Drilling at Zymo Copper-Gold Project Significantly Expands Mineralized Zone


Eastfield Resources and Canadian Gold Hunter are pleased to announce that results have been received from the recently completed drilling program on the Zymo copper-gold property 45 kilometres west of Smithers, BC. Four holes were drilled at the Hobbes Zone and one hole tested a showing in the FM Zone. All holes intersected mineralization.

Three holes (ZY-09-13, 15, 16) drilled at the Hobbes zone were each 100 m step-outs to the west and resulted in extending the zone which now measures over 600 m in an east-west direction and remains open-ended. The most westerly hole, ZY-09-16 intersected the longest interval of mineralization to date indicating potential for extension to the west and south. Hole ZY-09-14 was a vertical hole drilled at the site of previously released holes ZY-08-9 (72.0 m of 0.72% copper and 0.54 g/t gold) and ZY-08-10 (57.0 m of 0.43% copper and 0.32 g/t gold) and confirmed that mineralization continues to greater depths at this location where a mineralized interval of 273 m was intersected. A summary of significant results is as follows:

HOLE ID FROM (m) TO (m) INTERVAL (m)* Cu (%) Au (g/t)
ZY-09-13 3.0 428.0 425.0 0.15 0.09
including 255.0 381.0 126.0 0.20 0.15
ZY-09-14 3.0 276.0 273.0 0.23 0.15
including 9.0 108.0 99.0 0.36 0.25
including 33.0 93.0 60.0 0.44 0.30
ZY-09-15 33.0 441.0 408.0 0.21 0.11
including 87.0 153.0 66.0 0.33 0.20
including 297.0 318.0 21.0 0.31 0.18
ZY-09-16 30.0 369.0 339.0 0.23 0.13
including 139.0 330.0 171.0 0.31 0.18
including 201.0 279.0 78.0 0.41 0.26
ZY-09-17 9.0 42.0 33.0 0.13 0.11

(*Intervals are core lengths and true widths may be less than reported here.)

The Zymo property is underlain by an alteration/sulphide system of over 8.0 km long and 2.0 km wide which hosts several mineralized targets including the Hobbes and FM. Fill-in soil geochemical sampling was carried out on the URC target which lies 1.5 km west of the Hobbes Zone and confirmed a 1.5 km long coincident copper-gold anomaly. This target is beyond the end of the geophysical grid and prospecting found no outcrops however a sample of mineralized float returned 0.33% copper and 0.22 g/t gold. This target further expands the discovery potential for the property.

CGH has the option to earn a 60% interest in the property by completing exploration expenditures of $4 million over five years. CGH may earn an additional 10% interest by completing a feasibility study and an additional 5% by arranging mine financing for Eastfield.

G.L. Garratt, P.Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release. Bob Johnston, P. Geo., also a qualified person within the context of National Instrument 43-101, supervised the project work in the field. Analysis was performed by Acme Analytical Laboratories, a certified facility in Vancouver, BC, using multi-element (ICP-MS) Aqua Regia Digestion (1D) procedures, with gold and silver values determined using fire assay procedures.

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