inc.
The NGEx District

Chile's Biggest New Copper-Gold Camp

News

Investors

News


Information posted is accurate at the time of posting, but may be superseded by subsequent press releases.

Canadian Gold Hunter Intersects 101 Metres Grading 0.77% Copper and 0.76 g/t Gold in the Donnelly Zone at GJ

Sep 11, 2007 - 02:13 ET


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2007) - Canadian Gold Hunter Corp. (the "Company") (TSX:CGH) 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 the first 28 holes of a planned 85-hole, 17,000-metre diamond drill program. Please see the attached table and plan map for complete details.

On the Donnelly Zone, highlights include drill hole 07-148, which intersected 101.0 metres grading 0.77% copper and 0.76 g/t gold and drill hole 07-152, which intersected 109.7 metres grading 0.57% copper and 0.55 g/t gold. The North Donnelly zone results are generally low grade, in the range of 0.15% copper and 0.25 g/t gold.

Approximately half of the drilling is focused on outlining higher-grade mineralization within the Donnelly Zone. The overall Donnelly resource (based on results from 78 diamond drill holes, at a cut-off of 0.15% copper) is 172.15 million tonnes grading 0.274% copper and 0.312 g/t gold in the indicated category (see CGH news release dated March 26, 2007). A higher-grade, near-surface core to the Donnelly zone grades about 0.5% copper and 0.5 g/t gold. This part of the program will attempt to better define and increase this higher-grade tonnage.

The remaining holes are testing the North Donnelly Zone and reconnaissance targets. The North Donnelly Zone was discovered last year and has only been tested by 25 drill holes. It underlies an area about 1,000 metres by 500 metres. An inferred resource for the North Donnelly Zone, at the same cutoff, consists of 22.67 million tonnes grading 0.254% copper and 0.362 g/t gold.

The focus of the 2007 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. Four mineralized zones have been discovered associated with the Groat stock: the Donnelly Zone, the North Donnelly Zone, the GJ Zone and the North Zone. Significant gold-rich porphyry deposits that occur in the region are Red Chris (Imperial Metals): 446.1 million tonnes grading 0.36% copper and 0.29 g/t gold, and Galore Creek (Nova Gold): 516.7 million tonnes grading 0.60% copper and 0.36 g/t gold.

CGH is engaged in gold exploration focused on North American projects. The Company has a 100% interest in the GJ/Kinaskan project. The Company plans to start drilling its Manson Creek gold project in central B.C. and, subject to permitting, its Caballo Blanco gold project in Veracruz State Mexico in the fall of 2007.

The 2007 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
---------------------------------------------------------------------------

