Hansa Resources Limited

July 22, 2009 08:45 ET

Hansa Completes Core Drilling Program at Storkullen Zinc-Gold Project, Sweden

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 22, 2009) - Hansa Resources Ltd. ("Hansa") (TSX VENTURE:HRL)(FRANKFURT:3F2) - Mr. Damien Reynolds, President, announces the completion of a core drilling program at the Storkullen zinc-gold project in central Sweden. Drilling was designed to test two strike extensive zones of low resistivity/high chargeability mapped by the 2008 induced polarization (IP) survey (see press release dated July 22, 2008) and to drill beneath an outcrop of zinc-gold rich massive sulphide discovered by Swedish prospectors, Harriet Svensson and Siv Wiik during 2007.

The drilling program comprised four diamond drill holes for a total of 495m. Two holes (STO09-001, STO09-002) were drilled beneath the zinc-gold rich massive sulphide outcrop, while the two remaining holes (STO09-003, STO09-004) tested the prospective horizon along strike from the massive sulphide outcrop to the NNW at distances of 100m and 450m.

STO09-001 intersected high grade massive sulphide mineralization grading greater than 30% zinc, 18 g/t silver and 0.07 g/t gold over 0.45m approximately 35m down-dip from the surface mineralization. STO09-002 tested a further 15m below STO09-001 which returned 0.23m grading 25.8% zinc, 35 g/t silver and 0.8 g/t gold. Mineralization is hosted within a sequence of migmatite, gneiss and biotite schist.

STO09-003 did not intersect massive sulphide mineralization. STO09-004 tested an IP anomaly located about 450m NNW of the massive sulphide outcrop and intersected a sequence of migmatite and gneiss without the presence of massive sulphide. A number of samples were taken from the many pyritic units intersected in all four holes and were assayed for gold. No significant gold values were reported.

Mr. Reynolds states, "Drilling results indicate that the 2.5m wide massive sulphide found in outcrop thins at depth and along strike to the north. The low resistivity/high chargeability features located by the geophysical survey were intersected in all four holes, but were not related to the massive sulphide mineralization found in outcrop. Data from the drilling program is now being interpreted which will allow the Company to determine the future direction at Storkullen."

The qualified person as defined by National Instrument 43-101 is David Henstridge, a Fellow of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr. Henstridge has reviewed and verified the contents of this press release.


Hansa Resources Limited is a TSX-V and Frankfurt, listed Canadian mineral exploration company engaged in the acquisition, exploration and development of base and precious metal properties in Scandinavia. The Company has spread exploration risk by holding both resource stage gold projects in traditional mining camps, and being a "first mover" in testing massive sulphide mineralization discovered in under explored areas. During 2009, Hansa will focus on drill testing and development of the Storkullen (Zn-Au), Vargbacken (Au), Middagsberget (Au) and Puolaki (Au) projects.

On behalf of the Board,

Damien Reynolds, President

Forward Looking Statements. This news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

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

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