Habanero Resources Inc.

Habanero Resources Inc.

November 09, 2009 03:01 ET

Habanero Acquires 22,368 Contiguous Acres in Stewart Gold District

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 9, 2009) - Habanero Resources Inc. ("Habanero") (TSX VENTURE:HAO)(PINK SHEETS:HBNRF)(FRANKFURT:HRJ) wishes to announce that it has acquired 9,052 contiguous hectares (22,368 acres) in the Stewart Gold Camp of British Columbia, bordering Canasia Industries Corporation's ("Canasia") Clone Gold Property that announced drill results of 12.8m of 44.7g/t gold on October 22, 2009.

Recently, there has been a staking rush in the Stewart region of British Columbia due to Canasia's and Decade Resources Ltd.'s ("Decade") recent discoveries. Management is pleased to acquire a sizable contiguous block bordering Canasia's Clone Prospect. This region has historically been a location of significant discoveries such as Eskay Creek, the Silbak Premier, the Big Missouri, the Silver Coin, the Sulphurets and the Red Mountain deposits.

Jason Gigliotti, President of Habanero stated, "We are pleased to be able to acquire a significant sized block bordering Canasia's Clone Property. Recently, Canasia announced gold values of 12.8m of 44.7g/t. We look forward to commencing operations on this new prospect in the future."

Habanero is a diversified junior company with the following prospects: acreage in the Alberta Oilsands; land in the Yukon, bordering Underworld; applications made to become a sizable land holder within the land prospective for lithium in Alberta; two prospects in the Stewart Mining Region of BC, one bordering Canasia's Clone Prospect and the other in the vicinity of the recent discovery made by Decade; and land in the Barkerville Gold Camp of BC bordering International Wayside Gold Mines Ltd.

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

Contact Information

  • Habanero Resources Inc.
    Jason Gigliotti
    604 646 6900