Habanero Resources Inc.

Habanero Resources Inc.

July 20, 2009 03:01 ET

Habanero Acquires Land Bordering Underworld Resources

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 20, 2009) - Habanero Resources Inc. ("Habanero") (TSX VENTURE:HAO)(PINK SHEETS:HBNRF)(FRANKFURT:HRJ) wishes to announce that it has staked an additional 250 quartz claims bordering Underworld Resources Inc. This new land package is approximately 13,000 contiguous acres bordering Underworld Resources (please refer to www.habaneroresources.com to view the map). These new claims border the recently announced discovery (May 27, 2009) by Underworld Resources that stated significant results returning grades of 3.94 g/t Au over 59.9 and 3.59 g/t Au over 98.3 metres. Including these additional claims, Habanero now has staked 350 claims totaling approximately 18,000 acres. Management is planning to mobilize crews to start a detailed work program on these blocks in the near future.

Jason Gigliotti, President of Habanero Resources stated, "This new block of claims is a significant addition to Habanero's land holdings in the Yukon. We have increased our land position by 250% and this new property is strategically located as it borders the property hosting the recent discovery made by Underworld Resources. Management feels that this area may become a new mining district and believes that having a significant land position may add to potential future growth of the company."

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.

Habanero Resources Inc.

Jason Gigliotti, President

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

Contact Information