Habanero Successfully Intersects Mineralized Targets with Drill Program In Keno Hill Silver District of the Yukon
Murray Jones, PGeo, of Equity Exploration Consultants Ltd., who oversaw the drill program stated, "Drilling at the Haldane project successfully intersected several of the hoped for altered and mineralized structures that control mineralization within the Mt Haldane vein system. We are encouraged by the geology of the holes and look forward to the assays on this highly prospective silver project."
Historic data within the Haldane Silver Prospect indicated production of 24.7 tonnes of sorted ore grading 3101.7 g/t silver on the Middlecoff Zone (1919) with later drilling returning 2,790.8 g/t over 1.2 metres. On the Johnson Adit, historic data states production of 2.1 tonnes of sorted ore grading 4602.1 g/t silver (1926-27), and a 2008 surface float sample assayed 955 g/t silver, 16 g/t gold. Other historic showings throughout the property had anomalous rock samples up to 6,208.3 g/t silver. The historic data was compiled pre NI 43-101 reporting, therefore they cannot be relied upon.
The Haldane Property is a structurally controlled, silver vein prospect located within the Keno Hill silver district in the central Yukon. Between 1921 and 1988, the Keno Hill silver district produced more than 217 million ounces of silver with average grades of 40.5 ounces per ton silver, 5.6 per cent lead and 3.1 per cent zinc (Yukon government's Minfile database). The historical production grades would rank Keno Hill in the top 3 per cent by grade of today's global silver producers. The Keno Hill district is the second-largest historical silver producer in Canada. The Haldane property is well situated about 25 kilometres west of the main Keno Hill deposits. Mineralization is controlled by northerly trending structures, and consists of galena, sphalerite and tetrahedrite-tennantite in quart-siderite gangue. The best mineralization found to date occurs where the mineralized structures cut the Keno Hill quartzite unit, below the Robert Service Thrust. This is almost identical to the setting for mineralization at the main Keno Hill deposits. Any historical data presented here is not necessarily representative of this prospect itself. Habanero plans to file a NI 43-101 report once completed. Haldane Silver Prospect is approximately 7,150 contiguous acres.
This news release has been reviewed and approved for technical content by Murray Jones, P.Geo., a qualified person as defined under the terms of National Instrument 43-101.
Habanero is a diversified junior company with the following prospects: acreage in the Alberta Oilsands; land in the Yukon, bordering Underworld; the Haldane Silver Prospect in the Yukon; a sizable land holder within the land prospective for lithium in Alberta; two prospects in the Stewart Mining Region of BC, one bordering Canasia Industries Corporation's Clone Prospect and the other in the vicinity of the discovery made by Decade Resources Ltd.; land in the Barkerville Gold Camp of BC bordering Barkerville Gold Mines Ltd., and property in the Red Chris Mining Region of BC near Imperial Metals Corp.
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.
Tel: 604 646 6900
"Jason Gigliotti"
Jason Gigliotti, President
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Habanero Hires Driller for Yukon Silver Prospect
Jason Gigliotti, President of Habanero stated, "This is a very exciting time for Habanero. We are about to commence a drill program for the first time in three years in one of the largest historic silver producing regions in the world. According to government officials from the Yukon, they expect this year to be one of the most active drill seasons in many years. Habanero has two projects located in two of the most focused upon regions in the Yukon. The Haldane Sliver Project is located near Alexco Resources Corp., which is expected to go into production later this year on its Bellekeno mine. Our other Yukon prospect borders Underworld Resources Inc. and is the closest property to their actual discovery. Recently, Underworld agreed to a friendly takeover from Kinross. Our White Gold Prospect also lies directly north the recent discovery made by Kaminak Gold Corp., who just announced 17.1 grams per tonne or 15.5 metres of gold."
The Haldane Property is a structurally controlled, silver vein prospect located within the Keno Hill silver district in the central Yukon. Between 1921 and 1988, the Keno Hill silver district produced more than 217 million ounces of silver with average grades of 40.5 ounces per ton silver, 5.6 per cent lead and 3.1 per cent zinc (Yukon government's Minfile database). The historical production grades would rank Keno Hill in the top 3 per cent by grade of today's global silver producers. The Keno Hill district is the second-largest historical silver producer in Canada. The Haldane property is well situated about 25 kilometres west of the main Keno Hill deposits. Mineralization is controlled by northerly trending structures, and consists of galena, sphalerite and tetrahedrite-tennantite in quart-siderite gangue. The best mineralization found to date occurs where the mineralized structures cut the Keno Hill quartzite unit, below the Robert Service Thrust. This is almost identical to the setting for mineralization at the main Keno Hill deposits. Any historical data presented here is not necessarily representative of this prospect itself. Habanero plans to file a NI 43-101 report once completed. Haldane Silver Prospect is approximately 7,150 contiguous acres.