2007 Donnelly Zone Results

---------------------------------------------------------------------------
Hole Inter-
Depth From To val
Drill Azimuth (met- (met- (met- (met- Cu Au Ag
Hole Section Northing /Dip res) res) res) res) % g/t g/t
---------------------------------------------------------------------------
CGH 424315E 6391137N 357 deg. 298.70 124.97 192.02 67.05 0.376 0.459 2.0
-07 /-45 deg.
-139
---------------------------------------------------------------------------
CGH 424800E 6391062N 360 deg. 143.26 18.29 127.60 109.31 0.321 0.269 1.1
-07 /-45 deg.
-141
---------------------------------------------------------------------------
Incl. 51.82 127.6 75.78 0.380 0.312 1.2
---------------------------------------------------------------------------
CGH 424750E 6391046N 360 deg. 161.54 50.29 125.67 75.38 0.379 0.381 1.9
-07 /-45 deg.
-143
---------------------------------------------------------------------------
CGH 424710E 6391139N 36 deg. 152.40 9.45 67.06 57.61 0.482 0.586 2.0
-07 /-68 deg.
-145
---------------------------------------------------------------------------
CGH 424260E 6391275N 357 deg. 128.02 6.10 79.25 73.15 0.502 0.369 2.0
-07 /-45 deg.
-146
---------------------------------------------------------------------------
CGH 424160E 6391178N 360 deg. 246.89 69.70 243.83 174.13 0.488 0.517 2.1
-07 /-45 deg.
-148
---------------------------------------------------------------------------
Incl. 69.70 170.69 100.99 0.766 0.764 1.4
---------------------------------------------------------------------------
CGH 424600E 6391168N 360 deg. 201.17 30.48 140.21 109.73 0.292 0.273 1.4
-07 /-58 deg.
-149
---------------------------------------------------------------------------
incl. 51.82 76.20 24.38 0.462 0.580 1.3
---------------------------------------------------------------------------
CGH 424600E 6391110N 360 deg. 216.41 12.19 173.74 161.55 0.288 0.285 1.4
-07 /-60 deg.
-151
---------------------------------------------------------------------------
Incl. 12.19 57.91 45.72 0.458 0.317 2.4
---------------------------------------------------------------------------
CGH 424180E 6391300N 180 deg. 121.92 12.19 121.92 109.73 0.568 0.554 4.4
-07 /-70 deg.
-152
---------------------------------------------------------------------------
CGH 424600E 6391040N 360 deg. 268.22 6.1 256.03 249.93 0.206 0.207 1.1
-07 /-60 deg.
-153
---------------------------------------------------------------------------
Incl. 176.76 216.42 39.63 0.367 0.524 2.4
---------------------------------------------------------------------------
CGH 424710E 6391089N 360 deg. 164.59 34.0 151.84 117.84 0.260 0.191 0.8
-07 /-74 deg.
-156
---------------------------------------------------------------------------
CGH 424260E 6391157N 357 deg. 271.27 100.58 216.41 115.83 0.235 0.342 3.4
-07 /-58 deg.
-157
---------------------------------------------------------------------------
Incl. 131.06 185.93 54.87 0.382 0.415 3.9
---------------------------------------------------------------------------
CGH 424790E 6391117N 360 deg. 146.30 27.43 82.30 54.87 0.567 0.607 1.8
-07 /-45 deg.
-158
---------------------------------------------------------------------------
CGH 424360E 6391262N 360 deg. 179.83 15.20 33.53 18.33 0.481 0.460 2.7
-07 /-45 deg.
-160
---------------------------------------------------------------------------
CGH 424360E 6391200N 360 deg. 176.78 12.19 155.45 143.26 0.360 0.306
-07 /-62 deg.
-162
---------------------------------------------------------------------------
Incl. 70.10 146.31 76.21 0.507 0.389 3.2
---------------------------------------------------------------------------
CGH 424360E 6391140N 360 deg. 268.22 73.15 167.64 94.49 0.126 0.175 1.0
-07 /-70 deg.
-164
---------------------------------------------------------------------------
and 213.36 268.22 54.86 0.156 0.134 1.3
---------------------------------------------------------------------------
CGH 425580E 6391062N 360 deg. 144.00 13.80 140.20 126.40 0.324 0.224 2.0
-07 /-55 deg.
-166
---------------------------------------------------------------------------
Incl. 13.80 57.91 44.11 0.387 0.302 2.7
---------------------------------------------------------------------------
and incl. 85.34 103.63 18.29 0.481 0.309 1.5
---------------------------------------------------------------------------


---------------------------------------------------------------------------

2007 North Donnelly Zone Results

---------------------------------------------------------------------------
Hole Inter-
Depth From To val
Drill Azimuth (met- (met- (met- (met- Cu Au Ag
Hole Section Northing /Dip res) res) res) res) % g/t g/t
---------------------------------------------------------------------------
CGH 424110E 6391390N 357 deg. 93.00 6.20 21.34 15.14 0.179 0.130 1.3
-07 /-70 deg.
-140
---------------------------------------------------------------------------
CGH 424110E 6391390N 357 deg. 310.90 256.03 288.18 32.15 0.137 0.146 0.8
-07 /-45 deg.
-142
---------------------------------------------------------------------------
CGH 424180E 6391415N 357 deg. 305.67 179.83 256.03 76.20 0.110 0.170 0.9
-07 /-60 deg.
-144
---------------------------------------------------------------------------
CGH 424180E 6391300N 357 deg. 237.74 170.69 182.88 12.19 0.180 0.261 1.1
-07 /-55 deg.
-150
---------------------------------------------------------------------------
CGH 424180E 6391520N 357 deg. 140.21 70.10 91.44 21.34 0.230 0.344 0.6
-07 /-60 deg.
-154
---------------------------------------------------------------------------
CGH 424315E 6391302N 357 deg. 277.37 14.50 60.96 46.46 0.148 0.102 1.0
-07 /-45 deg.
-155
---------------------------------------------------------------------------
CGH 424010E 6391350N 357 deg. 252.98 76.20 248.47 173.27 0.130 0.263 0.6
-07 /-50 deg.
-159
---------------------------------------------------------------------------
incl. 155.45 173.74 18.29 0.251 0.506 0.9
---------------------------------------------------------------------------
CGH 424010E 6391350N 357 deg. 298.70 67.06 112.76 45.70 0.215 0.229 2.1
07 /-70 deg.
-161
---------------------------------------------------------------------------
CGH 423910E 6391266N 357 deg. 259.08 188.98 259.08 70.10 0.176 0.286 1.5
-07 /-70 deg.
-165
---------------------------------------------------------------------------

 


To view attached map please click on the following link: http://www.ccnmatthews.com/docs/cgh0911.JPG
FOR FURTHER INFORMATION PLEASE CONTACT:

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


 

Contact