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Habanero Resources Inc.: Habanero Acquires Two Blocks of Claims in the Yukon


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Published in Business and Finance on , Last Modified on 2009-06-22 00:49:06 by Market Wire   Print publication without navigation


VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 22, 2009) - Habanero Resources Inc. ("Habanero") (TSX VENTURE:HAO)(PINK SHEETS:HBNRF)(FRANKFURT:HRJ) wishes to announce that it has been notified that 100 quartz claims to date have been registered in Habanero's name. These specific claims consist of two separate contiguous blocks in Stewart River Area of the Yukon. These claims are in close proximity to the recently announced discovery (May 27, 2009) by Underworld Resources Inc. that stated significant results returning grades of 3.94 g/t Au over 59.9 and 3.59 g/t Au over 98.3 metres. These two blocks consist of approximately 5,200 acres, with one contiguous block consisting of 56 claims and the other contiguous block consisting of 44 claims. Management is planning to mobilize crews to start a detailed work program on these blocks in the near future. Management also anticipates the number of claims secured to date to increase in the future.

Mr. Laurence Stephenson, PEng, "Based on the natural resources map of Canada by Gordey and Ryan, the land Habanero has secured displays similar geological characteristics as the Underworld Resources Inc. discovery that only occur in a few locations displayed on the map."

Jason Gigliotti, President of Habanero Resources stated, "Management moved quickly on this potential prospect as Underworld's recent discovery has created significant interest in the mining community. By moving quickly, Habanero has secured one of, if not the single largest land package in the area next to Underworld Resources Inc. We also plan to initiate a work program as soon as possible. Additionally, management is optimistic that additional claims will be secured in the future."

This release has been reviewed by Laurence Stephenson, PEng, the designated qualified person as defined by NI 43-101.

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.



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