Habanero Starts Work Program in Quebec
October 25 2011 - 3:01AM
Marketwired
Habanero Resources Inc. ("Habanero" or the "Company") (TSX
VENTURE:HAO) (PINK SHEETS:HBNRF) (FRANKFURT:HRJ) wishes to announce
that it has started operations in Quebec. At this time a field crew
is on the Lezai Gold Prospect. Five locations have been targeted as
the priority areas to investigate.
HAO recently (October 7, 2011) acquired the "Grande-Vallee
North" Aluminous Clay prospect consisting of 5,574 contiguous
acres. This prospect directly borders to the north Orbite Aluminae
Inc. (ORT-TSX) 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."
President Jason Gigliotti stated, "We are pleased to be underway
on the first of our two Quebec Prospects. Not only are we now
underway on the Lezai Gold Prospect but we anticipate commencing
operations on the Grande-Vallee North Aluminous Clay Prospect
shortly as well. We are also awaiting the drill results from the
Haldane Silver Prospect in the Yukon."
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.; holdings in the
Alberta Oilsands: and now the Grande-Vallee North aluminous clay
prospect near Murdochville Quebec, bordering Orbite Aluminae Inc.
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.
To view maps of these projects please go to
http://www.habaneroresources.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Habanero Resources Inc. Jason Gigliotti President 604
646 6900www.habaneroresources.com
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