Clarification: Habanero Acquires 5,400 Acres Bordering Beaufield Resources Tortigny Prospect
HABANERO RESOURCES INC.
(“Habanero”)
1470-701 West Georgia Street Vancouver, BC Canada V7Y 1C6 October 1, 2010
Trading Symbol:
HAO: TSX Venture Exchange
Clarification: Habanero Acquires 5,400 Acres Bordering Beaufield Resources Tortigny Prospect
Habanero Resources Inc. ("Habanero") (TSX VENTURE: HAO.V) wishes to announce that it has acquired approximately 5,400 contiguous acres bordering Beaufield Resources Inc.’s (“Beaufield”)(BFD—TSX.V) Tortigny Prospect, approximately 125 kilometres northwest of Chibougamou, Quebec. This property was staked through the government of Quebec mining site (Gestim). Yesterday, Beaufield announced in a press release (September 30, 2010) that they intersected 4.20% zinc, 2.72% copper, 0.19% lead, 500.93 g/t cobalt, 72.02 g/t silver and 0.53 g/t gold over 322.15 metres. (As indicated, the hole was drilled parallel to the hinge of the fold of the Tortigny deposit. The earlier release dated September 21, 2010 states: "The deposit forms a "V" shape fold and reference to this hinge relates to the base portion of the "V" shape. For this reason, the intersection represents a portion of the length of the deposit rather the width or thickness. Hole 10-19 was drilled to determine mineral continuity between holes and to provide material for metallurgical testing.)
Jason Gigliotti, President of Habanero Resources stated, “This is an encouraging drill hole that Beaufield has just produced in a quality mining region of the world. We are pleased to have been able to secure a sizable land package contiguous to this discovery property. Not only do we have this new exciting prospect in Quebec, but we are active on our Yukon property that is in a very strategic location as well.”
Habanero is a diversified junior company with the following prospects: acreage in the Alberta Oilsands; land in the Yukon, bordering Underworld; the Haldane Silver Prospect in the Yukon; a sizable land holder within the land prospective for lithium in Alberta; two prospects in the Stewart Mining Region of BC, one bordering Canasia Industries Corporation's Clone Prospect and the other in the vicinity of the discovery made by Decade Resources Ltd.; land in the Barkerville Gold Camp of BC bordering Barkerville Gold Mines Ltd., property in the Red Chris Mining Region of BC near Imperial Metals Corp and now a prospect in Quebec bordering Beaufield Resources.
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To view maps of these projects please go to http://www.habaneroresources.com.
Habanero Resources Inc.
Tel: 604 646 6900
“Jason Gigliotti”
Jason Gigliotti, President
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.