Hana Mining Ltd.

Published : March 19th, 2010

New Advisory Board Member

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Keywords :   Botswana | Canada | China | Copper | Iron | Malaysia | Market | Silver | Singapore | Taiwan |
Friday, March 19, 2010
NEWS RELEASE
 
Hana Mining Announces New Advisory Board Member

March 19, 2010 (Vancouver, British Columbia). Hana Mining Ltd., ("HMG" or the "Company") - (TSX-V: HMG) (Frankfurt: 4LH) is pleased to announce the appointment of David Kong to the Advisory Board of the Company, effective immediately.

Mr. Kong was born in Malaysia where he completed his high school education. He earned his Bachelor degree in Business Administration in Taiwan and spent two years working in Singapore for South East Asia Iron & Steel Institute, a United Nations sponsored organization.

David immigrated to Canada in the early 1970's where he studied marketing in the University of British Columbia's MBA program. Mr. Kong then earned his Chartered Accountant designation in British Columbia and was a partner of Ellis Foster Chartered Accountants, the largest independent accounting firm in British Columbia, between 1981 and 2004. Ellis Foster merged with Ernst & Young LLP in 2005 and retained David as a partner of Ernst & Young LLP from 2005 to 2010 where he led its Chinese market practice in Canada and focused on servicing Canadian public companies doing business in China and Chinese public companies listed on the North American stock exchanges.

The Company further announces that it has granted Incentive Stock Options (the "Options") to purchase up to 100,000 common shares of the Company to a consultant of the Company. The Options are exercisable at $1.84 per share and will expire on March 18, 2015. All securities issued upon exercise of the Options are subject to a hold period expiring four (4) months after the date of grant. The subject Options will vest quarterly over 24 months, in 8 equal tranches with the first tranche commencing June 15, 2010. The Options are subject to the terms and conditions of the Company's Stock Option Plan.

Hana Mining's CEO, Marek Kreczmer, commented as follows:

"I am pleased to welcome David to the Company. He has a wealth of business and regulatory experience that will be invaluable as the Company moves to the next stage of development."

About Hana Mining's Ghanzi Copper-Silver Project in Botswana

The Ghanzi Project is located in the center of the Kalahari copper belt in northwestern Botswana. The Ghanzi property covers 2,169 sq. km., and contains sediment-hosted copper-silver deposits with a demonstrated cumulative tested strike length of 33.4 kilometres. This favourable geology extends over the entire strike length of 600 kilometres Hana Mining released results of it's first NI 43-101 resource estimate for the Ghanzi Project in June 2009, announcing an inferred resource of 2.0 billion lb of copper and 34.9 million oz of silver from 60.4 million tonnes. This resource estimate is based on a 0.75% Cu cutoff grade, and averages 1.51% Cu and 17.98 g/t Ag. The Banana Zone represents 40.7 million tonnes of this total resource (67%), has been the focus of the Company's drilling and development efforts for 2009, and will remain the primary focus for 2010.

Hana Mining is focused on demonstrating that the Ghanzi property represents one of Africa's premier future copper-silver resources.

For Further Information, contact:
Marek Kreczmer
CEO
Hana Mining Ltd.
Tel: (604) 676-0824
Email: info@hanamining.com
Website: www.hanamining.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

You can also view this News Release on our website at:
http://www.hanamining.com/s/NewsReleases.asp?ReportID=390238
 

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Hana Mining Ltd.

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CODE : HMG.V
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Hana Mining is a copper and silver development stage company based in Canada.

Hana Mining holds various exploration projects in Botswana.

Its main exploration property is GHANZI in Botswana.

Hana Mining is listed in Canada and in Germany. Its market capitalisation is CA$ 80.6 millions as of today (US$ 78.4 millions, € 58.5 millions).

Its stock quote reached its lowest recent point on March 27, 2009 at CA$ 0.06, and its highest recent level on December 17, 2010 at CA$ 5.68.

