Habanero Diamond Drilling Intersects 20.0% Al2O3 at

Habanero Diamond Drilling Intersects 20.0% Al2O3 at Grand-Vallee
North Aluminous Clay Prospect, Gaspe, Quebec 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/11/13 -- Habanero
Resources Inc. ("Habanero") (TSX
The Company is pleased to announce results from the 2012 diamond
drill program on its Grand-Vallee North Aluminous Clay Prospect (the
"Property"), Gaspe, Quebec. During November 2012, Habanero completed
nine (9) inclined diamond drill holes totalling 801 metres that
tested priority aluminum in soil geochemical anomalies defined by
Habanero's summer-fall 2012 exploration programs. 
Drill hole 12GVDH001 intersected a near surface zone of Al2O3
(Aluminum-Oxide) at a depth of 11 metres that returned values of
18.0% Al2O3 over 12 metres (Table 1). Drill hole 12GVDH004, a 50
metre south step-back, intersected the same zone and returned 17.4%
Al2O3 over 42 metres. Based on the results of drilling, a 60 metre
wide (apparent width), east-northeast oriented zone of Al2O3
mineralization lies beneath 13 metres of lower grade mudstone.
Outcrop bedding measurements suggest the zone dips moderately to the
south, which is supported by the distribution of Al2O3 values within
the drill holes. The zone is open along strike to the east and west,
and to the north where it is interpreted to reach surface.  
Table 1: Grand-Vallee North Selected Diamond Drill Results 

                                  From        To      Interval              
Target    Drill Hole ID            (m)       (m)           (m)     Al2O3 (%)
          12GVDH001                 11        55         44.00          15.9
#1        including                 43        55         12.00          18.0
          12GVDH004                 15        57         42.00          17.4
#2        12GVDH005                 36        78         42.00          17.0
          and                       90        99          9.00          18.4
          including                 90        94          4.00          19.9
          12GVDH006                 25        73         48.00          16.8
          including                 25        37         12.00          18.1
          12GVDH007                 26        78         52.00          15.7
#3        12GVDH008                 68       111         43.00          15.2
          including                 72        88         16.00          17.9

Drill holes 12GVDH005 and 12GVDH006 tested a 40 metre zone of red
claystone outcrop exposed within a creek bed (Target #2). Drill hole
12GVDH005 intersected a 42 metre wide zone returning 17.0% Al2O3,
from a depth of 36 metres; and a second zone at a depth of 90 metres
returning 18.4% Al2O3 over 9 metres. The drill hole terminated
directly in highest mineralization of the drill program. Drill hole
12GVDH006 tested the same zone 30 metres to the east along its
inferred trend and returned values of 16.8% Al2O3 over 48 metres;
including 18.1% Al2O3 over 12 metres. Drilling of Target #2 indicates
that in addition to broad zone of near surface mineralization such as
those encountered at Target #1, aluminous claystone exposures at the
Grand-Vallee North Prospect are persistent in the subsurface along
strike and that multiple parallel zones may be present. 
Drill holes 12GVDH007 and 12GVDH008 were spaced 1 kilometre apart and
selectively tested an east-northeast trending aluminum in soil
geochemical anomaly (Target #3). At a depth of 26 metres, drill hole
12GVDH007 intersected a broad zone of mineralization that returned
15.7% Al2O3 over 52 metres. Drill hole 12GVDH008 returned values of
15.2% Al2O3 over 43 metres; including 16 metres at 17.9% Al2O3 and
values of up to 18.9% Al2O3 over 4 metres. The hole again terminated
in mineralization that graded near the highest levels of the hole, at
a depth of 111 metres. The orientation of this mineralized zone is
not known and additional drilling is warranted to determine the
potential for near surface mineralization along section. 
The 2012 Grand-Vallee North diamond drill program resulted in the
discovery of three new zones of Al2O3 mineralization within the
Property. The three zones are open in both directions along their
inferred east-northeast trend. Importantly, diamond drilling has
established a high correlation between aluminum in soil geochemical
anomalies and drilled intersected mineralization. Numerous soil
geochemical anomalies are present within the Grand-Vallee North
claims and in light of 2012 diamond drill results additional infill
soil sampling, ground geophysical surveys, and further diamond drill
testing is warranted. 
Jason Gigliotti, President of Habanero Resources states, "We are
pleased with the initial results achieved on this prospect.
Considering two of the first targets terminated at the higher levels
of the holes, we clearly need to follow up to deepen those targets as
well as follow up on the remainder of the priority targets within
this large prospect. Management is currently formulating a plan for
the next phase of operations and anticipates mobilizing the next
phase shortly." 
Work on the Grand-Vallee North Prospect is supervised by Kristopher
J. Raffle, P.Geo. (BC) Senior Geologist for APEX Geoscience Ltd. of
Edmonton, AB, who is the qualified person for the project as defined
by National Instrument 43-101. Mr. Raffle has provided and reviewed
all of the technical content of this news release as it relates to
the Gaspe Bay Aluminous Clay/Rare Earth Prospect. Drill core from the
2012 diamond drill program was split using a mechanical core
splitter. A total of 361 split drill core samples were submitted for
X-Ray Fluorescence (XRF) analysis to ALS Minerals, North Vancouver,
BC for analysis. A quality assurance/quality control (QA/QC) program
is in place, with the insertion of standard and blank samples into
the sample stream to confirm the accuracy of the reported results. 
Habanero is a diversified junior company with the following
prospects: the White Gold Prospect in the White Gold Region Yukon,
bordering Kinross' Golden Saddle discovery; the Haldane Silver
Prospect in the Keno Hill Silver Region of the Yukon borde
ring Alexco
Resources Corp.'s Bellekeno property; the Lezai Multi-Element
Prospect located approximately 100 km north of Chibougamau Quebec;
and the Grande-Vallee North Aluminous Clay Prospect consisting of
approximately 7,400 hectares (18,285 acres) near Murdochville Quebec,
bordering Orbite Aluminae Inc.'s deposit. 
If you would like to be added to Habanero's email updates list,
please send an email to ir@habaneroresources.com requesting to be
To view maps of these projects please go to
Habanero Resources Inc.  
Jason Gigliotti, President 
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
Habanero Resources Inc.
Jason Gigliotti
604 646 6900
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