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Hannans Reward Provides Forrestania Nickel and Gold Project Update Thursday October 29, 2009, 8:24 am Original Announcement: Hannans - Forrestania Nickel and Gold Project Update Hannans Reward provided an update on the Company's activities at the Forrestania Nickel and Gold Project, located east of Hyden, WA. The Company reported systematic approach to exploration strategy being undertaken over increasingly large Forrestania package; new 100% Hannans tenement applications increase tenement package to 385km2; large regional helicopter-borne geophysical survey (VTEM and ZTEM) is currently in progress; Anomalous Nickel geochemistry has been identified from recent RC drilling; and ground based geophysical surveys are scheduled for the current Quarter. The Company also reported RC drill testing of geophysical targets are scheduled for this Quarter, subject to government approvals; regional reconnaissance geochemical sampling (RAB drilling) is proposed for next Quarter; and settlement of Hannans - St Barbara - Kagara transaction is anticipated for November 2009.More information about HNR.AX |
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