HML

New Hana Copper Mining Ltd. ("HML" or the "Company") - (TSX VENTURE:HML) is
pleased to announce that it has entered into an Acquisition and Joint Venture
agreement (the "Agreement") with BSC Resources Limited. ("BSC") of South Africa
whereby the Company has the option to earn up to a 100% interest in the Musina
Copper Project (the "Project"), located in northeast South Africa. 


The Musina Project

The Musina Project area is comprised of six Prospecting Rights covering 100
square kilometers (10,006.88 hectares) of highly prospective ground which
encompasses the Musina fault which is a structure that is known to host a number
of formerly producing high-grade copper mines. The Project includes the formerly
producing Artonvilla, Spence, Messina, Harper and Campbell underground copper
mining operations. 


Mining commenced at Musina around 1905 focusing on high grade (25% Cu) surface
outcrops. Subsequently, copper mineralization was exploited by five main shafts
along the Messina fault zone over a strike length of 15 kilometres to depths of
over 1,400 metres below surface. From 1905 to 1993 Musina was operated by
Messina (Transvaal) Development Company, after which the name was changed to
Messina Ltd. The mine was closed due to low copper prices. 


Over 750,000 tonnes of wire-grade copper ingots were fire-refined on site until
1993 when it became uneconomical to continue operating the company's own
smelter. Subsequently, concentrates, with an average grade of +40% copper, were
transported by rail to Phalabora for smelting and refining. 


The management of BSC estimates that tens of millions of tonnes of mineralized
material remains at Musina. 


Copper mineralization has also been confirmed, through drilling and trenching,
at the Mollytoo target. BSC geologists believe that there is considerable
potential for the discovery of additional copper mineralization within this
target area to a depth of at least 1,500 metres, which is the historic depth of
the Harper and Campbell mines, and along strike within and adjacent to the
Musina fault. 


There is also exploration potential at a partially drilled breccia pipe which
may extend mineralization from surface to a depth of at least 1,500 metres. In
addition, there are a number of high quality historic copper soil anomalies that
remain untested. 


The Project area has not previously been flown with modern geophysical
techniques which could detect additional blind massive sulphide bodies and/or
zones of disseminated mineralization.


Copper sulphide mineralization consists mostly of chalcopyrite, bornite and
chalcocite whereas oxide mineralization consists of mostly of malachite and some
minor covellite and azurite. The copper mineralization is believed to have
originated from magmatic intrusions of late to post-Karoo age. Mineralized
emanations intruded the country-rock, mainly along the Musina fault, to form
breccia bodies in this fault zone, as well as breccia pipes.


The Project is well supported by infrastructure including roads, railway and is
adjacent to the national electrical grid. The Phalabora Copper Smelter and
Refinery is located approximately 326 kilometres away from the Project.


Terms of the transaction

The Company can earn its initial undivided 50% interest in the Musina Project by
making an initial US$200,000 cash payment to BSC within five (5) business days
of the later of that date that five of the six project's prospecting rights are
renewed by the South African authorities and TSX Venture approval (the
"Effective Date"), and three equal payments of US$100,000 every six months
thereafter. As a result, the total cash payment for the initial 50% interest is
US$500,000. 


To earn its initial undivided 50% interest therein, the Company must also incur
total work expenditures aggregating US$5,100,000 on the Project within 36 months
of the Effective Date of the Agreement. 


The Company shall have the sole exclusive right and option to acquire the
remaining 50% undivided interest of the Project by paying a cash amount of
US$2,600,000 to BSC and by issuing up to 10 million common shares of the Company
to BSC, such that the number of shares will, on the date of issue, equate to a
value not greater than US$30 million. Such shares will be issued to BSC within
10 business days after the receipt of a Mining Right from the South Africa
Minister of Mineral Resources. The Mining Right shall cover the entirety of the
property or any smaller area selected by the Company. 


If the Company acquires the initial 50% interest and does not elect to acquire
the remaining undivided 50% interest, the Project will be managed on a
joint-venture basis with the Company being the operator of the Project. 


The Company may terminate the earn-in in respect to all or a portion of the
Project at any time during the earn-in period, by delivering a notice on at
least 30 days' notice to BSC terminating the earn-in in respect to the Project. 


About BSC Resources Ltd.

BSC is a South African Black Economic Empowerment company which is focused on
the exploration for and development of precious, base metal and coal projects in
South Africa. BSC was incorporated in 2005 and since then has acquired one of
the largest prospecting areas in South Africa which includes the ex-Falconbridge
Insizwa nickel, copper and platinum project, which BSC has optioned to a major
global mining company. 


Update on New Hana Copper Mining Ltd.'s Kuke Copper-Silver Project in Botswana

The Company's recently concluded its exploration drilling program at Kuke and
results are pending. The company will provide an update on the Kuke Project once
it has assessed the results from this program. 


This press release was reviewed and approved by Marek Kreczmer., Chief Executive
Officer for New Hana. He is the qualified person as defined in NI 43-101. 


The Agreement remains subject to receipt of all necessary regulatory approvals,
including acceptance of the TSX Venture Exchange. 


Please visit the Company's website at www.newhanamining.com for additional
details on the Company and the Kuke Project. 


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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