VANCOUVER, BRITISH COLUMBIA -(Nov. 15, 2007) - Hana Mining Ltd. (TSX VENTURE: HMG) is pleased to announce results from the first three holes of an ongoing 10,000-met
er diamond drilling program at its sediment-h
osted Ghanzi Copper-Sil
ver Project in Botswana, Africa. Results confirm the presence of significan
t copper and silver mineraliza
tion on the property.
"The results from these initial three holes are very encouragin
g," said Peter Wilson, President of Hana Mining. "We are particular
ly excited that early indication
s show the silver mineraliza
tion at Ghanzi may be of a higher grade and more consistent than reported from previous drilling conducted on the property.&
quot;
The three holes were collared in the H-I grid area of the property, where historical records show 27 RC and 11 diamond drill holes were completed along a 1.5 -kilometer
-long mineralize
d zone. Results highlights are included in the following table:
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Non-
From To Intercept Total sulphide Ag
Hole No. (m) (m) (m) Cu (%) Cu (%) (g/t)
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510/697 139.00 146.00 7.00 1.06 0.01 15.34
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150.00 153.00 3.00 1.56 0.05 35.71
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513/698 123.25 137.00 13.75 1.00 0.03 20.70
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including 123.25 126.00 2.75 2.33 0.04 36.00
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and 134.00 137.00 3.00 1.61 0.05 39.17
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520/699 87.00 94.00 7.00 1.06 0.31 31.71
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including 87.00 90.00 3.00 1.75 0.51 44.53
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The current drill program is designed to infill coverage of the H-I grid and test the strike extension to the southwest. As well, strike and dip continuity at several promising outlying targets will be tested. There are 140 kilometers of cumulative strike length within the project area with a number of mineralized areas identified in past drilling on the property by Anglo American.
A total of 15 holes have been drilled to date in this ongoing program. Results from the 12 additional holes are pending and will be reported as they are received and compiled.
Quality Assurance/Quality Control
Hana has implemented an industry standard QA/QC program. Drill core is logged, split by sawing and sampled at site. Samples are bagged, labeled, sealed and packed in sealed containers and shipped to ALS Chemex laboratories in Johannesburg, South Africa.
Standards and blanks are inserted into the sample stream. The entire sample is crushed to better than 70% at -2mm, and 250 grams is split off to better than 85% passing 75 microns. Samples are analyzed for 48 elements by HF-HNO3-HClO4 acid digestion and HCl leach followed by ICP-AES and ICP-MS analysis. Overlimits are analyzed by four acid digestion. Non-sulphide copper is determined by sulfuric acid leach and atomic absorption spectrometry (AAS). Au is determined either by fire assay and AAS finish or along with Pt, Pd and Au by fire assay and ICP-AES finish using a 30 g sample.
Analysis of total copper and non-sulphide copper will better determine the extent of the oxide, transition and sulphide mineralization at the H-I area and will assist in the economic evaluation of the zone.
Drilling is being carried out by Major Drilling (Botswana) (Pty) Ltd. using a Longyear 44 drill rig.
Investors are invited to visit the Hana Mining IR Hub at www.agoracom.com/IR/HanaMining where they can post questions and receive answers or review existing questions and answers. Investors may also email questions or request to be added to the investor email list at HMG@agoracom.com.
About Hana Mining
Hana Mining is a junior exploration company seeking to acquire, explore and develop highly prospective precious, base metal and other mineral projects worldwide with emphasis in southern Africa. The Company has the right to acquire a 70% controlling interest in the Ghanzi Copper-Silver Project. The property consists of five license blocks covering 4,370 square kilometers that contain widespread sediment-hosted copper mineralization.
Joseph Arengi, M. Sc., P. Geo., Vice President of Exploration for Hana Mining is the qualified person as defined in NI 43-101.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION:
AGORACOM Investor Relations
Investor Relations
Email: HMG@agoracom.com
Website: www.agoracom.com/IR/HanaMining
or
Hana Mining Ltd.
Peter G. Wilson
President
(604) 676-0824
Email: info@hanamining.com
Website: www.hanamining.com
