Microsoft Word - 150713 FINAL Lapland Ni-Cu-PGE Permits Granted_AVS_DPH_100715.docx
ASX & MEDIA ANNOUNCEMENT
Lapland Ni-Cu-PGE Project Granted
All permits now granted (17 permits covering ~300km2)
Reconnaissance mapping and sampling to commence in August 2015
Search continues for joint venture partner
13 July 2015
Hannans Reward Ltd (ASX:HNR) (Hannans or the Company) is pleased to advise that all permits comprising the Company's major Lapland Ni-Cu-PGE Project, located ~1,000km north of Stockholm, Sweden have now been granted in the name of wholly owned subsidiary Scandinavian Resources AB.
Hannans Managing Director Damian Hicks said, "We believe the Lapland Ni-Cu-PGE Project is located in Sweden's equivalent of the Fraser Range province in Western Australia - you have a coincident regional scale magnetic-gravity feature and multiple intrusives located on the edge of a craton margin. Several permits cover the
spine of the regional gravity feature and Hannans' first field program will commence in August 2015.
We will also continue our search for a world class joint venture partner to join us in exploring this significant project."
The Lapland Ni-Cu-PGE Project work plan for the next twelve months includes stakeholder engagement, environmental assessments, mapping, sampling and prospecting, geophysical surveys (in-fill airborne gravity and electromagnetic surveys) and bedrock drilling. These activities will improve
our understanding of the social, environmental and geotechnical characteristics of the Lapland Project.
Lapland Ni-Cu-PGE
Project
A detailed introduction to the Lapland Project can be viewed at www.hannansreward.com. For further information please contact:
Damian Hicks
Managing Director
+61 419 9300 087 (M)
[email protected] (E)
Amanda Scott
Exploration Manager
+46 703 221 497 (M)
[email protected] (E)
REWARD LIMITED
About Hannans Reward Ltd
Hannans Reward Ltd (ASX:HNR) is an exploration company with a focus on copper, gold, nickel, PGE and iron. Hannans has JORC compliant copper, gold and iron resources in Sweden, a major Ni-Cu-PGE project in Sweden and a free-carried interest in a nickel project in Australia. Since listing on the Australian Securities Exchange in 2003 Hannans has signed agreements with Vale Inco, Rio Tinto, Anglo American, Boliden, Warwick Resources, Cullen Resources, Azure Minerals, Neometals, Tasman Metals and Grängesberg Iron. Shareholders at various times since listing have included Rio Tinto, Anglo American, OM Holdings, Craton Capital and BlackRock. For more information please visit www.hannansreward.com.
Competent Persons Statements
The information in this document that relates to exploration results is based on information compiled by Amanda Scott, a Competent Person who is a Member of the Australian Institute of Mining and Metallurgy (Membership No.990895). Amanda Scott is a full-time employee of Hannans Reward Ltd. Amanda Scott has sufficient experience, which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which has been undertaken to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Amanda Scott consents to the inclusion in the report of the matters based on her information in the form and context in which it appears.
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