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Hana Mining Intercepts Additional High Grade Copper-Silver At Banana Zone

Investing News Network
Aug. 13, 2012 04:36PM PST
Silver Investing

Hana Mining Ltd. (TSXV:HMG) reported additional positive assay results the copper-silver infill diamond drill project in the Banana Zone in Botswana.

Hana Mining Ltd. (TSXV:HMG) reported additional positive assay results the copper-silver infill diamond drill project in the Banana Zone in Botswana.

As quoted in the press release:

Highlights of drilling results:

  • These results continue to confirm the continuity of copper-silver mineralization at the South Limb Definition area of the Banana Zone.
  • Core lengths intercepts of
    • 1.99% CuEq(1) (1.69% Cu and 20.0 g/t Ag) over 4.4 metres within a wider mineralized interval of 1.62% CuEq(1) (1.39% Cu and 16.0 g/t Ag) over 5.58 metres in hole HA-464-D,
    • 1.35% CuEq(1) (1.12% Cu and 16.0 g/t Ag) over 5.77 metres within a wider mineralized interval of 0.83% CuEq(1) (0.69% Cu and 9.0 g/t Ag) over 11.40 metres in hole HA-475-D,
    • 1.45% CuEq(1) (1.26% Cu and 13.0 g/t Ag) over 2.47 metres within a wider mineralized interval of 0.47% CuEq(1) (0.41% Cu and 4.0 g/t Ag) over 12.51 metres in hole HA-477-D,

Hana Mining’s CEO and Chairman, Marek Kreczmer, commented:

Our mining engineers are evaluating the underground potential at Ghanzi and focusing on not previously reported holes which can potentially add to the value of the Ghanzi Project. Some of these reported holes have intersected mineralization at a vertical depth of greater than 200 metres including true widths of 5 metres. Current pits were originally designed to the depths of 150 metres. Drilling along the South Limb Definition area shows consistent high-grade copper-silver mineralization at depth. I continue to believe that the South Limb area could contribute significantly to our overall resource base at the Banana Zone.

Click here to read the full press release. 


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