Hana Mining Ltd.

Hana Mining Ltd.

June 24, 2009 09:00 ET

Hana Mining Announces NI 43-101 Technical Report for Its Ghanzi Copper-Silver Deposit in Botswana Has Been Filed on SEDAR

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 24, 2009) - Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH) (the "Company") is pleased to announce that further to the Company's news release dated June 1, 2009, the independent National Instrument ("NI") 43-101 compliant inferred resource estimate for its Ghanzi Copper-Silver deposit in Botswana has been filed on SEDAR.

The estimate for the global resource is 2.9 billion pounds of copper and 51.5 million ounces of silver from 163.5 million tonnes. The resource is based on a 0.30% Cu cutoff and averages 0.82% Cu and 9.8 g/t Ag. At a cutoff of 0.75% Cu, the resource totals 60.4 million tonnes containing 2.0 billion pounds copper and 34.9 million ounces silver with an average grade of 1.51% Cu and 17.68 g/t Ag. No adjustments have been made for mining recoveries or production yields.

This resource estimate is based largely on a 15 month drilling program that included 98 core holes totaling 15,000 metres and 50 RC holes totaling 6,600 metres. Results of the resource estimate are shown in Table 1, below.


NI 43-101 Inferred Resource Details
at 150 Metre Depth & Various Cut-Off Grades
Copper Silver
Copper Resource -----------------------------------------------------
Cut-Off Tonnes PPM Grade Pounds(i) Grade Ounces(i)
Grade(%) (metric) (%) (g/t)

0.30 163,544,571 8,226 0.82 2,965,865,108 9.81 51,561,367
0.40 107,325,774 10,774 1.08 2,549,128,435 12.65 43,657,362
0.50 82,980,580 12,620 1.26 2,308,736,868 14.86 39,634,579
0.75 60,381,070 15,149 1.51 2,016,533,032 17.98 34,912,312
(i) Note: Metal estimates are in-situ, and are not adjusted for mining
losses or production yields.

About the Ghanzi Copper-Silver Project in Botswana

The Ghanzi Project is located in northwestern Botswana. The property consists of five license blocks covering 2,200 square kilometers and is host to widespread sediment-hosted copper-silver mineralization. The property has been explored intermittently since 1962 by numerous companies when copper prices were low and regional infrastructure was not as advanced. Power is available from the town of Maun (population of 50,000), situated on the northern end of the property; and the paved trans-Kalahari highway, which runs from Namibia to South Africa, passes within 10 km of the north end of the property.

About Hana Mining

Hana Mining is a junior exploration company developing the highly prospective Ghanzi Copper Silver Project in Botswana, Africa. The property consists of five license blocks covering 2,200 square kilometers that contain widespread sediment-hosted copper-silver mineralization. The Company has the right to acquire a 70% controlling interest in the Ghanzi Copper-Silver Project.

Joseph Arengi, M.Sc., P.Geo., Vice President of Exploration for Hana Mining is the qualified person as defined in NI 43-101 and has reviewed the technical information in this press release.

Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Service 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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