Global Hunter – receives permit for 3,700 metre drill programme at Rabbit South Project in B. C.
The drill programme 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 NI 43-101 compliant resource estimate on the property.
Global Hunter's Rabbit South molybdenum project is located within a prolific mining region in the Dominic and Roper Lake area, 27 kilometres west-southwest of the city of Kamloops British Columbia. The property consists of 1,900 hectares and is accessible year round by a combination of highway and logging roads. Rabbit South is situated 25 kilometres northeast of Highland Valley, BC's largest porphyry copper mine (1.4 billion tonnes @ 0.40% Cu) and 12 kilometres southwest of Afton, BC's richest porphyry copper mine (107Mi tonnes @ 1.05% Cu, 0.70g/t Au).
The company also has a copper/gold project in Chile in its La Corona de Cobre project. The project is located 70 km north of La Serena, along the Pan American Highway within the coastal belt of the Andean Cordilera of Chile and is in an established mining district, well-surrounded by excellent infrastructure.
About Global Hunter
Global Hunter has built an outstanding portfolio of projects with a focus on strategic and base metals, particularly copper and molybdenum. Its projects are advanced-staged and hosted in the stable geopolitical geographies of Canada and Chile. Either one of these projects could carry the company forward on a stand-alone basis, but together they bring the company additional stability, strength and value.
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