Hana Mining Reports More Strong Results From Zone 5 Including 4.54% CuEq Over 8.56 Meters

Hana Mining Ltd. ("Hana" or the "Company") - (TSX
VENTURE:HMG)(FRANKFURT:4LH)(BOTSWANA:HANA) is pleased to announce that the
results from infill and down dip drilling of seven holes in Zone 5 at the Ghanzi
sediment hosted Copper-Silver Project in Botswana continue to demonstrate
consistent, strong mineralization, displaying the potential for new high grade
resources. 


As well, today's report includes four infill drill results at the Northeast Fold
and eight infill drill results from the Chalcocite deposit located at the Banana
Zone. The results will be used to strengthen the confidence in these deposits
which were considered in the PEA reported 14 May 2012. 


Highlights of drilling results from Zone 5:



--  4.54% CuEq(1) (3.95% Cu and 40.0 g/t Ag) over 8.56 metres within a wider
    mineralized interval of 2.34% CuEq(1) (2.04% Cu and 21.0 g/t Ag) over
    17.10 metres in hole HA-568-D, 
--  2.54% CuEq(1) (2.22% Cu and 22.0 g/t Ag) over 11.56 metres within a
    wider mineralized interval of 1.64% CuEq(1) (1.43% Cu and 14.0 g/t Ag)
    over 19.24 metres in hole HA-565-D, 
--  1.93% CuEq(1) (1.68% Cu and 17.0 g/t Ag) over 12.17 metres within a
    wider mineralized interval of 1.29% CuEq(1) (1.13% Cu and 11.0 g/t Ag)
    over 19.25 metres in hole HA-569-D.

(1)Copper equivalent calculated using US$3.00/lb Cu, US$30/oz Ag and is not 
adjusted for metallurgical recoveries. The formula used is as follows: CuEq 
= Cu% + (Ag g/t x 0.01458).                                                 
(2)These and other assay results from Zone 5, and the results from Northeast
Fold and Chalcocite are listed in Table 1 at the end of this news release.  



Discussion: 

Results for seven holes from Zone 5 continue to define high-grade at mineable
widths and support the investigation for additional strong mineralization
continuing at depth below the current modeled pit. The goal of the current drill
program is to outline a pit that is amenable to both open pit and underground
mining. 


Drilling at Northeast fold intersected mineralization along the outer limits of
the current pit towards the northeast and near surface at the southwest start of
the plunge axis. The lower high-grade mineralized zone was found within the
footwall sandstones (Ngwako Pan Formation) and intersected 3.24% CuEq (3.21% Cu
and 2.0 g/t Ag) over a 2.00m width (hole HA-555-D). 


The drill plan for the Chalcocite Zone was to investigate the potential to
increase existing inferred resources at Banana Zone. The results indicate wide
intervals of mineralization which could be useful for mill feed. The economic
viability of this will be considered in the Pre Feasibility Study. 


The new drill results announced today are not included and are in addition to
the mineral resource estimate released on 14 May 2012.


To view the figures associated with this release, please visit the following
link: http://media3.marketwire.com/docs/Figures1-2-3.pdf.


Hana Mining's CEO and Chairman, Marek Kreczmer, commented as follows: 

"Today's results from Zone 5 show promise of world class mineralization that is
predicted for the Kalahari Copper belt which extends from central Namibia
through the north of Botswana and is believed to be the new premier copper
region. We are also very pleased with the results from the Northeast Fold and
Chalcocite deposits which are showing large mineralized intervals which will
contribute to the next resource estimate and we look forward to determining
whether these large mineralized areas can improve the resource estimate
numbers." 


Qualified Person and Quality Assurance/Quality Control 

The drilling program and results are reviewed and approved by Marek Kreczmer,
Chief Executive Officer for Hana. He is the qualified person as defined in NI
43-101 and has reviewed the technical information in this press release. 


Drill core is logged and photographed. Mineralized intervals are split in half
by sawing and sampled at site. The remainder of the core is kept as a permanent
record. Samples are placed into labeled bags, closed and packed into sealed bags
that are shipped to Scientific Services Laboratory in Cape Town, South Africa.
Hana has implemented an industry-standard QA/QC program that includes the blind
insertion of certified standards, duplicates and blanks into the sample stream.