Habanero will also be presenting at the World Resource Investment Conference in Vancouver on Sunday June 6th and Monday June 7th, in booth 138. Jason Gigliotti will be hosting a presentation held at the Best Western Gold Rush Inn in Whitehorse on Wednesday June 9 between 11:30am and 2:00pm.
If you would like attend the presentation in Whitehorse, please RSVP at habaneroresources@gmail.com
This news release has been reviewed and approved for technical content by Murray Jones, PGeo. Mr. Jones is a qualified person as defined under the terms of National Instrument 43-101.
Habanero is a diversified junior company with the following prospects: acreage in the Alberta Oilsands; land in the Yukon, bordering Underworld; the Haldane Silver Prospect in the Yukon; a sizable land holder within the land prospective for lithium in Alberta; two prospects in the Stewart Mining Region of BC, one bordering Canasia Industries Corporation's Clone Prospect and the other in the vicinity of the discovery made by Decade Resources Ltd.; land in the Barkerville Gold Camp of BC bordering Barkerville Gold Mines Ltd., and property in the Red Chris Mining Region of BC near Imperial Metals Corp.
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.
Tel: 604 646 6900
"Jason Gigliotti"
Jason Gigliotti, President
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Habanero Acquires Additional Alberta Oilsands Assets
- The Company held a 50% interest in Oil Sands Lease number 7407020015 located in the Athabasca Oil Sands of Alberta, below the top of the Viking formation to the base of the Woodbend Group, and is 512 hectares. Habanero now has a 100% interest in this lease.
- The Company held a 5% interest in Oil Sands Lease number 740706373 located in the Athabasca Oil Sands of Alberta, below the top of the Viking formation to the base of the Woodbend Group, and is 2,560 hectares. Habanero now has a 100% interest in this lease.
- The Company held a 5% interest in Oil Sands Lease number 740706374 located in the Athabasca Oil Sands of Alberta, below the top of the Viking formation to the base of the Woodbend Group, and is 3,072 hectares. Habanero now has a 100% interest in this lease.
- The Company held a 5% interest in Oil Sands Lease number 7407070281 located in the Athabasca Oil Sands of Alberta, below the top of the Viking formation to the base of the Woodbend Group, and is 1,024 hectares. Habanero now has a 100% interest in this lease.
- The Company held a 4% working interest in a 120 hectare block of land located in the Athabasca Oil Sands region of Alberta, Canada. This land comprises of half the Leismer lease, Section 19, Township 77, Range 9, W4M-1-256, referred to as the Leismer Oil Sands Prospect. Habanero now has 24% working interest of this lease
- The Company held a 5% working interest in three oil sands leases in the Muskwa area of Alberta comprising of 1,024 hectares for $473,856. The Muskwa Leases are located at Leismer lease Section 5, Township 78, Range 8W4-1-256; Leismer lease Section 11, Township 78, Range 9W4-1-256; and Muskwa Sections 12 & 13, Township 86, Range 25W4-2-512. Habanero now has 30% working intrest of these leases.
Habanero is a diversified junior company with the following prospects: acreage in the Alberta Oilsands; land in the Yukon, bordering Underworld; the Haldane Silver Prospect in the Yukon; a sizable land holder within the land prospective for lithium in Alberta; two prospects in the Stewart Mining Region of BC, one bordering Canasia Industries Corporation's Clone Prospect and the other in the vicinity of the discovery made by Decade Resources Ltd.; land in the Barkerville Gold Camp of BC bordering Barkerville Gold Mines Ltd., and property in the Red Chris Mining Region of BC near Imperial Metals Corp.
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.
Tel: 604 646 6900
"Jason Gigliotti"
Jason Gigliotti, President
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Habanero Initiates Work Program on Haldane Silver Project in the Yukon
Jason Gigliotti, President of Habanero stated, "This is a very exciting time for Habanero. We are about to commence a drill program for the first time in three years in one of the largest historic silver producing regions in the world. According to government officials from the Yukon, they expect this year to be one of the most active drill seasons in many years. Habanero has two projects located in two of the most focused upon regions in the Yukon. The Haldane Sliver Project is located near Alexco Resources Corp., and our other Yukon prospect borders Underworld Resources Inc. and is the closest property to their actual discovery. Recently, Underworld has agreed to a friendly takeover from Kinross."
