Global Hunter Corp.-Molybdenum Assays Bolster Growing Geological Model: "Best of 4-Hole Series Intersects 68 Metres of 0.053% Mo

Global Hunter Corp. (TSX VENTURE:BOB) ("Global Hunter" or the "Company") is
pleased to announce results from an additional four diamond drill holes from its
recent 14-hole, 3,700 metre drill program on the Rabbit South Project located in
the Quesnel Trough in British Columbia.


Highlights include:

- 14 diamond drill holes completed

- Assay results from two holes include:

-- Hole RS-D-08-129: 68.0 metres of 0.053% Mo and 0.110 g/t Re

-- Hole RS-D-08-131: 55.8 metres of 0.039% Mo and 0.051 g/t Re

- Assay results are pending for the remaining 6 holes



-------------------------------------------------------------------------
Drill                                     From     To  Length    Mo    Re
Hole        Northing   Easting Dip   EOH    (m)    (m)     (m)   (%) (g/t)
-------------------------------------------------------------------------
RS-D-    5,606,067.5 666,770.5 -90 188.0 32.00 175.35  143.35 0.016 0.030
 08-128
-------------------------------------------------------------------------
Including                                32.00  90.00   58.00 0.022 0.038
-------------------------------------------------------------------------
RS-D-    5,606,080.0 666,869.1 -90 167.0  8.00 163.00  155.00 0.038 0.073
 08-129
-------------------------------------------------------------------------
Including                                52.00 120.00   68.00 0.053 0.110
-------------------------------------------------------------------------
RS-D-    5,606,254.4 667,081.7 -90 196.0 16.00 193.00  177.00 0.023 0.031
 08-130
-------------------------------------------------------------------------
Including                                97.00 124.25   27.25 0.036 0.055
-------------------------------------------------------------------------
RS-D-    5,606,397.7 667,904.0 -90 321.4 30.00 288.30  258.30 0.024 0.031
 08-131
-------------------------------------------------------------------------
Including                                54.00 109.80   55.80 0.039 0.051
-------------------------------------------------------------------------



Global Hunter's widely spaced drill program is designed to test the lateral and
vertical limits, particularly in the northern portion, of the mineralized
porphyry where previous drilling never fully tested the vertical extent of the
mineralization. Once these limits are defined, the Company plans to conduct
in-fill grid drilling to provide sufficient data to allow for a resource
estimate.


The Rabbit South property is centrally located between two well known producers:
25 kilometres from Highland Valley and 12 kilometres from Afton and has
excellent infrastructure including: all season access roads; proximity to the
Trans-Canada Highway; a major hydro power transmission line and transformer
sub-station located less than 10 kilometers away from the property.


All assays were analyzed by EcoTech Laboratory Ltd. in Kamloops, British
Columbia. The laboratory is ISO 9001-2000 certified and is a division of the
Alex Stewart Group. For complete details on the assay procedures, please refer
to the Company's news release dated September 17, 2008, available on our
website. The remaining results are currently being reviewed and undergoing QA/QC
analysis and will be released once this process is complete.


The contents of this news release, including the technical information contained
herein, was reviewed by Rod Husband, P. Geo, a qualified person as defined by
National Instrument 43-101.


ON BEHALF OF THE BOARD OF DIRECTORS

GLOBAL HUNTER CORP.

Rod Husband, P.Geo, 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.