Global Hunter Begins Surface Sampling Program at La Corona de Cobre & Broadens IR Program
02 12월 2010 - 7:00PM
Marketwired
Global Hunter Corp. (TSX-V: BOB) ("Global Hunter") is pleased to
announce that it recently completed a surface sampling program at
La Corona de Cobre. The program was designed to collect surface
samples from the numerous prospective shear zones. This will aid in
the definition of drill targets to expand on the copper oxide
mineralization. The company has collected approximately 250 samples
from the shear zones listed below.
The shear zones and areas of alteration that have been sampled
(from East to West) include the following zones:
- El Manto - La Golondrina - Cerro Borracho - El Tazon - La Copa
- La Varrilla - Et Tazon - Vino Fino - Abisinia - Las Posadas
The samples will be collected from outcrops along the entire
strike lengths of the shears and have been shipped to ALS Chemex
Labs in La Serena Chile for analysis. Results will be released as
soon as is practical after they have been received.
These shear zones can be traced on surface for hundreds of
metres, with the longest being Vino Fino, which has been mapped for
over 6,000 metres. Local miners are currently extracting ore from
several shear zones on the property and transporting it to Enami
for processing.
The surface sample results in conjunction with previous
geophysical work completed on the property, Global Hunter intends
to prepare a multi-hole drill program on the shear zones scheduled
to begin early 2011 as part of its ongoing evaluation of its Corona
de Cobre project. In addition to sampling and drilling of the
prospective shear zones at La Corona de Cobre mentioned above, The
Company will continue its work on the Las Posadas resource over the
coming months and will provide a summary of its progress as
information becomes available.
Global Hunter Corp. is pleased to announce it has retained the
services of Asian Capital & Equity ("ACE") Ltd. and Crown
Equity Holdings Inc. to increase the investing public's awareness
of its projects.
Asian Capital & Equity Ltd. ("ACE"). ACE, which is owned by
Alexander Holtermann, offers a comprehensive range of services that
allows for a specifically-tailored investor relations program to
maximize exposure in Asian and European markets for publically
listed companies. ACE brings to Global Hunter a strong presence in
Asia with a home base in, and focus on, Hong Kong, along with close
ties to the European investor audience with a concentration on
Germany. ACE will provide a presence at specially-targeted road
shows in Asia to help raise funds. In addition, ACE has access to a
robust network of capable international partners to help Global
Hunter expand its audience and potential investors. The agreement
with ACE has a term of twelve months and provides for an annual
compensation of $ 100,000.
Global Hunter has also engaged the services of Crown Equity
Holdings Inc. to assist in exploring a secondary listing in the
United States. Crown Equity will assist Global Hunter in assessing
the various exchanges in the United States and provide
recommendations on which would be most suitable based on the
Company's business strategy. To raise the profile of Global Hunter
in the United States, Crown Equity will also advertise the Company
through its media channels to prospective investors. The agreement
with Crown Equity Holdings Inc., which Kenneth Bosket is the
President/CEO with its offices in Las Vegas Nevada, has a term of
six months with an option to renew for an additional six months and
provides for a cash compensation $ 25,000 per month.
ACE and Crown Equity Holdings Inc. are at arm's length to Global
Hunter and have advised the Company that, other than as provided
for in their agreements with the Company, they have no interest,
directly or indirectly, in the Company or its securities, or any
right or intent to acquire such an interest.
Global Hunter's flagship project is the La Corona de Cobre
property, located 70 kilometres north of La Serena, Chile, along
the Pan American Highway, within the coastal belt of the Andean
Cordillera. The NI 43-101-compliant resource contains 225 million
pounds of copper oxide. In addition, the Company has its Rabbit
South molybdenum project in south-central British Columbia,
Canada.
The technical information in this news release has been reviewed
by Mr. Rod Husband, a qualified person for the purposes of National
Instrument 43-101.
On Behalf of the Board of Directors
GLOBAL HUNTER CORP.
Signed "Rod Husband"
Rod Husband, P.Geo President
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release may contain forward-looking statements
including but not limited to comments regarding the timing and
content of upcoming work programs, geological interpretations,
receipt of property titles, potential mineral recovery processes,
etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties.
Actual results may differ materially from those currently
anticipated in such statements.
Contact: Global Hunter Investor Relations: (604) 681-4653 or
1-866-282-8398 Facsimile: 604-568-4902 Email: info@globalhunter.ca
Website: www.globalhunter.ca 730 - 1130 West Pender Street
Vancouver, B.C. Canada V6E 4A4
Global Hunter Corp. (TSXV:BOB)
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