Habanero Resources Inc.: White Gold Work Program Now Underway in Yukon
11 Agosto 2011 - 4:01AM
Marketwired
Habanero Resources Inc. ("Habanero" or the "Company") (TSX VENTURE:
HAO)(PINK SHEETS: HBNRF)(FRANKFURT: HRJ) wishes to announce that
the work program on the White Gold Prospect in the Yukon has now
commenced. Equity Exploration Consultants has been contracted to
perform the work. The White Gold Prospect is directly bordering the
Kinross' Golden Saddle Discovery which was acquired from Underworld
Resources Inc. in June 2010.
At this time, the 2011 Haldane Silver Prospect work program is
also ongoing. The first phase of exploration on the Haldane
property consisted of building a road to the drill site, mapping,
prospecting, soil sampling and detailed magnetic surveying to
determine the highest priority drill targets over the entire
property. Drilling on this prospect is expected to commence
shortly. Recently, Habanero substantially increased its land
position in the Keno Hill Silver Region of the Yukon by staking 289
claims for approximately 14,000 additional acres. This now brings
the total acreage for the Haldane Silver Prospect to approximately
21,000 contiguous acres, which borders Alexco Resources Corp.'s
Bellekeno Property. 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, "The month of August is
shaping up to be the busiest in recent years for Habanero. We have
now commenced operations on our 'White Gold' Prospect, which
borders the Kinross 'Golden Saddle' property and in fact is the
closest property to the actual discovery zone. We are also
anticipating the drill program to commence shortly on the Haldane
Silver Prospect bordering Alexco's Bellekeno property and we also
anticipate starting operations on the Quebec prospect. Clearly,
this is a very active time for Habanero and management is
optimistic about what the second half of 2011 may bring for
Habanero."
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 land prospective for lithium in Alberta; 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 www.habaneroresources.com
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