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Canadian Gold Hunter Intersects 94.5 Metres Grading 2.09 g/t Gold at Caballo Blanco Project, Mexico

Apr 22, 2008 - 09:00 ET
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 22, 2008) - Canadian Gold Hunter Corp. (the "Company") (TSX:CGH) is pleased to report assay results from core holes 08CBN-004 and 005 from the Cerro la Paila gold target on the Caballo Blanco project in Veracruz, Mexico. Core hole 08CBN-004 intersected 94.5 meters grading 2.09 g/t Au, including 39.62 metres grading 3.93 g/t gold, in iron-oxide-cemented silica breccias. The hole was abandoned due to difficult drilling conditions in massive silica breccia at 203.61 metres.

Drill hole 08CBN-005 was completed to a depth of 273.71 meters, where it was abandoned in bad ground in silica breccias. The hole assayed 0.53 g/t gold over a length of 131.06 metres, within which a higher grade section grades 1.08 g/t gold over 24.38 meters.

Complete assay results for 08CBN-004 and 005 are listed below.


--------------------------------------------------------------------------
Drill Hole   Az/Angle  Depth (m)   Interval (m)  Width (m)  Au g/t  Ag g/t
--------------------------------------------------------------------------
--------------------------------------------------------------------------
08CBN-004         090    203.61   77.11-171.60      94.49     2.09     1.4
              degrees/
                  -80
              degrees
--------------------------------------------------------------------------
 including                       128.93-168.55      39.62     3.93     2.3
--------------------------------------------------------------------------
--------------------------------------------------------------------------
08CBN-005        090     273.71   81.69-212.75     131.06     0.53     1.4
             degrees/
                 -70
             degrees
--------------------------------------------------------------------------
 including                        84.73-138.07      53.34     0.79     2.3
--------------------------------------------------------------------------
 including                       113.69-138.07      24.38     1.08     2.0
--------------------------------------------------------------------------
--------------------------------------------------------------------------

Rick Bailes, President, commented, "CBN-004 is the best hole drilled to date on the project. The gold intercept occurs in silica breccias directly below a barren, clay-altered volcanic cap rock, so we think we are right at the top of the mineralized system. It also confirms the high-grade potential of the Cerro la Paila target."

Two core rigs currently are operating in the Cerro la Paila gold target, a zone of very high resistivity defined by detailed I.P. The resistivity anomaly extends over a N-S distance of 800 to 900 metres with widths up to 450 metres (see attached map) and substantial, but as yet undetermined, depth extent. In places, the resistivity anomaly is buried below low-resistivity volcanic rocks. Where the resistivity high extends to surface, iron-rich silica breccias are exposed and gold soil and rock geochemical anomalies are extensive. The great bulk of the buried resistivity anomaly lies to the south of the section line on which CBN-004 occurs and has yet to be tested by drilling.

The Company can earn a 70 per cent interest in the Caballo Blanco project from Almaden Minerals Ltd. by spending US$12 million over a period of six years.

The geological data in this news release were verified by qualified person Jan Christoffersen, P. Eng., Vice President of Canadian Gold Hunter Corp. Appropriate quality control and quality assurance protocols are utilized on the program. Standard reference samples and various duplicates are inserted in each batch of assays. Drill core samples are cut by saw on site and sample splits are shipped for preparation to ALS Chemex in Guadalajara, Mexico. Sample pulps are sent to ALS Chemex in North Vancouver, B.C., Canada and analyzed for gold by fire assay and for silver and 34 other trace and major elements by ICP-MS in accordance with standard industry practices. 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

To view the map accompanying this release please click on the following link: http://media3.marketwire.com/docs/0422cgh.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



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