Global Hunter Hits 169 Meters of 0.059% Molybdenum

Global Hunter Corp. (TSX VENTURE:BOB) ("Global Hunter" or the "Company") is
pleased to announce the results from the first four diamond holes drilled on its
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-08-123: 168.70 metres of 0.059% Mo and 0.116 g/t Re

-- Hole RS-D-08-127: 105.0 metres of 0.042% Mo and 0.092 g/t Re

- Assay results are pending for the remaining 10 holes

To view the table accompanying this release please click on the following link:
http://media3.marketwire.com/docs/0202bob.pdf


"We are very excited to be moving the Rabbit South molybdenum project along with
our drill program; we continue to verify historical drilling and are looking
forward to explore the higher grade section of the deposit with our next drill
program. Our belief remains that Rabbit South has the potential to become a
strategic asset considering it is located in a prolific mining area with
substantial history," said Mr. Rod Husband, president of Global Hunter.


All assays were done 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 News
Release dated 17-Sept-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.


ABOUT RABBIT SOUTH

The property consists of 1,900 hectares near Kamloops, British Columbia, a town
with a deep history of mining. Rabbit South is strategically located in the
Southern end of the Quesnel Trough - a rich geological belt that stretches
throughout the center of BC, from Elk Valley to Kemess Mine. The Quesnel Trough
hosts several major ore deposits, including the Highland Valley Copper Mine
(British Columbia's largest porphyry copper mine), 25 kilometres southwest of
Rabbit South, and Afton Mine (British Columbia's richest porphyry copper mine),
12 kilometres northeast of the property. Access to the property is available
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
three drill programs in 2005, 2007 and 2008.


Previous operators drilled a portion of the Rabbit South property extensively
and established the existence of a large body of molybdenum mineralization.
Historical work included 104 holes, of which 79 were percussion holes (6,009
metres) and 25 were diamond drill holes (2,968 metres). Near surface
mineralization was intersected in 44 of these drill holes, but mineralization at
depth was not fully explored.


The mineralized zone is horseshoe shaped and hosted by a molybdenite bearing
quartz vein stockwork in quartz monzonite porphyry intrusion from surface to the
low angle thrust fault that defines the contact with the underlying Nicola Group
andesite and andesite tuffs.


Global Hunter is systematically confirming the historical results, as well as
defining the low-angle, northerly dipping thrust fault that is the lower limit
of mineralization. The fault extends from approximately 100 metres deep in the
south to over 400 metres deep in the northern end of the mineralized zone.


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. (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.