About Hana Mining's Ghanzi Copper-Silver Project in Botswana: 

The Ghanzi Project is located in the center of the Kalahari Copper Belt in
northwestern Botswana. The Ghanzi property covers 2,149 square kilometres, and
contains sediment-hosted copper-silver deposits with a demonstrated cumulative
tested strike length of 70 kilometres. This favorable geology extends over an
estimated strike length of 600 kilometres. 


On May 14, 2012 Hana Mining released results of its most recent NI 43-101
compliant Preliminary Economic Assessment ("PEA") for the Ghanzi Project. The
PEA details a 10,000 tonne per day open-pit mining and milling operation at the
Banana Zone and Zone 5 at an initial capital expenditure of US$285.5 million.
This operation is expected to produce approximately 66.4 million pounds of
copper and 878,000 ounces of silver annually over a minimum 13-year mine life. 


The project will benefit from proposed rail and power infrastructure expansions,
along with proximity to local population centers and workforce. A feasibility
study was carried out (funded by the World Bank and the governments of Botswana
and Namibia) to support completion of a rail line link that would connect
Botswana with the Namibian port of Walvis Bay, on the Atlantic coast. The
closest existing railhead to port is at Gobabis, in Namibia, approximately 550
km from our property. Construction is well advanced on the 600MW expansion of
the government-owned Moropule Power Plant, having secured US$825 million project
funding in May 2009. The Ghanzi Copper-Silver Project is currently accessed by
the paved Trans-Kalahari highway, which passes within 40 km of the property. 


The Ghanzi property is one of Africa's premier future copper-silver resources.

Table 1: Drill Results from Zone 5, Sections N124850 - N126250; Northeast Fold
Sections N70625 - N70125; and Chalcocite Sections CC39600 - CC40850. Interval
indicates down hole interval lengths




