At the end of the year with geophysical expectancies

This entry was posted by Monday, 21 December, 2009
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Hannans Reward Ltd., an explorer focused on prospecting for gold and base metals within Western Australia has conducted airborne VTEM and ZTEM (Geotech Ltd.) and detailed ground FLTEM.
Heli-borne geophysics (VTEM) has identified multiple, well defined and well located EM anomalies within the Forrestania Project.
Majority of the EM anomalies are located within the newly acquired Stormbreaker ground position. Hannans’ Managing Director Damian Hicks said, “The recently completed heli-borne survey (VTEM) within the Stormbreaker Prospect has been extremely successful, generating anomalies covering an aggregate strike length of 14km. Hannans can now focus its future ground based exploration activities on these discrete anomalies.” Importantly the majority of the EM anomalies are located within the newly acquired ground position, which has not previously been exposed to any modern nickel exploration. The previous owners were solely focused on gold exploration.
We also have a newly developed airborne geophysical technique (ZTEM) being trialled over the Stormbreaker Prospect to determine if any additional deeper EM anomalies can be identified. Once the current helicopter surveys are finished we’ll immediately start ground based geophysical surveys (FLTEM) to further refine the EM anomalies. This will also assist with 3D modelling of the anomalies in preparation for drill testing. With such a large number of EM anomalies, it is anticipated that this ground surveying will continue through December and into January 2010.”
The detailed FLTEM surveying will refine the 13 recently identified priority VTEM targets and is anticipated to be completed during January 2010. Upon receipt of the final FLTEM data, geophysical modelling and subsequent drill hole positioning can commence.

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