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Canadian Gold Hunter Intersects 36.6 Metres Grading 1.13

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NYBob Member Level  Friday, 02/06/09 03:05:53 PM
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Canadian Gold Hunter Intersects 36.6 Metres Grading 1.13 g/t Gold at Caballo Blanco, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 5, 2009) - Canadian Gold Hunter Corp. (the "Company") (TSX:CGH) is pleased to report additional gold assays from the Caballo Blanco project in Veracruz, Mexico. Core hole 08CBN-029 intersected 36.58 metres grading 1.13g/t Au (grams gold per metric ton) on the Cerro la Paila gold target in the Northern Zone. Typically, gold and silver in this high-sulphidation zone occur in iron-oxide-cemented, vuggy silica breccias.

Significant assays from the latest drilling are tabulated below.




---------------------------------------------------------------------------
Depth Interval Width Au Ag
Drill Hole Az/Angle (m) (m)(i) (m)(i) g/t g/t
---------------------------------------------------------------------------


---------------------------------------------------------------------------
08CBN-029 082 degrees/ 268.22 100.58-137.16 36.58 1.13 3.7
-75 degrees
---------------------------------------------------------------------------
including 112.77-134.11 21.34 1.33 5.2
---------------------------------------------------------------------------
08CBN-030 077 degrees/ 332.46 99.05-114.29 15.24 0.28 21.5
-71 degrees
---------------------------------------------------------------------------
and 147.82-178.30 30.48 0.38 0.7
---------------------------------------------------------------------------
08CBN-031 088 degrees/ 334.98 114.91-180.44 65.53 0.38 2.0
-57 degrees
---------------------------------------------------------------------------
08CBN-032 090 degrees/ 256.03 152.4-249.94 97.54 0.43 1.2
-75 degrees
---------------------------------------------------------------------------
including 152.4-176.78 24.38 0.63 1.0
---------------------------------------------------------------------------
and including 234.70-248.41 13.71 0.82 1.0
---------------------------------------------------------------------------
08CBN-033 088 degrees/ 246.89 86.86-219.46 132.60 0.58 1.4
-57 degrees
---------------------------------------------------------------------------
including 114.3-131.06 16.76 1.43 1.6
---------------------------------------------------------------------------
and including 188.98-204.22 15.24 1.41 3.0
---------------------------------------------------------------------------
(i) Intervals are core lengths and true widths may be less than reported
here.





This drill program is testing the Cerro la Paila gold target using two track-mounted core rigs. The initial program of 24 holes (5,000 m) will infill Cerro la Paila on 50-metre sections and test two other high-sulphidation gold targets in the Northern Zone - Cerro la Cruz and Cerro Bandera.

The Company can earn a 70 per cent interest in the Caballo Blanco project from Almaden Minerals Ltd. by spending US$12 million over a period of six years.

The geological data in this news release were verified by qualified person Jan Christoffersen, P. Eng., Vice President of Canadian Gold Hunter Corp. Appropriate quality control and quality assurance protocols are utilized on the program. Standard reference samples and various duplicates are inserted in each batch of assays. Drill core samples are cut by saw on site and sample splits are shipped for preparation to ALS Chemex in Guadalajara, Mexico. Sample pulps are sent to ALS Chemex in North Vancouver, B.C., Canada and analyzed for gold by fire assay and for silver and 34 other trace and major elements by ICP-MS in accordance with standard industry practices.

ON BEHALF OF THE BOARD

Richard J. Bailes, President

To view the map accompanying this press release please click on the following link: http://media3.marketwire.com/docs/CGHmap.pdf

For more information, please contact
Canadian Gold Hunter Corp.
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
Website: www.canadiangoldhunter.com
Click here to see all recent news from this company


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