Habanero Completes First Phase of Operations on Quebec Gold Prospect
02 11월 2011 - 9:57PM
Marketwired Canada
Habanero Resources Inc. ("Habanero" or the "Company") (TSX VENTURE:HAO) (PINK
SHEETS:HBNRF) (FRANKFURT:HRJ) wishes to announce to announce that it has been
informed by Apex Geoscience Ltd. that, "Exploration crews have completed a
preliminary geologic reconnaissance of the Lezai Gold Prospect in Quebec. A
total of five priority areas were targeted within claims based on geologic
compilation work indicating favourable geology and gold potential. Crews
recently submitted a total of 100 rock grab samples comprising both outcrop and
glacially transported boulders to ALS Minerals Val d'Or Laboratory for gold fire
assay and multi-element ICP-MS analysis. Mineralization consisting of
silicification and quartz of veining mafic volcanic rock containing pyrite and
lesser chalcopyrite was noted at two of the five sites examined."
The Lezai Gold Prospect comprises of approximately 55,100 contiguous acres,
which are located approximately 125 kilometres northwest of Chibougamau, Quebec.
Jason Gigliotti, President of Habanero stated, "We are pleased have completed
the first phase of operations on the Lezai Gold Prospect in Quebec. We were able
to take samples from the 5 highest priority areas on the sizable prospect and
eagerly await the results in order to move forward with an anticipated drill
program. Not only are we waiting for these results, but we are also waiting for
our silver assays from the Keno Hill Drill Program at Haldane in the Yukon."
HAO also recently (October 7, 2011) acquired the "Grande-Vallee North" Aluminous
Clay prospect consisting of 5,574 contiguous acres in Quebec. 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."
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.
Work on the Lezai Gold Prospect is 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 Lezai Gold Prospect.
To view maps of these projects please go to http://www.habaneroresources.com.
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