----------------------------------------------------------------------------
                                                        Est.                
                                                        True                
Hole #    Section Mineralized   From     To Interval   Width CuEq   Cu    Ag
----------------------------------------------------------------------------
                         Zone    (m)    (m)      (m)     (m)  (%)  (%)   (%)
----------------------------------------------------------------------------
Zone 5 Diamond Drilling                                                     
----------------------------------------------------------------------------
HA-564-D  N124850      Zone 5 115.00 157.00    42.00   39.06 0.61 0.57   3.0
 includes                     125.00 150.00    25.00   23.25 0.86 0.82   3.0
----------------------------------------------------------------------------
HA-565-D  N125450      Zone 5 145.69 166.38    20.69   19.24 1.64 1.43  14.0
 includes                     145.69 158.12    12.43   11.56 2.54 2.22  22.0
----------------------------------------------------------------------------
HA-566b-D N124850      Zone 5 277.80 298.00    20.20   18.79 1.36 1.21  10.0
 includes                     280.00 292.00    12.00   11.16 2.16 1.93  16.0
HA-566b-D                     305.26 307.00     1.74    1.62 0.31 0.28   2.0
----------------------------------------------------------------------------
HA-567b-D N125450      Zone 5  98.75 115.00    16.25   15.11 2.48 2.17  21.0
----------------------------------------------------------------------------
HA-568-D  N125650      Zone 5 151.34 169.73    18.39   17.10 2.34 2.04  21.0
 includes                     151.34 160.54     9.20    8.56 4.54 3.95  40.0
----------------------------------------------------------------------------
HA-569-D  N125650      Zone 5 110.30 131.00    20.70   19.25 1.29 1.13  11.0
 includes                     112.09 125.18    13.09   12.17 1.93 1.68  17.0
----------------------------------------------------------------------------
HA-580-D  N126250      Zone 5 184.65 207.30    22.65   21.06 0.75 0.67   6.0
 includes                     189.00 199.09    10.09    9.38 1.49 1.33  11.0
----------------------------------------------------------------------------
Northeast Fold Diamond Drilling                                             
----------------------------------------------------------------------------
HA-552-D            Northeast                                               
           N70625        Fold 119.42 120.70     1.28    1.28 7.11 6.17 64.00
HA-552-D                      166.90 170.65     3.75    3.75 0.64 0.56  6.00
HA-552-D                      188.57 233.63    45.06   45.06 0.40 0.31  6.00
 includes                     225.96 227.00     1.04    1.04 2.41 1.57 58.00
 includes                     231.05 232.81     1.76    1.76 2.84 2.23 42.00
----------------------------------------------------------------------------
HA-553-D            Northeast                                               
           N70800        Fold 170.13 189.00    18.87   18.87 0.34 0.28  4.00
 includes                     170.13 172.72     2.59    2.59 0.81 0.67 10.00
 includes                     182.59 187.00     4.41    4.41 0.60 0.53  5.00
HA-553-D                      240.00 248.00     8.00    8.00 0.20 0.17  2.00
HA-553-D                      268.47 294.42    25.95   25.95 0.27 0.22  3.00
 includes                     288.84 291.08     2.24    2.24 1.07 0.91 11.00
----------------------------------------------------------------------------
HA-555-D            Northeast                                               
           N70125        Fold  27.00  34.00     7.00    7.00 0.63 0.60   2.0
 includes                      28.62  29.26     0.64    0.64 2.96 2.92   3.0
 includes                      32.00  33.52     1.52    1.52 0.63 0.62   1.0
HA-555-D                       49.00  51.00     2.00    2.00 3.24 3.21   2.0
HA-555-D                       79.00  86.15     7.15    7.15 0.26 0.25   1.0
----------------------------------------------------------------------------
HA-556-D            Northeast                                               
           N70125        Fold  22.12  30.57     8.45    8.45 0.67 0.65   1.0
 includes                      26.00  30.57     4.57    4.57 1.04 1.02   1.0
----------------------------------------------------------------------------
Chalcocite Diamond Drilling                                                 
----------------------------------------------------------------------------
HA-515-D  CC40850  Chalcocite 135.25 205.00    69.75   68.36 0.41 0.35   4.0
 includes                     189.60 205.00    15.40   15.16 0.86 0.75   8.0
----------------------------------------------------------------------------
HA-516-D  CC40525  Chalcocite 106.43 126.00    19.57   19.18 0.74 0.64   7.0
 includes                     113.00 125.00    12.00   11.76 0.98 0.83  10.0
----------------------------------------------------------------------------
HA-517-D  CC40525  Chalcocite 149.00 172.00    23.00   22.54 0.57 0.50   5.0
 includes                     166.39 171.00     4.61    4.52 1.24 1.09  10.0
----------------------------------------------------------------------------
HA-518-D  CC40850  Chalcocite  82.13 153.50    71.37   69.94 0.32 0.28   3.0
 includes                     140.00 152.00    12.00   11.76 0.81 0.69   8.0
----------------------------------------------------------------------------
HA-520-D  CC39425  Chalcocite 117.00 167.00    50.00   49.00 0.35 0.30   3.0
 includes                     159.27 165.00     5.73    5.62 0.66 0.60   4.0
----------------------------------------------------------------------------
HA-521c-D CC40175  Chalcocite  25.62  44.00    18.38   18.01 0.36 0.33   2.0
HA-521c-D                      36.00  41.60     5.60    5.49 0.59 0.55   3.0
HA-521c-D                      69.00 131.50    62.50   61.25 0.31 0.28   2.0
 includes                      95.00 110.39    15.39   15.08 0.56 0.52   3.0
----------------------------------------------------------------------------
HA-523-D  CC40575  Chalcocite 207.00 228.17    21.17   20.75 0.25 0.22   2.0
----------------------------------------------------------------------------
HA-524-D  CC39600  Chalcocite 326.00 346.00    20.00   19.60 0.36 0.30   4.0
----------------------------------------------------------------------------



Copper equivalent calculated using US$3.00/lb Cu, US$30/oz Ag and is not
adjusted for metallurgical recoveries. The formula used is as follows: CuEq =
Cu% + (Ag g/t x 0.01458).


Statements in this press release, other than purely historical information,
including statements relating to the Company's future plans and objectives or
expected results, may include forward-looking statements. Forward-looking
statements are based on numerous assumptions and are subject to all of the risks
and uncertainties inherent in resource exploration and development. As a result,
actual results may vary materially from those described in the forward-looking
statements.