Welcome To The Hana Mining HUB On AGORACOM
Edit this title from the Fast Facts Section
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - MONDAY MAY 28TH, 2012

SONOMAX completes $3 million equity financing

Caisse de dépôt et placement du Québec contributes a significant portion of financing

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: NEWS - Hana Mining Adds Percussion Drill Rig to its Copper-Silver Project in Botswana

Agoraa_profile
Rank: [?]
President
Points: [?]
19515
Rating: [?]
Votes: 1 Score: 5.0
  • Currently 5.0/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

NEWS - Hana Mining Adds Percussion Drill Rig to its Copper-Silver Project in Botswana

posted on May 27, 08 06:28AM

VANCOUVER, BRITISH COLUMBIA - (May 27, 2008) - Hana Mining Ltd. (TSX VENTURE:HMG) "We now have three drill rigs operating in three separate areas; two are in Zone 2 and 4 kilometers apart and the third is 95 kilometers northwest in Zone 6. We are intersecting copper mineralization everywhere the prospective horizon has been drilled," states Peter Wilson, President of Hana Mining.

Hana is pleased to report it has added a percussion drill rig to its expanding drill program at its sediment-hosted Ghanzi Copper-Silver Project in Botswana, Africa.

Copper-sulphide mineralization was intersected in the first percussion hole and additional drilling will be carried out to determine the extent of the mineralization along strike and at depth. This area is located 13 kilometers along strike from Zone 1 and 4 kilometers north of current core drilling at Zone 2. Following completion of drilling at this target the percussion rig will move on to another fold structure 10 kilometers southeast of Zone 2. This structure, interpreted from an airborne magnetic survey, has not been explored previously.

The percussion drilling is being carried out by Pula Groundwater Developers (Pty) Ltd. and has begun testing the north limb of the Zone 2 anticline (refer to map here: www.hanamining.com/s/Ghanzi.asp?Repo... ). The drilling is designed to test areas interpreted to lie along the mineralized horizon but with little or no previous exploration.

Ongoing core and RC drilling will continue testing two separate areas. RC drilling is in progress at Zone 6 along a parallel syncline and core drilling continues on the south limb of the anticline at Zone 2. The core rig will also test targets generated by ongoing IP and HLEM geophysical surveys.

The Drilling program is designed to test 220 kilometers of prospective strike length defined by previous drilling, soil geochemistry and an airborne magnetic survey.

Drill sections to date are summarized in a 3D model which can be viewed at http://www.corebox.net/properties/gh... or by following a link on the Company's website.

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-silver mineralization.

The TSX Venture Exchange has not reviewed and does not accept responsibility for adequacy or accuracy of the content of the information contained herein.

CONTACT INFORMATION:

Hana Mining Ltd.
Peter G. Wilson
President, Director
(604) 676-0824
Email: info@hanamining.com
Website: www.hanamining.com

New Message

Please login to post a reply

AGORACOM Quick Tips

Start A New HUB. Control. Quality. Refreshing. ... Start One Now

President's D.D.

New feature: Hub Presidents can add important links here.