The Haldane Property is a structurally controlled, silver vein prospect located within the Keno Hill silver district in the central Yukon. Between 1921 and 1988, the Keno Hill silver district produced more than 217 million ounces of silver with average grades of 40.5 ounces per ton silver, 5.6 per cent lead and 3.1 per cent zinc (Yukon government's Minfile database). The historical production grades would rank Keno Hill in the top 3 per cent by grade of today's global silver producers. The Keno Hill district is the second-largest historical silver producer in Canada. The Haldane property is well situated about 25 kilometres west of the main Keno Hill deposits. Mineralization is controlled by northerly trending structures, and consists of galena, sphalerite and tetrahedrite-tennantite in quart-siderite gangue. The best mineralization found to date occurs where the mineralized structures cut the Keno Hill quartzite unit, below the Robert Service Thrust. This is almost identical to the setting for mineralization at the main Keno Hill deposits. Any historical data presented here is not necessarily representative of this prospect itself. Habanero plans to file a NI 43-101 report once completed. Haldane Silver Prospect is approximately 7,150 contiguous acres.
This news release has been reviewed and approved for technical content by Murray Jones, PGeo. Mr. Jones is a qualified person as defined under the terms of National Instrument 43-101.
Habanero is a diversified junior company with the following prospects: acreage in the Alberta Oilsands; land in the Yukon, bordering Underworld; the Haldane Silver Prospect in the Yukon; a sizable land holder within the land prospective for lithium in Alberta; two prospects in the Stewart Mining Region of BC, one bordering Canasia Industries Corporation's Clone Prospect and the other in the vicinity of the discovery made by Decade Resources Ltd.; land in the Barkerville Gold Camp of BC bordering Barkerville Gold Mines Ltd., and property in the Red Chris Mining Region of BC near Imperial Metals Corp.
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.
For more information, please contact
Habanero Resources Inc.
Jason Gigliotti
President
604 646 6900
www.habaneroresources.com
Habanero Acquires Additional Property Contiguous to Haldane Silver Project in the Yukon
Jason Gigliotti, President of Habanero Resources stated, "We have been trying to secure this piece of property for some time now. This portion completes the land package we wanted to attain before drilling commences. This new property was held by a local prospector for many years and considering the main portion of the Haldane Prospect was acquired from well respected geologists from Equity Exploration Consultants Ltd., we are optimistic about what this new piece will add to the existing claims. We anticipate to be drilling the highest priority targets on the Haldane Silver Prospect within the next 1-2 months. Habanero has not had a drill program for nearly three years and management is looking forward to starting this drill program as soon as possible. This project is located in one of the most prolific silver producing regions in Canada, and silver prices are currently near historic highs, management looks forward the coming weeks."
The Haldane Property is a structurally controlled, silver vein prospect located within the Keno Hill silver district in the central Yukon. Between 1921 and 1988, the Keno Hill silver district produced more than 217 million ounces of silver with average grades of 40.5 ounces per ton silver, 5.6 per cent lead and 3.1 per cent zinc (Yukon government's Minfile database). The historical production grades would rank Keno Hill in the top 3 per cent by grade of today's global silver producers. The Keno Hill district is the second-largest historical silver producer in Canada. The Haldane property is well situated about 25 kilometres west of the main Keno Hill deposits. Mineralization is controlled by northerly trending structures, and consists of galena, sphalerite and tetrahedrite-tennantite in quart-siderite gangue. The best mineralization found to date occurs where the mineralized structures cut the Keno Hill quartzite unit, below the Robert Service Thrust. This is almost identical to the setting for mineralization at the main Keno Hill deposits. Any historical data presented here is not necessarily representative of this prospect itself. The company plans to file a 43-101 report once completed.
This option is subject to regulatory approval.
This news release has been reviewed and approved for technical content by Murray Jones, PGeo. Mr. Jones is a qualified person as defined under the terms of National Instrument 43-101.
Habanero is a diversified junior company with the following prospects: acreage in the Alberta Oilsands; land in the Yukon, bordering Underworld; the Haldane Silver Prospect in the Yukon; a sizable land holder within the land prospective for lithium in Alberta; two prospects in the Stewart Mining Region of BC, one bordering Canasia Industries Corporation's Clone Prospect and the other in the vicinity of the discovery made by Decade Resources Ltd.; land in the Barkerville Gold Camp of BC bordering Barkerville Gold Mines Ltd., and property in the Red Chris Mining Region of BC near Imperial Metals Corp.
To view maps of these projects please go to http://www.habaneroresources.com.
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.
Habanero Resources Inc.
Jason Gigliotti, President
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact
Habanero Resources Inc.
Jason Gigliotti
President
604 646 6900
www.habaneroresources.com