Habanero Resources Inc. ("Habanero" or the "Company") (TSX
VENTURE:HAO)(PINKSHEETS:HBNRF)(FRANKFURT:HRJ) wishes to announce that it has
been notified that initial sampling results have been received on the 100
percent owned Lezai Multi-Element Prospect in Quebec. Samples returned anomalous
zinc (Zn) grades of up to 2,060 parts-per-million (ppm) and copper (Cu) levels
of 1,075 ppm. The multi-element Lezai Prospect comprises of approximately 55,100
contiguous acres, which are located approximately 125 kilometres northwest of
Chibougamau, Quebec. 


According to Kristopher J. Raffle, P.Geo (BC) Senior Geologist for APEX
Geoscience Ltd. "Habanero has received analytical results for all 100
reconnaissance rock grab samples collected within the Lezai Prospect during fall
2011. Rock grab samples collected from Target 5 (North), located approximately
10 kilometres northeast Beaufield Resources Inc.'s, Tortigny Copper-Zinc-Silver
deposit, returned assays of 2060 ppm Zn, 735 ppm Cu and 0.8 ppm Silver (Ag) from
outcrop (sample 11CBP048). Target 5 (South) is located approximately 3
kilometres northeast of the Tortigny deposit. Rock grab samples of pyrite
(+/-chalcopyrite) mineralized basalt boulders at Target 5 (South) collected
intermittently over a 1 kilometre northeast trending zone returned anomalous
values including: 848 ppm Zn and 276 ppm Cu (sample 11ERP188); 583 ppm Zn and
370 ppm Barium (sample 11CBP050); and 224 ppm Cu, 0.8 ppm Ag, 24
parts-per-billion (ppb) gold (Au) and 13 ppm Arsenic (sample 11ERP180). In
addition, sampling of quartz veined, pyrite (+/-chalcopyrite) mineralized basalt
rocks in outcrop at Target 2, located approximately 5 kilometres to the east of
the Lessard Zinc-Copper-Gold deposit, returned assays of 1075 ppm Cu (sample
11ERP178); and 1020 ppm Zn (sample 11ERP177).


The Lezai Prospect occurs within the Frotet-Evans greenstone belt
(Frotet-Troilus volcanic-sedimentary belt). The belt is host to a number of
significant Cu-Zn-Au-Ag massive sulphide occurrences including the Tortigny,
Lessard, Baie Moleon, De Maures (SOQUEM) deposits, which lie along a 25
kilometre northwest-southeast trend on the southern limb of the Frotet
anticline. The fall 2011 sampling program at the Lezai Prospect has returned a
number of copper, zinc, silver and gold plus massive sulphide pathfinder element
anomalies. The anomalies, while preliminary in nature, underscore the potential
of the Lezai Prospect to host volcanic associated copper-zinc-silver-gold
massive sulphide mineralization."


Jason Gigliotti, President of Habanero stated, "We are pleased with the initial
base metal grades returned. Based on these initial grades we are now in the
process of planning a much larger scale work program for 2012 to further
investigate these occurrences, with the intention to drill once we finalize the
highest priority drill targets."


Recently Habanero also increased its land position by approximately 11,000 acres
on its 100% owned "Grande-Vallee North" Aluminous Clay Prospect. (announced
November 24, 2011) Habanero now has approximately 6,700 contiguous hectares
(approximately 16,500 acres). This prospect directly borders to the north Orbite
Aluminae Inc.'s (TSX:ORT) 6,441-hectare Grande-Vallee property, the site of an
aluminous clay deposit located 32 km northeast of Murdochville, Quebec.
According to Orbite's website, "A NI 43-101 compliant technical report on the
disclosure of information relating to mineral projects in Canada indicates that
the clay deposit at the Grande-Vallee property contains, conservatively
estimating a density of 2 tonnes per cubic metre, 800 million to 1 billion
tonnes of "indicated mineral resources" in the first 100 metres depth of the
Marin sector alone. The property is strategically located near several deepwater
ports and across the St. Lawrence River from the province's major aluminum
smelters." At this time samples have been submitted and results from this
initial phase are pending.


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; the Lezai
Multi-Element Prospect comprising of approximately 55,100 contiguous acres in
Quebec; holdings in the Alberta Oilsands; and the Grande-Vallee North aluminous
clay prospect near Murdochville Quebec, bordering Orbite Aluminae Inc.'s
deposit.


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. 


Work on the Lezai Gold Prospect and Grand-Vallee North Prospect were supervised
by Kristopher J. Raffle, P.Geo (BC) Senior Geologist for APEX Geoscience Ltd. of
Edmonton, AB, who is the qualified person for the project as defined by National
Instrument 43-101. Mr. Raffle has reviewed the portion of the technical content
of this news release as it relates to the Grand-Vallee North Prospect and the
Lezai Multi-Element Prospect.


To view maps of these projects please go to http://www.habaneroresources.com. 

Habanero Resources Inc. 

Jason Gigliotti, President

Sienna Resources, Inc. (TSXV:HAO)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Sienna Resources, Inc. Charts.
Sienna Resources, Inc. (TSXV:HAO)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Sienna Resources, Inc. Charts.