Hana Mining has 99 494 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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Financings of Hana Mining Ltd.
2/7/2012Announces Completion of Non-Brokered Financing and Investmen...
1/30/2012Announces Final Allocation of Previously Announced Financing
1/27/2012Announces Non-Brokered Financing
5/20/2010Closing of Bought-Deal Private Placement
4/30/2010Arranges $21Million Bought-Deal Private Placement
5/27/2009has closed the first tranche of its brokered private placeme...
Nominations of Hana Mining Ltd.
11/7/2012New Hana Mining Builds the Corporate Structure with Appointm...
5/5/2011Appoints New Chief Financial Officer
4/5/2011shareholders overwhelmingly approve the appointment of three...
3/21/2011Announces the Nomination of Three Highly Experienced Candida...
7/19/2010Appointment of Pat Donnelly, former mining analyst, as VP Co...
Project news of Hana Mining Ltd.
2/8/2013Receives Approval from Botswana Minister of Minerals, Energy...
1/10/2013(Ghanzi)Receives Renewal of Ghanzi Project Prospecting Licenses
10/25/2012Agrees To C$0.82 Per Share All-Cash Acquisition By Cupric Ca...
8/20/2012Expands Zone 5 at Depth with Strong Drill Results
8/13/2012Continues to Hit High-Grade Copper-Silver Mineralization at ...
6/29/2012(Ghanzi)Files Ghanzi Preliminary Economic Assessment Technical Repor...
4/17/2012continues to hit high-grade copper-silver mineralization at ...
2/21/2012(Ghanzi)Infill drilling at the Northeast Fold confirms new geologica...
6/13/2011(Ghanzi)Comments on Share Price - Drilling Continues
5/26/2011(Ghanzi)Provides Update on Banana Zone
3/14/2011(Ghanzi)Provides Update on Banana Zone Preliminary Economic Assessme...
8/5/2010(Ghanzi)RC Drilling in Banana Zone Intersects 3.40% Cu and 48.0 g/t ...
7/14/2010(Ghanzi)Expands Banana Zone at Ghanzi Copper-Silver Project by 4.2 K...
6/18/2010(Ghanzi)Expands Banana Zone by 7 Kilometres
6/3/2010(Ghanzi)Expands Chalcocite Zone - New Drilling Increases Strike Leng
5/19/2010Files NI 43-101
3/30/2010(Ghanzi)RC drilling in Banana Zone intersects 1.63% Cu and 39.5 g/t ...
3/4/2010(Ghanzi)RC drilling in Banana Zone intersects 1.90% Cu and 17.4 g/t ...
1/5/2010(Ghanzi)New VP Engineering to Support Ghanzi Copper-Silver Project P...
12/8/2009drilling intersects 1.84% Cu and 23.6 g/t Ag over 7 metres i...
10/1/2009(Ghanzi)Announces New President and COO to Drive Ghanzi Copper-Silve...
9/28/2009(Ghanzi)RC drilling intersects 2.53% Cu and 32 g/t Ag over 17 metres...
9/15/2009(Ghanzi)Reports Positive Results From a Preliminary Groundwater Inve...
8/26/2009(Ghanzi)Letter from the CEO-Hana Mining Ltd.
7/15/2009(Ghanzi)Agrees to Purchase 100% of Ghanzi Copper-Silver Project in B...
6/25/2009(Ghanzi)43-101 Technical Report for Ghanzi Copper-Silver Deposit, Bo...
5/28/2009(Ghanzi)New results at Ghanzi Copper-Silver Project in Botswana
Corporate news of Hana Mining Ltd.
2/20/2013Completes Arrangement with Cupric Canyon Capital LP
2/14/2013Receives Approval From Botswana Competition Authority
2/5/2013Intersects 4.03% Cu and 50.7g/t Ag over 14 m Further Increas...
2/4/2013Provides Update on Arrangement with Cupric Canyon Capital
1/7/2013Receives Final Court Order for Arrangement with Cupric Canyo...
12/11/2012Advises Regarding Shareholder Meeting
11/1/2012Discovers New Mineralization Further Increasing the Size of ...
10/26/2012from DML's Neighbour, Hana Mining
10/23/2012Reports Consistent High Grades over Thick Intersections at Z...
10/22/2012New Hana Mining Builds Corporate Advisory Team
9/24/2012Finds Strong Copper-Silver Mineralization from New Drill Pro...
9/18/2012Welcomes Two New Board Members
8/27/2012Reports More Strong Results from Zone 5 including 4.54% CuEq...
8/1/2012Drilling continues to encounter down-dip mineralization and ...
7/24/2012Diamond Drilling Extends Down Dip Extension and Confirms Thi...
7/16/2012announces high-grade copper-silver mineralization from Zone ...
5/23/2012Shares Commence Trading on the Botswana Stock Exchange
5/14/2012(Ghanzi)Announces Positive Preliminary Economic Assessment for the G...
3/28/2012Diamond Drilling Extends the Strike and Down Dip Extension o...
3/27/2012to Cancel the Issuance of Stock Options
3/12/2012Diamond drilling encounters consistent high-grade copper-sil...
2/27/2012Infill drilling continues to encounter consistent high-grade...
1/24/2012Infill drilling encounters some of the best intercepts of co...
1/9/2012Infill drilling encounters consistent high-grade copper-silv...
11/28/2011Infill Drilling Again Encounters Consistent High-Grade Coppe...
10/24/2011(Ghanzi)announces the appointment of a highly experienced Technical ...
10/3/2011announces exceptional silver recoveries from oxide-transitio...
9/20/2011(Ghanzi)announces the appointment of highly experienced and successf...
9/13/2011Infill drilling again encounters consistent high-grade coppe...
8/29/2011Infill drilling continues to encounter consistent high-grade...
8/22/2011Infill drilling encounters high-grade copper-silver minerali...
8/15/2011(Ghanzi)announces the appointment of a highly experienced Project Di...
7/26/2011Infill Drilling Again Encounters Thick Intersections of Copp...
7/11/2011Infill drilling still continues to encounter thick intersect...
6/16/2011Infill drilling continues to encounter thick intersections o...
6/13/2011Comments on Share Price-Drilling Continues
4/19/2011Infill Drilling Extends Copper-Silver Mineralization by 300 ...
7/8/2010Comments on Share Price-Drilling Continues
5/25/2010Revisions to Arrangement for Spin-out of New Hana Copper Min...
4/29/2010Letter to Shareholders
3/19/2010New Advisory Board Member
3/5/2010New Chief Financial Officer
1/22/2010Spin-Out of Kuke Property to New Hana Copper Mining Ltd.
7/13/2009Botswana ranked as most favourable mineral investment climat...
6/1/2009completion of inferred resource estimate - Ghanzi Copper-Sil...
5/30/2009Completes $3.2 Million Placement
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TSX-V (HMG.V)FRANKFURT (4LH.F)
0.810+0.00%0.144+132.26%
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