Habanero Resources Inc.

Habanero Resources Inc.

September 10, 2009 03:01 ET

Habanero Applies for Approximately 400,000 Additional Contiguous Acres of Land Prospective for Lithium

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2009) - Habanero Resources Inc. ("Habanero") (TSX VENTURE:HAO) (PINK SHEETS:HBNRF) (FRANKFURT:HRJ) wishes to announce that the Government of Alberta has confirmed that its applications, for nineteen contiguous townships (approximately 400,000 acres) prospective for lithium in Alberta, have been received and accepted. According to maps within the Alberta Department of Energy Report by Bachu, Yuan and Brulotte from January 31, 1995, this prospect lies primarily within the South Leduc Formation which has potential for lithium production. According to the Alberta Government, final approval on these applications is expected within 4-6 weeks. This new acreage is contiguous to the previously announced (August 20, 2009) Lithium property. This provides Habanero with one contiguous block of Lithium land, which covers approximately 650,000 acres. Once final acceptance has been received a work program is anticipated to commence on this prospect. To view the new map showing all the old and new acreage please visit www.habaneroresources.com.

Jason Gigliotti, President of Habanero Resources stated, "Adding a contiguous block to our existing acreage more than doubles our exposure to this potential Lithium Bearing region. Not only do we now have this Lithium prospect, but in addition we are also expecting a work program to commence on the Yukon Gold property this month."

Habanero is a diversified junior company with acreage in the Alberta Oilsands, owns land in the Yukon, bordering Underworld Resources and now made applications to become a sizable land holder within the land prospective for lithium in Alberta.

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

  • Habanero Resources Inc.
    Jason Gigliotti
    (604) 646-6900