Habanero Resources Inc.

Habanero Resources Inc.

September 12, 2012 03:01 ET

Habanero Commences 2012 Work Program on 'White Gold' Prospect in the Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2012) - Habanero Resources Inc. ("Habanero" or the "Company") (TSX VENTURE:HAO)(PINKSHEETS:HBNRF)(FRANKFURT:HRJ) wishes to announce that it has commenced operations on its 100% owned 'White Gold' Prospect in the Yukon. This work program will follow up on the last few years work programs, which uncovered a 2.5 by 1 km multi-element soil anomaly (November 7, 2011). The 'White Gold' Prospect is in the Yukon, bordering Kinross' Golden Saddle discovery.

Recently, Habanero announced that phase one which consisted of geologic mapping and soil sampling within the Grand-Vallée North Prospect had been completed (August 24, 2012). Exploration crews collected 1,658 soil samples at 50 m intervals along 400 m spaced gridlines within the southern part of Habanero's claims adjacent to the Orbite Aluminae Inc.'s Grand-Vallée property, and 800 m spaced reconnaissance gridlines with the northern claims. The survey results defined numerous multi-sample and multi-line aluminum in soil anomalies. A diamond drill program to test high-priority targets is expected to commence shortly.

Jason Gigliotti, President of Habanero stated, "We are pleased to be underway on the Yukon prospect as well as being underway on our Grand Vallee prospect in Quebec. Habanero now has multiple projects being worked on simultaneously. We anticipate to be drilling the Quebec prospect in September."

Work on the Grand-Vallée North 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 Grand-Vallée North Prospect. To ensure accuracy of the results obtained, the portable XRF instrument has been calibrated using powder pulps from the 2011 samples analyzed by whole rock XRF at ALS Minerals, North Vancouver, BC. As part of a standard quality assurance/quality control program, duplicate XRF analyses are performed on all samples, and 5% of all samples are collected as field duplicates. All samples returning anomalous aluminum values by portable XRF will be confirmed by whole rock XRF at ALS Minerals.

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; the Lezai Multi-Element Prospect located approximately 100 km north of Chibougamau Quebec; and the Grande-Vallée North Aluminous Clay Prospect consisting of approximately 7,400 hectares (18,285 acres) near Murdochville Quebec, bordering Orbite Aluminae Inc.'s deposit.

If you would like to be added to Habanero's email updates list, please send an email to info@habaneroresources.com requesting to be added.

To view maps of these projects please go to http://www.habaneroresources.com.

Habanero Resources Inc.

Jason Gigliotti, President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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