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Intersects 26 Meters Grading 1.63% Cu and 10.8 g/t Ag

posted on May 27, 2009 07:20AM

May 27, 2009

Hana Mining Intersects 26 Meters Grading 1.63% Cu and 10.8 g/t Ag Including 9 Meters Grading 2.68% Cu and 19.9 g/t Ag at Zone 5-Ghanzi Copper-Silver Project, Botswana

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 27, 2009) - Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH) (the "Company") is pleased to report new results for 2 new diamond drill holes at its sediment-hosted Ghanzi Copper-Silver Project in Botswana. "The prospective horizon is open along strike to the northeast and down dip. Our drilling at Zone 5 occurred along a 2,000 meter strike length on the north limb of a syncline and is well mineralized. The aeromagnetic signature that characterizes the target horizon extends at least an additional 40 kilometers to the northeast. The south limb of the syncline is untested. As well, the prospective horizon has been repeated by folding several times resulting in more than 600 kilometers of cumulative strike length. All of this adds to the considerable upside potential at the project" states Peter Wilson, President of Hana Mining.

The two new holes, HA-96-D and HA-97-D, are 600 meters apart on Zone 5. Hole HA-97-D returned a wide intercept of 26.0 meters grading 1.63% Cu and 10.8 g/t Ag. Included in this interval was a higher grade section of 9.0 meters grading 2.68% Cu and 19.9 g/t Ag. Highlights of results for the new holes are as follows:

----------------------------------------------------------------
           Hole                  Core
Zone     Number   From    To   Length         Cu             Ag
                    (m)   (m)      (m)        (%)          (g/t)
----------------------------------------------------------------
5       HA-97-D    109   135       26       1.63           10.8
----------------------------------------------------------------
                   112   114        2       1.04  less than 2.0
----------------------------------------------------------------
                   115   117        2       1.79  less than 2.0
----------------------------------------------------------------
                   118   127        9       2.68           19.9
----------------------------------------------------------------
                   130   132        2       2.06           20.4
----------------------------------------------------------------
5       HA-96-D    154   165       11       1.25            7.3
----------------------------------------------------------------
                   155   159        4       1.77            6.3
----------------------------------------------------------------
                   160   161        1       2.22           19.3
----------------------------------------------------------------
                   163   165        2       1.12           10.0
----------------------------------------------------------------

"The results from these two diamond drill holes are significant on several levels. They confirm mineralization obtained from the reverse circulation drilling and, by inference, confirm continuity along strike and they extend mineralization at least 160 meters down dip. As well, and perhaps more importantly, they confirm the presence of a "high grade" core that opens the door to potential underground mining" states Joe Arengi, Vice President of Exploration for Hana Mining.

The two holes substantiate results from previous reverse circulation (RC) drilling in this area reported in press releases dated October 15, 2008 and January 19, 2009. The holes were designed to test down dip continuity of mineralization obtained from the RC drilling. Hole HA-96-D returned 11.0 meters grading 1.25% Cu and 7.3 g/t Ag including 4.0 meters grading 1.77% Cu and 6.3 g/t Ag. The mineralized section is 100 meters down dip from RC hole HA-29-R that returned 18.0 meters grading 2.29% Cu and 15.3 g/t Ag. Hole HA-97-D was collared 600 meters along strike to the northeast and returned 26.0 meters grading 1.63% Cu and 10.8 g/t Ag including a high grade interval of 9.0 meters grading 2.68% Cu and 19.9 g/t Ag. Several other narrow, high grade intercepts were obtained within the wide mineralized zone. The mineralized section in this hole is 50 meters down dip from RC hole HA-25-R that returned 30 meters grading 2.06% Cu and 16.9 g/t Ag, the widest intercept encountered to date. This intercept included a 9.0 meter section that graded 3.36% Cu and 25.3 g/t Ag. The higher grade sections in holes HA-97-D and HA-25-R suggest an enriched core in this area of Zone 5.

Selected intercepts from the previous press releases:

----------------------------------------------------------------
                                 Core
           Hole   From    To   Length         Cu            Ag
Zone     Number     (m)   (m)      (m)        (%)         (g/t)
----------------------------------------------------------------
5       HA-25-R     60    90       30       2.06          16.9
----------------------------------------------------------------
      including     63    72        9       3.36          25.3
----------------------------------------------------------------
5       HA-29-R     54    72       18       2.29          15.3
----------------------------------------------------------------
      including     60    69        9       3.74          29.7
----------------------------------------------------------------

All intercepts reported are intersection length and are estimated to be 80% or more of true width.

To view the first map associated with this release, click the following link: http://media3.marketwire.com/docs/hm... .

To view the second map associated with this release, click the following link: http://media3.marketwire.com/docs/hm... .

To view the third map associated with this release, click the following link: http://media3.marketwire.com/docs/hm... .

To view the fourth map associated with this release, click the following link: http://media3.marketwire.com/docs/hm... .

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 Scientific Services Laboratory in Cape Town, South Africa. Standards and blanks are inserted into the sample stream.

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