Fraser Range Nickel-Copper-PGE Project, Western Australia

The Project tenements lie mostly within the metamorphosed rocks of the Fraser Range Domain of the Albany-Fraser Orogen, an east to northeast-trending Proterozoic terrane of igneous and high- grade metamorphic rocks flanking the southern and south-eastern margin of the Yilgarn Craton.

The Project is located 100km to the east of Norseman in Western Australia and consists of 10 granted tenements held 100% by Hannans. The tenements are spread over a distance of 75km along a northeast strike and with the northern tenements only 16 km to the west of the Nova- Bollinger mine operated by IGO Limited.

The primary focus of exploration is for magmatic Ni-Cu-PGE mineralisation associated with contaminated and differentiated mafic-ultramafic intrusions as per the host at the Nova-Bollinger mine. Other advanced deposits discovered to date include the Silver Knight and Mawson which occur to the northeast of Nova.

The Fraser Range Project contains host rocks/stratigraphy considered prospective for nickel-copper sulphide mineralisation related to mafic-ultramafic intrusions, however the effectiveness and coverage of previous exploration is highly variable. Hannans’ exploration strategy is therefore to conduct systematic exploration activities to follow on where previous operators have left off in order to effectively test the mineral potential of the tenure.

LATEST ANNOUNCEMENTS

November 26, 2021	AGM Presentation
April 19, 2021	Geophysical surveys at Fraser Range
January 31, 2021	2nd Quarter Activities Report