New Hana Mining Builds the Corporate Structure with Appointment of Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/07/12 -- New Hana Copper Mining Ltd. ("HML" or "New Hana") (TSX: VENTURE:HML) is pleased to announce Richard Schroeder, a Chartered Accountant with over 35 years of public accounting experience, to the position of Chief Financial Officer.

Mr. Schroeder retired as a partner of Ernst & Young LLP in 2011 where he focused on advising multinational public companies in both the mining and financial sectors. Prior to his tenure at Ernst & Young, Mr. Schroeder was a partner at Ellis Foster Chartered Accountants, one of the largest independent accounting firms in British Columbia.

Mr. Schroeder currently serves as well on the Board of Directors for Lions Gate Metals Inc. and Channel Resources Ltd.


New Hana Copper Mining's President and CEO, Mr. Marek Kreczmer, comments:

"Richard Schroeder is a high quality professional who will further the governance and operations standards that we have established with our Board. We expect that New Hana will require the extensive experience and skill set that Richard provides as we anticipate commencing our work plan for the Musina Copper Project."


About New Hana Copper Mining Ltd.

New Hana Mining has entered into an Acquisition and Joint Venture agreement with BSC Resources Limited of South Africa whereby New Hana has the option to earn up to a 100% interest in the Musina Copper Project located in northeast South Africa.

The Musina Project area is comprised of six Prospecting Rights covering 100 square kilometers (10,006.88 hectares) of highly prospective ground, which encompasses the Musina fault; a structure that is known to host a number of formerly producing high-grade copper, mines. The Project includes the formerly producing Artonvilla, Spence, Messina, Harper and Campbell underground copper mining operations. Mining activity was closed in 1993 due to low copper prices.

New Hana also has an exploration-stage copper-silver project, "The Kuke Project", located in the center of the Kalahari Copper Belt in northwestern Botswana, adjacent and along strike to Hana Mining Ltd.'s ("Hana") Ghanzi Copper Silver Project.

This press release was reviewed and approved by Marek Kreczmer., Chief Executive Officer for New Hana. He is the qualified person as defined in NI 43-101.

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.



Contacts:

New Hana Mining Ltd.
Investor Relations
(604) 682-4262
(778) 370-0146 (FAX)
info@newhanamining.com
www.newhanamining.com