Habanero Resources Inc.: Summer Yukon Work Program Now Underway
June 27 2011 - 2:01AM
Marketwired
Habanero Resources Inc. ("Habanero" or the "Company") (TSX VENTURE:
HAO)(PINK SHEETS: HBNRF)(FRANKFURT: HRJ) wishes to announce that
the 2011 Haldane work program is now underway. The first phase of
exploration on the Haldane property will consist of road building
to the drill site, mapping, prospecting, soil sampling and detailed
magnetic surveying to determine the highest priority drill targets
over the entire property. Recently, Habanero substantially
increased its land position in the Keno Hill Silver Region of the
Yukon through the staking of 289 claims for approximately 14,000
additional acres. This now brings the total for the Haldane Silver
Prospect to approximately 21,000 contiguous acres bordering Alexco
Resources Corp.'s Bellekeno Property. It is anticipated that this
phase will be completed early July with the drill program to
follow. The Yukon Government's published Minfile database states
that between 1913 and 1989, the Keno Hill Silver District produced
more than 217 million ounces of silver (5.37 million tons) with
average grades of 40.52 oz/ton silver, 5.62% lead and 3.14% zinc,
making it the second-largest historical silver producer in Canada.
President Jason Gigliotti stated, "We are excited to now be
underway on our 2011 Haldane Silver Prospect. The Yukon is going to
be one of the most talked about drill regions globally this summer
and Habanero has two Yukon prospects that will be active this
summer. We also anticipate work commencing this summer on our Lezai
Prospect in Quebec. We recently completed a financing that enables
us to fund the initial phase of the work programs on these three
prospects. We are looking forward to a very active summer and
anticipate updates as to the start times on the White Gold and
Lezai Prospects shortly."
Habanero is a diversified junior company with the following
prospects; the White Gold Prospect in the White Gold Region Yukon,
bordering Kinross' Golden Saddle discovery; the Haldane Silver
Prospect in the Keno Hill Silver Region of the Yukon bordering
Alexco Resources Corp's Bellekeno property; a sizable land holder
within the land prospective for lithium in Alberta; and significant
acreage in Quebec bordering Beaufield Resources Inc. and holdings
in the Alberta Oilsands.
If you would like to be added to Habanero's email updates list,
please send an email to ir@habaneroresources.com requesting to be
added.
To view maps of these projects please go to
http://www.habaneroresources.com.
Habanero Resources Inc.
Jason Gigliotti, President
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Habanero Resources Inc. Jason Gigliotti President 604
646 6900 ir@habaneroresources.com www.habaneroresources.com
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