Habanero Resources Inc.: White Gold Work Program to Commence in Yukon
Published : July 20, 2011
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Keywords :   Canada | Gold | Lead | Lithium | Market | Silver | Silver Producer | Zinc |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 20, 2011) - Habanero Resources Inc. ("Habanero" or the "Company") (News - Market indicators) (PINK SHEETS:HBNRF) (FRANKFURT:HRJ) wishes to announce that the work program on the White Gold Prospect in the Yukon is scheduled to commence shortly. Equity Exploration Consultants has been contracted to perform the work. The White Gold Prospect is directly bordering the Kinross Golden Saddle Discovery which was acquired from Underworld Resources Inc. in June 2010.

At this time the 2011 Haldane Silver Prospect work program is also underway. The first phase of exploration on the Haldane property consists of road building to the drill site, mapping, prospecting, soil sampling and detailed magnetic surveying to determine the highest priority drill targets over the entire property. Recently, Habanero substantially increased its land position in the Keno Hill Silver Region of the Yukon through the staking of 289 claims for approximately 14,000 additional acres. This now brings the total acreage for the Haldane Silver Prospect to approximately 21,000 contiguous acres, which borders Alexco Resources Corp.'s Bellekeno Property. The Yukon Government's published Minfile database states that between 1913 and 1989, the Keno Hill Silver District produced more than 217 million ounces of silver (5.37 million tons) with average grades of 40.52 oz/ton silver, 5.62% lead and 3.14% zinc, making it the second-largest historical silver producer in Canada.

President Jason Gigliotti stated, "We are pleased to be able to have multiple work programs underway in two of highest focused regions of the Yukon. Management also anticipates starting up work on our Lezai Prospect in Quebec this summer. When you couple this busy work period with near all time highs on silver and gold, management is optimistic about the coming months as we explore these prospects."

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.; and holdings in the Alberta Oilsands.

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.

Jason Gigliotti, President

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Habanero Resources Inc.
604 646 6900
www.habaneroresources.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Habanero Resources Inc.

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CODE : HAO.V
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Habanero is a and oil exploration company based in Canada.

Habanero holds various exploration projects in Canada.

Its main exploration properties are ALBERTA OIL SANDS, HALDANE and LEZAI in Canada.

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Financings of Habanero Resources Inc.
5/27/2011Private Placement Proposed
Project news of Habanero Resources Inc.
4/13/2011President to attend Chicago Resource Expo this weekend
3/2/2011(Lezai)to Acquire Additional Acreage in Quebec
Corporate news of Habanero Resources Inc.
10/22/2013Oilsand Acreage to be Cancelled with Compensation by the Alb...
8/30/2013(Haldane)Drill Program Commences on the Haldane Silver Prospect in th...
5/22/2013Acquires Additional Land in Gaspe Bay, Quebec
1/11/2013Diamond Drilling Intersects 20.0% Al2O3 at Grand-Vallee Nort...
9/12/2012Commences 2012 Work Program on 'White Gold' Prospect in the ...
7/20/2011White Gold Work Program to Commence in Yukon
6/27/2011Summer Yukon Work Program Now Underway
6/15/2011Increases Land Position in the Yukon
4/29/2011Silver Drill Program in Yukon to Commence
4/11/2011to Increase Gold Prospect Landholding in Quebec
8/22/2007Drill Program Proposed on Oil Sands Prospect
7/3/2007Increases Oil Sands Acerage by Almost 300%
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