Ann: Hannans - Gold Resource at Forrestania, page-2

*** breeeeep *** *bree....   GOLD!

ASX & MEDIA ANNOUNCEMENT Gold Resource at Forrestania  Hannans owns 20% free-carried interest in the Forrestania Gold Project (FGP)  FGP contains 216,650 ounce gold resource1 Hannans Ltd (ASX: HNR) is pleased to advise that a gold resource for the Forrestania Gold Project was reported to ASX this morning by joint venture partner Classic Minerals Ltd (ASX:CLZ). The resource is reported in accordance with the JORC Code, 2012 Edition. Hannans holds a 20% interest in the FGP2 which is located south of Southern Cross, Western Australia. Hannans' interest is free-carried, meaning Hannans is not required to fund any activities on the FGP until a decision to mine has been made. Hannans shareholders therefore remain exposed to the upside on the FGP without the requirement to fund exploration. For the avoidance of doubt Hannans Ltd owns a 100% interest in all non-gold rights on the FGP tenements including but not limited to nickel, lithium and other metals. For further information, please contact: Damian Hicks Executive Director +61 419 930 087 (M) [email protected] (E)