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Share Name | Share Symbol | Market | Type |
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TSXV:BOB | TSX Venture | Common Stock |
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Global Hunter Corp. (TSX VENTURE:BOB) ("Global Hunter" or the "Company") is pleased to announce that it has received the Activities and Reclamation Permit (MX15-125) from the British Columbia Ministry of Energy, Mines and Petroleum Resources for the proposed 3,700 metre diamond drilling program of the molybdenum mineralization at Roper Lake, Rabbit South. The drill program was initiated this month and is designed to confirm historical results and to establish a level of confidence in pre-2005 work. Once the drilling is completed towards the end of the year, the Company plans to submit all necessary data to be included in an initial National Instrument 43-101 compliant resource estimate on the property. 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 kilometres 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, 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.
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