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Message: More Exceptional Results for Hana From Zone 5 at Ghanzi, Botswana
| January 19, 2009 | |
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More Exceptional Results for Hana From Zone 5 at Ghanzi, Botswana
Zone extended 800 meters along strike |
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 19, 2009) - Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH) is pleased to report the results of new copper-silver mineralization at its sediment-hosted Ghanzi Copper-Silver Project in Botswana. Nine reverse circulation holes, HA - 26 - R to HA - 34 - R, were drilled on the north limb of a syncline at Zone 5 and along strike of mineralization intersected in seven RC holes announced in a press release dated October 15, 2008. Five of the new holes, HA - 26 - R to HA - 30 - R, were drilled along an 800 meter strike length to the southwest and three holes, HA - 32 - R to HA - 34 - R, were drilled along a 600 meter strike length to the northeast. Seven of the holes intersected copper-silver mineralization and have extended the mineralization at the new discovery in Zone 5 to 2000 metres.Details of the results for the twelve new holes are as follows:
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From To Length CuT Ag
Hole Number m m m % g/t
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HA - 26 - R 66 87 21 1.48 17.9
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including 69 87 18 1.67 20.8
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HA - 27 - R 93 111 18 1.32 14.2
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including 96 105 9 1.83 20.8
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HA - 28 - R 75 99 24 0.96 less than 2.0
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including 78 93 15 1.22 less than 2.0
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HA - 29 - R 54 72 18 2.29 15.3
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including 60 69 9 3.74 29.7
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HA - 30 - R 81 99 18 0.98 4.7
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including 84 87 3 1.31 less than 2.0
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and 93 96 3 1.49 11
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HA - 31 - R 114 126 12 0.69 less than 2.0
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including 120 123 3 1.52 5.2
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HA - 32 - R low grade
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HA - 33 - R 126 129 3 0.44 4.2
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HA - 34 - R low grade
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Details of the results for the previous seven holes are as follows:
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From To Length Cu Ag
Hole Number m m m % g/t
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HA - 17 - R 69 81 12 1.81 13.4
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including 69 78 9 2.23 17.5
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HA - 18 - R 120 135 15 1.71 26.14
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including 120 132 12 1.99 32.4
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HA - 19 - R 96 111 15 2.03 20.3
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including 99 108 9 2.73 28.9
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HA - 21 - R 69 72 3 1.18 less than 2.0
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HA - 22 - R 54 72 18 0.64 less than 2.0
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including 69 72 3 1.2 less than 2.0
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HA - 24 - R 42 60 18 1.55 4.25
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including 45 54 9 2.38 4.47
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HA - 25 - R 60 90 30 2.06 16.9
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including 63 72 9 3.36 25.3
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Mineralization included Cu-oxides and native copper along with chalcopyrite and bornite. Highlights include holes HA - 26 and 27 - R collared on the same section that returned 1.48 %Cu and 17.9 g/t Ag over a 21.0 meters and 1.32 %Cu and 14.2 g/t Ag over 18.0 meters. These intercepts are at vertical depths of 60 and 85 meters, respectively. These intercepts are 200 meters southwest along strike from previously reported hole HA - 25 - R that returned the widest intercept encountered on the property so far; 2.06 %Cu and 16.9 g/t Ag over 30 meters at a vertical depth of 65 meters. Hole HA - 28 - R, collared 200 meters southwest of HA - 26 and 27 - R, returned 1.22 %Cu over 15.0 meters. Hole HA - 29 - R collared 400 meters southwest of HA - 26 and 27 - R returned 2.29 %Cu and 15.3 g/t Ag over 18.0 meters and included a higher grade section of 3.74 %Cu and 29.7 g/t Ag over 9.0 meters. Hole HA - 31 - R was drilled up section from weakly mineralized hole HA - 20 - R and intersected 1.52 %Cu and 5.2 g/t Ag over 3.0 meters within a wider intercept of 0.69 %Cu and 2.0 g/t Ag over 12.0 meters. The 3 holes drilled along a 600 meter strike length to the northeast returned low grades. Two diamond drill holes have been completed to characterize geology and mineralization as well as provide samples for metallurgical testing. In total, 2.6 kilometers of strike length have been tested at Zone 5 with RC drilling. This area is 60 kilometers north of Zones 1 and 2 where much of the initial exploration on the property was carried out. For details on current drilling activities refer to attached maps and links http://www.hanamining.com/s/Ghanzi.a... ). Quality Assurance/Quality Control Hana has implemented an industry-standard QA/QC program. A 35-40 kilogram sample is collected from the cyclone discharge at 1 meter intervals. The sample is then split 75/25; 75% of the sample is archived and the other 25% provides material for analysis. Three meter composite samples from 3 successive intervals are collected from the split of each 1 meter interval. The composited sample is submitted for analysis and the 75%-split is reserved for more detailed 1 meter follow-up sampling and analysis of mineralized intervals. All samples are double bagged, sealed and transported in secured wooden crates and shipped to Scientific Services Laboratory in Cape Town, South Africa. Standards, blanks and duplicates are inserted into the sample stream for diamond drill and RC samples. 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. Joseph Arengi, M. Sc., P. Geo., Vice President of Exploration for Hana Mining is the qualified person as defined in NI 43-101. To view the maps accompanying this release please click on the following links: Figure 1: http://media3.marketwire.com/docs/fi... Zone 5 - Drill plan: http://media3.marketwire.com/docs/zo... |
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