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Habanero Resources Inc. is a diversified junior company with multiple projects in Gold, Silver, Copper, Zinc, Aluminous Clay and Rare Earth Elements.
Habanero Resources Inc. has recently obtained the Grande-Vallee North aluminous clay prospect which consists of approximately 7,400 hectares (18,285 contiguous acres) directly bordering to the north Orbite Aluminae Inc (ORT-TSX) 6,441-hectare Grande-Vallée property, the site of an aluminous clay deposit located 32 km northeast of Murdochville, Quebec. The first phase of sampling on this property has been completed and altered red clay was encountered. Samples as high as 22.99% Al2O3 were encountered and multiple samples over 18% Al2O3 were sampled. At this time only 1/3 of the property has had work done and a more aggressive work program in now being planned for 2012 to test for Al2O3 and rare earths.
Habanero has the Haldane Silver Prospect in the Keno Hill Silver district of the Yukon. This prospect is in the vicinity of the "Rau" discovery of ATAC Resources Ltd (ATC-TSX.V) and Alexco Resources' (AXR-TSX) Bellekeno Mine. The Haldane Silver Prospect consists of 143 contiguous quartz mineral claims, covering over 21,000 contiguous acres, in one of the most prolific silver producing regions in Canada.
Habanero is also well situated in the Yukon with the "White Gold" and Haldane Silver Prospect. The White Gold property is directly bordering Underworld Resources' (subsequently taken over by Kinross) "Golden Saddle" discovery and lies directly north of Kaminak Gold Corp's - (KAM: TSX-V) discovery at their 'Coffee' Prospect. The work to date has outlined a 2.5 x 1.0 km multi-element soil anomaly. A larger work program is scheduled for 2012 to test the extent of this anomaly.
The Lezai Multi Element Prospect is approximately 55,100 contiguous acres approximately 125 kilometres northwest of Chibougamau, Quebec. Habanero Resources Inc. has completed the first phase of operations on Lezai Multi Element Prospect in Quebec. Five locations have now been targeted as the priority areas to investigate. The 2011 work program returned samples containing zinc (Zn) grades of up to 2,060 parts per million (ppm) and copper (Cu) levels of 1,075 ppm. A larger work program for 2012 is being planned.
Haldane Silver Prospect, Keno Hill Region of Yukon
The Haldane is a structurally controlled, silver vein prospect located within the same geological formation as all the other major silver discoveries in the Keno Hill Silver District in central Yukon.
The Haldane Silver Prospect consists of 143 contiguous quartz mineral claims, covering over 21,000 contiguous acres, in one of the most prolific silver producing regions in Canada.
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 43-101 report once completed.
Habanero's White Gold Prospect bordering Kinross
The White Gold Prospect consists of 350 mineral claims within the Tintina gold province of Central Yukon, totaling over 18,000 acres bordering what was formerly Underworld Resources (UW-TSX.V) who has since agreed to a friendly takeover by Kinross Gold (K-TSX). Prior to the Takeover by Kinross, Underworld Resources (on May 27, 2009) announced grades of 3.94 g/t Gold over 59.9 metres and 3.59 g/t Gold over 98.3 metres. The work to date has outlined a 2.5 x 1.0 km multi-element soil anomaly. A larger work program is scheduled for 2012 to test the extent of this anomaly.