Investment Highlights
- 100% projects in mining friendly regions
- Economic assessment / pre-feasibility are next steps
- Short timelines to production with long mine life
- Significant NI 43-101 resource estimates
- Over 200 million lbs of oxide-copper
- Significant molybdenum with rhenium mineralization with considerable depth extension and higher grade
- 14 un-drilled shearzones with local miners operating high-grade small-scale mines
- Sulphide zones have not been drilled to depth
- IOCG model proven by majors in the area
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Global Hunter Corp. has built a 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 where infrastructure and experienced professionals make it easy to explore and advance efficiently. 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.
Copper:
Chile - 18,000 hectare land package with NI 43-101 resource estimate showing: indicated 8.5 m/t of 0.614% CuSol & 0.730% CuT 114.9 M/lbs Cu contained.
Molybdenum:
Central B.C. - near surface mineralization strategically situated between Highland Valley and Afton.
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| La Corona de Cobre, Chile |
Global Hunter's La Corona de Cobre project is over 18,000 hectares of land located in the Coast Range of the Andean Cordillera, Chile, an area often referred to as the Chilean Iron Belt. The property is on the Pan American Highway, 70-kilometres north of the port city La Serena.
The property is located at the southern end of the Atacama Fault Zone, a north-northeast regional feature that stretches for over 1,000 kilometres and hosts several large copper deposits in Chile including Phelps Dodge's Candelaria (400 million tonnes grading 0.95% copper and 0.2% gold) and Anglo-American's Manto Verde ( 100 million tonnes averaging 0.80% copper) deposits.
Details
- Consists of at least 15 mineralized shear zones ranging from 10-150 m in thickness and 0.5 to 9.0 km in strike length
- Only one of the prospective targets has been drill tested
- Two large iron oxide-copper-gold alteration targets
Global Hunter's La Corona de Cobre hosts a swarm of 15 shear zones ranging from 10 to 150 metres in thickness and from one-half to nine-kilometres in length have been identified on the property.
Las Posadas Shear Zone
The most advanced exploration target on the property is the Las Posadas - a shear zone that has been traced for 2,400 metres in length and averages between 40 and 60 metres in width with copper oxide mineralization identified to an average depth of 140 metres from surface.
Mineral Resource Estimate
Based on 57 drill holes, Las Posadas has the following code compliant mineral resource at $1.61/lb copper with a cutoff of 0.16% copper: (Click here to view Resource Estimate)
| Indicated |
8,490,000 tonnes |
0.16% Cu |
114,900,000 lbs copper |
| Inferred |
4,600,000 tonnes |
0.48% Cu |
49,400,000 lbs copper |
Price sensitivity analysis studies by Micon International indicate that at $2.50 per pound of copper with a cutoff grade of 0.10% copper:
| Indicated |
14,250,000 tonnes |
0.455% Cu |
143,000,000 lbs copper |
| Inferred |
9,290,000 tonnes |
0.366% Cu |
74,200,000 lbs copper |
| Rabbit South Molybdenum Project, British Columbia |
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 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 area has been the subject of molybdenum exploration dating back to 1960. Between 1979 and 1981 an extensive exploration program including 69 percussion drill holes and 10 diamond drill holes identified the Roper Lake Molybdenum Target. A non-code-complaint resource of 65 million tonnes at 0.065% of Molybdenum was identified in two zones. Zone A measures 600 metres in length and is 300 meters wide by 60 metres deep, while Zone B has been outlined for 500 metres in length, 400 metres in width and 70 metres in depth.
Additional drilling by Global Hunter has confirmed the existence of extensive near-surface molybdenum mineralization and efforts to correlate previous drill results and to complete an updated resource estimate are underway. Initial results indicate the system is capable of producing much higher grade Mo mineralization on a small scale. It remains to be determined if the system can do that on a deposits-scale.
Highlights:
- 1,900 hectares 26km from Kamloops, British Columbia, between the Afton and Highland Valley copper mines
- 86 holes drilled on property from 1979 to 2005
- Two large target areas identified
- Recent drilling confirms presence of wide-spread near-surface molybdenum mineralization
Rod Husband - President and Director
Rod Husband has over 20 years of experience in all areas of economic geology with a particular focus in porphyry, epithermal, orogenic and skarn environments. In 1992, Mr. Husband became president and chief geologist of Pro Group Geological Ltd., a private company that provides a variety of exploration services to its clients. With Pro Group Geological, he led initial exploration and advanced development for resource companies operating in Canada, United States, Chile, Peru, Honduras, Mexico, Philippines and Slovakia.
Al Korelin - Director
Al Korelin is a prominent public figure in the junior resource sector in Canada and the US . He has been involved in the financial community since 1978. Mr. Korelin is the co-host of The Korelin Economics Report.
Daniel Pisenti - Director
Dan Pisenti has over 20 years experience in the mining industry including the past 15 years of providing investment advice as the president of Whitehall-Parker Securities, Inc. (an independent securities brokerage firm based in San Francisco).
Ray Roland - Director
Ray Roland brings many years of financial experience to Global Hunter Corp. He joined the company after retiring as the Head of the Financial Services Industry Banking Group for Western Canada at Royal Bank Financial Group. Mr. Roland also has extensive experience in the financing and corporate governance of exploration companies.
Tom Corcoran
Investor Relations
Telephone: (604) 681-4653
Fax: (604) 608-9406
Toll Free: (866) 282-8398
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Corporate Office:
Address: Suite 1370, 1140 West Pender Street, Vancouver, British Columbia, Canada V6E 4G1
Email: info@globalhunter.ca
Web site: www.globalhunter.ca
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Disclaimer:
The information herein may contains forward looking statements based on assumptions and judgments of the management of the Global Hunter Corp. regarding events or results that may prove to be inaccurate as a result of exploration or other risk factors beyond its control. Actual results may differ materially from the expected results. All statements herein, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Global Hunter Corp. expects are forward-looking statements. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could change.
This document includes the use of inferred resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. The noted assessment results are preliminary in nature and there is no assurance the mining scenarios outlined would ever be realized. This document uses the terms "measured" "indicated" and "inferred" resources. We advise U.S. investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission do not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories would ever be converted to reserves. The material contained herein is for information purposes only and is not and is under no circumstances intended to constitute an offer to sell or a solicitation to buy any securities or a recommendation as to the purchase of any securities.
The information contained herein has been obtained from the above featured company as well as the other publicly available sources and is believed to be accurate. Although reasonable efforts have been made to compile this data with care, neither Investcom, its employees, officers or directors guarantees the accuracy or completeness thereof, nor shall any of them be liable to the user or to any other person, firm or corporation whatsoever for any inaccuracies, errors or omissions contained herein nor for any damages arising therefrom or occasioned thereby. Investcom is not an investment advisor, readers are highly recommended to consult his Financial Advisors before making any investments related to any specific companies mentioned in Investcom's web site. The use of this profile is limited to the recipient. Review of this profile by any other party is expressly not authorized.
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