Global Hunter Commences Drilling of Molybdenum Mineralization at Rabbit South

Global Hunter Corp. (TSX VENTURE:BOB) ("Global Hunter" or "the Company") is
pleased to announce that Foraco Drilling Ltd. ("Foraco") of Kamloops, British
Columbia has been awarded the contract for drilling at the Rabbit South
Property. The drilling program began on August 5, 2008 when Foraco brought a
Connor 25 HH diamond drill on the property.


The first seven holes equaling 1,230 metres of the 3,700-metre diamond drill
program have been completed. These holes are located in the southern half of the
higher grade Eastern Zone. Five of the completed holes have twinned previous
historic holes to confirm the historic molybdenum grades shown in the table
below.




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2008 DDH      Holes twinned    Depth    From m    To m    Length m     % Mo
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RS-D-08-123   RS-D-80-56       288.0      13.4   185.9       172.5    0.057
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              Including                   33.5    82.3        48.8    0.090
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RS-D-08-125   RS-P-79-28        79.2       9.1    79.2        70.1    0.028
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              Including EOH sample        76.2    79.2         3.0    0.179
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              RS-D-81-87       272.2       6.9   243.8       237.0    0.025
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              Including                  137.2   182.9        45.7    0.046
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RS-D-08-126   RS-P-79-26        88.4      15.2    61.0        45.7    0.037
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RS-D-08-127   RS-P-80-61       106.7      12.2   106.7        94.5    0.047
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              Including                   45.7    97.5        51.8    0.061
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RS-D-08-129   RS-P-80-81        54.9      10.1    54.9        44.8    0.037
---------------------------------------------------------------------------
              Including                   21.3    42.7        21.4    0.037
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Three of the historic holes completed by previous operators twinned this year
were finished while still in molybdenum mineralization. All the holes this year
have intersected molybdenite bearing quartz vein stockwork in quartz monzonite
porphyry intrusion from surface to the Thrust Fault that defines the contact
with the underlying Nicola Group andesite and andesite tuffs.


Results will be analyzed by Eco Tech laboratories in Kamloops, British Columbia
and will be released once prepared. A National Instrument 43-101 compliant
resource estimate is scheduled to be complete by year-end including data from
the current program.


Global Hunter's Exploration Manager, Tor Bruland, M. Sc., P.Geo. (B.C.),
designed the drilling program, and has reviewed and approved the technical
information in this news release. The diamond drilling is supervised by project
manager, Donald G. Allen, M.A.Sc., P. Eng. (B.C.). Both are the Qualified
Persons as defined by National Instrument 43-101.


ABOUT RABBIT SOUTH

The property consists of 1,900 hectares located near Kamloops, British Columbia,
30 kilometers North East of the Highland Valley copper mine, and is accessible
year round by highways and logging roads.


The molybdenum mineralization at Roper Lake was discovered in 1959 by Kennco
Exploration (Western) Ltd. and was first drilled by Dominic Lake Mining Co. Ltd.
in 1967 before being explored further between 1979 and 1981 by Cominco Ltd.
Global Hunter optioned the property in January 2004 and has since completed two
drill programs in 2005 and 2007.


On Behalf of the Board of Directors GLOBAL HUNTER CORP.

Rod Husband, P.Geo. (B.C.), President

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.