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Additional Information
Market: ASX
Sector: General Mining
Epic: HNR
News: Latest news
Web Site: Hannans Reward
Other Articles: 08-12-2009

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Saturday September 04, 06:00Serving up support at Babcock

Support services have been among the worst performing sectors over the past month as revenue fears from the government’s austerity measures weigh heavily on the sector.

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Friday September 03, 11:40 Goldcorp snatches Andean Resources in $3.6bn deal, trumping Eldorado`s earlier bid

Both companies are vying for Andean`s Cerro Negro gold project, which is an advanced-stage, high-grade vein system, comprising 215 square kilometers. It currently has indicated resources of 2.54 million ounces of gold and 23.56 million ounces of silver, while inferred resources total 523,000 ounces of gold and 3.12 million ounces of silver.

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Wednesday September 01, 10:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Hannans Reward

Hannans Reward

Hannans Reward Ltd is an explorer focused on prospecting for gold and base metals within Western Australia.
Thursday, February 25, 2010

Hannans Reward strengthens Forrestania nickel sulphide project

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Western Australian minerals explorer Hannans Reward (ASX:HNR) believes its Forrestania nickel sulphide project continues to be strengthened with the involvement of additional key experienced technical professionals, access to increasingly prospective exploration acreage and a balance sheet that enables a methodical exploration process to be employed without short term capital raising requirements.

During the afternoon trade, shares in the Perth-based company increased 1c to 21.5c.

Since commencing with Hannans in early 2010 the expanded technical team has worked towards improving the geological understanding of the Forrestania Project, reviewing the exploration data sets compiled by Hannans and previous explorers and planning the future exploration strategy.

This has resulted in a significantly improved geological understanding of= the Project, which is well located within the world-class Forrestania nickel sulphide belt.

The next phase of reverse circulation drill testing of priority geological/geochemical/geophysical targets scheduled to commence in March, pending Government approvals - approximately 20 holes for 5,000 metres.

The drilling to occur within the interpreted northern extension of the western ultramafic unit that hosts the high grade Flying Fox nickel sulphide mine is approximately 7km to the south.

Geological and geochemical review has identified several previously unidentified ultramafic units increasing prospectivity of the wider Forrestania Project.

Ground electromagnetic surveys designed to refine VTEM anomalies will be completed this week.

Meanwhile, geophysical interpretation and modelling of VTEM, moving loop EM and fixed loop EM continues to generate additional areas of interest within Stormbreaker corridor.

Multiple co-ordinated field programs will continue throughout 2010.

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