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GHANZI

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GHANZI
Classification: Active/Verified
Status: Exploration
Type of Work: Surface
Location:
Botswana
Nearest Landmark: MAUN
Distance from Landmark: 160 km
Direction from Landmark: SW
Latitude: 20 Degrees 58 Minutes (South)
Longitude: 23 Degrees 7 Minutes (East)
 


Property News

November 11, 2009
Hana Mining announced completion of 7 new RC drill holes at its Ghanzi sediment-host copper-silver project in Botswana. Results extend total mineralization by 1000 metres along strike for a new section in the Banana Zone (6% total zone increase), specifically the northeastern section of the South Limb. Hole HA-69-% returned 2.07% Cu and 30.7 g/t Ag over 9 m (including 2.98% Cu plus 48.1 g/t Ag over 5 m) in South Limb of Banana Zone.
October 21, 2009
Hana Mining Ltd. announce completion of 8 new RC drill holes at it’s sediment-hosted Ghanzi Copper-Silver Project in Botswana. Four of the seven reported drill holes extend the mineralized strike length in the “New Discovery” section of the Banana Zone by 600 metres, now totaling 1.6 km, further extending the Banana Zone total to 15.8 km. Higher grade mineralized zones with mineable thicknesses were evident in three of the seven holes, continuing to support the opportunity of a starter pit in this section. Hana has now identified 500 metres of mineralized strike length showing +2% copper intercepts in this section of the Banana Zone. The best result was from RC drill hole HA-58-R which returned 14m @ 2.72% copper and 64.8 g/t silver from 126 m depth.
September 25, 2009
Hana Mining Ltd. report drill results for 4 new RC drill holes at it’s sediment-hosted Ghanzi Copper-Silver Project in Botswana. These most recent drill results confirm mineralization along the western section of the North Limb of the Banana Zone-an area referred to as ‘New Discovery’. This RC drill hole data assayed at significantly improved grade over the percussion hole assays (RC locations twinned existing percussion holes) that were included in the current 43-101 resource estimate (see press release dated June 1, 2009). Two of the four holes produced significant high grade sections, with 5-17 metre core sections showing Cu grades of 1.36% to 2.53% and Ag grades of 5.1 g/t to 32 g/t. One section also showed a 4 metre intercept grading 4.49% Cu and 42.5 g/t Ag. The assay results on these latest holes are consistent with regard to average resource mineralization thickness, and show mineralization at open pit depth. Assays indicate bornite is the dominant copper mineral, with minor chalcocite.

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