Hana Mining Ltd. ("Hana" or the "Company") (TSX VENTURE:HMG)(FRANKFURT:4LH) is
pleased to announce it has filed a technical report as required under National
Instrument 43-101 that summarizes the Preliminary Economic Assessment ("PEA")
prepared by independent consultants and DRA Mineral Projects ("DRA") of
Johannesburg, South Africa on the Ghanzi Copper-Silver Project in northwestern
Botswana. This report details the results of the PEA first reported by the
Company in a news release dated May 14, 2012. 


The report is available on SEDAR (www.sedar.com) and on the Company's website
(www.hanamining.com).


About Hana Mining's Ghanzi Copper-Silver Project in Botswana: 

The Ghanzi Project is located in the center of the Kalahari Copper Belt in
northwestern Botswana. The Ghanzi property covers 2,149 square kilometres, and
contains sediment-hosted copper-silver deposits with a demonstrated cumulative
tested strike length of 70 kilometres. This favorable geology extends over an
estimated strike length of 600 kilometres. 


On May 14, 2012 Hana Mining released results of its most recent NI 43-101
compliant Preliminary Economic Assessment ("PEA") for the Ghanzi Project. The
PEA details a 10,000 tonne per day open-pit mining and milling operation at the
Banana Zone and Zone 5 at an initial capital expenditure of US$285.5 million.
This operation is expected to produce approximately 66.4 million pounds of
copper and 878,000 ounces of silver annually over a minimum 13-year mine life. 


The project will benefit from proposed rail and power infrastructure expansions,
along with proximity to local population centers and workforce. A feasibility
study was carried out (funded by the World Bank and the governments of Botswana
and Namibia) to support completion of a rail line link that would connect
Botswana with the Namibian port of Walvis Bay, on the Atlantic coast. The
closest existing railhead to port is at Gobabis, in Namibia, approximately 550
km from our property. Construction is well advanced on the 600MW expansion of
the government-owned Moropule Power Plant, having secured US$825 million project
funding in May 2009. The Ghanzi Copper-Silver Project is currently accessed by
the paved Trans-Kalahari highway, which passes within 40 km of the property. 


The Ghanzi property is one of Africa's premier future copper-silver resources.

Statements in this press release, other than purely historical information,
including statements relating to the Company's future plans and objectives or
expected results, may include forward-looking statements. Forward-looking
statements are based on numerous assumptions and are subject to all of the risks
and uncertainties inherent in resource exploration and development. As a result,
actual results may vary materially from those described in the forward-looking
statements.


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