Habanero Amends Haldane Agreement
27 Febrero 2013 - 1:01AM
Marketwired Canada
Habanero Resources Inc. ("Habanero" or the "Company") (TSX
VENTURE:HAO)(PINKSHEETS:HBNRF)(FRANKFURT:HRJ) wishes to announce that is has
amended an agreement on the Haldane Silver Prospect, originally announced on
December 3, 2009 and amended on May 18, 2012. Previously, the Company was
required to incur the following in exploration costs:
(a) $150,000 on or before December 22, 2010; (incurred)
(b) a further $350,000 on or before December 22, 2011; (incurred)
(c) a further $1,500,000 on or before December 22, 2013; and
(d) a further $2,000,000 on or before December 22, 2014.
The amended agreement calls for the Company to incur the following in
exploration costs:
(a) $150,000 on or before December 22, 2010; (incurred)
(b) a further $350,000 on or before December 22, 2011; (incurred)
(c) a further $700,000 on or before July 22, 2013;
(d) a further $800,000 on or before July 22, 2014; and
(e) a further $2,000,000 on or before July 22, 2015.
All other terms of the agreement remain unchanged.
Jason Gigliotti, President of Habanero Resources states, "We are pleased to be
able to amend this agreement during these challenging market conditions. We
anticipate being able to re-commence operations on the Haldane Silver Prospect
once the weather permits."
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-Vallee 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 ir@habaneroresources.com requesting to be added.
To view maps of these projects please go to www.habaneroresources.com.
Habanero Resources Inc.
Jason Gigliotti, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Habanero Resources Inc.
Jason Gigliotti
President
604 646 6900
www.habaneroresources.com
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