Habanero Starts Work Program in Quebec
25 Octubre 2011 - 2:01AM
Marketwired Canada
Habanero Resources Inc. ("Habanero" or the "Company") (TSX VENTURE:HAO) (PINK
SHEETS:HBNRF) (FRANKFURT:HRJ) wishes to announce that it has started operations
in Quebec. At this time a field crew is on the Lezai Gold Prospect. Five
locations have been targeted as the priority areas to investigate.
HAO recently (October 7, 2011) acquired the "Grande-Vallee North" Aluminous Clay
prospect consisting of 5,574 contiguous acres. This prospect directly borders to
the north Orbite Aluminae Inc. (ORT-TSX) 6,441-hectare Grande-Vallee property,
the site of an aluminous clay deposit located 32 km northeast of Murdochville,
Quebec. According to Orbite's website "A NI 43-101 compliant technical report on
the disclosure of information relating to mineral projects in Canada indicates
that the clay deposit at the Grande-Vallee property contains, conservatively
estimating a density of 2 tonnes per cubic metre, 800 million to 1 billion
tonnes of "indicated mineral resources" in the first 100 metres depth of the
Marin sector alone. The property is strategically located near several deepwater
ports and across the St. Lawrence River from the province's major aluminum
smelters."
President Jason Gigliotti stated, "We are pleased to be underway on the first of
our two Quebec Prospects. Not only are we now underway on the Lezai Gold
Prospect but we anticipate commencing operations on the Grande-Vallee North
Aluminous Clay Prospect shortly as well. We are also awaiting the drill results
from the Haldane Silver Prospect in the Yukon."
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; a sizable land
holder within land prospective for lithium in Alberta; significant acreage in
Quebec bordering Beaufield Resources Inc.; holdings in the Alberta Oilsands: and
now the Grande-Vallee North aluminous clay prospect near Murdochville Quebec,
bordering Orbite Aluminae Inc. deposit.
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.
To view maps of these projects please go to http://www.habaneroresources.com.
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